Best buy guide: Galaxy Watch 6 or Galaxy S24+. Woo-hoo join SamMobile on WhatsApp or Telegram!

SamMobile has affiliate and sponsored partnerships. If you buy something through one of these links, we may earn a commission.

Notifications
    News for you

    Samsung may be thinking about spinning off its foundry business

    Business
    By 

    Last updated: March 19th, 2024 at 13:03 UTC+01:00

    Samsung has been working on a complex restructuring program for quite some time now. The company has been selling divisions that are weighing down its core businesses and has been taking additional steps to adopt a leaner corporate structure. A new report suggests that Samsung is thinking about reorganizing its foundry business that comes under the System LSI division to systematically grow this business. Samsung is reportedly planning to separate the design and manufacturing operations into the new business unit and spin it off to the fabless and foundry divisions.

    Samsung's System LSI division is basically made up of four core segments which include the system on chip team that develops mobile processors, the LSI development team which works on camera sensors and display driver chips, the foundry business team and the support team. It's claimed that Samsung is thinking about forming the fabless division by bringing together the system on chip and LSI development teams and separating them from the foundry business.

    This will enable Samsung to grow the business more systematically by separating its semiconductor design and manufacturing capabilities, at least in theory. Samsung has not yet commented on this report so there's no confirmation about any of this just yet.

    Via Business Samsung Electronics

    You might also like

    Top-level visits underway as Samsung seeks turnaround in China

    Top-level visits underway as Samsung seeks turnaround in China

    China is an important market and while Samsung once enjoyed a considerable share in the country's smartphone market, it has since fallen to 0%. The company needs to do a lot more than just launch basic phones to revive its fortunes in the lucrative market. Samsung has set up a dedicated team to pursue a […]

    • By Adnan Farooqui
    • 2 days ago
    Samsung and Google tease new AI features

    Samsung and Google tease new AI features

    Samsung and Google have started teasing new AI (Artificial Intelligence) features developed through a partnership that's never been stronger. In a recent social media post on X, both Samsung Mobile and Google's Rick Osterloh confirmed that the two companies are continuing to work together to develop new exciting features. According to these recent teasers, Google's […]

    • By Mihai Matei
    • 3 days ago
    Samsung LATAM wants to recycle nearly 15,000 tons of e-waste in 2024

    Samsung LATAM wants to recycle nearly 15,000 tons of e-waste in 2024

    Samsung will extend its recycling and waste collection efforts to three more Latin American countries. During Earth Day earlier this week, the company announced that it will run its waste collection program in 13 countries instead of 10. Through its extended efforts, Samsung's new goal for 2024 is to collect a minimum of 14,183 tons […]

    • By Mihai Matei
    • 3 days ago
    Galaxy Z Flip smartphones may eventually get a zoom camera

    Galaxy Z Flip smartphones may eventually get a zoom camera

    One thing the Galaxy Z Flip series lacks is a telephoto camera. All the models released so far only feature wide and ultra-wide lenses, but new evidence has emerged to suggest that Samsung might eventually add a third sensor to the back of its future Galaxy Z Flip phones. A Samsung patent unearthed by GalaxyClub […]

    • By Mihai Matei
    • 3 days ago
    Samsung outfits Amazon’s latest film studio with cutting-edge LEDs

    Samsung outfits Amazon’s latest film studio with cutting-edge LEDs

    Samsung is showcasing its display technology prowess through a new collaboration with Amazon that revolves around its latest addition to its entertainment business portfolio: Culver Post. The latter is a state-of-the-art theatrical post-production studio located in Los Angeles. Samsung says it has partnered with 424 Post and Harbor to provide advanced display technologies for Amazon's […]

    • By Mihai Matei
    • 4 days ago
    Samsung Rewards loyalty program is now available in Canada

    Samsung Rewards loyalty program is now available in Canada

    Prospective Samsung customers in Canada now have one extra reason to use a Samsung Account when they purchase new products. The Korean tech giant announced it is bringing the Samsung Rewards program to Canada, allowing customers to earn points and exclusive benefits. Samsung Rewards is a loyalty program that lets customers accumulate points whenever they […]

    • By Mihai Matei
    • 4 days ago