Samsung’s rechristening of business division continues. Right after renaming its mobile business to Mobile Experience or MX for short, Samsung has confirmed the new name of the newly merged SET division. The SET division has been named as DX (Device eXperience) Division with the same aim as the MX business — to create new and […]
Company
Samsung’s renames Mobile biz to Mobile Experience (MX)
A lot of things are changing at Samsung. Earlier this week, they announced naming new CEOs and combining a new SET division for its consumer electronics business. Now the company has confirmed the renaming of its mobile business. Samsung’s Mobile Communications business will now be known as Mobile Experience (MX). Samsung says the name change […]
Samsung merges businesses, names new CEOs
In a major reshuffle today, Samsung announced the merger of its two consumer-facing businesses into one. Consumer Electronics (CE) and IT & Mobile Communications (IM) will now be under a new business division called Set Division (SET). The division includes products like smartphones, laptops, tablets, TVs and home appliances and the amalgamation will help Samsung […]
Caltech University sues Samsung, seeks ‘reasonable royalty’
California Institute of Technology (Caltech) has sued Samsung Electronics for infringing their Wi-Fi-related patents, emboldening the university to sue the Korean company after winning a verdict against Apple and Broadcom, awarding them over $1.1 billion in damages. According to the filing, Caltech is suing Samsung for five patents and is seeking a right to recover […]
Samsung will build a $17b semiconductor factory in Texas
After weeks of speculation, Samsung has confirmed the location of its new advanced semiconductor factory. The massive $17 billion manufacturing facility will be built in Taylor, Texas, making it the largest investment by Samsung in the United States till date. With the groundbreaking of the factory site scheduled in the first half of next year, […]