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 […]
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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 […]
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, […]
Samsung’s JY Lee won’t contest the prison verdict
Big news to come out of South Korea last week was Samsung’s Jae-yong Lee (JY Lee) receiving a 30-month prison sentence from an appeals court. Considering Lee as the de facto leader of the Samsung Group and after his father’s recent passing, it was expected that he would file an appeal with the Supreme Court […]