Samsung Elec to merge mobile and consumer electronics divisions

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Reuters

By Joyce Lee SEOUL (Reuters) -Samsung Electronics Co Ltd said on Tuesday it will merge its mobile and consumer electronics divisions and named new co-CEOs in its biggest reshuffle since 2017, to simplify its structure and focus on growing its logic chip business. The sweeping move is the latest sign of centralised change at the World’s largest memory chip and smartphone maker, after Vice Chairman Jay Y. Lee was paroled https://www.reuters.com/World/asia-pacific/samsung-leader-jay-y-lee-released-prison-parole-2021-08-13 in August from a bribery conviction. The head of visual display business, H…

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