Samsung Electronics is streamlining its structure to make it less bureaucratic and more meritocratic, doing away with minimum years needed for promotion and collapsing two senior positions into one.
Samsung Electronics selected Taylor, Texas, as the location for its $17 billion U.S. chip investment, a key move in the company's battle to compete with Hsinchu, Taiwan's TSMC in the manufacturing of high-performing processors.
Samsung Electronics says it is trying to reform its rigid corporate culture, which is seen hampering productivity and constructive discussion, with big changes to its job ranking and performance evaluation system.
Samsung Electronics has selected Taylor, Texas, as the location for its $17 billion U.S. chip investment, a key move in the company's battle to compete with Hsinchu, Taiwan's TSMC.
Samsung Electronics Vice Chairman Lee Jae-yong is meeting with top CEOs as he travels through the U.S., including the bosses of Google, Moderna, Verizon, Microsoft and Amazon.
Samsung Electronics may disclose the final location of its new $17 billion U.S. chip plant in the upcoming week, after its vice chairman Lee Jae-yong met with key officials from the White House and U.S. congressmen to discuss semiconductors and ...
Samsung Electronics Vice Chairman Lee Jae-yong met with the chief executives of Moderna and Verizon this week while in the United States, though it was not disclosed whether Lee will head to Texas to discuss a pending $17 billion chip deal there.
Korean retail investors continue dumping shares in recent days in part to avoid heavy taxes on stock gains.
Lee Jae-yong, vice chairman of Samsung Electronics, left for Toronto on Sunday morning. While details of his trip were not confirmed, reports indicate that he will be in Canada to visit a Samsung AI Center in Montreal. In comments to reporters ...
Korea's trade minister told his U.S. counterpart that her department’s request that chipmakers provide detailed information on semiconductor sales and inventories should be a one-off.