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Samsung Electronics reportedly considering splitting up business

WorldNews Monday, 28 November 2016
Samsung Electronics reportedly considering splitting up business(Reuters) — South Korea’s Samsung Electronics Co Ltd will consider splitting itself into two as proposed by U.S. activist hedge fund Elliott Management, Seoul Economic Daily reported on Monday citing an unnamed source. A split would allow the heirs of the founding Lee family to...
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Source: Reuters Studio - < > Embed

News video: Samsung Electronics considering split: report

Samsung Electronics considering split: report 01:42

A South Korean media report says the board of the world's largest smartphone maker will consider a proposal to split the company in two. As Tara Joseph reports, shareholders are in favor of the idea, with Samsung struggles to recover from its Note 7 exploding phone crisis, and a leadership succession...

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