Strike Chaos: Samsung Threatens To Spin Off Its Semiconductor-Focused DS Division Into A New Company To Neutralize Union Leverage
As Samsung's unionized workers grow ever bolder, egged on by the rapidly fattening purse of its memory business, which has spurred calls for pay/bonus hikes from other divisions as well, Samsung is eyeing the nuclear option of definitively splitting up the conglomerate by spinning off its semiconductor-focused Device Solutions (DS) division. Irked by rising calls for pay/bonus hikes from its less profitable business units, Samsung is eyeing a spin-off of its very lucrative DS division into an entirely different company The top echelons of Samsung's management appear to be in a panic mode ahead of an impending workers' strike, so [β¦]
Read full article at https://wccftech.com/strike-chaos-samsung-threatens-to-spin-off-its-semiconductor-focused-ds-division-into-a-new-company-to-neutralize-union-leverage/
