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Samsung set to desert the LCD panel enterprise
Based on media studies, Samsung Show, which provides OLED panels for smartphone producers comparable to Apple, has determined to desert the LCD panel enterprise and give attention to the OLED panel and quantum dot panel enterprise. The corporate has since confirmed that it’s going to discontinue operations in June.
Samsung Show deserted the LCD panel enterprise, which implies that they should relocate or modify associated workers. There are studies that Samsung will switch lots of of workers from the panel enterprise unit to the chip packaging enterprise unit. The corporate is now accepting functions for adjustment from workers. Workers aged 37 and beneath within the show enterprise division can apply for adjustment to the chip packaging enterprise division. Samsung’s purpose is to switch 300 workers from the show enterprise division. The corporate will full the chip packaging enterprise unit within the second half of the 12 months. Thus, worker relocation shall be full earlier than then.
The division the place Samsung’s show and chip packaging enterprise is positioned belongs to the gadget options division of Samsung Electronics. If there’s a want for personnel changes, it’s going to occur inside the gadget options division.
On the finish of final 12 months, Samsung Electronics adjusted its high-level and essential enterprise items. The corporate needed to merge the patron electronics and cellular enterprise items. The one division, “expertise division@ is now led by vice chairman and CEO Han Zongxi. Nevertheless, the gadget options division s led by the president and co-CEO, Qing Guixian.
Samsung Electronics has repeatedly adjusted Samsung Show workers
This isn’t the primary time they’ve made personnel changes between the 2 enterprise items. Samsung Electronics has repeatedly adjusted Samsung Show workers to the chip packaging enterprise unit, primarily as a result of they plan to withdraw from the LCD panel enterprise. They initially deliberate to surrender on the finish of 2020, however because of the request of Samsung Electronics’ TV enterprise unit, they retained some manufacturing traces. For that reason, the corporate needed to postpone its exit from the LCD panel enterprise.
By adjusting some workers of the show enterprise division to the chip packaging enterprise division, Samsung Electronics additionally hopes to make full use of its glorious inner workers to advertise the event of the chip enterprise. On the similar time, the chip enterprise division can also be going through expertise challenges and desires extra workers.
Final week, Samsung Group introduced that they plan to speculate 450 trillion received, or $356 billion, in key areas comparable to semiconductors, biopharmaceuticals, and different next-generation applied sciences by 2026 to drive the event of those key enterprise areas. Many of the 450 trillion received that Samsung Group plans to speculate shall be invested within the chip enterprise, together with reminiscence chips, logic chips, and foundry enterprise.
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