Shareholders are urging Samsung to split the company in two


Samsung Galaxy S7 vs S6 DSC02075

Samsung Galaxy Note 7 owners are not the only people who feel frustrated with Samsung right now. As the year comes to an end, shareholders are urging Samsung to split the company in two. The split would turn Samsung into one holding company and one operating company.

It’s no mystery that Samsung has not had an easy past few months. The Note 7 recall was just one problem. All of the trouble has led investors to worry about how the company is run. On top of splitting in two, a US-based hedge fund is urging Samsung to add three independent board members and list shares on the US stock market. We don’t know how seriously Samsung is considering these options, but it shouldn’t affect their mobile division too much.

[via Reuters]

Joe Fedewa
Ever since I flipped open my first phone I've been obsessed with the devices. I've dabbled in other platforms, but Android is where I feel most at home.

Samsung Pay on the Gear S3 is not compatible with Pixel phones

Previous article

UK Galaxy S7 owners get another chance to test Android 7.0 Nougat

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in News