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Samsung plans to spin off foundry business

by on12 December 2016


Restructuring 

Samsung seems likely to spin off its foundry business as part of a restructuring programme.

The outfit has been selling divisions that are weighing down its core businesses and has been taking additional steps to adopt a leaner corporate structure. Now it seems that Samsung is thinking about reorganising its foundry business that comes under the System LSI division to systematically grow this business.

Samsung is reportedly planning to separate the design and manufacturing operations into the new business unit and spin it off to the fabless and foundry divisions.

Samsung’s System LSI division has four core segments which include the system on chip team that develops mobile processors, the LSI development team which works on camera sensors and display driver chips, the foundry business team and the support team.

The company’s cunning plan appears to be to spice up the the fabless division by bringing together the system on chip and LSI development teams and separating them from the foundry business. This will help Samsung separate its semiconductor design and manufacturing capabilities.

This is just a rumour and Samsung has not yet commented on this report, but it does make some sense.

Last modified on 12 December 2016
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