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Samsung Mobile Executives Barred From Travelling In Business Class As The Memory Crisis Bites
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Samsung Mobile Executives Barred From Travelling In Business Class As The Memory Crisis Bites
Samsung's labyrinthine corporate structure means that one segment's gains can indeed translate into another's losses. As a case in point, look no further than the South Korean behemoth's mobile-centric MX division, which has been forced to embark on a series of belt-tightening measures after it failed to win a reprieve on memory prices from Samsung DS. And, some of these new frugal measures now include a ban on traveling in business class. Samsu…
Samsung Electronics' Device Experience (DX) division, which oversees smartphones, TVs, and home appliances, has begun cutting costs due to the surge in memory semiconductor prices, a key component in finished products, and the surge in oil prices.
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