Samsung Electronics Is Considering This Huge Move
Samsung could be about to make a move that would be the biggest thing it’s ever done in its 47 years. The company said on Tuesday that it is considering creating a holding company.
Investors had been urging the company to improve investor returns, and U.S. hedge fund Elliott Management in October also called for the South Korean firm to split itself into a holding vehicle and an operating company.
This is a company worth $224 billion combined. It will be interesting to see what Samsung’s next move is.