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Jan 17 2009

Samsung Electronics makes some changes around the house

Saad Ali Abbasi 

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Consumer electronics giant Samsung Electronics was reported to have been making some reconfiguring moves for its four divisions. The move is said to be made to bring those four divisions into two: TVs, cell phones, and other consumer electronics under one roof, and LCDs and semiconductors under one, reports WSJ. This probably will decrease costs for the company by far, and comes in time when businesses are looking to make changes and cuts to minimize costs.

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