Diabytes
Galaxy Note 7 fiasco News
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Samsung Electronics Co. on Tuesday said it was considering splitting the company into two, a move seen as necessary for heir-apparent Lee Jae-Yong to take over the firm from his father.
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Hit by Galaxy Note 7 fiasco and a massive corruption scandal, south Korean tech giant Samsung Electronics may be heading for a split as part of a restructuring plan during a shareholders` conference call on Tuesday.
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Samsung Electronics said Tuesday it would compensate suppliers hit by the decision to scrap its Galaxy Note 7 smartphones because of safety fears with exploding batteries.
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