Samsung Electronics Co. is giving Sony Corp. a lesson in quick decision-making by moving engineers from its smartphone unit less than a month after posting a profit slump in the business.
Samsung is transferring about 500 workers from mobile phones and allocating them largely to its Internet of Things (IoT) initiative, according to sources familiar with the matter.
Sony Chief Executive Officer Kazuo Hirai told investors Tuesday about targets for higher entertainment earnings after previously saying the company has been slow in adapting to change.