• Bloomberg

  • SHARE

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.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW