Samsung shuffles around engineers to expand different portfolios

Looks like Samsung doesn’t just want its mobile business to flourish. The South Korean tech giant has moved 500 engineers from its mobile division to different groups, such as home electronics and software sections. This move is intended to improve the company’s competitive edge in the internet of things market and improve synergies for the Tizen platform.

“It sounds like (Samsung) doesn’t plan on going big with Tizen on its smartphones,” said Song Myung-sup, an analyst with HI Investment & Securities in Seoul told the Wall Street Journal. “The move will likely help resolve convergence issues that arise when connecting network devices like TVs and wearables with smartphones, but this shows less determination on Tizen smartphones."

Source: Wall Street Journal | Via: Engadget