SEOUL, KOREA - Samsung Electronics selected fin-FET system semiconductor, flexible OLED and startup incubating as its mid- and long-term next-generation strategic business items.
At the Samsung Investors Forum 2014, held in New Yorkon November 17, Samsung Electronics told global investors that the above-mentioned three businesses will be cultivated as its new growth engines.
About 200 investors and analysts from in and outside Korea took part in the Samsung Investors Forum 2014.As part of this plan, Samsung intends to strengthen its foundry semiconductor business by leveraging the 14-nanometer fin-FET technology which it developed earlier than competitors.
Samsung also plans to spearhead the smartphone market by going beyond the limit in smartphone design by using flexible OLED panels. The company also revealed its intention to actively promote technology startup incubating and M&A through its Open Innovation Center it established in the U.S.
Article provided by The Korea Economic Daily