Samsung Electronics brings about minor changes to its business structure

These systemic changes with potentially long term benefits, include the opening of a AI research center in an undisclosed location.

On Wednesday, in a development of strategic longterm effect, Samsung Electronics Co Ltd disclosed it would be opening an artificial intelligence (AI) research center, as well as strengthen an executive role which will look for new business areas for its its three major business groups.

Samsung’s statement said this minor changes to its business structure will enable it to “quickly respond to market changes”.

The new AI research center will be under a joint research center of the mobile and consumer electronics businesses, two of its three main businesses, said Samsung in a statement without disclosing the location of the center.

The company has also strengthened the “business development” role of Young Sohn, its chief strategy officer, to explore new business opportunities in not only components but in mobile and consumer electronics as well.

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