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A well-known insider said that Samsung is looking for a new direction and may abandon the division of smartphones

Lee Jae Young is going to invest in “technologies that are not yet in the world”

The well-known insider Ice Universe, who regularly shares exclusive information about the latest in the mobile industry, has published interesting information about the possible directions for Samsung’s development.

According to him, the South Korean businessman and billionaire Lee Jae-young, who actually heads Samsung Electronics, is currently actively looking for a new business direction.

According to insider information, Lee Jae Young is going to invest in “technologies that are not yet in the world.” Ice Universe elaborates: “This means creating new technologies. Samsung’s semiconductor business is shaky and it is possible that the company will abandon the mobile phone business.”

Lee Jae Young
Lee Jae Young

When the cost of mobile phones is reduced to the limit, sales are still small. The smartphone division is still unprofitable. I think that Lee Jae Young, as a businessman, may very well abandon the smartphone division.

ice universe

Ice Universe was the first to accurately talk about the new trend of smartphones with waterfall screens, the notch in the iPhone X, the new design of the iPhone 14 and Samsung’s 200-megapixel image sensor. Recently, he was the first to accurately report that Redmi Note 12 Pro + will receive a 200-megapixel main camera. Exclusive information about new products is leaked to him by sources in the research and development department of the South Korean giant.

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Tags: samsung galaxy s series

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