Samsung plans to launch new research unit to combat semiconductor downfall

Tech giant Samsung is reportedly planning to launch a new in-house global research unit next month, to combat semiconductor downfall.

The new organisation will launch under the Device Solutions Business Division and will be assigned to research new investment avenues, as well as, analyse the global semiconductor market, reports SamMobile.

Due to the COVID-19 crisis, the tech giant and other semiconductor companies have seen a continuous decline in demand, supply chain interruptions, and excess inventories.

Samsung appears to be hoping that the formation of a global semiconductor research unit will improve things.