Samsung considers splitting into two
Samsung has also come under pressure from foreign investors, including US hedge fund Elliott Management, to improve its corporate governance through the establishment of a holding company and to increase dividends for shareholders.
The move comes as the tech giant struggles to contain the fallout from a global recall of its Galaxy Note 7 smartphone prompted by exploding batteries.
Samsung said in a statement it would consider breaking the company into a holding firm and a producing and operating unit and would take at least six months to study the option.
Analysts said a split would give Samsung Electronics' vice chairman Lee Jae-Yong a tighter grip on the company through a holding firm.
Elliott and other investors have urged Samsung to set up a holding company as a way to address its complicated layers of cross shareholdings with sister companies.
They also said the company should increase dividends for shareholders. Samsung said it would increase per-share dividends by 36 percent this year to 28,500 won.
Source: AFP