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Samsung denies voluntary retirement and layoff rumors as executives strategize foundry solutions

Levi Li, DIGITIMES Asia, Taipei 0

Executive chairman of Samsung, Jae-yong Lee. Credit: AFP

Reports indicate that Samsung is exploring a voluntary retirement plan for its DS division, with possible layoffs of up to 30% in the 8-inch foundry unit. Rumors also suggest the program could expand across the company, impacting the Mobile eXperience...

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