Samsung's AI Fueled Profits Can't Save Its Struggling Consumer Business Samsung's latest round of layoffs in the US has shed light on a stark reality: its consumer tech arm is struggling to stay afloat, even as its chip and memory business soars.
The 839 job cuts announced this week are not just another casualty of the industry's ever shifting landscape; they're a symptom of a deeper problem.
The layoffs affect Samsung's display, phone, and other consumer electronics operations in New Jersey and Texas.