Samsung Electronics considers splitting firm in two

The company has been under pressure from some investors to break itself into a holding unit and an operating company to boost shareholder value. Samsung said it would bring in "External advisors to conduct a thorough review of the optimal corporate structure." The firm pointed out that "The review does not indicate the management or the Board's intention one way or another." Samsung's statement comes after US activist hedge fund Elliott Management called for the firm to break into a holding unit for ownership purposes and a separate operating company. The proposal has won support from several of Samsung's investors and it is also thought that it would give back more control to the founding Lee family behind the company.

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