Samsung Electronics Co Ltd disclosed in a statement about its plans of creating an artificial intelligence (AI) research center and strengthen an executive role to look for new business areas for all its three major business groups.
Further, in a statement, Samsung Electronics said that the minor changes to the Samsung Electronics’ business structure were to “quickly respond to market changes”.
The plans have come out after last month’s appointment of a new generation of top managers that dispelled lingering worries about a leadership vacuum from the detention of Vice Chairman Jay Y. Lee.
Samsung has planned that the new AI research center would be under a joint research center of the mobile and consumer electronics businesses, two of its three main businesses. However, the company has not disclosed the exact location of the Data Center.
Samsung Electronics also strengthened the “business development” role of Young Sohn, its chief strategy officer, to explore new business opportunities in not only components but in mobile and consumer electronics as well.
Sohn led Samsung Electronics’ $8 billion acquisition of Harman International, which was agreed on in November last year. He oversees the Samsung Strategy and Innovation Center (SSIC) that has offices in San Jose and San Francisco in the United States, among others, according to the SSIC website.