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Samsung Electronics Han Jin-man: Considering Latest Special Performance Bonus System, Foundry Business May Continue Losses Next Year

By: M 9 hours ago

According to South Korean media reports, Han Jin-man, President of the Foundry Business at Samsung Electronics' DS Division, said that under the existing performance bonus system, they expect to turn a profit next year. However, if the recently introduced special management performance bonus system is taken into account, losses may continue. Han pointed out that the cost burden of paying special performance bonuses, along with delays in transitioning from a mobile-centric business structure, insufficient technological maturity, an order portfolio with low profitability, and a lack of effective operational strategies for mature (legacy) processes, are the reasons behind the forecast of continued losses this year and next.