Samsung cuts reliance on electronics unit
(WorldNews Business)

The headquarters of Samsung Electronics in Seocho-gu, Seoul / Yonhap By Baek Byung-yeul Samsung Group, Korea`s largest family-controlled conglomerate, has reduced its reliance on its flagship unit Samsung Electronics, industry data showed Sunday. According to data compiled by CEO Score, a private corporate information provider, the total operating profit of 12 Samsung affiliates was around 32.6 trillion won ($29.05 billion) in the first half of the year. Samsung Electronics accounted for 93.5 percent with an operating profit of...