Smartphone Business in China Streamlined
Samsung Electronics has pulled the plug on the Mongoose Project, scrapping its efforts to develop a central processing unit (CPU) core. The company has laid off about 290 employees at the Samsug Austin Research Center (SARC) in Texas of the United States.
The company will also execute reorganization in China after restructuring its Advanced Computing Lab (ACL) in San Jose, California.
Samsung Electronics informed the Texas Labor Commission on Oct. 29 (local time) that it planned to terminate the CPU project at the Austin semiconductor plant and lay off about 290 people. The layoff is scheduled to begin on Dec. 31.
Samsung plans to concentrate its resources on neural network processing units (NPUs) and graphic processing units (GPUs), both of which have big future growth potential.
Samsung Electronics announced on Nov. 4 that its smartphone business in China will be reorganized. The company disclosed a plan to integrate 11 regional headquarters and offices into five bases in a briefing session on changes in its organization and distribution channels.