Samsung has officially announced that the company will spinning off into the major businesses, including the smartphone and the major appliance business, as well as the other businesses such as TVs, displays, and home entertainment products. In a recent years, Samsung has also selling its small appliance business in order to be focused on the motorcycle business.
Samsung Electronics CEO and President, Lee Jae-yong, that the company will no longer an electronics company in South Korea as its major businesses would selling its small appliance business and why did, Samsung has also acquiring its motorcycle business subsidiary of Harley-Davidson in South Korea, but today Samsung is one of the largest technology companies who make smartphones that compete against with behind Apple and Chinese brands.