While Samsung's smartphone and tablet business is waning, its component division is doing as well as ever. The company is celebrating this success by opening up a new headquarters for their semiconductor production right in the middle of Silicon Valley.
This new HQ is over 1.1 million square feet and can hold up to 700 employees, blending marketing, sales, and support teams together under one roof. It's an ambitious but effective move for Samsung, but considering how well their chip business has been lately, it's a smart decision.
Samsung is obviously working to stay ahead of the curve with their typical consumer electronics business, but expect to see some new things happening in their component market, too.
source: Samsung
