After fending off an activist investing firm’s proposal to split up Samsung Electronics, the company may just end up doing so anyways — and that could mean upward pressure on Galaxy S8 pricing.

A source to the Seoul Economic Daily claims that a spin-off will be announced as part of the company’s overall shareholder value enhancement plan tomorrow.

Elliott Management issued a call in October to split Samsung apart into an operating company and a holding company that can divert more cash to shareholders.

Major losses recorded in the wake of the Galaxy Note 7’s total recall mean that Samsung will need investor morale and capital to back it up, especially as we head towards the launch of the Galaxy S8. What isn’t helping is its apparent link to the graft scandal the South Korean President has been linked to — prosecutors have raided some of the chaebol’s offices.

The swelling of profit motive (or, rather, investor return motive), if it’s true, may not only mean major changes to products in the long-term, but pressure to either sell more Galaxy S8 units — again, we’ll have to see what impact the Galaxy Note 7 explosions have on the brand’s perception — or charge more for them.

You May Also Like
Android 11

Pocketnow Daily: Google Pixel 5 and 4a Features LEAKED on Android 11?!(video)

On today’s Pocketnow Daily, we talk about the new feature that may arrive with Android 11, the possibility of new AirPods Pro Lite and more

Google testing double tap gesture on rear panel of Pixel phones in Android 11

Just tap twice on the back of your Pixel phone to wake up the Google Assistant, launch camera, snooze alarm, silence calls, and do a lot more.

Microsoft’s Defender antivirus software is coming to Android and iOS

Microsoft will preview its Defender security solution for Android and iOS operating systems at the RSA Conference later this month.