DSA, the US semiconductor subsidiary of Samsung, announced layoffs, accounting for 3% of its total workforce.

CTOnews.com, March 10 (Xinhua)-- Samsung's US semiconductor subsidiary Device Solutions Americas (DSA) announced layoffs, accounting for 3% of its total workforce, according to an industry report in Silicon Valley. DSA currently employs 1200 people, and more than 30 employees have received HR layoff notices.

Source: Samsung Electronics

Operating profit at Samsung Electronics's semiconductor division was 270 billion won in the fourth quarter of 2022, down 96.9% from the same period in 2021.

Samsung Electronics (Samsung Electronics) spent more than 53 trillion won on investment in 2022, of which more than 90% invested in the semiconductor industry.

Samsung Electronics' investment in the semiconductor industry is 47.8717 trillion won (CTOnews.com Note: currently about 252.763 billion yuan), accounting for 90.1% of the total facility investment. Samsung Electronics invested more than 18.7696 trillion won in the fourth quarter of last year (CTOnews.com Note: currently about 99.103 billion yuan).