Samsung Electronics considers split as investor pressure builds

Money matter: The move and a plan to raise dividends comes after US hedge fund Elliott Management called for Samsung to split itself into a holding vehicle and an operating company.

SEOUL: Tech giant Samsung Electronics Co Ltd, under pressure from shareholders to improve investor returns, said on Tuesday it will consider creating a holding company in what would be the biggest shake-up in its 47-year history.

The move and a plan to raise dividends come after US hedge fund Elliott Management in October called for the South Korean firm to split itself into a holding vehicle and an operating company.