The COVID-19 pandemic has been plaguing societies since the beginning of this year. The virus which started in China is now in Europe, North America and everywhere. The global economy is suffering serious damage and the smartphone business isn’t an exception. We saw smartphone shipments decreasing more than 30M in February. The main reason? Many factories stopped operations in order to prevent their workers from getting infected with COVID-19. Samsung is one of the companies to suffer from the outbreak. Still, the company now expects to hire a record number of well-trained workers for its Device Solutions Division.
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Samsung’s DS division includes the company’s memory chip, system LSI, and foundry business. The division will hire experienced workers in 51-career fields. The South Korean tech firm usually employs experienced workers for these businesses on an occasional basis whenever there is a need for manpower. However, the situation is different this time, and the company might hire workers for the whole division. This basically means that the Korean firm will offer jobs at a record number.
According to the latest survey on South Korea’s top 500 firms by sales with a workforce of 300 or more by Korea Economic Research Institute (KERI), one-fourth of these companies will cut back on their hiring. According to insiders from the Industry, Samsung wants to make use of this situation by creating a win-win scenario for itself and the jobless people.