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Samsung to start discovering new businesses or… Recruitment of M&A experts from the US

◆ Samsung Electronics 1Q Results ◆

Samsung Electronics is hiring an American semiconductor M&A expert.

On the 27th (local time), Bloomberg reported that Samsung Electronics had hired Mako Chisari (pictured), an investment expert in the semiconductor field of Bank of America (BoA). Since 2018, Chisari has served as a managing director and head of global semiconductor investment at Merrill Lynch under the BoA Group. In the semiconductor industry, he is known as a representative M&A expert.

After joining Samsung Electronics, Chisari is expected to be in charge of the Samsung Strategic Innovation Center (SSIC) in Silicon Valley, USA. As former president Son Young-kwon, who was in charge of SSIC, retired at the end of 2020, the current center director remains vacant.

SSIC is in charge of Samsung Electronics’ new business discovery and M&A, and serves as a strategic base for drawing up a blueprint for Samsung’s future. However, regarding the recruitment of Chisari, Samsung Electronics responded, “Nothing has been confirmed yet.” Earlier this month, Samsung Electronics recruited supercomputer expert Robert Wisnyevsky, who had worked with IBM and Intel, as vice president. Vice President Visnyevsky is leading the System Architecture Research Center in the US under the Samsung Advanced Institute of Technology.

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