Samsung Electronics is undergoing a significant business restructuring, marking its withdrawal from the light-emitting diode (LED) sector due to underperformance. The company aims to refocus on more promising areas like power semiconductors and Micro LED technology, which are essential for applications in electric vehicles and consumer electronics. Despite a 17.2% year-on-year sales increase, Samsung’s recent quarterly results fell short of market expectations, prompting this strategic shift. The semiconductor division, crucial to South Korea’s economy, is contending with competitive challenges and delays in its U.S. wafer foundry project, further complicating its market position against rivals like TSMC. Samsung’s efforts to strengthen its core semiconductor business highlight its ongoing adaptation to an evolving industry landscape.