In the wake of increased competition from Motorola and Nokia in particular, Samsung
is reportedly "restructuring
its handset division," which will aim to find "new sources of revenue, realigning businesses, and cut costs." As expected, the move will also involve a number of "personnel reshuffles," but a Samsung spokesman was quoted as saying that there won't be any "forceful" job cuts. Interestingly, we're hearing further details that the firm is indeed courting the idea of partnering with "luxury name brands such as Italian fashion house Armani
to develop premium brand phones," and considering just how hot
have been of late
, we certainly don't think that's a bad idea.