Samsung has closed its regional headquarters in Singapore, London and New York, as the main Korean conglomerates - or chaebols, came to a joint deal to reallocate the country's failing resources.
Samsung's moves may be only the start. At press time, it was still unable o confirm or deny that it would shut down UK operations, including axing any jobs at its Teesside plant in north east England.
Last week the extremely influential Federation of Korean Industries divvied up their pains and gains and Samsung agreed to defocus on semiconductors but move into cars.
That was formerly the province of Hyundai and Daewoo, but could signal the massive companies spreading their opportunities and risks across a broad chaebol board.
Cotton seedling freezes to death as Chang'e-4 shuts down for the Moon's 14-day lunar night
Fortnite easily out-earns PUBG, Assassin's Creed Odyssey and Red Dead Redemption 2 in 2018
Meteor showers as a service will be visible for about 100 kilometres in all directions
Saturn's rings only formed in the past 100 million years, suggests analysis of Cassini space probe data
New findings contradict conventional belief that Saturn's rings were formed along with the planet about 4.5 billion years ago