Samsung Orders its Employees, Suppliers not to Divulge its Plans

By Abdul Muqeet, | October 19, 2016

Samsung is reportedly ensuring that its future plans are not leaked to the public.

Samsung is reportedly ensuring that its future plans are not leaked to the public.

According to many sources, Samsung has issued a gag order to its employees, partners and suppliers in a bid to increase the security within the company. Samsung has allegedly asked its employees to remain extra cautious of any leaks or rumors of its confidential business information.

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This move comes on the heels of a very turbulent past few weeks for Samsung.  The company has reportedly lost an estimated $5.5 billion due to the recall of the Galaxy Note 7 model.

It is not a surprise that Samsung is taking steps to maintain its integrity. Any damages now to the company could have ramifications that will be difficult to reverse and will pose a greater threat to the existence of the company.

Since Samsung was unable to resolve the controversies and issues about the Note 7, the company is looking at other ways to regain the trust of customers.

An official from one of Samsung's parts suppliers told The Investor anonymously that Samsung, which runs its business on the principle of micromanaging its partnership deals with suppliers, is making efforts to prevent leaks on its upcoming smartphones.

"Samsung has notified its suppliers not to mention a single word on the Galaxy S8," the official added. Samsung would launch its next flagship phone in February next year.

Although Samsung signs NDA's (Non-Disclosure Agreements) with its suppliers before working with them, the company is looking to shuffle between between manufacturers for supply of electronic parts.

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