Samsung Electronics announced on the 17th that semiconductor department (DS) executives held an emergency meeting and decided to freeze the salaries of executives below the president。This is the first time the company has frozen executive pay since 2015.。Samsung Electronics explained: "Management and executives have reached a consensus that there is an urgent need to take special measures and lead by example to deal with the deteriorating business performance."。Samsung Electronics DS division accumulated a loss of more than 12 trillion won in the third quarter of last year。Industry expects cumulative operating loss of about 13 trillion won last year, record loss。