Samsung Electronics says it has decided not to change into a holding company.

Thursday's decision puts to rest months of review on the issue.

Samsung executives say a holding company structure would not particularly strengthen its overall business competitiveness and could dilute its managerial capacity.

They say a transitioning to a holding company would not have been easy to accomplish unilaterally, as it would require shareholder and board support.

Samsung also cited various legal complications that make a conversion unfavorable at this time.