How we helped
After five years of declining revenue, and $77 million in EBIT losses due to settlements, a $700 million South Korean semiconductor manufacturer called AlixPartners.
AlixPartners developed and implemented IT tools to monitor costs and profitability across products, processes, and functions.
Through the transformation, we set up a project management office to drive execution of five core initiatives over 18 months, including operational cost savings, HR restructuring, non-performing business unit carve-outs, portfolio management improvements, and enhanced functional capabilities like cash management and FP&A.
These actions restored value to the company and reduced costs. The company’s market cap increased by 350%, restoring shareholder confidence without business disruption or negative publicity.