Samsung reshuffles executives amidst chip market challenges | Infinium-tech
Samsung Electronics has made some changes to its leadership in an effort to become more competitive in the AI chip market. The company announced that it has promoted semiconductor chief Jun Young-hyun to co-CEO to better manage the memory chip business.
Han Jin-man, head of the US chip business, was promoted to head of the foundry business.
The reshuffle saw Samsung’s share price fall 3.4% as Reuters reports the changes are unlikely to “quiet concerns” that the company faces risks associated with US President-elect Donald Trump’s protectionist policies. How will she handle it?
Jong-hee (JH) Han, Vice Chairman, CEO and Head of Device Experience (DX) Division of Samsung Electronics
The Business Support Task Force kept its leader, Chung Hyun-ho, and some analysts argued that change was needed among the biggest decision makers like Chung, who is also the second-ranking leader behind Chairman Jay Y. Lee. President and CFO Park joins the Hark-Q team as Samsung has yet to name a new person for the top financial position.
Leave a Reply