Samsung

Samsung Electronics CEO Kwon Oh-hyun to step down in March 2018

8 days ago   |   By VentureBeat

Samsung Electronics Co Ltd said on Friday its CEO and Vice Chairman Kwon Oh-hyun had decided to step down from management, as it forecast record third-quarter profits on the back of soaring memory chip prices.
The surprise resignation comes as Kwon was expected to take a bigger role following the arrest of Samsung Group scion and heir apparent Jay Y. Lee in February on bribery charges, and the departures of other key executives.
“I believe the time has come for the company to start anew with new sprit and young leadership to better respond to challenges,” Kwon, who is seen as Samsung Group...
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Samsung Electronics CEO Kwon Oh-hyun to resign as company faces ‘unprecedented crisis'

Samsung Electronics CEO Kwon Oh-hyun to resign as company faces ‘unprecedented crisis'

8 days ago   |   By 9to5Google

Kwon Oh-hyun announced in a statement today that he is stepping down as the CEO of Samsung Electronics and as head of the company's components business. In his statement, Kwon explained that his decision comes as Samsung faces an “unprecedented crisis.” more...
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