Samsung cleans up your organization

The time has come for a change at Samsung. The South Korean giant announced on Tuesday the merger of its consumer electronics and mobile divisions into a single entity, which will now be headed by a single CEO.

The new entity, now called Set Division, will be headed by JH Han, who will be promoted to CEO of this unit. As a reminder, Samsung previously had a CEO for each of its consumer and mobile business units. In his new role, JH Han will be responsible for overseeing Samsung’s activities in smartphones, televisions and home appliances, the Asian giant said.

Samsung justifies the hiring of JH Han for these new functions, recalling that the latter had played an important role in the leadership of the conglomerate in the television sector, and that it would be “destined to strengthen the synergies between the different activities of the Set division and help to promote new businesses and technology ”.

New appointments to be announced shortly

The group did not stop there. At the same time, he appointed a new CEO for his lucrative semiconductor division. It will now be chaired by Kyehyun Kyung, formerly CEO of Samsung Electro-Mechanics, Samsung’s components arm. Prior to this appointment, Kyehyun Kyung had held key positions in the company’s DRAM and NAND memory chip business. The division’s outgoing CEO, Kinam Kim, will become the new president of the Samsung Institute for Advanced Technology.

Other chip division executives who have been promoted to key positions include Inyup Kang, formerly president of Samsung’s logic unit, who now heads the North American semiconductor unit, and Yongin Park, who will replace Kang as president.

Inyup Kang’s appointment as head of the North American semiconductor unit follows Samsung’s announcement last month that it intends to spend around $ 17 billion in the United States to build a new semiconductor manufacturing plant. to produce advanced logic chips. Samsung is expected to announce further downstream CEO and chairman reshuffles in a few days.

Source: .com

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