Samsung’s mobile and consumer electronic divisions merge into one in exec reshuffle

Samsung mentioned on Tuesday it has merged its mobile and client electronic divisions into one


Samsung mentioned on Tuesday it has merged its mobile and client electronic divisions into one particular, with the recently established division to be led by a one CEO.

The merged enterprise unit, now called Established Division, will be led by JH Han, who was promoted to the CEO publish for the unit. Beforehand, Samsung experienced individual CEOs for just about every of its cell and customer small business models.

In the new CEO placement, Han will be responsible for overseeing Samsung’s smartphone, Tv set, and property equipment functions, Samsung reported.

Samsung mentioned Han has played a big purpose in the conglomerate’s leadership in the Tv sector, and that he would be “expected to bolster the synergies amongst the various firms in the Set Division and assist generate new organizations and systems.”

Meanwhile, the South Korean tech large also named a new CEO for its worthwhile semiconductor division. The division will now be led by new CEO Kyehyun Kyung, who was previously the CEO of Samsung Electro-Mechanics, the elements arm of Samsung. Prior to the latest appointment, Kyung experienced held critical positions in the company’s DRAM and NAND memory chip functions.

Outgoing CEO Kinam Kim for the division, in the meantime, will turn out to be the new chairman for Samsung’s Sophisticated Institute of Technological innovation.

Other chip executives that obtained promotions to key positions are Inyup Kang, formerly the president of Samsung’s logic business device, who is now the North American head of the semiconductor business enterprise unit, and Yongin Park, who will acquire on Kang’s president mantle. 

Kang’s appointment to lead the North American semiconductor organization follows Samsung saying previous thirty day period it would shell out an believed $17 billion in the US to build a new semiconductor production facility to generate state-of-the-art logic chips.

Samsung is expected to announce even further reshuffles for executives underneath the CEO and president concentrations in a couple of times.

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