Sudden Loss for Samsung: Co-CEO Han Jong-hee Passes Away
Samsung Electronics, the South Korean tech giant, has announced the sudden passing of its co-CEO, Han Jong-hee. He was 63. Han died of a heart attack, leaving the company to navigate a significant change in leadership.
Han Jong-hee was a key figure at Samsung, particularly in the TV business. He started working with the company in 1988, beginning in the TV research and development team. Over the years, he rose through the ranks, becoming CEO in 2022. In addition to overseeing the TV division, Han was also responsible for the home appliance and mobile businesses.
With Han’s passing, Jun Young-hyun will now take on the role of sole CEO. Jun was appointed co-CEO just last November and is in charge of the memory chip business. This change comes at a critical time for Samsung, as the company faces intense competition in the semiconductor market, particularly with the rise of AI.
The shift in leadership is significant, and the industry will be watching closely to see how Samsung adapts to this new landscape. As the company moves forward, it will be interesting to see how Jun Young-hyun navigates the challenges ahead, including the increasingly competitive semiconductor market and the growing importance of AI.
Source: CNBC