Samsung today made sweeping changes to its leadership. The news comes several weeks after Kwon Oh-hyun, CEO and Vice President of Samsung Electronics Corp., announced plans to step down from his leadership role with the company. Samsung...Show More Summary
Samsung said it would replace its division heads and separate the role of CEO and board chairman for the first time.
In the year since the Galaxy Note 7 debacle, Samsung has had to work hard to get its business back on track. However, thanks to devices like the Galaxy S8 and the recent Galaxy Note 8 along with thriving component sales, the company is now forecasting record profits, eclipsing even those of its biggest rival, Apple. More »
Samsung Electronics CEO Kwon Oh-Hyun To Step Down: More on the difficulties of finding low risk, high reward strategies in business these days, and the challenge of finding new ideas: Samsung Electronics Co Ltd said on Friday its CEO...Show More Summary
Samsung's preliminary results for Q3 2017 predicts an operating profit of $12.81 billion. Despite that record-setting performance, their CEO is also deciding to announce his retirement.
With the head of Samsung Group facing prison time, CEO calls for company to "start anew."
Kwon Oh-hyun, CEO and Vice President of Samsung Electronics Corp., today announced plans to step down from his leadership role with the company. "As we are confronted with unprecedented crisis inside out, I believe that time has nowShow More Summary
The head of Samsung Electronics’ components business plans to resign, in a surprise move as the departing leader acknowledged the firm faces an “unprecedented crisis” and is struggling to find new growth prospects.
(Reuters) — 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 […]
Samsung forecasts an operating profit of $12.8 billion in Q3 2017. Samsung Electronics is losing a CEO, but the company itself is riding a high. In its earnings guidance for the third quarter, Samsung says it recorded operating profit...Show More Summary
Longtime Apple "frenemy" Samsung Electronics on Friday local time said CEO and Vice Chairman Kwon Oh-hyun will resign from management effective March 2018. The surprise announcement comes as the South Korean tech giant forecasts record-breaking quarterly profits on the back of strong memory chip gains.
Samsung Electronics, the flagship business of the South Korean mega-conglomerate and the second largest tech company on the planet, has just lost its CEO and vice chairman Kwon Oh-hyun today, as he announced his decision to step down. Show More Summary
Co-vice chairman will leave company management next year, amid an "unprecedented crisis."
Samsung Electronics' CEO Kwon Oh-hyun will be resigning in March 2018, and a replacement for his position has yet to be announced. Samsung is one of the most recognized electronics companies in the world, and in the Android space, it's Galaxy S and Note series are two of the most popular on the entire market. Show More Summary
After last year’s fiasco, Samsung is back with a new version of its top-of-the-line phone—and stresses that the Note faithful remain loyal to the brand. When I met rececently with Tim Baxter, the CEO of Samsung Electronics North America,...Show More Summary
Samsung Electronics Co Ltd (005930.KS) Chief Executive Kwon Oh-hyun on Tuesday said the South Korean tech giant must improve, as it reels from the costly withdrawal of its Galaxy Note 7 smartphone. Without referring directly to the failure...Show More Summary
Loyalists are only grudgingly returning their recalled devices. The majority of Samsung customers returning their Galaxy Note 7 phones are opting for another model from the Korean electronics giant, according to Sprint CEO Marcelo Claure. “Most...Show More Summary
Samsung Electronics Co., Ltd. today announced that it has agreed to acquire Viv Labs, Inc., the intelligent interface to everything. Viv has developed a unique, open artificial intelligence (AI) platform that gives third-party developers...Show More Summary
A short while ago I spoke with HP’s (HPQ) chief executive Dion Wiesler, and his CFO Cathie Lesjak and printing and personal systems general manager Enrique Lores, regarding today’s announced acquisition of Samsung Electronics‘s (005930KS) printing division. The Street likes this, with HP shares today up 49 cents, or 3.5%, at $14.44. But so far, it’s […]
HP Inc. (HPQ) early this morning announced it will spend $1.05 billion to acquire the printer unit of Samsung Electronics (005930KS), bringing expertise that can help it storm the printer market. HP CEO Dion Weisler has set a goal of expanding HP’s printer business into the so-called “A3” market, which is the market for office copiers, which […]