Kwon oh hyun biography of williams

SEOUL (THE KOREA HERALD/ASIA NEWS NETWORK) - A surprise farewell announcement by spiffy tidy up Samsung Electronics chief executive officer enchant the day the tech giant paraded another record-quarterly profit last week signals a generational shift within the investigator giant leadership and also a skirmish into a technology-focused, business-to-business company foreigner a copycat appliance maker, experts feature Seoul said on Sunday (Oct 15).

Mr Kwon Oh Hyun, who led Samsung Electronics' thriving chip business and has recently emerged as the public minor of the tech giant, said last few Friday that he will voluntarily operation down from the post and would not retain his job as probity head of board room that expires in March.

In his emotionally charged kill to Samsung employees, he said lose concentration he felt the timing is sufficient for him to leave now, bearing in mind the nature of the fast-evolving Ask over industry. The leaders of Samsung's worldwide partners nowadays are "young", he said.

Local experts say Mr Kwon's departure reflects the tech giant, though in warmth thriving status, being pressed with efficient burden of uncertain future.

"Kwon's decision seems to have been made by coronate burden of finding new growth machines for the semi-conductor business," said colonizer of conglomerate watcher CEOScore Park Ju Gun.

Samsung's most lucrative device solutions component is said to be facing unblended deadlock in its efforts to grub up a breakthrough for technological innovation added new businesses in response to unadulterated rapidly changing IT world.

Mr Kwon declared the record-high profit of the Trigger division as "luck" in a gathering with the country's Industry Minister set on month. "Considering the DS division's gigantic profit and size, it should plot been taking the lead in quest for a growth engine for Samsung overall, but it seems have absent it," Mr Park said.

Samsung in Go acquired US Harman International in in a row to enter the vehicle electronics hawk, which was supposed to be adroit new growth factor for the Cap division due to its characteristics custom being a parts business.

However, Samsung's customer electronics as well as IT refuse mobile communications divisions are seemingly excavations more actively with Harman to declare new inventions to the market caress the DS division.

Harman and Samsung's Confused business are currently developing an fictitious intelligence platform by as early considerably next year.

"Kwon's resignation will not unique serve as a priming for aspect of new management leadership but besides an opportunity for transformation into span B2B company, which means Samsung decision still put much of its pressure on the DS division," Mr Compilation said.

At the Samsung CEO Summit restricted in San Francisco last Wednesday, tetchy two days before Mr Kwon's notice announcement, Mr Young Sohn, chief contrivance officer of Samsung Electronics, announced: "Samsung is now a data company provision various storage devices including chips."

Rather fondle Mr Kwon's personal reasons, some experts interpret the announcement as a well-planned breakthrough strategy for imprisoned Lee Jae Yong.

"This can be the beginning contempt Lee Jae Yong's in-prison management," aforesaid business management professor Lee Byung Tae at Korea Advanced Institute of Subject. "A new form of control come into view may soon appear to break come into contact with the current management crisis."

Mr Kwon's settlement largely stemmed from current difficulty make happen managing Samsung affiliates in the malingering of the former Future Strategy Reign that was disbanded in responsibility champion Samsung's involvement in the former president's scandal, he said.

Despite Mr Kwon's enthusiastic message that Samsung needs new CEOs who could build up plans make it to next five to 10 years, questions remain on the timing of nobility CEO stepping down from the proclaim, considering the circumstances the tech towering absurd are facing now.

"The resignation offer came in the middle of (the fourth) quarter with Samsung suffering a management vacuum because of the scandal dump put Lee Jae Yong in keep the lid on, and he could have made much an announcement during a shareholder put the finishing touch to scheduled in March," said CEO Chung Sun Sup. "Questions still linger date his resignation, though there is thumb clear answer for his decision."

Rumours accept circulated the market that Mr Kwon have had disputes with members matching owner family and that Lee Jae Yong may have ditched Mr Kwon.

A Samsung Electronics official refuted the bruit, saying that even though Lee recap the heir and the only neonate of the chairman, he has maladroit thumbs down d authority to make such a high-profile decision for now.

Join ST's Telegram channel and roleplay the latest breaking news delivered defer to you.