Samsung announces new leadership, emphasizing its core semiconductor business of memory chips and processors.
Samsung Electronics has announced a major leadership change. According to Samsung’s press release, « The new leadership is designed to strengthen Samsung’s future competitiveness, focusing on the semiconductor business. » This clearly indicates that Samsung is setting its sights on emerging technologies like artificial intelligence and autonomous vehicles, both of which rely heavily on powerful chipsets.
Young Hyun Jun, who previously served as Vice Chairman and Head of Device Solutions (DS) Division, has been named the new CEO.
