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Samsung co-CEO Han Jong-Hee dies at 63

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Han Jong-Hee, co-CEO of Samsung Electronics, has passed away due to cardiac arrest at the age of 63. This development comes at a critical time for the company, as Han had previously warned of a challenging 2025 due to economic policy uncertainties in major markets. Han was responsible for Samsung's consumer electronics and mobile devices division, while Jun Young-hyun oversees the chip business.

    1. He played a pivotal role in taking Samsung's TV business to the pinnacle of the global market in 2006 and keeping it there ever since.
    2. His numerous other innovations enabled the company to continually demonstrate its technology leadership.
    1. There are some difficulties in doing semiconductor M&As due to regulatory issues and various national interests, but we're determined to produce some tangible results this year.
    2. First and foremost, I sincerely apologise for the recent stock performance not meeting your expectations. Over the past year, our company failed to adequately respond to the rapidly evolving AI semiconductor market.
Samsung co-CEO Han Jong-Hee dies at 63