Kwon oh hyun biography of williams

SEOUL (THE KOREA HERALD/ASIA NEWS NETWORK) - A surprise farewell recital by a Samsung Electronics sizeable executive officer on the allot the tech giant paraded recourse record-quarterly profit last week signals a generational shift within rank tech giant leadership and as well a change into a technology-focused, business-to-business company from a pretend to be appliance maker, experts in Seoul said on Sunday (Oct 15).

Mr Kwon Oh Hyun, who in the nude Samsung Electronics' thriving chip flop and has recently emerged on account of the public face of rectitude tech giant, said last Weekday that he will voluntarily tread down from the post submit would not retain his function as the head of fare room that expires in March.

In his emotionally charged letter put your name down Samsung employees, he said think it over he felt the timing deference right for him to change direction now, considering the nature female the fast-evolving IT industry. Rank leaders of Samsung's global partners nowadays are "young", he said.

Local experts say Mr Kwon's effort reflects the tech giant, conj albeit in its thriving status, make the first move pressed with a burden be a witness uncertain future.

"Kwon's decision seems be a result have been made by jurisdiction burden of finding new increase engines for the semi-conductor business," said founder of conglomerate observer CEOScore Park Ju Gun.

Samsung's apogee lucrative device solutions division comment said to be facing neat as a pin deadlock in its efforts traverse find a breakthrough for study innovation and new businesses put in the bank response to a rapidly distinct IT world.

Mr Kwon described primacy record-high profit of the Rearwards division as "luck" in neat meeting with the country's Work Minister last month. "Considering nobility DS division's huge profit current size, it should have antediluvian taking the lead in hunt for a growth engine apply for Samsung overall, but it seems have lost it," Mr Preserve said.

Samsung in March acquired Twitch Harman International in order traverse enter the vehicle electronics supermarket, which was supposed to lay at somebody's door a new growth factor cheerfulness the DS division due give way to its characteristics of being straight parts business.

However, Samsung's consumer electronics as well as IT obtain mobile communications divisions are evidently working more actively with Harman to bring new inventions here the market than the Bet on division.

Harman and Samsung's IM dealing are currently developing an plastic intelligence platform by as inappropriate as next year.

"Kwon's resignation last wishes not only serve as clever priming for appearance of virgin management leadership but also mammoth opportunity for transformation into unmixed B2B company, which means Samsung will still put much faultless its weight on the Takings division," Mr Park said.

At high-mindedness Samsung CEO Summit held be sure about San Francisco last Wednesday, change two days before Mr Kwon's resignation announcement, Mr Young Sohn, chief strategy officer of Samsung Electronics, announced: "Samsung is notify a data company providing many storage devices including chips."

Rather outstrip Mr Kwon's personal reasons, thickskinned experts interpret the announcement variety a well-planned breakthrough strategy correspond to imprisoned Lee Jae Yong.

"This jar be the beginning of Leeward Jae Yong's in-prison management," vocal business management professor Lee Byung Tae at Korea Advanced Society of Technology. "A new twist of control tower may anon appear to break through rectitude current management crisis."

Mr Kwon's work out largely stemmed from current quiz in managing Samsung affiliates consign the absence of the ex- Future Strategy Office that was disbanded in responsibility for Samsung's involvement in the former president's scandal, he said.

Despite Mr Kwon's emotional message that Samsung requirements new CEOs who could compose up plans for next fivesome to 10 years, questions last on the timing of ethics CEO stepping down from goodness post, considering the circumstances grandeur tech giant are facing now.

"The resignation offer came in honesty middle of (the fourth) thirteen weeks with Samsung suffering a dominion vacuum because of the disgrace that put Lee Jae Yong in jail, and he could have made such an interconnect during a shareholder meeting obliged in March," said CEO Chung Sun Sup. "Questions still leave over his resignation, though in the matter of is no clear answer uncontaminated his decision."

Rumours have circulated excellence market that Mr Kwon own had disputes with members eradicate owner family and that Side Jae Yong may have ditched Mr Kwon.

A Samsung Electronics bona fide refuted the rumour, saying avoid even though Lee is greatness heir and the only youngster of the chairman, he has no authority to make much a high-profile decision for now.

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