Maybe a change in leadership will reverse Samsung’s shrinking sales

Samsung’s days as the king of the smartphone market are numbered if it can’t reverse its shrinking sales. It’s obvious that the strategies that helped earn that position are no longer working, and the company’s leadership has either not adapted to the changing market, or changed in a way that does more harm than good, neither of which are going to make its sales numbers any better. That’s why Samsung has decided to change up the leadership of its mobile division, with Dongjin Koh now serving as the head of the division. Koh is responsible for developing the well-received Galaxy Note 5 and Galaxy S6 series, as well as leading Samsung’s mobile research and development department, so there’s a good chance that he’ll be able to turn things around.

As its smartphone sales continue to lag behind competitors, Samsung Electronics announced today that it will reshuffle the leadership of its mobile division. J.K. Shin will no longer be in control of its day-to-day operations and instead hand that responsibility over to Dongjin Koh. Before the change, Shin held the double-barreled title of head and president of Samsung Electronic’s mobile business. The president title has been handed over to Koh, who helmed the development of the well-received Galaxy S6 and Galaxy Note 5 series while serving as the head of Samsung Electronics’ mobile research and development department. Shin will stay on as head of mobile, which means he will focus on long-term strategy and potential growth opportunities, says Reuters. Samsung has lost its edge in worldwide smartphone sales over the last two years. In China, an important growth market for manufacturers, sales of Samsung handsets have fallen behind Apple, Xiaomi, and Huawei. Koh’s new appointment is part of a larger management change that started after Lee Jae Yong, the vice chairman of Samsung Group, began to assume more responsibilities after his father, Samsung Group chairman Lee Kun Hee, had a heart attack last year. In July, the younger Lee won a shareholder vote approving the $8 billion merger of two Samsung affiliate companies, Cheil Industries and Samsung C&T, which in turn gave him more power over Samsung Electronics.