Samsung’s mobile chief retains position despite plummeting sales

TECHi's Author Chastity Mansfield
Opposing Author Online Read Source Article
Last Updated
TECHi's Take
Chastity Mansfield
Chastity Mansfield
  • Words 87
  • Estimated Read 1 min

With rumors swirling about the fate of mobile head J.K. Shin, Samsung has announced that he would keep his job after all. Reports suggested that Shin may be replaced by consumer electronics chief B.K. Yoon in light of weak smartphone sales. Samsung’s top money-making models, the Galaxy S5 and Note 4, have met with a tepid market reception stateside despite design overhauls, causing Samsung’s profits to fall off the map. The company is also battling tough rivals in China like Huawei, Xiaomi, and Lenovo.

Online

Online

  • Words 190
  • Estimated Read 1 min
Read Article

Samsung Group announced annual management changes at its business units on Monday but said top executives at its flagship unit, Samsung Electronics Co., will remain in their current positions as the company seeks to reverse recent profit declines. Samsung Electronics’ mobile business head, J.K. Shin, the chief of the company’s consumer electronics unit, B.K. Yoon, and the current chief executive for the component business, Kwon Oh-hyun, will all maintain their positions, Samsung said. But D.J. Lee, one of Mr. Shin’s top lieutenants as president and head of sales and marketing at the company’s mobile unit, is leaving his current position, people familiar with the matter said Monday, taking responsibility for lackluster smartphone sales. It wasn’t immediately clear who would replace Mr. Lee. When contacted by phone, Mr. Lee declined to comment. The departure of Mr. Lee would remove one of the mobile division’s few public figures. When Samsung unveiled its new Galaxy Note 4 smartphone during the IFA trade show in Berlin in September, it was Mr. Lee, 58 years old, who took the stage instead of Mr. Shin to showcase the new device.

Source

NOTE: TECHi Two-Takes are the stories we have chosen from the web along with a little bit of our opinion in a paragraph. Please check the original story in the Source Button below.

Balanced Perspective

TECHi weighs both sides before reaching a conclusion.

TECHi’s editorial take above outlines the reasoning that supports this position.

More Two Takes from Wall Street Journal

AI Medical Scribe Startup Abridge Achieves $5.3 Billion Valuation in Latest Funding Round
AI Medical Scribe Startup Abridge Achieves $5.3 Billion Valuation in Latest Funding Round

Abridge's 93% valuation jump in four months tells us that something bigger than typical startup growth is cooking. It's a…

The man leading Apple’s electric vehicle project is leaving the company
The man leading Apple’s electric vehicle project is leaving the company

The man that was leading Apple's ultra-secret electric vehicle project has decided to leave the company, according to the Wall…

AT&T’s CEO claims corporations have no say in the encryption debate
AT&T’s CEO claims corporations have no say in the encryption debate

When it comes to respecting the privacy of its users and rejecting profligate government surveillance, few companies have as bad…

Apple made more than $20 billion from the App Store last year
Apple made more than $20 billion from the App Store last year

Whenever you hear about the ridiculous amounts of money that mobile games like Candy Crush Sage and Clash of Clans make,…