Samsung's IT dilemma gets worse after co-CEO's death
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Tuesday’s cardiac arrest death of the chairman of Samsung devices’ smartphone and consumer devices division rocked the South Korean tech behemoth during a downward financial trajectory that executives have referred to as a crisis.
In December 2021, Jong-Hee Han, then sixty-three, was named co-CEO of Samsung Electronics. The company’s other CEO is in charge of the division that produces semiconductors and other technological components.
Han has no direct successor identified. Han’s passing was verified by a Samsung spokesperson. “Our deepest condolences are with his family and loved ones during this difficult time,” said the business.
From televisions to washing machines to smartphones, Samsung manufactures a wide range of electronic devices and appliances. It also supplies other IT companies with a lot of components. However, as artificial intelligence has exploded in the tech sector, the Suwon, South Korea-based corporation has faltered in recent years.
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