Samsung has appointed Roh Tae-moon as interim head of its consumer and smartphone unit following the passing of Han Jong-hee. With CEO Jun Young-hyun now solely leading the company, Samsung faces key challenges in its chip business and rising competition.
The change leaves newly appointed CEO Jun Young-hyun in full control as the tech giant navigates challenges in its semiconductor sector and increasing market competition.
A Samsung representative stated that no decision has been made regarding whether the company will retain its previous dual-CEO structure.
Roh, who has led Samsung’s mobile business since 2020, will now oversee the DX division, which includes the company’s TV, home appliance, and smartphone businesses. Samsung emphasized that the leadership transition aims to maintain stability within the DX unit.
Additionally, Samsung has appointed Choi Won-joon, former head of mobile R&D, to a new CEO position, while Kim Cheol-ji, formerly leading DX marketing, will now oversee the digital appliance business, including refrigerators and washing machines.
Nigeria has submitted a formal bid to host a Formula 1 Grand Prix, in what officials are calling a landmark effort to place the country on the global ...
Iran is grappling with a worsening water crisis, with more than 20 of its 31 provinces suffering from severe shortages that have left the capital Tehr...
Elon Musk’s satellite internet service Starlink faced a rare global outage on Thursday, affecting tens of thousands of users and prompting a swift r...
The International Criminal Court (ICC) has sentenced two former Anti-Balaka militia leaders from the Central African Republic to lengthy prison terms ...
At least 14 people were killed on the Thai side — including a soldier and a child — after a day of airstrikes and rocket fire between Thailand and...
Nigeria has submitted a formal bid to host a Formula 1 Grand Prix, in what officials are calling a landmark effort to place the country on the global motorsport map.
Iran is grappling with a worsening water crisis, with more than 20 of its 31 provinces suffering from severe shortages that have left the capital Tehran facing the risk of running dry.
Elon Musk’s satellite internet service Starlink faced a rare global outage on Thursday, affecting tens of thousands of users and prompting a swift response from Elon Musk’s SpaceX.
The International Criminal Court (ICC) has sentenced two former Anti-Balaka militia leaders from the Central African Republic to lengthy prison terms for war crimes and crimes against humanity.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
Saudi Arabia announced $6.4 billion of investments in Syria on Thursday, reflecting the kingdom's deepening ties with interim President Ahmed al-Sharaa's government as it seeks to rebuild Syria after a 14-year civil war.
The Central Bank of Azerbaijan has reduced the refinancing rate from 7.25% to 7%, the interest rate corridor floor from 6.25% to 6%, and the ceiling from 8.25% to 8%.
Inflation is when prices rise, reducing the purchasing power of your money. When it happens slowly, it’s manageable. But when it surges, it can disrupt savings, wages, business planning, and economic growth. That’s when central banks step in.
Spy cockroaches, tank-like AI robots, and battlefield drones are at the heart of Germany’s ambitious plan to reinvent warfare, as Europe ramps up defence spending in response to Russia’s invasion of Ukraine.
The announcement triggered a sharp rally in Japanese equity markets. Shares in major automakers surged: Toyota rose over 14%, Honda gained 11%, while Mazda and Subaru both advanced more than 17%. Japan’s Topix index closed up 3.2%. The yen weakened slightly, trading at ¥146.8 against the dollar.
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