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.
The Saudi-led coalition said early Thursday that it intercepted and destroyed a drone over Saudi Arabia’s...
Türkiye says talks with Washington are continuing over six F-35 fighter jets it purchased but never received, as Ankara pushes for the lifting...
Ukraine is set to restart attacks on Russian oil refineries following a two-day pause, President Volodymyr Zelenskyy said, amid growing tensions wi...
Yemen’s Houthis have claimed responsibility for the recent drone and missile strikes on Saudi Aramco facilities in Dhahran and Riyadh and at King Khalid International Airport in Saudi Arabia, vowing to carry out more attacks in the coming days.
The Saudi-led coalition said early Thursday that it intercepted and destroyed a drone over Saudi Arabia’s Eastern Province.
The Saudi-led coalition in Yemen said late Monday that it intercepted and destroyed two ballistic missiles launched by the Houthi group toward Khamis Mushait in southwestern Saudi Arabia.
Ukrainian President Volodymyr Zelenskyy says Russia hit at least six energy targets in deadly strikes across Ukraine, showing Moscow is unwilling to accept the energy ceasefire announced by U.S. President Donald Trump.
Ukraine's soldiers have had their access to Starlink satellite internet restricted. Kyiv's troops use the terminals, made by Elon Musk's SpaceX, to pilot drones. A source in Ukraine's Defence Ministry said the restrictions would make it harder for Kyiv's army to down Russian drones.
U.S. President Donald Trump has lifted sanctions on Russian diesel exports and announced a Russia-Ukraine energy ceasefire aimed at easing fuel prices ahead of November’s midterm elections. But can Moscow deliver and will the move will bring meaningful relief to markets?
Taiwan plans to buy 30 per cent of Alaska LNG's annual output and invest up to $4.4 billion in the project, but binding contracts and financing remain unresolved as the U.S. pushes to expand energy exports to Asia.
Asian stocks plunged to their lowest level in more than two months on Tuesday as advances by Chinese chipmakers rattled investor confidence in the artificial intelligence boom, despite soaring global semiconductor sales.
Artificial intelligence investment is helping sustain global growth at around 3 per cent, with Asia poised to reap major benefits. But soaring energy costs, unequal investment and growing pressure on young workers threaten to leave some economies behind.
Uzbekistan and Russia have a portfolio of more than 200 joint projects worth almost $6 billion, as the two countries continue to expand regional and business ties. The projects were discussed during the third meeting of the Council of Regions of Russia and Uzbekistan, held in Fergana, Uzbekistan.
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