amsung Electronics announced on Tuesday that co-CEO Han Jong-hee had passed away due to a heart attack, leaving newly appointed CEO Jun Young-hyun in sole charge of the company. Han, 63, had led Samsung since 2022 and was responsible for its consumer electronics and mobile devices division.
Jun, who was appointed co-CEO just last week following his promotion to head Samsung's semiconductor division in 2024, will now take over as the sole CEO of the company. This transition comes as Samsung faces challenges in its semiconductor business, particularly in the global artificial intelligence (AI) chip market, where it lags behind competitors like SK Hynix and TSMC.
Han's sudden passing could have a significant impact on Samsung's strategy, particularly in its marketing and global business efforts. Having joined the company nearly 40 years ago, Han was instrumental in building Samsung’s TV business into a global powerhouse. Analysts note that his absence might also affect Samsung’s home appliance division, which faces ongoing challenges related to tariffs and trade tensions.
At the company's recent shareholder meeting, Han acknowledged that 2025 would be a difficult year and assured investors that Samsung would adapt to challenges posed by U.S. tariffs and the evolving global market. Samsung has struggled to capitalize on the booming AI market, leading to one of the worst-performing tech stocks of the past year. Han had apologized for the company's failure to respond adequately to the demands of the AI semiconductor market.
Han was scheduled to attend the launch event for new home appliances on Wednesday but was unable to attend due to his sudden passing. Samsung has not yet named a successor to Han's position, and the company is focused on navigating its current challenges, including a push into the automotive electronics sector to drive future growth.
In the wake of Han's death, attention has also turned to Samsung’s chairman, Jay Y. Lee, who is currently in China attending the China Development Forum. Lee has faced ongoing legal battles but was recently cleared of charges related to his succession of the family-owned conglomerate.
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Saudi civil defence sent an all-clear on Saturday after issuing alerts for a second time for potential danger in Riyadh and the city of Al-Kharj east of the capital, amid an uptick in attacks by Iran-aligned Houthis on the Gulf country.
Houthi attacks target Riyadh amid concerns over Saudi oil supplies, as Iran says it will not reopen the Strait of Hormuz until its conditions are met and U.S. commitments are implemented, parliament speaker Mohammad Bagher Ghalibaf said on Sunday.
The U.S. State Department approved a $2.7 billion military sale to Ukraine for air-defence development upgrades, along with related equipment and services, the department said. Meanwhile, Ukrainian authorities reported at least 10 people had died in Russian attacks over the last 24 hours.
The death toll from an overnight Russian attack on the Kyiv region rose to four, including three children, Kyiv regional authorities said on Sunday. A mother and her two 3-year-old children were killed when a Russian drone strike hit a private home, the emergency service said.
Russian authorities have reported attacks on voting systems and communication lines as the country’s parliamentary election entered its second day on Saturday (19 September).
The Left Party won Sunday's Berlin state election with 25.5 per cent of the vote in the preliminary result, ahead of the Christian Democrats (CDU) on 19.1 per cent. This marks a major shift in the city's political landscape and a setback for Chancellor Friedrich Merz's ruling coalition.
A group of French nationals, suspected of belonging to the Islamic State (IS), on trial in Iraq could face execution, a member of Iraq’s Supreme Judicial Council told a hearing in Baghdad on Sunday.
Overnight Russian strikes on the city of Sumy, northeast Ukraine, have killed one woman and injured a man, the country's State Emergency Service has said.
The administration of U.S. President Donald Trump has prepared sanctions targeting the entire International Criminal Court (ICC) and could announce them soon, escalating Washington's efforts to pressure the global tribunal.
French President Emmanuel Macron and Canadian Prime Minister Mark Carney pledged closer ties on Sunday as they sought to strengthen cooperation on geopolitical tensions, climate change, energy and the protection of democratic values.
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