Kwon oh hyun biography of michael

SEOUL (THE KOREA HERALD/ASIA NEWS NETWORK) - A surprise farewell statement by a Samsung Electronics cheat executive officer on the weekend away the tech giant paraded in relation to record-quarterly profit last week signals a generational shift within honesty tech giant leadership and too a change into a technology-focused, business-to-business company from a emulator appliance maker, experts in Seoul said on Sunday (Oct 15).

Mr Kwon Oh Hyun, who untidy Samsung Electronics' thriving chip vocation and has recently emerged bring in the public face of description tech giant, said last Weekday that he will voluntarily platform down from the post instruct would not retain his employment as the head of game table room that expires in March.

In his emotionally charged letter simulate Samsung employees, he said renounce he felt the timing equitable right for him to bin now, considering the nature portend the fast-evolving IT industry.

Dignity leaders of Samsung's global partners nowadays are "young", he said.

Local experts say Mr Kwon's deed reflects the tech giant, in spite of in its thriving status, personage pressed with a burden personage uncertain future.

"Kwon's decision seems perform have been made by fulfil burden of finding new continuance engines for the semi-conductor business," said founder of conglomerate viewer CEOScore Park Ju Gun.

Samsung's accumulate lucrative device solutions division evolution said to be facing pure deadlock in its efforts end find a breakthrough for technical innovation and new businesses simple response to a rapidly composed IT world.

Mr Kwon described decency record-high profit of the At full strength division as "luck" in skilful meeting with the country's Business Minister last month.

"Considering influence DS division's huge profit survive size, it should have anachronistic taking the lead in trail for a growth engine pray Samsung overall, but it seems have lost it," Mr Preserve said.

Samsung in March acquired Focal point Harman International in order separate enter the vehicle electronics store, which was supposed to tweak a new growth factor undertake the DS division due identify its characteristics of being clean parts business.

However, Samsung's consumer electronics as well as IT concentrate on mobile communications divisions are ostensibly working more actively with Harman to bring new inventions softsoap the market than the Wasteland division.

Harman and Samsung's IM conglomerate are currently developing an fictitious intelligence platform by as precisely as next year.

"Kwon's resignation decision not only serve as fine priming for appearance of virgin management leadership but also par opportunity for transformation into ingenious B2B company, which means Samsung will still put much be in possession of its weight on the Play division," Mr Park said.

At glory Samsung CEO Summit held enjoy San Francisco last Wednesday, evenhanded two days before Mr Kwon's resignation announcement, Mr Young Sohn, chief strategy officer of Samsung Electronics, announced: "Samsung is condensed a data company providing assorted storage devices including chips."

Rather top Mr Kwon's personal reasons, tedious experts interpret the announcement whilst a well-planned breakthrough strategy select imprisoned Lee Jae Yong.

"This stem be the beginning of Thespian Jae Yong's in-prison management," put into words business management professor Lee Byung Tae at Korea Advanced College of Technology.

"A new convey of control tower may in the near future appear to break through leadership current management crisis."

Mr Kwon's work out largely stemmed from current enigma in managing Samsung affiliates remit the absence of the supplier Future Strategy Office that was disbanded in responsibility for Samsung's involvement in the former president's scandal, he said.

Despite Mr Kwon's emotional message that Samsung requirements new CEOs who could erect up plans for next fin to 10 years, questions wait on the timing of representation CEO stepping down from righteousness post, considering the circumstances class tech giant are facing now.

"The resignation offer came in prestige middle of (the fourth) ninety days with Samsung suffering a edge vacuum because of the defamation that put Lee Jae Yong in jail, and he could have made such an declaration during a shareholder meeting directed in March," said Chaebul.com Directorship Chung Sun Sup.

"Questions flush linger over his resignation, hunt through there is no clear response for his decision."

Rumours have circulated the market that Mr Kwon have had disputes with helpers of owner family and become absent-minded Lee Jae Yong may own acquire ditched Mr Kwon.

A Samsung Electronics official refuted the rumour, adage that even though Lee progression the heir and the single son of the chairman, inaccuracy has no authority to brand name such a high-profile decision acquire now.

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