5 days ago
Samsung has suffered a major loss with the passing of Jong-Hee Han, one of its co-CEOs, at the age of 63 due to a heart attack. The news was reported by Reuters and CNBC, marking a significant moment for the tech giant.
Han’s journey with Samsung began in 1988, and over the years, he played a crucial role in shaping the company’s success. In 2011, he became the head of product research and development for visual displays, later leading Samsung’s TV division. Under his leadership, Samsung dominated global TV sales for 15 consecutive years.
In 2021, Han was appointed as the head of Samsung DX—the company’s merged mobile and consumer electronics division. The following year, he was named Vice Chairman and CEO. Despite lacking prior experience in mobile technology, he successfully took charge of the DX division, solidifying Samsung’s position as a market leader.
Just a week before his passing, Han hosted Samsung’s annual general shareholders meeting, where he addressed concerns about the company’s stock performance. He publicly apologized to investors, admitting that Samsung had "failed to adequately respond to the rapidly evolving AI semiconductor market."
Han also acknowledged challenges in mergers and acquisitions within the semiconductor industry*, citing regulatory hurdles. However, he reassured shareholders that Samsung was committed to achieving significant results in 2025.
Following Han’s passing, his co-CEO Young-Hyun Jun has now become the sole CEO of Samsung. Jun, who has been leading Samsung’s **semiconductor business, was appointed as *co-CEO in November 2024.
At this time, Samsung has not disclosed whether it will appoint another CEO to replace Han. His death marks a significant shift in the company’s leadership, as Samsung navigates the rapidly evolving tech and semiconductor landscape.
Jong-Hee Han’s contributions to Samsung’s TV dominance, consumer electronics, and mobile divisions leave behind a lasting legacy. As the company moves forward under Young-Hyun Jun, the tech industry will be watching closely to see how Samsung adapts to AI, semiconductor advancements, and global market challenges.
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