Samsung Electronics Appoints New CEO to Drive Growth and Innovation

President and Head of Consumer Electronics Division, Han Jong-hee, Prompted to Lead Company

Samsung Electronics has announced the appointment of Han Jong-hee as its new CEO and President, effective March 1, 2023. Han will succeed Kim Ki-nam, who has held the position since 2018. As the former head of Samsung's Consumer Electronics Division, Han is widely recognized for his leadership in driving the company's growth and innovation in the mobile, TV, and home appliance businesses.

Han's Vision for Samsung

In his new role, Han is expected to steer Samsung Electronics through the next phase of its evolution. He has outlined his vision for the company, which includes:

• Accelerating innovation in key areas such as artificial intelligence, 5G, and semiconductors
• Strengthening the company's leadership in the global electronics market
• Creating a more sustainable and socially responsible organization

Proven Track Record

Han brings a wealth of experience to his new role. Prior to leading the Consumer Electronics Division, he held various executive positions within Samsung, including Head of the Visual Display Business and President of Samsung Display.

Under Han's leadership, Samsung has launched several successful products, including the Galaxy S series of smartphones, the QLED TV line, and the Bespoke home appliance collection. He is also credited with driving the company's expansion into new markets and strengthening its partnerships with global technology leaders.

Challenges Ahead

Han's appointment comes at a time when Samsung Electronics faces several challenges, including rising competition from Chinese rivals, slowing smartphone sales, and global economic uncertainty.

However, Han is confident in the company's ability to overcome these challenges and continue its growth trajectory. He has emphasized the need for Samsung to focus on innovation, invest in new technologies, and create a more customer-centric organization.

Conclusion

The appointment of Han Jong-hee as CEO of Samsung Electronics is a significant step for the company. Han's proven track record and ambitious vision position Samsung well for continued success in the years to come.