Han Jong-He dies, vice president and key figure of Samsung Electronics, of a heart attack at his daughter’s wedding | Companies

by Andrea
0 comments

Han Jong-Hee, vice president and executive co-director of the South Korean multinational, died Monday in Seoul at age 63 due to a heart attack, as confirmed by the company. Han collapsed last Friday after attending his daughter’s wedding and was transferred to the Samsung Medical Center in Seoul, where he died later, according to the local newspaper Chosun. After the company’s statement, Samsung Electronics’s actions fell and closed with a decrease of 1.16%.

Han was considered an essential figure in the rise of Samsung as one of the greats, planting face to rivals such as Sony. The manager dedicated 37 years to the company, from his entrance as an engineer in 1988 to become one of his top executives.

Recently, they have taken care of the group’s efforts to, anticipating the rise of the functions of these technologies for daily use. Under its leadership, the company has installed AI chips in its refrigerators, washing machines and vacuum cleaners. They have led the Device Experience (DX) division, device experience, one of the group’s large business branches, and also supervised the digital appliance unit (DA), as well as smartphones. His promotion in the company was constant, he was appointed head of the Visual Display area in 2017 and reached the vice presidency and general co -direction in 2021.

“His contribution to the consumer electronics business is invaluable,” Sanjeev Rana, CLSA Securities analyst Korea told Bloomberg. “Under his leadership, Samsung’s television business, in particular, has maintained a very solid market position during the last two decades,” added the expert. They have also played a supervision role in the company’s smartphone business, said Rana.

The death of the manager occurs at a crucial moment for Samsung Electronics, given the rapid boom of Chinese electronics, which offer competitive characteristics at lower prices, which represents a significant threat to Samsung market dominance. The Korean company also tries to reach SK Hynix in memory with AI and defend against its rivals in the United States and China.

In addition, the death of a few days after having participated in the General Board of Shareholders of the Company, held on March 19, where it presented its strategic vision for the future of the group. He informed investors that 2025 would be a difficult year, but that the company would seek mergers and acquisitions to address concerns about growth.

Han’s personal motto was “eternal number 1 ″ and, according to team sources consulted by Bloomberg, was known for his work ethics and determination to overcome the challenges.

During an interview with Bloomberg News in January, they highlighted Samsung’s unique position in the market as a leader not only on mobile devices, but also in appliances, to boost smart household technology worldwide. He said Samsung wants to better connect the 500 million devices that sells every year to compensate for the mistakes that have prevented leadership from large technological rivals in areas such as high -end memory and generative AI.

I was scheduled to offer the inaugural speech of the “Welcome to Bespoke AI” event on March 26, but Samsung announced its replacement two days before for health reasons. His wife, two daughters and a son survive. The funeral will be held this Thursday and the burial place will be the consumption parking of the Sian family.

source

You may also like

Our Company

News USA and Northern BC: current events, analysis, and key topics of the day. Stay informed about the most important news and events in the region

Latest News

@2024 – All Right Reserved LNG in Northern BC