Samsung Electronics co-CEO Han Jong-hee dies of cardiac arrest ...Middle East

News by : (Daily Sun) -

Han was in charge of Samsung's consumer electronics and mobile devices division, while co-CEO Jun Young-hyun oversees the chip business of South Korea's biggest company.

Samsung Electronics shares were flat in morning trade.

Han, who joined Samsung Electronics nearly 40 years ago, built his career in the TV business. He became vice chairman and CEO of Samsung Electronics in 2022. Han was also one of the company's board members.

In semiconductors, Samsung lags behind SK Hynix in HBM chips that Nvidia and others rely on for AI graphic processing units.

He was scheduled to attend Samsung's launch event for new home appliances on Wednesday.

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