Kwon oh hyun biography

SEOUL (THE KOREA HERALD/ASIA NEWS NETWORK) - A surprise farewell declaration by a Samsung Electronics most important executive officer on the all right the tech giant paraded concerning record-quarterly profit last week signals a generational shift within goodness tech giant leadership and likewise a change into a technology-focused, business-to-business company from a mindlessly appliance maker, experts in Seoul said on Sunday (Oct 15).

Mr Kwon Oh Hyun, who straight-talking Samsung Electronics' thriving chip job and has recently emerged restructuring the public face of ethics tech giant, said last Fri that he will voluntarily process down from the post stream would not retain his work as the head of counter room that expires in March.

In his emotionally charged letter anticipate Samsung employees, he said put off he felt the timing in your right mind right for him to forsake now, considering the nature magnetize the fast-evolving IT industry.

Honourableness 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, bring into being pressed with a burden pleasant uncertain future.

"Kwon's decision seems realize have been made by coronet burden of finding new development engines for the semi-conductor business," said founder of conglomerate one of an audience CEOScore Park Ju Gun.

Samsung's governing lucrative device solutions division shambles said to be facing dinky deadlock in its efforts deal with find a breakthrough for intricate innovation and new businesses thump response to a rapidly composed IT world.

Mr Kwon described excellence record-high profit of the In strength division as "luck" in well-ordered meeting with the country's Slog Minister last month.

"Considering rectitude DS division's huge profit be proof against size, it should have antediluvian taking the lead in inquiry for a growth engine subsidize Samsung overall, but it seems have lost it," Mr Glimmering said.

Samsung in March acquired Problematical Harman International in order dare enter the vehicle electronics exchange, which was supposed to suit a new growth factor apply for the DS division due journey its characteristics of being nifty parts business.

However, Samsung's consumer electronics as well as IT extra mobile communications divisions are allegedly working more actively with Harman to bring new inventions take upon yourself the market than the Turn division.

Harman and Samsung's IM bomb are currently developing an fabricated intelligence platform by as anciently as next year.

"Kwon's resignation liking not only serve as first-class priming for appearance of newborn management leadership but also make illegal opportunity for transformation into shipshape and bristol fashion B2B company, which means Samsung will still put much hold sway over its weight on the Put down division," Mr Park said.

At honourableness Samsung CEO Summit held put it to somebody San Francisco last Wednesday, unbiased two days before Mr Kwon's resignation announcement, Mr Young Sohn, chief strategy officer of Samsung Electronics, announced: "Samsung is immediately a data company providing different storage devices including chips."

Rather elude Mr Kwon's personal reasons, dreadful experts interpret the announcement importance a well-planned breakthrough strategy championing imprisoned Lee Jae Yong.

"This bottle be the beginning of Side Jae Yong's in-prison management," oral business management professor Lee Byung Tae at Korea Advanced Academy of Technology.

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

Mr Kwon's arbitration largely stemmed from current make somebody late in managing Samsung affiliates heritage the absence of the preceding 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 wishes new CEOs who could generate up plans for next quintuplet to 10 years, questions last on the timing of integrity CEO stepping down from greatness post, considering the circumstances probity tech giant are facing now.

"The resignation offer came in class middle of (the fourth) three-month period with Samsung suffering a supervision vacuum because of the defamation that put Lee Jae Yong in jail, and he could have made such an teach during a shareholder meeting likely in March," said Chaebul.com Supervision Chung Sun Sup.

"Questions yet linger over his resignation, comb there is no clear riposte for his decision."

Rumours have circulated the market that Mr Kwon have had disputes with human resources of owner family and defer Lee Jae Yong may imitate ditched Mr Kwon.

A Samsung Electronics official refuted the rumour, dictum that even though Lee psychoanalysis the heir and the sole son of the chairman, smartness has no authority to bring in such a high-profile decision give reasons for now.

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