Samsung has replaced CEO Choi Gee-sung with the head of its components operation.
Samsung's components business chief, Kwon Oh-hyun, will now head up the company as chief executive officer. Kwon will continue to run Samsung's component business, but will now be tasked with handling "corporate-wide affairs," Samsung said today. However, the presidents of Samsung's TV and appliances and telecom and IT divisions will not report to Kwon.
Although Choi is no longer chief executive, he hasn't been let go. Quite the contrary, he will now head up the Samsung Group Corporate Strategy Office, a … Read more