Seoul: South Korean tech large Samsung Electronics on Friday introduced a management reshuffle, naming a brand new co-chief government officer (CEO) and a chief know-how officer (CTO) amid the corporate’s efforts to deal with exterior enterprise uncertainties. Underneath the reshuffle, President Roh Tae-moon, who has been serving as performing head of Samsung Electronics’ System Expertise (DX) division, which oversees cell, TV and residential equipment companies, will turn into the official chief of the division whereas serving as a co-CEO of the corporate.
Roh will serve within the co-CEO place alongside Vice Chairman and CEO Jun Younger-hyun, who leads the System Options division that oversees the semiconductor enterprise, reviews Yonhap information company. “President Roh will proceed to supervise the corporate’s cell enterprise as head of cell expertise enterprise, whereas Vice Chairman Jun will stay as head of the reminiscence enterprise,” the corporate mentioned in a launch.
Samsung Electronics mentioned the co-CEO system will assist the corporate bolster competitiveness of its key companies and tackle uncertainties, whereas securing its management in future applied sciences.
The corporate additionally promoted Vice President Yoon Jang-hyun, CEO of Samsung Ventures Funding Corp., as the brand new CTO and president of the DX division. Park Hong-kun, a professor at Harvard College, was named head of the Samsung Superior Institute of Expertise, the corporate added.
In the meantime, Samsung Electronics has topped the checklist of company donations revamped the primary 9 months of 2025, though the quantity of its donations declined from a yr earlier, a report confirmed.
The South Korean tech large donated 110.4 billion received (US$75.5 million) over the January-September interval, down 22 % from the earlier yr, in line with knowledge launched by business tracker CEO Rating.
The state-run Korea Electrical Energy Corp. (KEPCO) adopted subsequent with 109.2 billion received in donations, and Hyundai Motor Co. supplied 106.9 billion received over the interval.
SK hynix recorded 59 billion received in charitable spending, marking a 44 % enhance from the earlier yr on the again of its record-breaking earnings within the third quarter.