Samsung Electronics CEO announces plans to step down, cites 'unprecedented crisis’

13 October 2017
Kwon Oh-hyun has announced that he will step down from all his current roles and responsibilities next year in March.

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  • Gee
  • mXb
  • 18 Oct 2017

Oh known what are we all going to do now.......useless information

    • i
    • imRGZ
    • YQ$
    • 16 Oct 2017

    Anonymous, 16 Oct 2017So the edge screen gimmick is groundbreaking? The half-bake... moreIf that ugly aspect ratio isn't ground breaking why would Apple and LG started to use it? Or Sony in 2018 according to its own executive? Oh that ugly aspect ratio will become ground breaking when Sony releases one of their own version of bezel less phone. Edge screen is sure gimmick but it makes the phone more beautiful and compact. I didn't say Samsung above all..It is just doing what is required to get more profits than many of the android OEMs.

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      • Anonymous
      • UD{
      • 16 Oct 2017

      imRGZ, 14 Oct 2017Yeah, i see it's the only possible way for Sony to get some... moreSo the edge screen gimmick is groundbreaking? The half-baked Bixby is groundbreaking? The ugly screen ratio is groundbreaking? The bloatwares and LAGGY UI is groundbreaking? Well, except for the exynos chips 'coz somewhat ity has what it takes but still behind Apple's. Don't treat Samsung as superior and as god coz Samsung will never be!

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        • Anonymous
        • UD{
        • 16 Oct 2017

        AnonD-27765, 13 Oct 2017It's Sony that needs to close down. Literally no one wants ... moreAnd you Samsung is always the king of Copycats and Gimmicks you troll!

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          • Dodge
          • 33R
          • 14 Oct 2017

          Non removable batteries, no led indicators, no radio, slippy rear parts .... Who is going to by this? Personally I have switched from Samsung phones, whis I used to enjoy so much, sad to say.

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            • Anonymous
            • 4$v
            • 14 Oct 2017

            AnonD-695347, 13 Oct 2017Can you please enlighten me on this "Dark secret of Samsung... moreNot sure what he was referring to, but it could be the bribery, or tax evasion, or workers dying from leukemia, or connection to the past military dictatorship, or the rampant copying, maybe trying to use SEPs as weapons, or how they tried to extort Nokia. Maybe there's something else that I missed.

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              • Anonymous
              • ncG
              • 14 Oct 2017

              Tann Hauser, 13 Oct 2017Android world would be faaar better off without Samsung... ... moreYou wanted that it was Sony, the company with no profits with no sales, one bankrupt company? You don't understand that the world changed in the passed around 15 years? Samsung about 15 years ago have become more important than Sony.

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                • AnonD-691126
                • Y2P
                • 14 Oct 2017

                I think Samsung will do just fine. They can find another CEO to fill the gap, and I also think the best is yet to come. There is no need for Samsung to be defunct. They manufacture the most smartphones in the world. They have the best screen on a smartphone(LG needs more green subpixel from what I've heard, and I'm waiting for Sony to make a competitor). They also make their own silicon. Sure, they have appliances among other things. Samsung needs to be the top smartphone and AMOLED manufacturer. Every other company is aiming for the top, but they are unique and are not looking for the market share.

                  • a
                  • apj
                  • gNV
                  • 14 Oct 2017

                  Bad days ahead for a "corrupt competitive"organisation.

                    • i
                    • imRGZ
                    • U@X
                    • 14 Oct 2017

                    Tann Hauser, 13 Oct 2017Android world would be faaar better off without Samsung... ... moreYeah, i see it's the only possible way for Sony to get some sales and attention. So much desperation for your brand right? Hoping that absence of a company will make your brand most sought after? It's Sony's fault in not upping their game and stay profitable in business and it shows in their revenues solely depending on their entertainment and camera sensor business profits. All over the world there are very very few people who consider Xperias in the same breadth as Galaxy S/iPhones. If not for Samsung, name one android phone company which can put a fight and still stand against the might of Apple in flagship segment? Android market is oversaturated. Someone needs to bring something new to survive and Samsung is just doing that, it doesnt matter how many of them are useful, at least half of them are as per me. Sony? Nothing ground breaking.

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                      • Luxor
                      • tue
                      • 14 Oct 2017

                      Anonymous, 13 Oct 2017As it seems Samsung has already been peaked and it never ma... moreYou dont even read do you? Your theory is completely off. You could just read the article instead of making up your own story. Lol.

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                        • AnonD-699395
                        • 6P{
                        • 13 Oct 2017

                        Despite all the corruption, thanks for making Samsung > Apple!

                          That's big shake down, I hope company will remain intake, after it is top mobile smarthpone company in a world and market leader

                            • D
                            • AnonD-695347
                            • mUx
                            • 13 Oct 2017

                            AnonD-690051, 13 Oct 2017well.. im not trying to defend tanny, but i think he alread... moreCan you please enlighten me on this "Dark secret of Samsung", im curious to know

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                              • MdN8
                              • 3%2
                              • 13 Oct 2017

                              Anonymous, 13 Oct 2017Typical South Korean big company, everything look good but ... moreNo but I just looked it up. You could say the same about most companies, even about most countries.

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                                • Anonymous
                                • Hk{
                                • 13 Oct 2017

                                As it seems Samsung has already been peaked and it never managed to overtake Apple - not in sales but profits. Whatever Samsung tried it was always second to Apple. Now the crisis is that the Chinese have caught up with Samsung and when they increase production and distribution around the world Samsung will sink. It has already sunk in China and in Sourh East Asia where the likes of Oppo and Vivo are selling like hot cakes at expense of Samsung. Then there may be a black swan event if, for example, Apple stops getting components from Samsung. Not to mention that other companies will eventually catch up with Samsung’s chip and screen business. That’s why he says that he wants new people with new ideas. The old model has been peaked with some success but just some. It hadn’t been terribly successful. He can see what is coming and simply admits that he can’t do it.

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                                  • Anonymous
                                  • ELT
                                  • 13 Oct 2017

                                  To dear Samsung! This is my suggest for you:
                                  Kim jong un instead Lee jae yong
                                  Waiting for endless battery lifetime

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                                    • Anonymous
                                    • nEc
                                    • 13 Oct 2017

                                    Anonymous, 13 Oct 2017The dark secret of Samsung was: Backdoors always on!You mean you believe the 150m ebookfine price rigging fraidsters , with 500m Italian tax ,13billion Irish tax rigging scandal, fruit company, when they stage the c i a to ask in public, ha ha, can we have a backdoor.No the system was built for them they have a front door. Don't call the Koreans or anyone else when it comes to
                                    sly underhanded corporations, america wrote the hand book, and guess who's yearly conference the highly paid/bought press attend whoopin and a hollerin at the negligable hype. Well go youtube Samsung's shindigs, it aint them, but at the yearly fruit rehash, yppu can sneeze and they go crazy for it, say they can even tell the press to sit there an shutup or we don't start till you do, jobsy wobsy, told em just that, they never left the building, never said a word, never printed the scandal, for they are the scandal.Paid paid paid. Check out the comments section on every new Samsung or $$aple story, as they come out, ha ha, you'd almost think someone was being paid to stop Samsung selling phonesp.

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                                      • Luxor
                                      • tue
                                      • 13 Oct 2017

                                      A, 13 Oct 2017Anybody who says Samsung is more successful than apple is d... moreYou not an apple fanboy stating samsung is not more successful than apple. What your motive to even say that then? How is this relevant to the article?

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                                        • Anonymous
                                        • kqQ
                                        • 13 Oct 2017

                                        abigfanoftechs, 13 Oct 2017Then where are Apple going to get their components from? :P Lol...
                                        That is Apple's trick, so Samsung will depend on Apple's order screen component. Then Apple will stop order to Samsung. Just watch.....