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.

Sort by:

  • S
  • SZtadir
  • X%U
  • 13 Oct 2017

Anonymous, 13 Oct 2017Hi Unlike you, I don't think so! Giant of Samsung ≠ Giant... moreI really like Sony's skin, HTC's skin is not half-bad either. But none of them has done anything to attract users to the Android OS in the recent past.

I saw a data (in phonearena I think) that shows that iOS is gaining grounds in USA and China, android share is falling. Even in my country people are thinking about buying IPhones.

Right now, all fans of android (be it Sony, Samsung, LG, Oneplus whatever) needs to be on the same page. Otherwise, the mobile market will be dictated by Apple, and that will be horrible.

    • d
    • dev
    • Kg{
    • 13 Oct 2017

    SZtadir, 13 Oct 2017Samsung is doing just fine. And to be truthful, android nee... moreI don't like that much either. being a developer of apps I like the phone that is using stock android or close to stock android like sony, google pixel, nokia, nexus brand by other companies like lg, and others.

      • t
      • the failure is of TV
      • pvS
      • 13 Oct 2017

      People here - you not in the right direction!

      The biggest failure of Samsung concerns the premium TV market (those that cost 1500$ and up).
      Samsung's sales in this category had sunk in the recent two years!

      This concerns Samsung not able to match LG's OLED TVs, and using gimmicks like curved displays and fake tech like QLED (which is just branding for plain old LCD TVs).


      This doesn't concern the corruption made by Samsung's top managers, and I don't think it concerns the smartphone business, which was quite successful (except for the note 7).

        • ?
        • Anonymous
        • 6XU
        • 13 Oct 2017

        I want to see news like - Samsung electronics is dying. It will be great.

          • ?
          • Anonymous
          • 81L
          • 13 Oct 2017

          SZtadir, 13 Oct 2017Samsung is doing just fine. And to be truthful, android nee... moreHi
          Unlike you, I don't think so!
          Giant of Samsung ≠ Giant of Google & his property (android) Before since, I saw Tizen and present day bixby! Am sure Samsung's smart phones are death point in history of android! This operating system is still alive! Reason!? In my opinion Samsung is not main reason! Light, light and lighter and more and more stability of OS in Sony's smart phones, htc also nexus series or pixels but Samsung!? Never was...

            • M
            • MdN8
            • 3%2
            • 13 Oct 2017

            Anonymous, 13 Oct 2017So my assumption that people actually read the article befo... moreOf course no. They just read the title and talk about unrelated things they see in their heads. They are the social media generation that only understands black and white and doesn't understand context. Here's something from another page:

            The trial of billionaire Lee Jae-Yong has just ended, and he was sentenced to five years in prison. It’s the end of a long process that also led to the impeachment of South Korea's former president, Park Geun-Hye.

            Samsung and its ruling bodies knew for some time that this is coming, as the trial which also involved Lee Jae-Yong has been going on for a while. Now that the trial has ended and the billionaire is going to prison, the CEO of Samsung has no other alternative on the table but to resign.

            It’s also fair to say that Lee Jae-Yong wasn’t really involved in Samsung operations, so the resignation of its CEO is more of self-preservation, and has no relation to the trial itself.

            Of course, the letter does not name the crisis, but it’s easy to see what it means. This will also send a powerful message to the shareholders, and it wouldn’t surprise anyone to see the company take a hit on the stock market.

            On the other hand, its latest mobile devices, Galaxy Note 8 and Galaxy S8 and S8 Plus registered record sales, and Samsung is well on its way for a really profitable year. It remains to be seen how will Samsung will deal with this entire situation.

              • A
              • A Note 4 user
              • 0vw
              • 13 Oct 2017

              Of course they are in crisis. Imposing extra fragile screens with unwanted curved edges, non-removable batteries, and price tags skyrocket.

              at the same time worldwide economy is getting worse and worse, people losing jobs and getting pay cuts. some countries are in pre-war state (if you open your eyes, it becomes crystal clear).

              There's just little to no place in the world for 1000 EUR Note 8 that do not even met its target audience expectations!!

              time to change, samsung, and you better do it fast.

                • R
                • Rayne
                • tVn
                • 13 Oct 2017

                A, 13 Oct 2017Anybody who says Samsung is more successful than apple is d... moreSuccess in what! You got to be more specific about it . Samsung is fastest growing while apple have a share market results this year thanks to Dow Jones record high results this year.

                  • S
                  • SZtadir
                  • X%U
                  • 13 Oct 2017

                  Anonymous, 13 Oct 2017According to previous lose and his failures in gs8's sells ... moreSamsung is doing just fine. And to be truthful, android needs Samsung to stay competitive with Apple. Apple is doing whatever they feel like and no one seems to be courageous enough to challenge them. Samsung is the only one keeping Apple in check (unlike Google, who is following Apple).

                  I don't like Samsung that much, I much prefer Sony (and buy Sony). But Android fans need Samsung more than any other company currently in the market.

                    • ?
                    • Anonymous
                    • 0pY
                    • 13 Oct 2017

                    A, 13 Oct 2017Anybody who says Samsung is more successful than apple is d... moreWell i don't know. Samsung have an insane hold on way, way, way, way, way, way, way, way, way, way, way more industries than Apple yet still battle Apple and sell more phones than Apple...

                      • &
                      • Æ
                      • ELT
                      • 13 Oct 2017

                      A, 13 Oct 2017Anybody who says Samsung is more successful than apple is d... moreI can't remember! However, I think Sony was deserve to more successful than fruit and his mystical with yourself (Samsung) sadly, it's bitter also real too...

                        • A
                        • A
                        • jV@
                        • 13 Oct 2017

                        Anybody who says Samsung is more successful than apple is dreaming. Not a Apple fanboy either

                          I hope this doesn't effect samsung, if it is, where do you guys(especially isheep) will get the one of the best mobile display in the market(LG P-OLED is still new and need some tweak) and also, samsung is the only android brand that can rival apple iphone in flagship market(thus, make the mass people realize that apple is not the only flagship premium phone in the world)

                            Random comments here -
                            1. So, the supposed "record profit" was fake news...
                            2. According to previous lose and his failures in gs8's sells also earlier in gn8's sells! I have an idea: neo shop of Samsung in Mars! I guess of course

                            My suggestion to you guys - Next time read the news properly before blurting out nonsense.

                            P.S> The crisis the 64-year old is referencing does have its roots in the 5-year jail term awarded recently by a South Korean court to the company's billionaire heir-apparent Lee Jae-yong for corruption.

                              • ?
                              • Anonymous
                              • AIA
                              • 13 Oct 2017

                              Corruption is the key word

                                • ?
                                • Anonymous
                                • ELT
                                • 13 Oct 2017

                                According to previous lose and his failures in gs8's sells also earlier in gn8's sells! I have an idea: neo shop of Samsung in Mars! I guess of course

                                  Anonymous, 13 Oct 2017So, the supposed "record profit" was fake news...Its always fake news from Samsung HQ. Especially in mobile department.

                                    • ?
                                    • Anonymous
                                    • X%7
                                    • 13 Oct 2017

                                    Anonymous, 13 Oct 2017So, the supposed "record profit" was fake news...So my assumption that people actually read the article before commenting was not true...

                                      This is definitely a quite big news (in tech field/world). And obviously there is really so much to say...

                                        • ?
                                        • Anonymous
                                        • 0BG
                                        • 13 Oct 2017

                                        So, the supposed "record profit" was fake news...