Samsung Electronics has been rated as the Most Admired Company for eight straight years. In a survey by Korea Management Association Consulting (KMAC), companies like Samsung, POSCO, Yuhan Kimberly, Hyundai etc. have been rated as the most respected companies in South Korea. The survey comprised of industry executives, security analysts, consumers as well as […]
management
Samsung appoints Y.K. Kim as President and CEO of Samsung Elec. America
Samsung has announced a new President and CEO for its Electronics operations in America. Yangkyu (Y.K.) Kim will take place of C.S. Choi as Choi will return to Korea as an Executive Advisor to Samsung’s global Vice Chairman and CEO, Mr. G.S. Choi. Kim will assume the position effective immediately and will overlook the […]
Lee Jae-yong promoted as Samsung Electronics President
The only son of Samsung Electronics’ Chairman, Lee Jae-yong has been promoted to the post of President in Samsung’s flagship Electronics subsidiary. Jae-yong will also hold its current Chief Operating Officer (COO) position. Meanwhile, Choi Gee-sung, CEO of Samsung Electronics will also assume the position of Vice Chairman in Samsung Electronics. The management reshuffle […]
Lee Kun-hee’s son to become Samsung Electronics’ President
Founding owner of Samsung Group and Samsung Electronics’ chairman, Lee Kun-hee has confirmed that his only son, Lee Jae-yong will be promoted from the Chief Operating Officer (COO) position to the President in Samsung Electronics. The confirmation came from Lee when he was asked about the news swirling about his son’s promotion. One of […]
Samsung sends auditors from Korea to audit Australia biz operations
Samsung HQ in South Korea have sent 13 auditors to Australia to check on the region’s operations. The report from Smarthouse claims that the surprise audit is a result of a tip-off from a former Samsung executive alleging irregularities in the sale of second goods. Samsung auditors are currently probing 10-year old transactions and […]