iEntry 10th Anniversary RSS Feed

Samsung Head resigns, will this affect their mobile business?

“Lee Kun-hee, the leader of Samsung Group for the past 20 years, has given up his post in light of his recent indictment on tax evasion and breach of trust charges. Lee’s son, Jae-yong, will also step down. Samsung said it is dissolving its strategic planning office, which didn’t offer enough visibility into the inner workings of Korea’s largest company. Samsung is going to give its management more autonomy and end a cross-shareholding arrangement that consolidated Lee’s power over the entire company. Lee’s family, however, will still retain ownership of Samsung Group. ” Phone Scoop

Samsung makes way more than just mobile phones, but we deal with mobile phones.  Do you think that this will affect Samsung’s mobile phone business?  They are one of the major players in the industry especially with Motorola having such issues.  Also how deep this runs besides just the head guy might affect more than him stepping down.

About the Author:

No Comments »

No comments yet.

RSS feed for comments on this post. TrackBack URL

Leave a comment