Jun Young-Hyun was recently appointed as the co-CEO of the brand Samsung Electronics. He was found dead under mysterious circumstances. His cause of death is still under investigation. His death has created concerns over the leadership for the company.
Samsung has been giving tough competition to various brands, especially in the semiconductor market. Their rivals are SK Hgynix and TSMC. Jun Young-hyun’s expertise in this area got him the role as the co-CEO to handle the market, and he hasEl done his job really well during his tenure.
This company has also been dealing with the declining market share, which includes smart phones and electronics. This loss, a visionary leader like Jun Young Hyun adds more complexity to the situation.
ALSO READ: Market Trends Today: 52-Week High and Low Stocks Overview
Leadership:
The brand, Samsung, generally operates with a dual CEO structure for better dealing. With Jun Young Hyun’s death, the company would face difficulty in finding a new leader. The decision has not been announced yet. But there are two options to find a new co-CEO, which are either internal promotion or external hiring.
Innovation:
Despite the passing of Samsung’s co-CEO, Samsung is dedicated to the innovations from 5G and 6G technologies. This company has already made significant investments in these fields.
Strengthening Global Strategy:
With the passing of Samsung Co. CEO Jun Young Hyun, there have been many fluctuations in the market and value. As soon as possible, there is a need to strengthen their strategies to gain the market value back.
ALSO READ: Rajkumar Rao’s Bhool Chuk Maaf releasing on May 9
Share
Harry Potter Series: Nick Frost in talks to play Hagrid
Heated Argument in Assembly: Congress Counters, BRS Walkout
