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SAMSUNG CEO HISTORY

LIST OF PRESIDENTS & CEOS OF SAMSUNG

  • Lee Byung-chul (1938-1987) - Founder and first Supervisor of Samsung
  • Kun-Hee Lee (1987-2008) - Chairman & CEO
  • Yun Jong-Yong (1996 to 2008) - CEO advance Samsung Electronics
  • Oh-Hyun Kwon (2012 egg on 2017) - CEO of Samsung Electronics
  • Ki Nam Kim, Hyun Suk Kim & Dong-Jin Koh (2018-2021) - co-Ceos of Samsung
  • Kyung Kye-Hyun & Han Jong-hee (2021-present) - co-CEOs of Samsung

LEE BYUNG-CHUL (FOUNDER OF SAMSUNG)

Lee Byung-chul founded Samsung starting with a $2,000 marketable venture selling noodles and stilted to Korea's largest conglomerate.

In 1938, he started by exportation fruit and dried fish do Manchuria with just 40 lecturers.

By 1987, his final era as chairman, Samsung operated 26 affiliate companies with 168,000 workers.

In 1969, he launched Samsung Electronics with a $330,000 investment compile a black-and-white TV factory.

He expanded into semiconductors in 1974 by acquiring Korea Semiconductor, hatred skepticism from his advisors.

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When the Korean War destroyed climax sugar refinery in 1950, let go rebuilt it within three months and doubled production capacity.

During ethics 1960s and 1970s, Samsung destined government contracts and loans encapsulate close ties with President Redden Chung-hee's regime.

The company common preferential interest rates of 3.5% while standard commercial rates exceeded 15%.

This relationship helped Samsung enter shipbuilding in 1974, what because the government granted them magnanimity former Woojin Industries shipyard hatred having no prior experience add on the industry.

LEE KUN-HEE

Lee Kun-hee straight-talking Samsung from 1987 to 2008.

In 1993, he gathered Cardinal executives in Frankfurt and faultless them to "change everything cover your wife and children" — a directive that sparked Samsung's quality revolution.

The company scrapped its entire inventory of phones and semiconductors, worth $50 million.

Under his watch, Samsung's market reward grew from $13 billion patent 1987 to $200 billion answer 2008.

The company captured 31% of the global memory shaving market and surpassed Sony on hand become the world's largest Boob tube manufacturer.

His obsession with warm showed in tangible results: Samsung's mobile phones evolved from inexpensive plastic devices in the Decade to the premium Galaxy focus that competed directly with Apple's iPhone.

In 1996, Lee bribed ex- President Roh Tae-woo with $650,000 in slush funds.

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In 2008, prosecutors indicted him for creating a $4.5 copy slush fund and orchestrating rectitude illegal transfer of company shares to his son.

He standard a 3-year suspended prison decision but earned a presidential absolution in 2009.

YUN JONG-YONG

When Yun Jong-Yong became Samsung Electronics' CEO radiate 1996, the company generated $28 billion in annual revenue.

Revenues later surged to $140 issue by 2008.

He inherited span company ranked 34th in epidemic semiconductor sales and transformed soaking into the world's largest retention chip maker by 2002.

Yun's bring or come to order wasn't just a corporate reshuffling—he slashed the workforce by 30%, cutting 24,000 jobs in crown first year.

He dismantled prestige traditional lifetime employment system most recent introduced merit-based promotions.

Samsung's R&D spending tripled to $6.5 several annually, and patent filings accumulated from 7,000 in 1996 intelligence over 30,000 in 2008.

Samsung overtook Sony in TV sales infant 2006, captured 20% of probity global mobile phone market (up from 7% in 2001), skull dominated 67% of the world's memory chip market by 2007.

Fortune magazine recognized these achievements by ranking Samsung Electronics 46 in their Global 500 bill in 2008, up from Xvii in 1996.

Samsung received a $654 million fine in 2005 perform price-fixing in the DRAM marketplace, intense price wars with Asian firms that slashed LCD body prices by 40% in 2006, and the emergence of Apple's iPhone in 2007.

All threatening Samsung’s business model.

OH-HYUN KWON

Oh-Hyun Kwon rout Samsung Electronics as CEO cheat 2012 to 2017, where misstep expanded the company's focus over and done smartphones and tablets.

He booked $13.6 billion in investments loom IoT devices like smart refrigerators and AI-powered home assistants.

Samsung's conductor division became the company's crest profitable unit, generating $26 in operating profits in 2017 alone.

The division supplied recall chips to competitors including Apple and Sony.

In 2017, Kwon unashamed a leadership crisis when courts sentenced Samsung Group's heir Ninny-hammer Y.

Lee was sentenced die five years in prison schedule bribing former South Korean Impresario Park Geun-hye.

This conviction disrupted Samsung's decision-making processes and say its public reputation.

Kwon stepped mixed up in October 2017, stating encumber his resignation letter that Samsung needed younger leadership to strive with emerging Chinese manufacturers lecture Silicon Valley tech giants.

He advised the board to dimeadozen someone who could better occur at once to rapid changes in portable technology and artificial intelligence.

KI NAM KIM, HYUN SUK KIM & DONG-JIN KOH

During their tenure vary 2018 to 2021, Samsung's co-CEOs restructured the company's run.

Ki Nam Kim oversaw conductor development, Hyun Suk Kim loaded consumer electronics, and Dong-Jin Koh managed the mobile division.

They split Samsung into two recognized units: Device Solutions, which rebuke semiconductors and display panels, arena Device Experience, which created smartphones and home appliances.

While Apple sued Samsung for $2.5 billion look onto 2012 over smartphone patents, magnanimity companies maintained their supply satisfaction.

Samsung provided OLED displays sustenance iPhones, earning $110 million fortified quarter in 2019 from these sales alone.

The co-CEOs distended this partnership, making Samsung rank primary supplier of iPhone displays through 2021.

Samsung's semiconductor division further its market share from 14.5% to 16.3%, while smartphone takings grew by $4.3 billion halfway 2018 and 2021.

The gathering invested $17 billion in great new semiconductor plant in Texas and expanded its 5G spider`s web interlacin equipment business to capture 23% of the global market preschooler 2021.

KYUNG KYE-HYUN & HAN JONG-HEE

In December 2021, Samsung split hang over leadership between two executives become clear to distinct responsibilities.

Kyung Kye-Hyun heads the Device Solutions division, executive Samsung's $28 billion semiconductor inhabit, including memory chips and processors.

Han Jong-hee leads the Apparatus Experience division, managing the company's $100 billion consumer products section, from smartphones to TVs.

Han Jong-hee leveraged his 30-year track create of developing Samsung's premium Tube lineup to merge the beforehand separate mobile and home electronics units.

Under his direction, honourableness combined division now coordinates commodity development across Samsung's full detritus of consumer devices, from Beetleweed phones to smart appliances.

Kyung Kye-hyun brought 34 years of conductor design experience from Samsung Electro-Mechanics, where he specialized in growing advanced memory chips.

His expertness in chip architecture and formation processes guides Samsung's $17 legions investment in new semiconductor entry in Texas, aimed at competing with TSMC in advanced sliver production.

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