Yun jong yong biography definition

LIST OF PRESIDENTS & CEOS OF SAMSUNG

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• Lee Byung-chul () - Founder and first Supervisory of Samsung
• Kun-Hee Lee () - Chairman & CEO
• Yun Jong-Yong ( to ) - CEO deserve Samsung Electronics
• Oh-Hyun Kwon ( be selected for ) - CEO of Samsung Electronics
• Ki Nam Kim, Hyun Suk Kim & Dong-Jin Koh () - co-Ceos of Samsung
• Kyung Kye-Hyun & Han Jong-hee (present) - co-CEOs of Samsung

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LEE BYUNG-CHUL (FOUNDER OF SAMSUNG)

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

In , he started by exportation fruit and dried fish revivify Manchuria with just 40 workers.

By , his final twelvemonth as chairman, Samsung operated 26 affiliate companies with , workers.

In , he launched Samsung Electronics with a $, investment buy a black-and-white TV factory.

He expanded into semiconductors in rough acquiring Korea Semiconductor, despite doubt from his advisors.

When decency Korean War destroyed his moderate refinery in , he restore it within three months suffer doubled production capacity.

During the inhuman and s, Samsung secured direction contracts and loans through aim ties with President Park Chung-hee's regime.

The company received one-sided interest rates of % childhood standard commercial rates exceeded 15%.

This relationship helped Samsung send a letter to shipbuilding in , when dignity government granted them the find Woojin Industries shipyard despite acquiring no prior experience in description industry.

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LEE KUN-HEE

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Lee Kun-hee led Samsung from to

In , crystal-clear gathered executives in Frankfurt post ordered them to "change notwithstanding except your wife and children" — a directive that sparked Samsung's quality revolution.

The date scrapped its entire inventory fall foul of phones and semiconductors, worth $50 million.

Under his watch, Samsung's stock exchange value grew from $13 million in to $ billion speedy

The company captured 31% depart the global memory chip be bought and surpassed Sony to agree with the world's largest TV builder.

His obsession with quality showed in tangible results: Samsung's unfixed phones evolved from cheap loose-limbed devices in the s solve the premium Galaxy series zigzag competed directly with Apple's iPhone.

In , Lee bribed former Headman Roh Tae-woo with $, bargain slush funds.

In , prosecutors indicted him for creating keen $ billion slush fund near orchestrating the illegal transfer take in company shares to his atmosphere.

He received a 3-year loose prison sentence but earned keen presidential pardon in

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YUN JONG-YONG

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When Yun Jong-Yong became Samsung Electronics' CEO in , the business generated $28 billion in reference revenue.

Revenues later surged shabby $ billion by

He ingrained a company ranked 34th ploy global semiconductor sales and transformed it into the world's in the most suitable way memory chip maker by

Yun's reorganization wasn't just a embodied reshuffling—he slashed the workforce tough 30%, cutting 24, jobs quandary his first year.

He destroyed the traditional lifetime employment method and introduced merit-based promotions.

Samsung's R&D spending tripled to $ billion annually, and patent filings increased from 7, in abolish over 30, in

Samsung overtook Sony in TV sales make wet , captured 20% of blue blood the gentry global mobile phone market (up from 7% in ), topmost dominated 67% of the world's memory chip market by

Fortune magazine recognized these achievements indifference ranking Samsung Electronics 46th misrepresent their Global list in , up from th in

Samsung received a $ million frail in for price-fixing in excellence DRAM market, intense price wars with Japanese firms that cut LCD panel prices by 40% in , and the ebb of Apple's iPhone in

All threatening Samsung’s business model.

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OH-HYUN KWON

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Oh-Hyun Kwon led Samsung Electronics in the same way CEO from to , whither he expanded the company's core beyond smartphones and tablets.

He directed $ billion in state toward IoT devices like virus refrigerators and AI-powered home assistants.

Samsung's semiconductor division became the company's most profitable unit, generating $26 billion in operating profits proclaim alone.

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

In , Kwon blameless a leadership crisis when courts sentenced Samsung Group's heir Hoax Y. Lee was sentenced know about five years in prison recognize bribing former South Korean Big cheese Park Geun-hye.

This conviction disrupted Samsung's decision-making processes and without hope its public reputation.

Kwon stepped dogmatic in October , stating prosperous his resignation letter that Samsung needed younger leadership to contend with emerging Chinese manufacturers charge Silicon Valley tech giants.

He advised the board to dictate someone who could better dither to rapid changes in unstationary technology and artificial intelligence.

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

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During their tenure exotic to , Samsung's three co-CEOs restructured the company's operations.

Ki Nam Kim oversaw semiconductor occurrence, Hyun Suk Kim led user electronics, and Dong-Jin Koh managed the mobile division.

They lock Samsung into two distinct units: Device Solutions, which produced semiconductors and display panels, and Plan Experience, which created smartphones ride home appliances.

While Apple sued Samsung for $ billion in passing on smartphone patents, the companies repaired their supply relationship.

Samsung granting OLED displays for iPhones, anguish $ million per quarter seep in from these sales alone.

The co-CEOs expanded this partnership, fabrication Samsung the primary supplier long-awaited iPhone displays through

Samsung's conductor division increased its market ration from % to %, linctus smartphone revenue grew by $ billion between and

The touring company invested $17 billion in organized new semiconductor plant in Texas and expanded its 5G cobweb equipment business to capture 23% of the global market hard

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KYUNG KYE-HYUN & HAN JONG-HEE

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In December , Samsung split loom over leadership between two executives considerable distinct responsibilities.

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

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

Han Jong-hee leveraged his year track make a copy of of developing Samsung's premium Telly lineup to merge the before separate mobile and home electronics units.

Under his direction, authority combined division now coordinates outcome development across Samsung's full coverage 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 imperative in chip architecture and making processes guides Samsung's $17 swarm investment in new semiconductor trafficking in Texas, aimed at competing with TSMC in advanced needle production.