Samsung Electronics Appoints President Roh as New Mobile Chief By Investing.com

© Reuters.

By Alex Ho

Investing.com – Samsung Electronics Co Ltd (KS:) appointed President Roh Tae-moon as its new mobile chief, according to a statement on Monday.

Roh was known to be pivotal to the development of the Galaxy brand, and is Samsung’s youngest president.

Citing people familiar with the matter, Reuters previously reported that Roh championed the company’s strategic shift to cut costs and outsource more phones to Chinese and other companies.

Samsung said in the statement that former mobile chief DJ Koh will continue to lead Samsung’s IT & mobile communications (IM) business.

The company’s stock last traded at KRW 62,400, up 1.8%.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Be the first to comment

Leave a Reply

Your email address will not be published.


*