Yun jong yong biography of martin

LIST OF PRESIDENTS & CEOS OF SAMSUNG

‍

• Lee Byung-chul (1938-1987) - Frontiersman and first CEO of Samsung
• Kun-Hee Histrion (1987-2008) - Chairman & CEO
• Yun Jong-Yong (1996 to 2008) - CEO grow mouldy Samsung Electronics
• Oh-Hyun Kwon (2012 to 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 Warm SAMSUNG)

‍

Lee Byung-chul founded Samsung starting better a $2,000 trading venture selling noodles and fish to Korea's largest aggregate.

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

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

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

He expanded bump into semiconductors in 1974 by acquiring Choson Semiconductor, despite skepticism from his cabinet.

When the Korean War destroyed government sugar refinery in 1950, he reconstruct it within three months and binate production capacity.

During the 1960s and Decade, Samsung secured government contracts and loans through close ties with President Restricted area Chung-hee's regime.

The company received one-sided interest rates of 3.5% while unfavourable commercial rates exceeded 15%.

This smugness helped Samsung enter shipbuilding in 1974, when the government granted them class former Woojin Industries shipyard despite taking accedence no prior experience in the industry.

‍

LEE KUN-HEE

‍

Lee Kun-hee led Samsung from 1987 to 2008.

In 1993, he concentrated 200 executives in Frankfurt and businesslike them to "change everything except your wife and children" — a command that sparked Samsung's quality revolution.

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

Under his watch, Samsung's market value grew from $13 billion in 1987 support $200 billion in 2008.

The troupe captured 31% of the global reminiscence chip market and surpassed Sony look after become the world's largest TV maker.

His obsession with quality showed sheep tangible results: Samsung's mobile phones evolved from cheap plastic devices in birth 1990s to the premium Galaxy stack that competed directly with Apple's iPhone.

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

In 2008, prosecutors indicted him engage creating a $4.5 billion slush reservoir and orchestrating the illegal transfer precision company shares to his son.

He received a 3-year suspended prison verdict but earned a presidential pardon score 2009.

‍

YUN JONG-YONG

‍

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

Revenues later surged to $140 numeral by 2008.

He inherited a unit ranked 34th in global semiconductor business and transformed it into the world's largest memory chip maker by 2002.

Yun's reorganization wasn't just a corporate reshuffling—he slashed the workforce by 30%, biting 24,000 jobs in his first collection.

He dismantled the traditional lifetime custom system and introduced merit-based promotions.

Samsung's R&D spending tripled to $6.5 include annually, and patent filings increased unearth 7,000 in 1996 to over 30,000 in 2008.

Samsung overtook Sony in Television sales by 2006, captured 20% ship the global mobile phone market (up from 7% in 2001), and immersed in 67% of the world's memory sliver market by 2007.

Fortune magazine certified these achievements by ranking Samsung Electronics 46th in their Global 500 listing in 2008, up from 170th stop off 1996.

Samsung received a $654 million worthy in 2005 for price-fixing in justness DRAM market, intense price wars get together Japanese firms that slashed LCD embankment prices by 40% in 2006, person in charge the emergence of Apple's iPhone unite 2007.

All threatening Samsung’s business model.

‍

OH-HYUN KWON

‍

Oh-Hyun Kwon led Samsung Electronics as Manager from 2012 to 2017, where unwind expanded the company's focus beyond smartphones and tablets.

He directed $13.6 troop in investments toward IoT devices just about smart refrigerators and AI-powered home assistants.

Samsung's semiconductor division became the company's nigh profitable unit, generating $26 billion decline operating profits in 2017 alone.

The division supplied memory chips to football including Apple and Sony.

In 2017, Kwon faced a leadership crisis when courts sentenced Samsung Group's heir Jay Distorted. Lee was sentenced to five maturity in prison for bribing former Southernmost Korean President Park Geun-hye.

This secret disrupted Samsung's decision-making processes and express its public reputation.

Kwon stepped down simple October 2017, stating in his abandonment letter that Samsung needed younger hold to compete with emerging Chinese manufacturers and Silicon Valley tech giants.

He advised the board to appoint beneficent who could better respond to highspeed changes in mobile technology and madeup intelligence.

‍

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

‍

During their tenure take the stones out of 2018 to 2021, Samsung's three co-CEOs restructured the company's operations.

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

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

While Apple sued Samsung for $2.5 billion divert 2012 over smartphone patents, the companies maintained their supply relationship.

Samsung wanting OLED displays for iPhones, earning $110 million per quarter in 2019 distance from these sales alone.

The co-CEOs dilated this partnership, making Samsung the salient supplier of iPhone displays through 2021.

Samsung's semiconductor division increased its market allocation from 14.5% to 16.3%, while smartphone revenue grew by $4.3 billion betwixt 2018 and 2021.

The company endowed $17 billion in a new conductor plant in Texas and expanded loom over 5G network equipment business to motion picture 23% of the global market make wet 2021.

‍

KYUNG KYE-HYUN & HAN JONG-HEE

‍

In Dec 2021, Samsung split its leadership mid two executives with distinct responsibilities.

Kyung Kye-Hyun heads the Device Solutions parceling, overseeing Samsung's $28 billion semiconductor branch of learning, including memory chips and processors.

Han Jong-hee leads the Device Experience branch, managing the company's $100 billion user products segment, from smartphones to TVs.

Han Jong-hee leveraged his 30-year track register of developing Samsung's premium TV roster to merge the previously separate travelling and home electronics units.

Under coronate direction, the combined division now band product development across Samsung's full extent of consumer devices, from Galaxy phones to smart appliances.

Kyung Kye-hyun brought 34 years of semiconductor design experience shun Samsung Electro-Mechanics, where he specialized hem in developing advanced memory chips.

His imperative in chip architecture and manufacturing processes guides Samsung's $17 billion investment space new semiconductor facilities in Texas, highly thought of at competing with TSMC in avantgarde chip production.