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[Asia Economy Reporter Han Jinju] No Tae-moon, head of the Wireless Development Office, has been appointed as the head of Samsung Electronics' smartphone business division. Previously, the Wireless Division was concurrently managed by Go Dong-jin, head of the IM Division, but now the responsibility is entrusted to No Tae-moon, who is in his early 50s, signaling a drive to boost the Galaxy smartphone business, including foldable phones.
On the 20th, Samsung Electronics announced in its executive personnel reshuffle that No Tae-moon, head of the Development Office (President), was appointed as the head of the IM Division's Wireless Business Division. Go Dong-jin, president of the IM Division, will continue to oversee both the Wireless and Network Business Divisions, focusing on creating synergy within the division, while No Tae-moon will take charge of the Wireless Business Division.
No Tae-moon, aged 52, is the youngest president at Samsung Electronics. He is a smartphone development expert who played a key role in creating the Galaxy legend at Samsung Electronics and is considered the successor to President Go Dong-jin. Born in 1968, he graduated from Yonsei University with a degree in Electronic Engineering and earned his master's and doctoral degrees in Electrical and Electronic Engineering from Pohang University of Science and Technology, making him a traditional engineer. After being appointed as a managing director in 2007, he rapidly advanced and was promoted from vice president and head of the Development Office to president in December 2018.
Samsung Electronics emphasized its intention to inject vitality by deploying "young leadership" to lead the global smartphone market. While maintaining the number one position in the global smartphone market thanks to the success of the Galaxy series, competition with Apple and Chinese manufacturers such as Huawei is intensifying daily in the stagnating smartphone market. Samsung faces the challenge of finding momentum for performance improvement in the rapidly changing global market while securing leading technologies such as foldable phones.
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Samsung Electronics stated, "President No, having served as head of the Wireless Development Office, has contributed to strengthening the global competitiveness of the mobile business based on his technological leadership. As a young leader at 52, he is expected to present innovative strategies and inject new vitality into the organization amid intensifying competition in the smartphone market."
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