Jang Won-gi, Former Samsung President, Withdraws China Trip... "Won't Cause Unnecessary Misunderstandings"

[Asia Economy Reporter Koo Eun-mo] Jang Won-gi, former president of Samsung Electronics who was recruited as vice chairman of a Chinese semiconductor and display company, has withdrawn his move to China. It is reported that he felt burdened and gave up going to China amid controversies over technology and personnel leakage.

According to industry sources on the 16th, Jang, who had been appointed vice chairman of Chinese system semiconductor company Eswin, resigned from the company. Earlier, Wang Dongsheng, founder of China's largest display manufacturer BOE and general manager (chairman) of Eswin, established the company in February and recruited Jang, with whom he had a long-standing friendship, as vice general manager (vice chairman).

Jang joined Samsung Electronics' semiconductor division in 1981 and served as executive vice president and president of the LCD division. From late 2011, he served as president of Samsung Electronics China headquarters and head of the China strategy cooperation office before retiring in 2017. Since Jang was a figure who had long been involved in the domestic industry and it was unusual for a Samsung president-level executive to move to China, there was controversy over the leakage of key personnel and technology to China.

It is reported that Jang joined Eswin due to his personal friendship with Chairman Wang Dongsheng and his role was advisory on management strategy, but he felt a great burden regarding the connection of his joining to domestic technology and personnel leakage and thus resigned.

Jang reportedly expressed, "I have long left the field and retired from Samsung several years ago, so I am unrelated to personnel and technology leakage, but it is painful and burdensome that unnecessary misunderstandings and controversies arise in my home country."

This content was produced with the assistance of AI translation services.