Samsung SDI and Electric Heads Also Replaced... 'Electronics Veterans' Choi Yoon-ho and Jang Deok-hyun Appointed (Comprehensive)

Samsung SDI President Jeon Young-hyun Promoted to Vice Chairman

[Image source=Yonhap News]

[Asia Economy Reporter Jeong Hyunjin] With all three top executives of Samsung Electronics replaced, most heads of Samsung Electronics affiliates such as Samsung SDI and Samsung Electro-Mechanics have also changed. This is evaluated as an appointment of professionals to strengthen business and technological competitiveness.

On the 7th, Samsung SDI announced the promotion of President Jeon Young-hyun to Vice Chairman and appointed Samsung Electronics President Choi Yoon-ho as the new CEO. Considering Vice Chairman Jeon's contribution to significantly growing the battery business and achieving record-high performance, he was promoted and is expected to contribute to nurturing successors by strengthening ESG (Environmental, Social, and Governance) management and transferring management know-how as the future chairman of the board.

President Choi, appointed as the new CEO, is regarded as a figure with global business expertise, having served as head of the Europe business management support team, executive in charge of the business support task force, and head of the company-wide management support office at Samsung Electronics. Amid the rapid growth of the global battery market and intensified competition among companies, Samsung SDI expects that President Choi, with his global business experience and business operation capabilities as a financial expert, will greatly enhance Samsung SDI's global business competitiveness.

Samsung SDI's new President Choi Yoon-ho (left) and Samsung Electro-Mechanics' new President Jang Deok-hyun. (Photo by each company)

On the same day, Samsung Electro-Mechanics promoted and appointed Samsung Electronics Vice President Jang Deok-hyun as the new CEO. This appointment came immediately after President Kyung Kye-hyun moved to become head of Samsung Electronics' Device Solutions (DS) division.

President Jang is a semiconductor development expert who has held positions such as head of the Memory Business Division's Solution Development Office, head of the System LSI Business Division's LSI Development Office, head of the SOC Development Office, and head of the Sensor Business Team. He is evaluated as having technological leadership in various products including memory and system semiconductors. Accordingly, Samsung Electro-Mechanics expects to grow into a global top component company with technological competitiveness in key products including multilayer ceramic capacitors (MLCC) through President Jang's inauguration.

Meanwhile, Choi Ju-seon, who became president of Samsung Display at the end of last year, was retained in this personnel reshuffle. He is expected to focus on securing future growth engines in the display market through the commercialization of Samsung's next-generation Quantum Dot (QD) displays, which began full-scale mass production this year.

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