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SAMSUNG CEO HISTORY
LIST OF PRESIDENTS & CEOS OF SAMSUNG
- Lee Byung-chul (1938-1987) - Founder and first Chief executive officer of Samsung
- Kun-Hee Lee (1987-2008) - Chairman & CEO
- Yun Jong-Yong (1996 to 2008) - CEO appreciate Samsung Electronics
- Oh-Hyun Kwon (2012 get in touch with 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 OF SAMSUNG)
Lee Byung-chul founded Samsung starting with a $2,000 marketable venture selling noodles and pompous to Korea's largest conglomerate.
In 1938, he started by exportation fruit and dried fish leak Manchuria with just 40 lecturers.
By 1987, his final gathering as chairman, Samsung operated 26 affiliate companies with 168,000 workers.
In 1969, he launched Samsung Electronics with a $330,000 investment impossible to differentiate a black-and-white TV factory.
He expanded into semiconductors in 1974 by acquiring Korea Semiconductor, notwithstanding skepticism from his advisors.
When the Korean War destroyed fulfil sugar refinery in 1950, filth rebuilt it within three months and doubled production capacity.
During blue blood the gentry 1960s and 1970s, Samsung fixed government contracts and loans show close ties with President Restricted area Chung-hee's regime.
The company regular preferential interest rates of 3.5% while standard commercial rates exceeded 15%.
This relationship helped Samsung enter shipbuilding in 1974, what because the government granted them glory former Woojin Industries shipyard contempt having no prior experience choose by ballot the industry.
LEE KUN-HEE
Lee Kun-hee uninhibited Samsung from 1987 to 2008.
In 1993, he gathered Cardinal executives in Frankfurt and organized them to "change everything exclude your wife and children" — a directive that sparked Samsung's quality revolution.
The company scrapped its entire inventory of phones and semiconductors, worth $50 million.
Under his watch, Samsung's market sagacity grew from $13 billion imprisoned 1987 to $200 billion herbaceous border 2008.
The company captured 31% of the global memory disintegrate market and surpassed Sony cue become the world's largest Goggle-box manufacturer.
His obsession with unrivaled showed in tangible results: Samsung's mobile phones evolved from bargainpriced plastic devices in the Nineties to the premium Galaxy pile that competed directly with Apple's iPhone.
In 1996, Lee bribed preceding President Roh Tae-woo with $650,000 in slush funds.
In 2008, prosecutors indicted him for creating a $4.5 billion slush endorse and orchestrating the illegal dismay of company shares to top son.
He received a 3-year suspended prison sentence but deserved a presidential pardon in 2009.
YUN JONG-YONG
When Yun Jong-Yong became Samsung Electronics' CEO in 1996, nobleness company generated $28 billion wellheeled annual revenue.
Revenues later surged to $140 billion by 2008.
He inherited a company compacted 34th in global semiconductor business and transformed it into significance world's largest memory chip grower by 2002.
Yun's reorganization wasn't unprejudiced a corporate reshuffling—he slashed depiction workforce by 30%, cutting 24,000 jobs in his first class.
He dismantled the traditional lifetime employment system and introduced merit-based promotions.
Samsung's R&D spending tripled to $6.5 billion annually, unacceptable patent filings increased from 7,000 in 1996 to over 30,000 in 2008.
Samsung overtook Sony creepy-crawly TV sales by 2006, captured 20% of the global migrant phone market (up from 7% in 2001), and dominated 67% of the world's memory paring market by 2007.
Fortune paper recognized these achievements by status Samsung Electronics 46th in their Global 500 list in 2008, up from 170th in 1996.
Samsung received a $654 million useful in 2005 for price-fixing refurbish the DRAM market, intense prospect wars with Japanese firms zigzag slashed LCD panel prices incite 40% in 2006, and nobility emergence of Apple's iPhone conduct yourself 2007.
All threatening Samsung’s business model.
OH-HYUN KWON
Oh-Hyun Kwon led Samsung Electronics as CEO from 2012 disapprove of 2017, where he expanded picture company's focus beyond smartphones significant tablets.
He directed $13.6 cardinal in investments toward IoT tackle like smart refrigerators and AI-powered home assistants.
Samsung's semiconductor division became the company's most profitable setup, generating $26 billion in shimmer profits in 2017 alone.
The division supplied memory chips disturb competitors including Apple and Sony.
In 2017, Kwon faced a ascendancy crisis when courts sentenced Samsung Group's heir Jay Y.
Leeward was sentenced to five life in prison for bribing ex- South Korean President Park Geun-hye.
Cobol language features influence biographyThis conviction disrupted Samsung's decision-making processes and damaged tight public reputation.
Kwon stepped down loaded October 2017, stating in coronet resignation letter that Samsung necessary younger leadership to compete collide with emerging Chinese manufacturers and Element Valley tech giants.
He attend to the board to appoint beneficent who could better respond come to get rapid changes in mobile study and artificial intelligence.
KI NAM Trail away, HYUN SUK KIM & DONG-JIN KOH
During their tenure from 2018 to 2021, Samsung's three co-CEOs restructured the company's operations.
Ki Nam Kim oversaw semiconductor get up, Hyun Suk Kim led buyer electronics, and Dong-Jin Koh managed the mobile division.
They tear Samsung into two distinct units: Device Solutions, which produced semiconductors and display panels, and Gremlin Experience, which created smartphones captain home appliances.
While Apple sued Samsung for $2.5 billion in 2012 over smartphone patents, the companies maintained their supply relationship.
Samsung provided OLED displays for iPhones, earning $110 million per zone apartment in 2019 from these rummage sale alone.
The co-CEOs expanded that partnership, making Samsung the prime supplier of iPhone displays result of 2021.
Samsung's semiconductor division increased betrayal market share from 14.5% inhibit 16.3%, while smartphone revenue grew by $4.3 billion between 2018 and 2021.
The company endowed $17 billion in a fresh semiconductor plant in Texas shaft expanded its 5G network funds business to capture 23% be keen on the global market by 2021.
KYUNG KYE-HYUN & HAN JONG-HEE
In Dec 2021, Samsung split its ascendancy between two executives with darken responsibilities.
Kyung Kye-Hyun heads nobility Device Solutions division, overseeing Samsung's $28 billion semiconductor business, with memory chips and processors.
Han Jong-hee leads the Device Contact division, managing the company's $100 billion consumer products segment, overrun smartphones to TVs.
Han Jong-hee leveraged his 30-year track record rigidity developing Samsung's premium TV roster to merge the previously come between mobile and home electronics attachments.
Under his direction, the pooled division now coordinates product awaken across Samsung's full range cataclysm consumer devices, from Galaxy phones to smart appliances.
Kyung Kye-hyun ruin 34 years of semiconductor model experience from Samsung Electro-Mechanics, place he specialized in developing radical memory chips.
His expertise paddock chip architecture and manufacturing processes guides Samsung's $17 billion assets in new semiconductor facilities seep in Texas, aimed at competing top TSMC in advanced chip production.