Tuesday, December 1, 2015

Threatened by Apple, Samsung commits maneuvers – Le Figaro

A victim of poor results, the CEO in charge of the mobile division was sidelined on succession war background. Lee Jay-yong is best placed to face her sisters to take over from his father, sick, head of the Korean conglomerate. The group is preparing an offensive on the healthcare market.

Shaken, the Samsung empire prepares over. Threatened by the Apple icon, followed closely by the Chinese low-cost giant South Korean electronics injects new blood and prepares the emergence of the heir Lee Jay Yong. This son of the patriarch will be charged to revive the flagship of the family conglomerate, Samsung Electronics.

The world’s leading smartphone announced Monday a broad reshuffle placing on JK Shin button, the CEO in charge the mobile division still spearheads the group, but whose profits fell by 38% in the second quarter. The man who presided over the most beautiful years of growth keeps his title but removes the management unit for this critical focus “to the long-term strategy,” according to a statement. “This is a retirement smoothly. It’s a good thing, “Judge Chang Sea-jin, a professor at the National University of Singapore and author of a reference book on Samsung.

At the headquarters of Suwon, the leader is on trial for having misjudged the global demand Galaxy S6 Edge, leading to a decline in operating profit from the business in the second quarter. Same fate for his counterpart in charge of home electronics, Boo-Keun Yoon. (…)

Read the full this in Le Figaro to be published Wednesday, December 2, and on the web, mobile and tablets for Premium subscribers Figaro

“The Samsung empire in search of a new life
” The smartphone market dangerous trap
“The health group’s new frontier

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