SEOUL – Samsung Electronics announced Monday it has installed new leadership for its television division, marking the first such change in more than two years as the South Korean technology giant grapples with intensifying pressure from Chinese competitors both domestically and internationally.
The company revealed that Lee Won-jin, formerly leading the Global Marketing Office, will now oversee the Visual Display Business division. He takes over from Yong Seok-woo, who transitions into an advisory role within the organization.
The timing of this leadership transition stands out, as Samsung typically conducts its yearly executive reorganization in December. Company officials have not provided specific reasons behind this mid-year personnel change.
