Samsung Co-CEO Jong-hee Han Dies Suddenly

Samsung Electronics Vice Chairman and Co-CEO Jong-hee Han died suddenly of a heart attack at age 63, according to Reuters and CNBC. Han joined Samsung in 1988, leading the visual display R&D in 2011 before heading the TV business. In 2021, he took the helm of Samsung DX, encompassing mobile and consumer electronics, and became Co-CEO in 2022. Despite lacking mobile experience, he oversaw 15 years of global TV sales leadership. Just a week before his death, he apologized at the shareholder meeting for poor stock performance and the company's inadequate response to the AI semiconductor market, acknowledging regulatory hurdles in semiconductor M&A but promising tangible results this year. Following his passing, his co-CEO, Young-Hyun Jun, is now Samsung's sole CEO.