Samsung Electronics appoints new chief for chip business (updated)

Samsung SDI

21/05/2024 01:32

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       SEOUL, May 21 (Reuters) - Samsung Electronics
 005930.KS  said on Tuesday it has appointed Young Hyun Jun as
the company's new chief for its semiconductor unit. 
    "This is a preemptive measure to strengthen the future
competitiveness," Samsung Electronics said in a statement.
    The South Korean technology giant said that Jun, a former
chief executive at Samsung's battery arm Samsung SDI  006400.KS 
and former executive at Samsung Electronics' memory chip
business, would help the company overcome the "chip crisis" with
his management know-how. 


 (Reporting by Heekyong Yang and Ju-min Park; Editing by
Muralikumar Anantharaman, Ed Davies)
 ((Heekyong.Yang@thomsonreuters.com;))