J.K. Shin to remain head of Samsung Mobile

J.K. Shin to remain head of Samsung Mobile
You might recall that last week, there were some rumblings going on at Samsung, in reference to a change at the top of the company's struggling mobile business. Expected to be removed from his current job as head of Samsung Mobile, was J.K. Shin. He also would be leaving his spot as co-CEO of Samsung. The rumor had fellow co-CEO B.K. Yoon replacing Shin. Since Yoon runs the appliances and television businesses at Samsung, it was hoped that he could bring new marketing ideas to the Mobile division.

But it looks like Shin will continue to have the key to the men's room at Samsung Mobile HQ, after all. A report published on Monday says that despite a 74% decline in telecom profits in October, the 58-year old executive will keep his post at Mobile, and remain one of the three co-CEOs of the Tech Titan. Besides the decline in profits, the company's global smartphone market share has declined to 24.7% from 35% in Q3, according to Strategy Analytics.

Shin has spent 30-years at Samsung, and has run the mobile business since 2011. Under his leadership, Samsung created the "Galaxy" line, and the company took over the top spot in global smartphone market share. But upstart competitors like Xiaomi are using pricing as a tool, to snatch business away from Samsung in certain markets.

source: Bloomberg

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10 Comments

1. TreyTreyTaylor

Posts: 725; Member since: Dec 21, 2010

Good to hear. This man single handedly sold me on a galaxy note 2 2 years ago and the Note 3 last year. No other phone can make me as happy My Note 4.

3. AnTuTu

Posts: 1580; Member since: Oct 14, 2012

I think they made a right decision. Shin will bring Sammy back on track.

2. simpleas

Posts: 196; Member since: Apr 30, 2014

Im with Trey. The Note series never let me down. I owned Note 2 and now the Note 4.

4. tiara6918

Posts: 2262; Member since: Apr 26, 2012

Great to see he is still on his position, he made samsung the company it is now. One declining year shouldn't make him leave his position

5. dimas

Posts: 3240; Member since: Jul 22, 2014

Shin should fire his whole marketing team. Make more consumer research and listen to people while making new practical innovations. And please junk the refrigerator design. If they can make S6 mini ditch the QHD, I'm gonna say goodbye waiting for Xperia Z4 compact.

6. Mube007

Posts: 260; Member since: Sep 24, 2013

yeah taking ugly s5 in hand actually they are getting wrose year after year except note series

7. Taters

Posts: 6474; Member since: Jan 28, 2013

I think they should have let him go. They have so many resources that are misused and they need someone that can use them more effectively.

8. Andrewtst

Posts: 696; Member since: Jan 25, 2009

I hope Shin is not the one approving the design (especially the Galaxy S series). If yes! Samsung you gonna continue fail in coming year 2015 until you select a different design group.

9. joey18

Posts: 647; Member since: Jul 20, 2010

they should remane galaxy with new the stars

10. engineer-1701d unregistered

i like spectra1 or stellar keeping with space names or astro

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