Samsung Electronics to merge mobile and consumer electronics divisions

Samsung Electronics will merge its mobile and consumer electronics divisions, Reuters reports.

Samsung Electronics also named new co-CEOs in its biggest reshuffle since 2017.

The head of visual display business, Han Jong-hee, was promoted to vice chairman and co-CEO, and will lead the newly merged division spanning mobile and consumer electronics as well as continuing to lead the TV business.

Kyung Kye-hyun, CEO of Samsung Electro-Mechanics was named co-CEO of Samsung Electronics and will lead the chip and components division.

Other high-profile promotions included naming as vice chairman Chung Hyun-ho, the head of a “task force” which analysts said is a central coordination unit for decision-making in Samsung Electronics and affiliate companies.


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