Han Jong Hee, co -executive head of Samsung Electronics, who is credited with developing the Korean group to the best electronics company in the world. It was 63.
A spokesman for the company said that the CEO died on Tuesday after suffering from a heart attack earlier. He survived his wife and three children. Samsung’s shares initially decreased before recovering the losses in Seoul.
Han, an old warrior in the company, started his career in the show department for more than three decades, a key role in removing Japanese competitors such as Sony Group Corp.
“His contribution to consumer electronics works cannot be exaggerated,” said Sangev Rana, an analyst at CLSA Securities Korea. “Under his leadership, Samsung TV has mainly maintained the very strong market site over the past two decades.”
Rana said that Han played a “comprehensive supervisory role” on the company’s smartphone business, head of the Samsung mobile department, TM ROH, with a pioneering role.
Han’s personal slogan “Al -Abi No. 1” was known for its strong morals and its determination to overcome the challenges, which is the embodiment of the Samsung culture.
After his promotion to the Vice Chairman in 2021, the so -called hardware experience department, the supervision of Samsung TV, home appliances and smart phone companies led.
Recently, Han took over the efforts made to integrate artificial intelligence into most Samsung products in anticipation of a mutation in the features of artificial intelligence for daily use. Under his leadership, the company installed artificial intelligence chips in its refrigerators, washing machines and vacuum cleaners.
During an interview with Bloomberg News in January, Han emphasized the unique Samsung mode on the market as a leader not only in mobile devices but also home appliances to accelerate smart home technology around the world. He said that Samsung wants to connect the devices you sell better every year every year to help compensate for the errors that cost it to the adult technology competitors in areas such as the upper memory and the gym.
His death comes at a decisive turn of the company. The rapid height of the brands of Chinese electronics, which provides competitive features at low prices, is a major threat to market domination in Samsung. The Korean company is also trying to catch SK Hynix Inc.
Last week, Han presided over Samsung’s annual shareholders and talked about the challenges facing the company. He told investors that the year 2025 would be a difficult year, but the company will follow the integration and acquisitions to address growth concerns.
Han participated in leadership duties with Vice Chairman John Yong Hyun, who took over the company’s pivotal conductors. Han was responsible for everything else in the huge electronics manufacturer.
“In the end, our goal is to create new products that people have not previously experienced,” Bloomberg News told Bloomg News.
This story was originally appeared on Fortune.com
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