Han Jong-Hee, the co-CEO of Samsung Electronics, passed away from respiratory arrest at the age of 63, a firm spokesperson confirmed on Tuesday.
Han, who was born in 1962, has been in charge of Samsung’s consumer devices and portable device organizations since 2022. Along with Jun Young-Hyun, the company’s semiconductor division, he was appointed vice president and co-CEO in the same year.
Samsung has been struggling to keep up with Taiwan Semiconductor Manufacturing Company ( TSMC) in the quest for cutting-edge chip production and prestigious clients with Han’s passing.
Han warned of a difficult 2025 due to the uncertainty in major areas just last week during an annual conference with buyers. He also made it clear that Samsung intends to do “meaningful” mergers and acquisitions this year to promote development.
Due to regulatory concerns and several national interests,” we’re determined to make some tangible results this time,” Han said, according to Reuters,” as there are some difficulties in doing silicon M&.”
Han left Inha University to pursue an electrical engineering degree in 1988. He played a significant role in the show organization of the business before taking over the gadgets and devices department.
Samsung credited Han with establishing its TV enterprise as the engine that propelled it to the top of the global marketplace in 2006 and continuing to dominate ever since.
He “played a crucial role in taking Samsung’s TV company to the height of the international market in 2006 and keeping it there ever since,” according to the business in a biography released last month.
Han was “central” in the development of Samsung’s Lead TVs and other products, which improved the company’s standing as a modern leader.
