Wednesday, December 2, 2015

Samsung JK Shin, the father of the Galaxy range, sacked – ZDNet France

So it will not have weathered the storm that shook Samsung in mobile. Jong-Kyun Shin, the cause of the Galaxy range and thus the success of South Korea, was sacked, decision making has been around for a year … Man “will remain behind the daily operations” explains modestly conglomerate.

The manager pays the price of failure on the last high-end smartphones of the group, including the Galaxy S5, which have resulted in historic losses for the electronics division of Samsung. Since many quarters, the group is caught between a dominant Apple in the high end and very aggressive Chinese manufacturers in the entry market.

The group, however, a little reversed the trend last quarter. Samsung has achieved a net profit of 4.8 billion,
  up 29.4% year on year. It is, however, less than forecast
 Korean, and down 5% from the previous quarter. Samsung
  attributes this increase (compared to 2014) of its profits to a
  progression “significant” in shipments of smartphones. The
 Manufacturer does not disclose the figure nonetheless.

But it is clear that the giant needs renewal today. This dismissal should therefore be accompanied by a strategic shift that could be played by Dongjin Koh, head of R & amp; D of the mobile industry. Innovation, especially around the flexible displays, might as well put the Samsung smartphones on track although it must be remembered, Samsung is still the world’s number one mobile.
 

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Key figures: Sales of smartphones

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