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Samsung Electronics appoints new chief for chip business

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Samsung Electronics appoints new chief for chip business

A man walks past the Samsung logo displayed on a glass door at the company’s Seocho building in Seoul on April 7, 2023.

Jung Yeon-je | Afp | Getty Images

Samsung Electronics said on Tuesday it has appointed Young Hyun Jun as the company’s new chief for its semiconductor unit.

“This is a preemptive measure to strengthen the future competitiveness,” Samsung Electronics said in a statement.

The South Korean technology giant said that Jun, a former chief executive at Samsung’s battery arm Samsung SDI and former executive at Samsung Electronics’ memory chip business, would help the company overcome the “chip crisis” with his management know-how.

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