Han Jong-Hee, the co-CEO of Samsung Electronics, has passed away at the age of 63 due to cardiac arrest. He had been one of the key leaders of the company, guiding its consumer electronics and mobile device businesses since 2022.
A Long Career at Samsung
Han joined Samsung in 1988 after completing his degree in electrical engineering from Inha University. Over 37 years, he worked his way up and became a major force behind Samsung’s success in the TV business. He also led the electronics and home appliances division, helping the company grow even during difficult times.
His Key Contributions
Han played a major role in introducing Samsung’s LED TVs and other innovations. These advancements helped the company stay ahead in technology and gain a strong reputation worldwide.
Samsung’s Message of Tribute
In an internal message, Samsung expressed deep sadness and respect for Han. The company acknowledged his years of dedication and leadership. They shared condolences with his family and thanked him for his contributions.
No Successor Announced Yet
At this time, Samsung has not announced who will take over Han’s position. His co-CEO, Jun Young-Hyun, continues to lead the semiconductor division.
Recent Challenges for Samsung
Samsung has been facing tough competition, especially in the semiconductor business. It is behind Taiwan Semiconductor Manufacturing Company (TSMC) in making advanced chips and securing big clients.
Han’s Final Message to Investors
Just last week, Han led an annual meeting with investors. He apologized for the weak performance of Samsung’s stock and warned that 2025 could be difficult due to global economic uncertainties. He also shared that the company plans to focus on mergers and acquisitions this year to support future growth.
Looking Ahead for Samsung
While there are challenges with global regulations and national interests, Han had expressed determination to achieve meaningful progress in 2025. Samsung will now continue to move forward without one of its strongest leaders.