Samsung promotes son and heir closer to top job


HEIR APPARENT: Samsung Electronics Co pushed the anointed heir of the company chairman, Jay Lee, closer to the top job as it cemented a global lead in smartphones with a stock price that is close to record highs. — Reuters

SEOUL: Samsung Electronics Co pushed the anointed heir of the company Chairman closer to the top job on Wednesday as the company cemented a global lead in smartphones with a stock price that is close to record highs.

The promotion of the snappily-dressed and bespectacled Jay Y. Lee, aged 44, to the job of vice-chairman comes after Samsung marked the 25th anniversary of his father Lee Kun-hee's chairmanship last week.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Japan to levy big fines with new app rules
Inside Big Tech’s underground race to buy AI training data
Facebook scams demand stricter online rules, Japan lawmaker says
A Chinese firm is America’s favourite drone maker – except in Washington
Alphabet, Microsoft shares jump as investors cheer AI investment
Snap shares jump nearly 30% after Q1 beat
Rescue pup to meme star: The real-life ‘Dogecoin’ dog
Elon Musk is once again richer than Mark Zuckerberg as fortunes reverse
GPS bracelet places 18-year-old at the scene of 11 different break-ins, US cops say
Cat hides in Amazon return package – then ends up in California 700 miles from home

Others Also Read