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Source: AFP
Samsung Electronics co-CEO Han Jong-hee, credited with boosting the South Korean tech giant's television concern connected the planetary stage, died of a bosom onslaught Tuesday aged 63, the institution told AFP.
"He died from cardiac apprehension today," a Samsung spokesperson said, adding that Han was survived by his woman and 3 children.
Han joined Samsung successful 1988 and was seen arsenic having played a cardinal relation successful getting its high-end TV sets noticed worldwide.
"Han was cardinal successful the unveiling of Samsung's world-class LED TVs," the steadfast said successful a institution biography published earlier this month.
"His galore different innovations enabled the institution to continually show its technology leadership," it added.
Han was credited by the institution with taking Samsung televisions "to the pinnacle of the planetary market" -- and keeping them there.
Samsung Electronics is the flagship subsidiary of South Korean elephantine Samsung group, by acold the largest of the family-controlled conglomerates that predominate Asia's fourth-largest economy.
Han was not portion of the Samsung family, which inactive dominates the company, with third-generation person Lee Jae-yong the existent main of Samsung Electronics.
Han's decease could woody a stroke to Samsung's strategy to support its fig 1 spot successful the planetary TV market, Kim Dae-jong, prof of concern medication astatine Sejong University successful Seoul, told AFP.
"Considering helium has been profoundly progressive successful Samsung's TV concern for decades, helping it firmly unafraid its planetary standing, his lack could impact its planetary strategy for years to come."
Samsung, similar different TV titans LG and TCL, has been packing ever much AI into immense screens that are inching towards being integer assistants susceptible of chatting with users and different devices successful homes.
AI headwinds
Han's decease besides comes arsenic the world's largest memory-chip shaper faces concern headwinds successful its contention to nutrient chips utilized successful artificial intelligence.
Analysts person said Samsung was struggling to conscionable request for chips utilized successful AI servers, particularly from US titan Nvidia.
Meanwhile, section rival SK hynix has go the US giant's main supplier of high-bandwidth representation (HBM) chips for its AI graphics processing units.
The challenging conditions prompted Samsung Electronics president Lee to state that the institution indispensable follow a "do-or-die" mindset to face the challenges posed by AI, according to media reports past week.
Samsung acknowledged successful October that it was facing a "crisis", admitting that questions had arisen astir its "fundamental technological competitiveness and the aboriginal of the company".
At the company's wide gathering of shareholders past week, the past nationalist lawsuit Han attended, helium besides noted that the institution would request caller momentum to summation an borderline successful the competitory AI field.
"We volition proceed to pioneer successful assorted areas specified arsenic robotics, medtech and next-generation semiconductors to unafraid caller maturation momentum," helium told the meeting.
Samsung's operating nett sank astir a 3rd successful the 4th fourth past year, owing to spending connected research.
Samsung's struggles travel arsenic the tech satellite has been shaken by quality of DeepSeek caller R1 chatbot, which sparked a rout successful tech titans earlier this twelvemonth and raised questions astir the hundreds of billions of dollars invested successful AI successful caller years.
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Source: AFP
