As most of you know, Samsung has been experiencing some difficulties matching the sales it had back in 2012. A new report suggests that this decline may result in a rearrangement of management.
J.K. Shin, the leader executive of Samsung, might be forced to step down. With what began with Samsung’s largest mobile prosperity at Shin’s hiring, has now begun slowing and analysts are predicting that even more declines are ahead for the Korean tech giant. Samsung’s mobile division remains on top of the global scale to date, however, profits are sinking and marketshare is slowly slipping away. Samsung Group Vice Chairman Lee Jae Yong (pictured above) is being forced to make a decision on whether to fire Shin or force him to move down.
The decision may be coming faster than we all think as the future of Samsung’s mobile division depends on it. Based on a report last week, Samsung may partner with Google to further stabilize and cutback on the company’s Touchwiz interface, which could ultimately better sales. Additionally, Samsung has a new strategy up its sleeve that brings flagship features to mid-range models. Whichever transition Samsung makes, it’ll be a major factor in keeping the company on track.
Source: Bloomberg
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