Thursday, April 18, 2024

Samsung vice chairman quits amid leadership ‘crisis’

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Based on the earnings guidance Samsung has released for the third quarter of 2017, the Korean conglomerate is set to make a new record. It puts its operating profit for July to September at around $12.8 billion, almost thrice last years $4.6 billion. Despite the possibility of having the best annual earnings ever, not everythings A-OK for the chaebol. Samsung Vice Chairman Oh-Hyun Kwon has decided to step down and leave his positions as vice chairman, board chairman and member, as w…..
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