[Click eStock] "Samsung Electronics Executive Team Reshuffle Focuses on Semiconductor Revamp and Technology"

On the 28th, KB Securities evaluated the Samsung Electronics executive reshuffle carried out the previous day, stating that it "focused on semiconductor innovation and technology."

The Samsung Electronics executive reshuffle involved the promotion of 2 individuals and job changes for 7 others. Dongwon Kim, a researcher at KB Securities, said, "The key feature of this Samsung executive reshuffle appears to be centered on innovation in the semiconductor (DS) division and strengthening technological capabilities." It is expected that Younghyun Jeon, head of the DS division, will concurrently serve as president of the memory business unit and prioritize semiconductor research and development, while Jinman Han, vice president overseeing semiconductors in the Americas, was promoted to president of the foundry division and is anticipated to focus on improving utilization rates through acquiring new customers.

The semiconductor (DS) strategy includes the promotion of Yongkwan Kim as president, bringing in Samsung’s strategic expert to present a new overall semiconductor strategy, strengthen cooperation with Nvidia, and expand new foundry customers. Vice Chairman Hyunho Jung of the Business Support TF and Vice Chairman Jonghee Han of DX (Set) were also retained. President Taemoon Noh of Mobile (MX) and President of the Network (NW) business unit were both retained, indicating no strategic changes in the mobile division.

Researcher Kim stated, "In 2025, the memory semiconductor market is expected to experience price disruptions due to increased inventory of general-purpose memory centered on mobile and PC until the first half of next year, as well as increased supply from Chinese memory manufacturers, whereas AI memory will continue to face tight supply of HBM, leading to polarized demand. The pace of reduction in general-purpose memory inventory will likely determine the supply-demand direction of the memory semiconductor market in the second half of next year."