Samsung already has a new team of leaders

South Korean tech giant Samsung has announced a new leadership team that will consist of three new co-CEOs. These new CEOs of the company, Kim Ki-nam, Kim Hyun-suk and Koh Dong-jin, will replace the current CEO of Samsung Electronics, Kwon Oh-hyun, who unexpectedly announced in early October his intention to resign the position. arguing that the company needed new leadership for a period of "unprecedented crisis."

The three heads of Samsung

Each of the new co-CEOs will be responsible for a predefined business area. In this sense, Kim Ki-nam will be in charge of leading the components business, while Kim Hyun-suk will be responsible for reviewing the consumer electronics business and finally, the increasingly popular DJ Koh (Koh Dong-jin) will be in charge of mobile technology and information technology (IT).

Koh is a very popular figure, easily recognizable by anyone who has seen the announcements of new company phones in recent years. In fact, DJ Koh has been the de facto leader of the mobile division since 2015 and will now officially take over. Under his management, the mobile division has reached highs like the launch of the Galaxy S7, but also the great debacle of the Galaxy Note 7.

The news of the reorganization of the company's leadership comes just as Samsung has released its financial results for the third quarter of 2017 in which the company has achieved more than $ 13 billion in benefits corresponding to $ 55.4 billion in revenue. Thus, this quarter's earnings represent a new record for Samsung.

Despite the Galaxy Note 7 crisis, the company has proven to be able to recover quickly with the launch of the Samsung Galaxy S8 and Galaxy S8 Plus, followed by the Galaxy Note 8. But in addition, the rest of the company has also demonstrated its Strength as the main driver of this quarter's record profits is the semiconductor business, whose profits soared nearly 200% thanks to strong demand not only for its own mobile devices, but also for rivals like Apple.