Samsung Elevates Chip Division Chief While It Preps a Comeback
- Jun Young-hyun takes on more responsibility in the business
- Samsung is trying to catch Hynix in the AI memory chip space
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Samsung Electronics Co. granted more responsibility to its chip business head just six months after the executive took the helm, a signal of the company’s resolve to catch SK Hynix Inc. in the AI market.
Jun Young-hyun, appointed in May to lead the semiconductor division, now also takes on the role of co-chief executive officer. That grants him direct oversight of the department’s day-to-day operations. He will personally oversee the memory division, an unusual move as the job typically falls to an executive who reports to him.