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Samsung Electronics Co-CEO Han Jong-Hee Dies At 63

LEADERSHIP News by LEADERSHIP News
1 year ago
in News
The late Han Jong-Hee

The late Han Jong-Hee

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Samsung Electronics co-CEO, Han Jong-Hee passed away on Tuesday from cardiac arrest, a spokesperson for the South Korean technology company has confirmed.

Han who was born in 1962 died at the age of 63.

According to the company, Han has overseen Samsung’s consumer electronics and mobile devices businesses since 2022.

He was named Samsung Electronics vice chairman and co-CEO in 2022.

Han’s co-CEO, Jun Young-Hyun, heads the firm’s semiconductor business.

In an internal message seen by reporters, Samsung paid tribute to Han, saying he had dedicated more than 37 years of his life to leading Samsung’s TV business to become a global leader.

As the head of its electronics and appliances businesses, he also contributed to the company’s growth amid a “challenging business environment.”

“Our deepest condolences are with his family and loved ones during this difficult time,” the message said.

Samsung has faced significant headwinds in recent years; during an annual meeting with investors last week, which he chaired, Han apologised for Samsung stock’s performance and warned of a difficult 2025 due to uncertainties around the economic policies of major economies.

He added that Samsung would seek “meaningful” mergers and acquisitions deals this year to support the company’s growth.

“There are some difficulties in doing semiconductor M&As due to regulatory issues and various national interests, but we’re determined to produce some tangible results this year,” he said.

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Han joined the company in 1988 after earning a bachelor’s degree in Electrical Engineering from Inha University.

Prior to overseeing Samsung’s electronics and devices division, Han had managed the organisation’s display operations.

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