my timesThe Korea Times
  1. Business
  2. Tech & Science

Samsung changes heads of S. America, Russia units

Listen
By Kim Yoo-chul
  • Published May 1, 2014 4:49 pm KST
  • Updated May 1, 2014 4:49 pm KST

By Kim Yoo-chul

Samsung Electronics said Thursday that it has replaced the heads of its South American and Russian operations.

"Presidents of Samsung's South American and Russian affiliates were recently replaced," said an official by telephone.

Chun Sung-ho and Lee Sang-chul had run the company's Russian and South American businesses. They had played key roles in boosting the firm’s share of the TV market before moving to the positions, according to officials.

Since March 2011, Chun has been managing the firm's Russian business, while Lee was named as the chief of South American business in late 2012.

The official said that presidents have been chosen and the appointments will be announced soon.

Samsung Electronics has 10 overseas sales affiliates in North America, Europe, China, the Russian Federation, South America, Southeast Asia, Middle East, Africa and West Asia in order to push customized business strategies according to markets.

The latest reshuffle comes as Samsung, the world's biggest vendor in smartphones, is seeking ways to sustain robust growth.

During the year-end annual reshuffle of senior posts, last year, Samsung previously replaced heads of its affiliates in Europe, Southeast Asia, the Middle East and North America.