Samsung announced the resignation of the President of the mobile division of the company Jay Kay Bus. He will be replaced by Dong Jin Koch, who previously directed the division of research and development.
Personnel shifts have followed a two-year drop in profits of the mobile division. As the world’s largest smartphone maker company Samsung since April last year, has lost more than $50 billion in market value amid disappointing sales of the smartphone Galaxy S6. The share of Samsung in the global smartphone market in the third quarter fell by more than 3%, and the company lost its status as the largest in terms of sales in the Chinese market.
Last year it was reported that Samsung reduces the salary of the Dong Gina Koch. The remuneration of the Manager for the third quarter did not exceed $630 000, while in the second quarter he received $1.5 million in the first quarter he was paid $8.8 million This way, together with the performance of Apple’s lost revenue head of mobile units Samsung. And now Samsung has decided to remove Jay Kay Bus from his post.
The top Manager will transfer the operational management of the business Samsung the new President of Dong Jin Koch. The wound he was head of the division of research and development. Koch played a key role in the creation of the latest products from the South Korean brand, including the Galaxy S6 and Galaxy Note 5, and now will seek to improve the financial performance of all mobile business and return to its former position in the market.
Earlier it was reported that Samsung is planning to lay off every third employee mobile units.
