(From left) Jun Young-hyun, head of the semiconductor (DS) division and memory business unit, and Roh Tae-Moon, head of the mobile and appliances (DX) division and MX business unit. /Courtesy of Samsung Electronics

Samsung Electronics disclosed on the 28th a change of "chief executive officer (chief executive director)" to newly appoint President Roh Tae-Moon as CEO after board approval. With this, Samsung Electronics completed a two-CEO system led by CEO (Vice Chairman) Jun Young-hyun, head of the Device Solutions (DS) division, and President Roh.

Earlier, on the 21st, Samsung Electronics announced its 2026 executive appointments, saying it would appoint President Roh, who had been acting head of the institutional sector following Vice Chairman Han Jong-hee's vacancy at the end of March, as head of the institutional sector and CEO.

On the same day, Samsung Electronics also disclosed that it will contribute 200 billion won to "secure new growth momentum through mid- to long-term artificial intelligence (AI) innovation technology sensing." It will join the New Technology Business Investment Association (SVIC No. 76) formed by Samsung Venture Investment Corporation, with enrollment scheduled for next month, and will pay in from time to time when investments occur over the 10-year term of the fund. In addition to Samsung Electronics, five major affiliates—Samsung Display, Samsung SDI, Samsung Electro-Mechanics, Samsung SDS, and Samsung Venture Investment—will each contribute 20 billion won, for a total of 100 billion won.

Also, Samsung Electronics disclosed that it will grant 10.35 billion won as a year-end donation to the Community Chest of Korea.

※ This article has been translated by AI. Share your feedback here.