A man walks past the Samsung logo displayed on a glass door at the company's Seocho building in Seoul on April 7, 2023.
Samsung Electronics said on Tuesday it has appointed Young Hyun Jun as the company's new chief for its semiconductor unit.
"This is a preemptive measure to strengthen the future competitiveness," Samsung Electronics said in a statement.
The South Korean technology giant said that Jun, a former chief executive at Samsung's battery arm Samsung SDI and former executive at Samsung Electronics' memory chip business, would help the company overcome the "chip crisis" with his management know-how.
Persons:
Young Hyun Jun
Organizations:
Samsung, Samsung Electronics, Samsung SDI
Locations:
Seoul, Korean