Samsung Overhauls Chip Leadership to Regain AI Market Ground

The company appoints new leaders for its memory and foundry divisions after falling behind competitors in advanced semiconductor technology.

Jun Young-hyun has been promoted to co-CEO and head of Samsung's memory chip business, taking direct control of the division to address strategic challenges.
Han Jin-man, previously overseeing U.S. semiconductor operations, has been named president and head of the foundry business in a move emphasizing the importance of American customers.
Nam Seok-woo steps into the newly created role of Chief Technology Officer for the foundry division, highlighting a focus on technological advancements in semiconductor manufacturing.
Samsung has faced delays in producing high-bandwidth memory (HBM) chips, losing ground to competitors like SK Hynix and Micron in the AI chip market.
The reshuffle follows a rare corporate apology for missed opportunities in AI-related technologies and investor concerns over declining competitiveness and profits.