Samsung Electronics announced the death of co-CEO Han Jong-hee due to a heart attack, leaving newly-appointed boss Jun Young-hyun solely in charge. Han, aged 63, became CEO in 2022 and was responsible for the consumer electronics and mobile devices division. Following Han’s passing, Jun will be the sole CEO. Han joined Samsung nearly 40 years ago and was pivotal in making Samsung’s TV business globally influential. His absence may impact long-term business strategies, particularly in marketing. Additionally, it could affect Samsung’s efforts to improve its home appliance division amidst trade uncertainties. At a recent shareholder meeting, Han acknowledged the company’s failure to adequately respond to the rapidly evolving AI semiconductor market. — news from Reuters