Samsung recruits former Ericsson executive to step up its network business

Samsung Electronics reportedly hired two executives who have previously worked for Ericsson, a networking and telecommunications company headquartered in Stockholm, Sweden. They are said to be experts in their line of work and were hired to help strengthen the company’s network business.

Business insiders said on Sunday, Jan. 29, that Samsung Electronics formed a task force under its network business unit to manage its new trade blueprint. In connection with this, the South Korean firm hired experts to handle it.

As per The Korea Herald, Samsung Electronics appointed the former Ericsson strategic sourcing manager as the task force chief of the newly-created group. The South Korean firm also recruited Jo Mi Sun, who worked at the Swedish telecom firm as the head of sustainability and corporate responsibility. She will be responsible for finding new business lines and sales in Europe.

It was noted that prior to the formation of the task force team, the company also made some changes in its executive line-up last year. For instance, it has promoted Kim Woo June as president and head of the network business unit. Before his promotion, he was the senior vice president and head of products and business strategy,

Samsung also appointed its very first female president in its 53-year history. It has promoted Lee Young Hee, who became the president and head of the global marketing officer of its Device eXperience (DX) unit, which includes smartphones and consumer electronics.

Five other executives were named presidents of different company subsidiaries. All in all, Samsung has a total of 20 presidents who manage its various businesses.

Meanwhile, the changes took place as Lee Jae Yong officially assumed the position of chairmanship at Samsung. Since being pardoned by the government under the leadership of President Yoon Suk Yeol last year, Lee has been actively reorganizing the company to expand its network business and better compete with rivals.

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