The "crisis" alluded to in the letter has largely been read as a reference to the imprisonment of Samsung's de facto leader Lee Jae-yong on bribery and corruption charges. Oh-Hyun Kwon will leave not only that post but also his positions as CEO of Samsung Display, head of the company's components arm, and Vice Chairman.
Mr Choi Gee Sung, Lee's mentor, quit earlier this year for his alleged role in the bribery scandal, and Samsung Electronics now needs to fill several more key roles with Mr Kwon's exit.
Kwon is stepping down as head of Samsung Electronics' device solutions division, which includes the semiconductor business, and will not seek re-election as a member of the company's board when his term ends next March. "It has not been an easy decision, but I feel I can no longer put it off", Kwon said in an English statement.
Experts equally noted that the company was making record earnings right now, but this is the fruit of past decisions and investments and that the firms are not able to even get close to finding new growth engines by reading future trends right now.
HMD Global Confirms US Launch Of Nokia 8 Not Happening In terms of innards, the Nokia 9 is said to be powered by Snapdragon 835 SoC that would be coupled with 4 GB RAM . The Nokia 9 will apparently sport a 5.5-inch display with very slim bezels and a curved glass panel on the front.
"I am anxious about a leadership vacuum at a time when Lee is absent from management", said Mr Chung Sun Sup, chief executive of research firm Chaebul.com, following Mr Kwon's announcement. "Nobody wants to be the chief of Samsung at a time like this; it's too risky", said Park. Kwon's departure from Samsung makes way for a new management that can finish the company's delayed reshuffle of its top executives. It's also seeking to release a phone with a bendable display next year to tighten the lead with Apple and fend off challenges from Huawei, Oppo and other Chinese rivals.
Yet, Kwon insists that the strong profits don't reflect the current state of the company. The leadership shakeups appear to have had little impact on Samsung's business, however, with the company forecasting a banner third quarter of $12.81 billion in operating profit.
Despite posting record revenue for the quarter, electronics giant Samsung is struggling.
Canadian-born actor Anna Paquin welcomed any men who wish to show their support under the trending hash tag #WomenBoycottTwitter . McGowan said late Wednesday that Twitter had suspended her from tweeting after the social media company said she broke its rules.
If confirmed, such a hack would be a major blow for South Korea at a time when its relations with North Korea are at a low point. The South Korean defence ministry has so far refused to comment on the breach , which reportedly dates back to last September.
His remarks and the tension around NAFTA helped push the peso down 1 percent against the US dollar to a five-month low. In 2011, Mexico successfully used targeted tariffs on USA goods such as pork and cheese to win a dispute over trucks.
The Red Sox will counter with Drew Pomeranz, who won a career-high 17 games and posted a 3.32 ERA during the regular season. Tanaka pitched a stellar outing in Game 3 of the ALDS against the Indians when the Yankees were facing elimination.
Developers can build using the Oculus Rift , and simply show off their efforts to others with the Oculus Go on the fly. This week, Facebook confirmed that the Oculus Go, a new, standalone VR headset, was on its way in early 2018 .
However, it was kept secret on both sides of the Atlantic over fears her 12-year-old son Jojo may have also died in the blast. British IS recruiter Sally-Anne Jones, dubbed the White Widow, is understood to have been killed in a USA drone strike.
Ross Cockrell entered the game when the Giants used their nickel sub-package, bumping Rodgers-Cromartie back inside. The New York Giants suspended former Lakewood Ranch High standout Dominique Rodgers-Cromartie on Wednesday.
Hamas: Deal reached with Palestinian rival Fatah
Hamas seized Gaza from Fatah in a near civil war in 2007 and the two factions have been at loggerheads ever since. An Egyptian source close to the talks said intelligence chief Khaled Fawzi had followed the negotiations closely.
Liverpool Star Coutinho Claimed to Have Made Secret Deal
According to The Mirror , Barcelona are now ready to return for Coutinho in January after missing out on him in the summer. Barcelona chief Oscar Grau says they'll have the money to sign Liverpool ace Philippe Coutinho in January.
Ophelia becomes 10th hurricane of 2017 season
Overall, the 2017 has been a landmark season, but fortunately beyond Ophelia, there are no storms in the immediate future. This could bring a blast of high winds to the Emerald Isle, particularly the western half of Ireland early next week.
Cook County Puts the Kibosh On the Beverage Tax
The tax will remain in place through the end of the county's current fiscal year, and will go away beginning December 1. Commissioner Larry Suffredin, D-Evanston, was alone in voting to keep it.
Navy Destroyer in South China Sea Near Islands Beijing Claims
On Tuesday, three US officials confirmed that a US Navy destroyer sailed near islands claimed by China in the South China Sea . In recent weeks, North Korea has launched two missiles over Japan and conducted its sixth nuclear test, all in defiance of U.N.
Blade Runner sequel off to slow start
Warner Bros.is handling domestic distribution on " Blade Runner 2049 " through its output deal with Alcon Entertainment. Kingsman: The Golden Circle and American Made are duking it out to complete the top five, both on around $8.1 million.