Samsung appoints Lee Won-jin to lead TV unit as market competition heats up

Samsung Electronics has appointed Lee Won-jin as the new head of its Visual Display Business, marking the first leadership change in over two years. This move comes as the company faces intensifying competition from Chinese rivals and a decline in TV profits. Samsung is reportedly considering discontinuing TV and home appliance sales in China due to market challenges.

Samsung appoints Lee Won-jin to lead TV unit as market competition heats up
Samsung Electronics has appointed Lee Won-jin as the new head of its Visual Display Business, marking the first leadership change in over two years. This move comes as the company faces intensifying competition from Chinese rivals and a decline in TV profits. Samsung is reportedly considering discontinuing TV and home appliance sales in China due to market challenges.