Samsung Electronics replaces memory and foundry business heads in sweeping reshuffle

Samsung Electronics appointed Jun Young-hyun as co-CEO and head of its memory chip business, and Han Jin-man as president and head of the foundry business. This reshuffle follows declining share prices due to investor concerns about Samsung's competitiveness in the AI chip market. The company's recent performance has been disappointing, particularly in the AI sector, and Chairman Jay Y.
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