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Friday, 13 October 2017

Samsung Electronics CEO Kwon Oh-hyun Resigns

Samsung Electronics chief executive Kwon Oh-hyun has resigned citing an "unprecedented crisis".

Mr Kwon is one of three co-chief executives of Samsung Electronics. His resignation comes on the same day the firm forecast record quarterly profits, citing higher memory chip prices.

Important Takeaways from Above News-
  • Samsung Electronics is a South Korean multinational electronics company headquartered in Suwon, South Korea.
Source- BBC

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