Samsung Group Names Kwon Oh-hyun to Be CEO of Display Business
April 28 2016 - 9:36PM
Dow Jones News
By Min-Jeong Lee
SEOUL--The Samsung Group's display unit said Friday it named
Kwon Oh-hyun chief executive, as it seeks to expand its presence in
the global market.
He is currently a co-chief executive at Samsung Electronics Co.
(005930.SE). Mr. Kwon will retain that post. He oversees the
company's component business, which includes both chips and
displays.
Samsung Display's current CEO, Park Dong-gun, will become
president of Samsung Electronics' components business, a spokesman
for the display company said.
The move will be effective next month.
Samsung Display, which makes screens for a host of Samsung
Electronics' smartphones, has been struggling to diversify its
client portfolio and broaden its revenue streams.
Local media reports have said the company recently signed a deal
with Apple Inc. (AAPL) to supply flexible organic light-emitting
diode, or OLED, screens for next-generation iPhones.
Write to Min-Jeong Lee at min-jeong.lee@wsj.com
(END) Dow Jones Newswires
April 28, 2016 21:21 ET (01:21 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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