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Just for clarification, Samsung has two CEO's: The deceased Han Jong-hee was a Co-CEO and Vice-Chairman, just like Jun Young-hyun who now remains as the sole C

Just for clarification, Samsung has two CEO's: The deceased Han Jong-hee was a Co-CEO and Vice-Chairman, just like Jun Young-hyun who now remains as the sole CEO. This was not a planned transition or coincidence, Samsung usually had 3 parallel CEO's since 2013 and downsized to two CEO's in 2021, all of those being "Vice-Chairman". On top there is still the Samsung Electronics Chairman, Lee Jae-yong...

yard2010 2y ago
I wonder if they had 3 CEOs because the name means 3 stars in korean
- moandcompany 2y ago
  The company name of "Samsung" originates from the founder's admiration of Japanese companies such as Mitsubishi, known as "keiretsu" and their place in its economy; he hoped that his company would also endure as a shining symbol in the sky, like stars. Mitsubishi means three stars in Japanese language. Samsung the company started as something resembling a dry goods market.
  - themaninthedark 2y ago
    Pendant correction: The bishi in Mitsubishi translates more closely to rhombus or diamond.
    - aneidon 2y ago
      pedant correction: pedant ;)
      - tempestn 2y ago
        Maybe it was a deep cut pun: diamond pendant?
        jessekv 2y ago
        Brilliant, regardless.
  - kurthr 2y ago
    I thought Mitsubishi was 三菱 for Three Diamonds? Seems to go better with their log. Mitsuboshi, 三つ星, would I think be for three stars, particularly the stars of Orion's belt. "According to Samsung's founder, the meaning of the Korean hanja Samsung (三星) is three stars." https://news.samsung.com/global/20-things-you-didnt-know-about-samsung https://news.samsung.com/global/20-things-you-didnt-know-abo...
    - moandcompany 2y ago
      Technically correct is the best kind of correct. Symbolically, in this context, they were seen as diamonds in the sky, aka stars :)
    - nine_k 2y ago
      菱 is "water chestnut", a nut that actually is spiky, the <> figures are a stylization of that. 菱形, that is, "water chestnut-shaped" is indeed used for what's called "diamond-shaped" in English, maybe hence the confusion.
  - m4rtink 2y ago
    I thought Mitsubishi means 3 diamonds ? https://www.mitsubishielectric.com/en/about/history/logo/logo_more.html https://www.mitsubishielectric.com/en/about/history/logo/log...
moandcompany 2y ago
JH Han came from Samsung's Visual Display (tvs, smart tvs) business unit which is part of Samsungs larger consumer electronics business which includes things such as home appliances. Mobile electronics such as Galaxy brand smart phones are another business, and Han was promoted to lead the businesses spanning all of those groups, which was (re)named to called "Device Experience (DX)". Samsung's semiconductor fabrication and component businesses have normally had a separate "CEO" from the consumer electronics finished products businesses (aka. "SET")

yard2010 2y ago

I wonder if they had 3 CEOs because the name means 3 stars in korean

moandcompany 2y ago
The company name of "Samsung" originates from the founder's admiration of Japanese companies such as Mitsubishi, known as "keiretsu" and their place in its economy; he hoped that his company would also endure as a shining symbol in the sky, like stars. Mitsubishi means three stars in Japanese language. Samsung the company started as something resembling a dry goods market.
- themaninthedark 2y ago
  Pendant correction: The bishi in Mitsubishi translates more closely to rhombus or diamond.
  - aneidon 2y ago
    pedant correction: pedant ;)
    - tempestn 2y ago
      Maybe it was a deep cut pun: diamond pendant?
      - jessekv 2y ago
        Brilliant, regardless.
- kurthr 2y ago
  I thought Mitsubishi was 三菱 for Three Diamonds? Seems to go better with their log. Mitsuboshi, 三つ星, would I think be for three stars, particularly the stars of Orion's belt. "According to Samsung's founder, the meaning of the Korean hanja Samsung (三星) is three stars." https://news.samsung.com/global/20-things-you-didnt-know-about-samsung https://news.samsung.com/global/20-things-you-didnt-know-abo...
  - moandcompany 2y ago
    Technically correct is the best kind of correct. Symbolically, in this context, they were seen as diamonds in the sky, aka stars :)
  - nine_k 2y ago
    菱 is "water chestnut", a nut that actually is spiky, the <> figures are a stylization of that. 菱形, that is, "water chestnut-shaped" is indeed used for what's called "diamond-shaped" in English, maybe hence the confusion.
- m4rtink 2y ago
  I thought Mitsubishi means 3 diamonds ? https://www.mitsubishielectric.com/en/about/history/logo/logo_more.html https://www.mitsubishielectric.com/en/about/history/logo/log...

moandcompany 2y ago

JH Han came from Samsung's Visual Display (tvs, smart tvs) business unit which is part of Samsungs larger consumer electronics business which includes things such as home appliances. Mobile electronics such as Galaxy brand smart phones are another business, and Han was promoted to lead the businesses spanning all of those groups, which was (re)named to called "Device Experience (DX)". Samsung's semiconductor fabrication and component businesses have normally had a separate "CEO" from the consumer electronics finished products businesses (aka. "SET")