Samsung CEO change
Samsung Electronics Magyar Rt's president Kyu Dam Cho will leave his position this month and be replaced by J. K. Hong.
Samsung Electronics Magyar Rt's president Kyu Dam Cho will leave his position this month and be replaced by J. K. Hong, who has been previously working as vice president of Samsung's Jászfényszaru plant, north of Budapest. Kyu Dam Cho has been with Samsung Electronics Rt since 1998. The new president announced that Samsung will rely increasingly on Hungarian R+D in the future. The company manufactured 2.4 million TV sets last year. (Vg 5) R.G.


