Samsung names new chiefs of its memory and foundry businesses
Samsung Electronics on Wednesday named the new chiefs of
its memory and foundry businesses as the South Korean tech giant aims to
further expand its presence in the chipmaking sector.
Samsung announced
that Lee Jung-bae, 53, has been promoted to chief of its memory business, while
Choi Si-young, 56, will head its foundry business.
Lee previously led Samsung's DRAM product and technology unit,
while Choi served as head of the company's memory manufacturing technology
center.
Samsung said
the latest move is aimed at bolstering its technological competitiveness and
occupying new markets with the next generation of leaders.
Lee is an expert in the DRAM sector who played a pivotal role in
Samsung becoming the dominant player in the memory industry, reports Yonhap
news agency.
The South Korean tech giant said it believes Lee will further
widen the gap with competitors in the memory business, including DRAM, NAND
flash and other solutions.
Samsung is the world's largest memory chip producer, with a 41.3
per cent share in the DRAM market and a 33.1 per cent share in the NAND flash
sector in the third quarter of the year, according to market researcher TrendForce.
Comments
Post a Comment