Samsung Co-CEO Han Jong-Hee Dies at 63 After Cardiac Arrest

Han Jong-Hee, the co-Chief Executive Officer of Samsung Electronics Co., has passed away at the age of 63.

Han, who played a key role in transforming Samsung into the world’s leading electronics company, died on Tuesday after suffering from cardiac arrest, according to a company spokesperson. He is survived by his wife and three children.

Following the news of Han’s death, Samsung’s stock initially dropped but later recovered in Seoul trading. Han’s death marks a significant loss for the South Korean tech giant, as he held a crucial leadership position within the company.

Cause of Death and Succession Plans

Han suffered a cardiac arrest and was rushed to the hospital, where he passed away while receiving treatment. Samsung confirmed the news but stated that no decision has been made regarding his successor.

Han shared leadership duties with Jun Young-Hyun, the other co-CEO who oversees Samsung’s semiconductor business.

Han was in charge of the consumer electronics and mobile devices division, which includes products like smartphones, TVs, and home appliances.

Han Jong-Hee’s Career and Achievements

Han Jong-Hee had a long and successful career at Samsung Electronics, spanning over three decades. He joined the company in 1988 in the Visual Display division, where he quickly made a name for himself.

Han became widely recognized for leading Samsung’s rise to dominance in the global TV market, surpassing competitors like Sony Group Corp.

He also oversaw Samsung’s expansion into a wide range of consumer electronics, including home appliances and smartphones, where the company has been a strong competitor to Apple Inc.

Han was appointed as Vice Chairman and CEO in 2022 and became a member of Samsung’s board. Under his leadership, Samsung began integrating AI technology into its products, including smartphones, refrigerators, washing machines, and vacuum cleaners.

This was seen as a strategic move to capitalize on the growing demand for artificial intelligence in everyday devices.

Strategic Challenges Facing Samsung

Han’s death comes at a critical moment for Samsung. The company is currently working to catch up with rival SK Hynix Inc. in the AI memory chip market while facing sluggish demand for consumer electronics.

Just last week, Han spoke at Samsung’s annual shareholders’ meeting, where he addressed the company’s strategic challenges. He acknowledged that 2025 would be a tough year due to uncertainties in global economic policies and competitive pressures.

Han informed shareholders that Samsung would pursue mergers and acquisitions to drive growth and address market challenges. “First and foremost, I sincerely apologise for the recent stock performance not meeting your expectations. Over the past year, our company failed to adequately respond to the rapidly evolving AI semiconductor market,” Han stated during the meeting.

Funeral and Final Arrangements

Han’s funeral is expected to be held at Samsung Medical Center in southern Seoul. The funeral procession is scheduled for Thursday, according to a report from Korea JoongAng Daily.

Han’s passing marks the end of a significant chapter in Samsung’s history. His leadership was instrumental in securing Samsung’s position as a global leader in consumer electronics and setting the company on a path to explore new technologies like artificial intelligence.

Han Jong-Hee’s Legacy

Han leaves behind a legacy of strategic leadership and innovation. His contributions helped Samsung become the dominant force in the TV industry and a major player in the smartphone and home appliance markets.

Under his leadership, Samsung integrated AI into its product ecosystem, positioning the company for future growth in the AI market. However, his sudden death raises questions about the company’s future direction and leadership succession.

The Road Ahead for Samsung

With Han’s passing, the responsibility for steering Samsung through this transition will likely fall on Jun Young-Hyun, who currently leads the semiconductor division.

Samsung’s ability to navigate market challenges and sustain its leadership in AI and consumer electronics will be closely watched in the coming months.

Samsung faces increased competition from Chinese manufacturers in the smartphone and home appliance markets, adding pressure to maintain its competitive edge.

Han’s strategic vision for AI integration and market expansion will serve as a foundation for the company’s future.

Han Jong-Hee’s death is a major loss for Samsung Electronics and the broader tech industry. His strategic leadership helped Samsung dominate the TV and smartphone markets and positioned the company for future growth through AI integration.

As Samsung prepares for a leadership transition, the company’s ability to maintain its competitive edge and navigate future challenges will be a key focus for stakeholders and investors.