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Samsung reportedly fires three top execs over the Galaxy S5s 'failure'

The overestimated requirement of the Galaxy S5 from Samsung has seen the company fire three of its top executives over the 'failure'
By: Anthony Garreffa | Business, Financial & Legal News | Posted: Dec 4, 2014 7:29 am
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Culf of Android is reporting that there's a new report out of Samsung's home country of South Korea, that in order to get Samsung back on track after the "failure" that was the Galaxy S5, they had to fire three of the top executives from the company.

 

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Lee Don-joo, the boss of the Mobile Business Unit's Strategic Marketing Office, Kim Jae-kwon, who is the Chief of the Global Operations Office, and Lee Chul-hwan, who was the previous boss of the Mobile R&D Office, look like they're all about to be cut from the company. Hong Won-Pyo, who used to be Samsung's Media Solution Center boss will replace the boss of the Global Marketing Strategy Office.

 

It was previously thought that Samsung's Business President, Shin Jong-kyun, would lose his job, but it looks like he will stay in power for now. Samsung has really tripped over on the Galaxy S5, with projections being missed by quite a large 40-50%.

NEWS SOURCES:Cultofandroid.com

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