“Samsung Electronics Co pushed the anointed heir of the company chairman closer to the top job on Wednesday as it cemented a global lead in smartphones with a stock price that is close to record highs,” Miyoung Kim reports for Reuters.
“The promotion of the snappily-dressed and bespectacled Jay Y. Lee, aged 44, to the job of vice chairman comes after Samsung marked the 25th anniversary of his father Lee Kun-hee’s chairmanship last week,” Kim reports. “Jay Lee is already chief operating officer and president and was thrust into the spotlight in June when then Samsung Electronics chief executive Choi Gee-sung, known to be his mentor, was promoted to lead the entire Samsung group’s strategy, a defacto No.2 role within the group to chairman Lee.”
MacDailyNews Take: Oh, great. That’ll change Samsung’s derivative culture dedicated to churning out knockoffs of Apple products. (Saracsm.)
Kim reports, “Observers said at the time that Choi’s move was aimed at preparing a succession plan for Jay Lee… Jay Lee will have big shoes to fill as it was under his father’s watch that Samsung Electronics was transformed from a low cost producer into a global player that has overtaken Apple Inc in terms of smartphone sales.”
MacDailyNews Take: Sans the lion’s share of the profits: Apple rakes in 71% of the world’s smartphone profits – September 8, 2012.
Kim reports, “Critics say he lacks his father’s charisma, business insight and entrepreneurship and that he faces tough challenges, not least a patent battle with Apple that is being fought out in courts across the globe.”
Read more in the full article here.
MacDailyNews Take: Mop the floor with him, Tim.
Apple’s products came first, then Samsung’s:
Related articles:
Judge forces Apple to turn over its settlement agreement with HTC to Samsung – November 21, 2012
Is Samsung copying Apple’s patented earphones? It sure looks like it – September 8, 2012
Samsung mimics Apple product videos in Galaxy S III promo (with video) – August 24, 2012
Now slavish copycat Samsung attempts to knockoff Apple’s retail stores (with video) – August 23, 2012
Samsung: Shameless slavish copiers – August 13, 2012
Apple attorney: Instead of innovating, Samsung chose to copy iPhone and iPad – July 31, 2012
Apple: Google warned Samsung against slavishly copying our products – July 25, 2012
Now Samsung slavishly copies Apple’s Mac mini – June 1, 2012
Samsung Mobile chief ‘designer’ denies that Samsung’s instinct is to slavishly copy Apple – March 23, 2012
Slavish copier Samsung shamelessly steals Apple’s iPhone 3G design – again – January 3, 2012
Slavish copier Samsung uses girl actress from iPhone 4S ad for Galaxy Tab 8.9 spot (with video) – January 2, 2012
Now Samsung’s slavishly copying Apple’s iPad television ads (with videos) – December 30, 2011
Judge: Can you tell me which is iPad and which is yours? Samsung lawyer: ‘Not at this distance your honor’ – October 14, 2011
Why are Apple’s icons on the wall of Samsung’s store? – September 24, 2011
Apple to Samsung: ‘Blatant copying is wrong’ – April 18, 2011
Apple sues Samsung for attempting to copy look and feel of iPhone, iPad – April 18, 2011
Samsung’s ‘Instinct’ is obviously to make Apple iPhone knockoffs – April 1, 2008