Samsung CEO Resigns as Tech Giant Forecasts Record Profits

[Orlandoech]

Man...Samsung is a shady company.

Yea and Apple isnt :\
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Because they engaged in a bribery scandal which saw the heir to the company sentenced to five years in prison AND brought down the President of South Korea? Not to mention perjury about the secret deals they cut with the political class in SK to give them advantages directly through the nation's government to enrich their company and the owners. Certainly that's enough for you?
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I like diamonds. That doesn't mean I think blood diamonds are okay.

Lol... haha... right...

 

[cube]

Hopefully the new CEO will throw out the copy machines.

They already sold them to HP.

 

[npmacuser5]

Moving to his beach house far away from the Korean Peninsula, smart man.

 

[576316]

Yea and Apple isnt :\

Nowhere near as shady as Samsung has always been. But shady and dishonest, yes, Apple is.

 

[HippyRabbitFish]

In a word, "Chaebol"

 

[ilovemykid3302012]

If you read between the lines... he’s bailing out because he sees no growth in Samsung and they are going to be stagnant or behind in the future. He said the benefits they’re enjoying right now we’re from the previous investments. He sees nothing and they’re not doing anything right now for the next phase. Bahaha Samsung will fall.

Except, they won't.

 

[CarlJ]

They were caught with their hands in the cookie jar so to speak. With record profits, I'm not sure why someone would be so quick to resign. There's definitely more to the story that is not being told.

Oh I'm sure he just thought now would be an ideal time to spend more time with his family.
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Wow. People complain about Tim Cook that he's basically devoting too much attention to doing good works outside of Apple while some Apple products are falling behind (the iPhones and iPads are great, but I completely agree that the laptops and Mac Mini could use a bunch more attention)... meanwhile, on the other side of the fence... at their top competitor, many of Samsung's top-level executives are going to jail for large-scale corruption, despite having strong ties to / friends in the government. Interesting contrast.

 

[Scottsoapbox]

They were caught with their hands in the cookie jar so to speak. With record profits, I'm not sure why someone would be so quick to resign. There's definitely more to the story that is not being told.

Yes why go out on top and start enjoying your millions when you could keep working until you die in your office so that shareholders and your kids can get a bit richer.

 

[kdarling]

Just continue copying products and ideas from Apple and others, no need to innovate suddenly.

Works both ways.

Whenever Cook needs a boost in sales, he looks to see what Samsung is making that Apple doesn't.

First phablets and tablet pens, now OLED, and it sounds like he's going to try to copy the success of the Note phone.