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Samsung CEO Kwon Oh-Hyun resigns



Kwon Oh-Hyun, the CEO of Samsung Electronics resigned Friday, saying the South Korean tech giant was facing an “unprecedented crisis”, even as it flagged record third-quarter profits. His resignation comes as the company struggles to overcome a bribery scandal that sent Lee Jae-Yong, its de-facto head and heir to the Samsung empire, to jail. “As…

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The post Samsung CEO Kwon Oh-Hyun resigns appeared first on BusinessDay : News you can trust.

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