October 12, 2017

Samsung forecasts a strong quarter on the same day its CEO resigns citing ‘unprecedented crisis’

 This post has been updated to reflect the announcement of Oh-Hyun Kwon’s resignation. Samsung Electronics made two announcements today that contrasted starkly with one another in tone. First, it issued an optimistic third-quarter earnings guidance. Then, a few hours later, it posted a resignation letter from chief executive officer and vice chairman Oh-Hyun Kwon. Read More

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