Samsung Co-CEO Han Jong-hee Dies at 63, Leaving Leadership Void

HONG KONG, March 25, 2025 — Han Jong-hee, co-CEO of Samsung Electronics, passed away from cardiac arrest on March 25, 2025, at the age of 63, as confirmed by a company spokesperson. His death comes at a critical time for Samsung as it navigates significant challenges in the technology sector.

Han joined Samsung in 1988 and quickly ascended through the ranks, ultimately being named vice chairman and co-CEO in 2022. He was overseeing the company’s consumer electronics and mobile devices divisions alongside Jun Young-hyun, who now assumes sole leadership.

In a message to employees, Samsung honored Han’s extensive commitment to the company, stating, “Our deepest condolences are with his family and loved ones during this difficult time.” The tribute highlights Han’s pivotal role in establishing Samsung as a global leader in the television market and reflects on his contributions amid a challenging business environment.

The news follows an annual meeting he chaired only days prior, where he discussed the struggles Samsung faced, including declining stock performance and the complexities introduced by geopolitical uncertainties. “First and foremost, I sincerely apologize for the recent stock performance not meeting your expectations,” Han stated during the meeting. “We failed to adequately respond to the rapidly evolving AI semiconductor market.”

As Samsung grapples with increasing competition, particularly from Taiwan Semiconductor Manufacturing Company (TSMC) and SK Hynix, questions surrounding the company’s strategic direction arise in the wake of Han’s unexpected death. Analysts have remarked on the potential long-term impacts on Samsung’s business strategy, especially concerning marketing and product development.

Han was instrumental in launching innovative products such as Samsung’s LED TVs, and his leadership was critical as the company sought to enhance its competitive edge in the semiconductor sector. The company is expected to continue its efforts to expand into new market segments, including automotive electronics.

Investors will likely keep a close eye on Samsung’s forthcoming strategy and succession plans, especially given Han’s absence as the company prepares for an upcoming launch of new home appliances, an event he was meant to attend. Samsung has not yet announced a successor to fill the leadership gap, but the company is known for its co-CEO structure that has allowed for shared oversight of its consumer and semiconductor divisions.