Samsung appoints new head for mobile business

From ComputerWorld: Samsung Electronics has appointed D.J. Koh, head of mobile research and development, as the new chief of the company's mobile communications business.

The move follows setbacks in Samsung's mobile business during the tenure of the former head J.K. Shin, including an underestimation this year of demand for the Galaxy S6 Edge, while overestimating demand for the Galaxy S6 with a non-curved screen.

Samsung said Tuesday that Shin and another co-chief executive officer would step back from day-to-day operations, according to the Wall Street Journal.

The South Korean company is the largest player in the smartphone market, but this did not get reflected in the third quarter, when profits in the mobile phone business fell slightly from the previous quarter, because the company cut the price of the Galaxy S6 and S6 edge to help boost sales, and also sold a higher percentage of cheaper, low- and mid-range phones.

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