This hasn’t been a very good year for Samsung. The company quickly climbed to the top of the Android ecosystem, but is now struggling to maintain the same level of sales that it used to. The Samsung Galaxy S5 has not sold particularly well outside of the US, with 50 percent fewer units sold in the first 6 months in China compared to the Galaxy S4. Samsung is becoming stagnant.
And don’t think that the company doesn’t know it. There is talk of a big shake up happening soon at Samsung. The interesting three co-CEO arrangement may be no more, with the well-known mobile head and co-CEO J.K. Shin said to be moving to a different role. This would allow the other co-CEO, B.K. Yoon, to take over. The third co-CEO, Kwon Oh-hyun, is in charge of the semiconductor and parts division and will remain there.
The change to a single CEO overseeing most of Samsung could be a good one, as the company has become bloated in recent years. One CEO would mean less overlap, and B.K. Yoon may bring some interesting expertise from his experience managing the home appliance and television divisions of Samsung. With smart homes becoming all the rage, mobile and home will start merging.
Aside from the upper management, other areas of Samsung are getting a bit of restructuring. Different divisions are cutting jobs, streamlining, and management has even left. But all things aren’t negative for Samsung, as the company still dominates the market and is still in a position to easily come back.