Leadership crisis facing Samsung, says top executive

When Samsung Electronics named Yoon-Woo Lee as vice chairman and CEO a few months back, we were hoping that all that rioting and poster burning would subside. Although we haven't heard of any more breakouts of late, things are apparently still rocky on the inside. Lee Soo-Bin, chairman of Samsung Life Insurance and current representative for the Samsung Group, admitted that "without a captain or rudder, Samsung now faces a complex crisis, with each unit meeting cut-throat competition independently." He continued to say that the group "was able to ride out a previous crisis together thanks to former chairman Lee Kun-Hee's strong leadership and the guidance of the Strategic Planning Office, [but] now it could not do so." From the outside looking in, it's a bit tough to really understand what he's getting at, but whatever the case, those are most definitely not the words you want coming from the mouth a head exec.

[Jim Hogan @ Jul 2nd 2008 8:17PM]

Haha, let's see how correct this chart is about engadget comments:

http://www.holytaco.com/2008/07/02/a-breakdown-of-internet-comments-from-8-sites/

[yode @ Jul 2nd 2008 8:27PM]

wait, what does this have to do with this article?

[thedesolate1 @ Jul 2nd 2008 8:35PM]

get used to it.... every announcement will have something remotely to do with apple to fanboys. Somehow some zealot will always be able to squeeze in a comment even if its not related. I love the OS and sexy hardware but this is just ridiculous.

[thedesolate1 @ Jul 2nd 2008 8:44PM]

Okay I get.....

I for one welcome our Samsung Overlords....

[DefPo3t @ Jul 2nd 2008 8:50PM]

normally something that off topic would warrant an low rank but that sh!! Was hilarious

[Who Knows @ Jul 2nd 2008 8:27PM]

Not enough vRAM. You are the new fail.

[Who Knows @ Jul 2nd 2008 8:28PM]

oh great. the crappy comment section made me comment twice AND somebody else commented saying the same thing.

EPIC FAIL

[yode @ Jul 2nd 2008 8:31PM]

fail

[Who Knows @ Jul 2nd 2008 8:33PM]

If McCain wins, I'm gonna move to Canada.

[Stevo @ Jul 2nd 2008 8:57PM]

Good

[thedesolate1 @ Jul 2nd 2008 8:37PM]

Okay I dont know what the rest of these guys are smoking... but anyways back on topic... exactly what DO CEO's do? I used to think all they did was sit on their asses and give OK's and No's to ideas their subordinates come up with.... but obviously that is not the case.

[Who Knows @ Jul 2nd 2008 8:39PM]

We must make a vow to remain off topic.

[Nytrojen @ Jul 2nd 2008 9:03PM]

in other words: "We miss you, Captain LeeKunHee. The rudder is lonely without your hands caressing it so."

[KM @ Jul 2nd 2008 9:10PM]

I have never laughed so hard in my life. HOLY SHIT THIS IS FUNNY! Highest Ranked to the first commenter! Hats off to you sir.

P.S. This piece of technology is clearly missing a vital piece of obscure software.

[Thi mam(kris120890) @ Jul 2nd 2008 9:11PM]

Angelina jolie is pregnant. Brad pitts a lucky bugger.





(Off Topic)

[KM @ Jul 2nd 2008 9:15PM]

I HAVE NEVER LAUGHED SO HARD IN MY LIFE! Hats off to the first commenter.

P.S. This piece of technology is clearly missing a vital piece of obscure software.

[sinai @ Jul 2nd 2008 9:24PM]

Practices like this are common in Asian countries. While Americans see this as someone saying the company is in trouble, in Asian cultures, it could be seen as Lee praising the old CEO when he is disgracefully on his way out.

And considering the circumstances, it could just be a way of telling the government "Samsung (and therefore, Korea as a whole) is going to be in trouble if you prosecute the old CEO.

Things are way different over there.

[John Commenter @ Jul 3rd 2008 2:41PM]

Off topic posts are no more common in Asian countries than anywhere else, and have no relationship to some company being in trouble. I don't understand your point. No-one named "Samsung" has made a post here - these posts are mostly (albeit inferentially at best) about Ubuntu. You make no sense.

[Echo1 @ Jul 2nd 2008 9:25PM]

This has been a long day for us. FREE BEERS FOR EVERYONE

[Armoured @ Jul 3rd 2008 3:45AM]

You spelt "crisis" wrong in the title...

[CBrowne @ Jul 3rd 2008 6:14AM]

Yeah? Well the encryption code to the HDMI's servers is missing a vital piece of Apple-made (and therefore by nature obscure) software! Mind you, it could be because the vRAM is EPIC FAILing.

[ShadowKain @ Jul 3rd 2008 9:16AM]

Don't breakup Samsung! I like your LCD's!