With rumors swirling about the fate of mobile head J.K. Shin, Samsung has announced that he would keep his job after all. Reports suggested that Shin -- who recently took a huge pay cut -- may be replaced by consumer electronics chief B.K. Yoon in light of weak smartphone sales. Samsung's top money-making models, the Galaxy S5 and Note 4, have met with a tepid market reception stateside despite design overhauls, causing Samsung's profits to fall off the map. The company is also battling tough rivals in China like Huawei, Xiaomi and Lenovo.