Samsung Names New Chief Executive
Kwon, who currently heads up the company's component business, will continue to oversee that division, but will also work alongside consumer electronics chief Yoon Book Keun to handle broader corporate matters, Samsung Group said in a statement.
The company's mobile phone business will remain under the control of its president, Shin Jong-kyun, and Jay Lee, the son of Samsung chairman Lee Kun-hee, will retain his post as chief operating officer.
In his previous role, Kwon led the expansion of Samsung's mobile chip business, capitalising on the growing popularity of smartphones and tablets. The company later became the sole supplier of processors for Apple's iPhone and iPad - rival products to Samsung's own Galaxy and Note.