As we all know, Samsung hasn’t been having the best of times in the mobile industry of late. A new report now indicates that the failure of the company’s flagship smartphone, the Galaxy S5, might lead to some executive changes. The poor showing of the company, largely accredited to the sales of the Galaxy S5, might lead to B.K. Yoon taking over as the CEO of the company from the current executive J.K. Shin. Nothing is set in stone at the moment, but this seems like a viable course of action given Samsung’s quarterly results posted earlier last month.
The Samsung Galaxy S5 reportedly showed promise in the U.S., but failed to succeed in China which is the largest smartphone market in the world. To make matters worse, it is said that Samsung expected the Galaxy S5 sales to be more than its predecessor. This reportedly led to an increase in advertising expense to sell off the remaining units of the smartphone. The manufacturer is yet to divulge details on the specifics of this alleged executive reshuffling, but we should hear more about it as the fourth quarter draws to a close.