Samsung Elec Appoints Mobile Chief as Interim Head of Consumer and Mobile Division

Roh Tae-moon, President and Head of Mobile eXperience Business at Samsung Electronics speaks during his keynote address as Samsung Electronics unveils its latest flagship smartphones in San Francisco, California, US, February 1, 2023. (Reuters)
Roh Tae-moon, President and Head of Mobile eXperience Business at Samsung Electronics speaks during his keynote address as Samsung Electronics unveils its latest flagship smartphones in San Francisco, California, US, February 1, 2023. (Reuters)
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Samsung Elec Appoints Mobile Chief as Interim Head of Consumer and Mobile Division

Roh Tae-moon, President and Head of Mobile eXperience Business at Samsung Electronics speaks during his keynote address as Samsung Electronics unveils its latest flagship smartphones in San Francisco, California, US, February 1, 2023. (Reuters)
Roh Tae-moon, President and Head of Mobile eXperience Business at Samsung Electronics speaks during his keynote address as Samsung Electronics unveils its latest flagship smartphones in San Francisco, California, US, February 1, 2023. (Reuters)

Samsung Electronics appointed on Tuesday its mobile chief Roh Tae-moon as acting head of the company's consumer and mobiles business, following the death of his predecessor, Han Jong-Hee, a week ago.

"Samsung Electronics plans to minimize the leadership vacuum in the DX Division through this executive reshuffle, and make every effort to strengthen global competitiveness and ensure thorough preparation for the future," Samsung said in a statement.

Roh, 56, has been in charge of the company's mobile business since 2020. Samsung said in March Roh has been "spearheading new smartphone markets" with AI phones and foldable phones as growth is slowing and competition is intensifying.

Roh will oversee the so-called DX division, which includes TVs, home appliances and smartphone businesses.

The death of Han, 63, who was in charge of its consumer electronics and mobile devices division, left newly-appointed boss Jun Young-hyun solely in charge of the South Korean tech giant as it revamps its underperforming chip business and navigates rising competition and trade uncertainties.

Samsung said the company's board of directors will decide on a new CEO later, and a spokesperson said that "nothing has been decided whether or not to keep the previous co-CEO structure at the moment."



Meta Reportedly in Talks over Scale AI Investment that Could Exceed $10 Billion

(FILES) Meta corporate headquarters is seen in Menlo Park, California on November 9, 2022. (Photo by JOSH EDELSON / AFP)
(FILES) Meta corporate headquarters is seen in Menlo Park, California on November 9, 2022. (Photo by JOSH EDELSON / AFP)
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Meta Reportedly in Talks over Scale AI Investment that Could Exceed $10 Billion

(FILES) Meta corporate headquarters is seen in Menlo Park, California on November 9, 2022. (Photo by JOSH EDELSON / AFP)
(FILES) Meta corporate headquarters is seen in Menlo Park, California on November 9, 2022. (Photo by JOSH EDELSON / AFP)

Meta Platforms is in talks to make an investment that could exceed $10 billion in artificial intelligence startup Scale AI, Bloomberg News reported on Sunday.

The terms of the deal were not yet finalized and could still change, the report said, citing people familiar with the matter.

Scale AI declined to comment and Meta did not immediately respond to Reuters request for comment outside regular business hours.

Founded in 2016, Scale AI is a data labeling startup backed by tech giants Nvidia, Amazon and Meta.

Last valued at nearly $14 billion, Scale AI also provides a platform for researchers to exchange AI-related information, with contributors in more than 9,000 cities and towns.