Samsung replaces mobile chief after underwhelming smartphone sales

Out of time: Former Samsung Mobile Chief J.K. Shin has been asked to step down due to lower than expected profits in the mobile spaceSamsung has replaced long time chief of mobile J.K. Shin due to increasingly lower sales and poor product performance in the smartphone space, an area that Samsung dominated for a number of years. Replacing Shin is  D.J. Koh,  former head of mobile research and development. J.K. Shin will be kept on but will take a step back and focus on long-term strategy.

Samsung's profits fell slightly from the previous quarter, after the company slashed the price of the Galaxy S6 and S6 Edge to help boost sales. 

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