The WSJ report states that according to a regulatory filing late Friday afternoon, Shin earned just US$630,000 in the third quarter of the year, less than half of the US$1.5 million that he's used to. Shin's wages, which includes his salary and performance bonus, has taken a significantly deeper cut than those of his co-CEOs.

The decline offers another glimpse into how quickly things have changed for a man who has helmed Samsung's mobile division as it surged to the head of the cutthroat smartphone market.

While the cut in Shin's salary was significant, we can hardly shed a tear considering that he remains one of the best-paid executives in the technology world — on par with Apple CEO Tim Cook, who took home $4.25 million in salary and bonus in the fiscal year ended September 2013.

Though if Apple's iPhone 6 mania continues to hammer Samsung's sales as expected, Shin's salary could be track to be halved this year. That's just a bonus for Apple and their fan base to enjoy, thank you very much.

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