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Samsung's Vice Chairman has a Scheduled Meeting with Apple Executives this Week

1AA X99 SAMSUNG KWON OH-HYUN

 

It's being reported in Korea today that Samsung Electronics Vice Chairman Kwon Oh-hyun, one of the company's three co-CEOs, will be visiting the US this week to meet multiple clients, including Apple over the next few days. His business trip comes ahead of the company's planned OLED supply for the upcoming iPhone that is expected to start later this month.

 

Kwon leads the company's chip and parts business unit. Since April last year, he has also been leading Samsung Display, the company's display-making unit.

 

An industry source was quoted as saying by Maeil Business Daily that "Considering Kwon oversees both chip and display businesses, his visit is expected to affect the ongoing partnership between Samsung and Apple. They also could discuss further partnership, including more investment." 

 

Earlier this month Samsung Electronics turned its foundry business arm into an independent business unit. At present, its semiconductor business consists of three business units – memory, fabless and foundry.

 

Global clients can entrust production to Samsung with greater ease when foundry and fabless are separated from each other as mentioned above. So Kwon could be making a new pitch for Apple's processor business.

 

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