Samsung in “unprecedented crisis” says vice chairman

“It is something I had been thinking long and hard about for quite some time. It has not been an easy decision, but I feel I can no longer put it off,” Vice Chairman Kwon said “As we are confronted with unprecedented crisis…

I’m willing to bet you could search for a long time and not see the words “unprecedented crisis” in a company’s own press release.



  • Brad Fortin

    Add this to the list of “things you wouldn’t be able to miss if it was Apple but because it’s not it’s barely worth mentioning”.

    Seriously, imagine if Tim Cook was arrested for corruption and bribery and a huge portion of the executive team left the company? It would be talked about more than Steve Jobs’ death!

    • Marisa

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    • Brantle

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  • Mo

    “I have every confidence that our new, youthful leadership will find more effective ways to bribe government officials, copy valuable IP from our rivals, prolong every resulting lawsuit to extract maximum profit from that IP, rush new and untested consumer products to market while streamlining risk management’s remediation of the harm those products do to consumers, and to continue our proudest tradition: inculcating an entire new generation of young adolescent boys in the belief that our products somehow represent a rebellious alternative to the most popular devices we’ve chosen to imitate.”