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/ February 2, 2021

Samsung Vina appoints new president

Kevin Lee, new president of Samsung Vina Electronics The new president of Samsung Vina is a seasoned veteran in the mobile industry with over 30 years of experience in many leadership positions across various markets. Accordingly, Kevin was senior vice president, Verizon Account in Samsung Electronics America; and president of Samsung Electronics Benelux and Greece prior to becoming the president of Samsung Vina Electronics. Samsung is the world’s leading consumer electronics company, and the quality and features that come with each product all come from Samsung’s relentless research and innovation. “Vietnam is going to be in the spotlight in 2021. I want to be a part of Vietnam’s success stories by capturing opportunities for growth: economic recovery, Internet of Things technology, open business environment and a young, captivated generation of new consumers,” said Kevin Lee. “I envision Samsung to be the brand that seizes the right opportunities, at the appropriate channels where we provide the most value for consumers. Then, and by only then, we can become the most beloved brand and stand out in a competitive landscape.” Samsung’s ultimate goal in the coming years is becoming a brand that has widespread brand recognition across business units, winning consumers’ hearts and advocacy, and maintain leadership positions in products categories where it has a presence. In order to reach this goal, Samsung’s strategic growth roadmap under Kevin Lee’s leadership will revolve around the two following main driving forces. The first focus more on people. For consumers, Samsung Vina will maintain a consistent brand voice allowing consumers to recognise and remember the brand with ease. Samsung Vina will strengthen strategic partnerships with business partners as well as influencers on a “win-win” basis. All sides will be working towards a shared goal of creating value and move beyond simply …

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/ February 3, 2021

Bezos to give Amazon reins to cloud boss Jassy as sales rocket past $100 billion

Amazon.com Inc on Tuesday said founder Jeff Bezos would step down as CEO and become executive chairman, as the company reported a third consecutive record profit and quarterly sales above $100 billion for the first time. This summer, Bezos, 57, will hand the keys of the world’s largest online retailer to Andy Jassy, head of its cloud computing division. The announcement ends a long-running question about who would succeed the world’s second-richest person at the company’s helm. Jassy, 53, joined Amazon in 1997 after Harvard Business School, founding Amazon Web Services (AWS) and growing it to a cloud platform used by millions, the company’s website said. He had been a clear contender for the top job since Amazon created two CEO roles reporting to Bezos, the other held by recently retired consumer CEO Jeff Wilke. Tom Johnson, chief transformation officer at Mindshare Worldwide, said Jassy’s promotion underscored the importance of web services to Amazon’s future. “Jassy’s background in steering AWS shows just how top of mind those services are to Amazon’s business strategy. It’ll be interesting to see how that affects their strategy and balancing that priority with a growing ad business and the commerce behemoth,” he said. Jassy is known for understanding technical details, and he has regularly taken jabs at legacy player Oracle Corp and cloud rival Microsoft Corp, which AWS continues to exceed in sales. Under Jassy’s leadership, Amazon’s cloud business has signed major customers including Verizon, McDonald’s and Honeywell. The division’s quarterly revenue consistently rose by double digits, helping cement its position as the market leader. One contract AWS failed to win was the $10 billion “JEDI” contract from the Pentagon, which was awarded to Microsoft. Jassy has bestowed a rock-star aura to keynotes at AWS’s annual Las Vegas conference, speaking before over …

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/ February 4, 2021

Samsung Viet Nam gets new chief

Kevin Lee, new president of Samsung Electronics Viet Nam. — Photo courtesy of the company Kevin Lee has been appointed president of Samsung Electronics Viet Nam. He has more than 30 years’ experience in leadership positions across various markets, including as senior vice president, Verizon Account, at Samsung Electronics America and president of Samsung Electronics Benelux and Greece. He said: “Viet Nam is going to be in the spotlight in 2021. I want to be a part of Viet Nam’s success stories by capturing opportunities for growth: recovering economy, IoT technology, open business environment, and a young, captivating generation of new consumers. “I envision Samsung to be the brand that places itself into the right opportunities, at the appropriate channels where we provide the most value for consumers. Then and by only then, we can become the most beloved brand and stand out in a competitive landscape.” The company said in a press release that its ultimate goals are to become a brand that has widespread recognition across business units, win consumers’ hearts and maintain its leadership across products categories. To achieve them it plans to focus more on people and utilising impactful innovations with on-demand flexibility, including strengthening strategic partnerships with businesses and influencers, with both sides working towards a shared goal of creating value and moving beyond transactional relationships. It also plans to provide rigorous training to employees and continue with its corporate social responsibility programmes, especially specialised training programmes in line with the Government’s directive to improve digital literacy and initiatives to improve people’s quality of life. As competition becomes fiercer and online shopping becomes the norm, the company plans to utilise its technology base to drive digital transformation and innovations to serve consumers faster and better. — VNS …

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