"We are fortunately making record earnings right now, but this is the fruit of past decisions and investments; we are not able to even get close to finding new growth engines by reading future trends right now". Kwon will also recommend a successor for his position, a Samsung spokesperson said. Although Jae-yong denied the charges, he was sentenced to five years imprisonment in August - the harshest sentence ever handed down to a chaebol leader, the Korean name for the country's giant family-run conglomerates.
Hidden cameras found in Longboat Key Airbnb
But police say the cameras can be operated remotely and they found numerous videos in the bedroom, including one of the in couple. The story about an IN couple discovering a hidden camera IN their Florida Airbnb rental is taking the internet by storm .
Despite the spectacular performance, Kwon said the company was in the throes of an "unprecedented crisis" as he announced his intention to step down.
In a letter sent to all employees, Kwon said that announcing his retirement was the most hard thing for him to do, but now was the right time and that he believes his decision is in the best interest of the company.
For its bottom-line boost, the company credited the success of its Galaxy S8 smartphone, along with strong memory-chip sales. Kwon's departure from Samsung makes way for a new management that can finish the company's delayed reshuffle of its top executives. He is also not stepping down immediately from his two other roles.
Kwon's resignation announcement arrived the same day that Samsung predicted record profits for the second straight quarter. "It has not been an easy decision, but I feel I can no longer put it off", said Kwon.
The leadership changes also could be an opportunity for a new generation to emerge, he added.
Go from NY to Canada, or from California to Mexico; it's just like going from Idaho to Texas, from Georgia to Kentucky. We already know that T-Mobile's unlimited plans have limits, just like they do at every other wireless carrier.
Colonial Trust Advisors acquired a new stake in shares of Wells Fargo & in the 2nd quarter valued at approximately $214,000. Stock buyback programs are usually an indication that the company's management believes its stock is undervalued.
Planes, trains and automobiles - Kobe Steel's fake product data scandal has now touched every major form of transportation. Kobe Steel's admission this week sent shock waves through the global automotive and aerospace supply chains.
Nehra is ecstatic to play at his home ground. "For me the true measure of success is how many times you bounce back from failure". Nehra clarified his stand on retirement from all forms of cricket, he said, "I have decided something, there is no going back".
Delta's adjusted fuel price per gallon for the September quarter was $1.68, which includes $0.03 of benefit from the refinery. Morgan Stanley reaffirmed an "overweight" rating on shares of Delta Air Lines in a research note on Tuesday, September 12th.
This version looks great with the top up or down, and no, it isn't just you - we're getting F-Type vibes from the vehicle , too. This is the drop-top version of the DB11, and it's powered by the new 4.0-litre twin-turbo V8 engine producing 375kW.
It's thought that Kylie's baby is due in February, with a source saying: "They started telling friends a few weeks ago". The star has yet to confirm or deny any pregnancy rumours, making fans think that she is indeed expecting.
Had Collins made a decision to run for governor she would have joined a crowded field to replace two-term Republican Gov. King says Collins' decision reflects the senator's work ethic, dedication to serving ME people and "infinite energy".
Hurricane Ophelia forms in the Atlantic
Hurricane Ophelia on Thursday morning (Oct. 12) was slowly moving through the Atlantic Ocean toward the Azores and Ireland. CDT Thursday, Hurricane Ophelia was located 715 miles southwest of the Azores and was moving north-northeast at 2 mph.
Is Razer launching its own phone?
The company had previously purchased Nextbit , a smartphone maker known for its Robin phone - a phone optimised for cloud storage. It could very well be a tablet/phone/gaming device hybrid, which would make Razer a direct competitor of the Nintendo Switch.
Sex with wife below 18 years is rape, says Supreme Court
India's supreme court has struck down a law allowing men to have sex with a child as young as 15 provided the pair were married. Poverty, weak law enforcement, patriarchal norms and concern about family honor are factors contributing to early marriage.