Samsung Senior Adviser Young Sohn Rejoins Arm's Board of Directors
5 Sources
5 Sources
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Ex-Samsung chief strategy officer joins Arm board
Sohn Young-kwon, right, Samsung Electronics' former president and chief strategy officer, talks to French President Emmanuel Macron during their meeting at the Elysee Palace in Paris, March 28, 2018. AP-Yonhap By Nam Hyun-woo Sohn Young-kwon / Captured from Arm website Sohn Young-kwon, former president and chief strategy officer (CSO) of Samsung Electronics, will join the board of Arm, the U.K.-based processor intellectual property (IP) company said Thursday (local time). Arm said in a press release that it appointed Sohn as its new board member. This is the second time for Sohn to have a seat on Arm's board. Arm is one of the most important IP providers for companies designing mobile application processors. It licenses its architecture to chip designers and holds a dominant position in mobile devices. Sohn served nine years as Samsung's president from 2012 to 2021. He was in charge of strategies for global innovation, investment and new business creation. He is known for leading Samsung's $8 billion acquisition of Harman International in 2017. He is now Harman International's chairman of the board, a board member of Cadence Design Systems and founding managing partner of Walden Catalyst Ventures. "Having previously served on the Arm board of directors, my long history with the company provides unique perspectives into how critical Arm technology is to the world that relies on it," Sohn said. "The Arm compute platform will be central to future innovation, particularly in artificial intelligence (AI), and I look forward to being part of the team that will drive the future of computing." "The depth of experience that Young (Sohn) brings will be invaluable to Arm as we continue to diversify our business and work to address the very real and complex computing challenges in the age of AI," Arm CEO Rene Haas said. "Young has a fantastic track record from a long career of leadership positions at some of the world's most important semiconductor companies, and I look forward to working closely with him as we continue to define the future of computing."
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Samsung senior adviser Young Sohn to rejoin Arm's board
(Reuters) - British chip firm Arm Holdings said on Thursday that Young Sohn, a senior adviser at Samsung Electronics, will rejoin its board. Having previously served on Arm's board, Sohn said that his history with the company has "provided unique perspective into how critical Arm technology is to the world that relies on it." "The depth of experience that Young brings will be invaluable to Arm as we continue to diversify our business and work to address the very real and complex computing challenges in the age of AI," said Arm's CEO Rene Haas. Sohn is the chairman of audio electronics maker Harman's board, which Samsung bought for $8 billion in 2017. He is also on the board of Cadence Design Systems. (Reporting by Juby Babu in Mexico City; Editing by Alan Barona)
[3]
Samsung Senior Adviser Young Sohn to Rejoin Arm's Board
(Reuters) - British chip firm Arm Holdings said on Thursday that Young Sohn, a senior adviser at Samsung Electronics, will rejoin its board. Having previously served on Arm's board, Sohn said that his history with the company has "provided unique perspective into how critical Arm technology is to the world that relies on it." "The depth of experience that Young brings will be invaluable to Arm as we continue to diversify our business and work to address the very real and complex computing challenges in the age of AI," said Arm's CEO Rene Haas. Sohn is the chairman of audio electronics maker Harman's board, which Samsung bought for $8 billion in 2017. He is also on the board of Cadence Design Systems. (Reporting by Juby Babu in Mexico City; Editing by Alan Barona)
[4]
Samsung senior adviser Young Sohn to rejoin Arm's board
Sept 12 (Reuters) - British chip firm Arm Holdings said on Thursday that Young Sohn, a senior adviser at Samsung Electronics (005930.KS), opens new tab, will rejoin its board. Having previously served on Arm's board, Sohn said that his history with the company has "provided unique perspective into how critical Arm technology is to the world that relies on it." "The depth of experience that Young brings will be invaluable to Arm as we continue to diversify our business and work to address the very real and complex computing challenges in the age of AI," said Arm's CEO Rene Haas. Advertisement · Scroll to continue Sohn is the chairman of audio electronics maker Harman's board, which Samsung bought for $8 billion in 2017. He is also on the board of Cadence Design Systems (CDNS.O), opens new tab. Reporting by Juby Babu in Mexico City; Editing by Alan Barona Our Standards: The Thomson Reuters Trust Principles., opens new tab
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Arm appoints Young Sohn to its board of directors (NASDAQ:ARM)
Arm (NASDAQ:ARM) announced the appointment of new Board member Young Sohn. Young Sohn is the chairman of the Board of HARMAN, senior advisor at Samsung Electronics, member of the Board of Directors at Cadence and founding managing partner of Walden Catalyst. In addition, Tony Fadell will continue to support Arm as a strategic advisor to the company. Source: Press Release More on Arm Holdings Arm Holdings: Super Growth But Fairly Valued Arm Stock: Buy Its Customers, Not The Stock ARM: Bad Stock, Increasing Competition (Rating Downgrade) Arm becomes new Top Pick at Morgan Stanley on emerging Edge AI opportunity Apple's upcoming iPhone 16 to feature Arm's newest chip design architecture - FT
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Young Sohn, a senior adviser to Samsung Electronics, is set to rejoin the board of directors at Arm Holdings. This move comes as Arm prepares for its highly anticipated initial public offering (IPO).
Young Sohn's Return to Arm's Board
Young Sohn, a prominent figure in the tech industry and currently a senior adviser to Samsung Electronics, is set to make a significant comeback to Arm Holdings' board of directors
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. This announcement comes at a crucial time for Arm, as the chip designer prepares for its much-anticipated initial public offering (IPO) on the Nasdaq stock exchange2
.Sohn's Extensive Experience
Young Sohn brings a wealth of experience to Arm's board. He previously served as a board member at Arm from 2018 to 2020 when the company was owned by SoftBank Group
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. Sohn's expertise extends beyond his roles at Samsung and Arm. He has held leadership positions at several major tech companies, including Inphi Corp, where he served as chairman4
.Arm's IPO and Future Prospects
Arm's decision to bring Sohn back to its board comes as the company gears up for what could be the biggest IPO of 2024. The chip designer, whose technology is used in most smartphones globally, is aiming to raise nearly $5 billion in its public offering
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. This move is seen as a strategic step to strengthen Arm's leadership team ahead of its public debut.Related Stories
Impact on the Semiconductor Industry
Sohn's appointment is expected to have significant implications for the semiconductor industry. His extensive experience and connections in the tech world, particularly in Asia, could prove invaluable for Arm as it navigates the complex global chip market
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. The move also highlights the increasing importance of experienced industry veterans in guiding tech companies through challenging market conditions and regulatory landscapes.Arm's Strategic Position
As a key player in the semiconductor industry, Arm's chips are used in a vast array of devices, from smartphones to data centers. The company's upcoming IPO and the addition of Sohn to its board underscore its ambitions to expand its influence in the global tech ecosystem
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. With Sohn's expertise, Arm may be better positioned to navigate the competitive landscape and capitalize on emerging opportunities in areas such as artificial intelligence and the Internet of Things.References
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