SamMobile has affiliate and sponsored partnerships. If you buy something through one of these links, we may earn a commission. Learn more.

DJ Koh the only Samsung exec to miss out on H1 2020 bonuses


Last updated: August 14th, 2020 at 17:56 UTC+02:00

Samsung’s long-time mobile boss Koh Dong-Jin, better known in the West as DJ Koh, is the only one of the company’s top officials to completely miss out on any bonuses that HQ paid out to management for the first half of the year. South Korean media reports his high-ranking colleagues fared much better despite the crippling effects of the still-ongoing coronavirus pandemic weighing down the company’s overall performance.

E.g. Kwon Oh-hyun received a compensation package amounting to the equivalent of some $9.5 million in total, including $7.75 million in retirement pay. The former CEO and Vice Chairman hence retained his title of the company’s top earner, even though he stepped down from active management by 2018 and is presently only retained in an advisory role.

Samsung paid out hefty management bonuses despite global uncertainty

Kim Ki-nam was awarded about a billion won ($840,000) in compensation, including roughly $185,000 in bonus pay for his semiconductor leadership throughout the first half of 2020. Consumer Electronics chief Kim Hyun-seok, was compensated with an extra $135,000 on top of his $450,000 salary, whereas DJ Koh’s H1 2020 compensation package was in the same $600,000 ballpark even though it lacked performance bonuses, Korean media reports, citing Samsung’s latest investor disclosures. Samsung explained the lack of added incentives for Koh with the generally disappointing state of the company’s smartphone sales.

Half a year back, Roh Tae-moon took over Samsung’s smartphone business in Koh’s stead, allowing the latter to focus on overseeing the entirety of the IT and mobile communications unit. Given everything that’s been happening this year, Samsung’s second-quarter results were largely encouraging, but primarily due to strong chip performance and in spite of its struggles in the consumer electronics space.

Business DJ Koh
Load 3 comments

You might also like

The highest-paid Samsung exec in 2021 isn’t who you’d think it is

DJ Koh was the highest-paid Samsung executive last year, at least, on the face of it. The former chief of Samsung’s mobile business took home 11.8 billion won ($9.63 million) in 2021, including 4.04 billion won ($3.3 million) worth of bonuses and a retirement pay of 6.43 billion won ($5.2 million) as he stepped down […]

  • By Mihai Matei
  • 7 months ago

Samsung Developer Conference 2021 keynote speakers revealed

Guess who'll be opening next week's Samsung dev event?

  • By Dominik Bosnjak
  • 11 months ago

Samsung CEO admits Galaxy Fold was sent out ‘before it was ready’

When Samsung finally sent out review units of the Galaxy Fold to members of the press in April, it felt like the future was almost here. The world’s first foldable smartphone was in our hands and it seemed like Samsung had hit a home run. Merely two days later, reports started coming in of the […]

  • By Adnan Farooqui
  • 3 years ago

Breaking: Galaxy Fold release date will be announced soon, says CEO

April 26 had previously been confirmed as the Galaxy Fold release date. However, Samsung’s first foldable smartphone had to be delayed due to some issues. While the company recently reminded pre-order customers that they can cancel their orders if they so desire, Samsung mobile CEO DJ Koh has now said that the Galaxy Fold release […]

  • By Adnan Farooqui
  • 3 years ago

Samsung has sold over 2 billion Galaxy smartphones in under ten years

The Galaxy S10 is Samsung’s 10th anniversary flagship. The Korean giant has been making some pretty great smartphones over the past decade. Despite challenges, it remains the top smartphone vendor in the globe. The company has sold a staggering amount of smartphones over the past decade. Samsung Mobile CEO DJ Koh revealed during the company’s […]

  • By Adnan Farooqui
  • 4 years ago

Samsung’s mobile chief pins hope on the Galaxy S10 and the foldable phone

Even as Samsung continues to post impressive earnings quarter after quarter, the company’s smartphone business remains a cause of worry. Cut-throat competition from Chinese brands and Apple’s continued domination in the premium segment has left Samsung struggling to retain its market share and profits. The company has undertaken many measures in the recent past to address […]

  • By Naresh
  • 4 years ago