The Samsung Group conglomerate said Tuesday that Koh Dongjin was promoted to president.
In competition to the recently unveiled iPhone6 Plus, Samsung today launched a new model in its A Plus series - the Galaxy S6 Edge Plus which comes witha 4 GB RAM and 32 GB internal storage space.
According to the new figures, Chinese domestic brands will continue to dominate its smartphone market in the remaining half of 2015 as well.
Wall Street says Intel Corp is the best suitor for Qualcomm Inc's chip unit, if the maker of Snapdragon mobile processors decides to break itself up.
The guidance suggests that Samsung, while on a gradual recovery path, will struggle to replicate the explosive growth it recorded at the turn of the decade as smartphone competition intensifies and demand softens in China and Europe.
First quarter net profit fell to 4.626 trillion won (USD 4.34 billion), from 7.574 trillion won a year earlier, as troubles in its mobile division amid cut-throat competition from both Apple and low-cost Chinese manufactures overshadowed success in its chip division.
According to IDC, about 22.5 million smartphones were shipped in India in the October-December 2014 quarter with Samsung accounting for 22 percent share.
This week Samsung put an end to countless internet rumours and speculations by launching their next galaxy flagship at the Mobile World Congress in Barcelona