Samsung mobile execs likely to pay for fall in earnings

Singapore

SAMSUNG Group's first management restructure since family patriarch Lee Kun Hee's heart attack is set to focus on the executives leading the world's biggest smartphone business as earnings slump and market share shrinks.

The annual changes, which South Korea's biggest business conglomerate will announce next month, are the first with heir apparent Lee Jae Yong overseeing the revamp since his father was hospitalised in May.

The moves are the latest twist at the Samsung empire as the controlling Lee family tries to revive growth and hand over power to a new generation. Slumping earnings at Samsung Electronics because of challenges from Apple and Xiaomi are …