Kwon, 64, has served as a vice chairman at Samsung Electronics since 2012.
The chairman of Samsung Electronics' board of directors and one of the company's three chief executive officers says he will resign next year. Analysts have tipped its chip division to propel the firm to record overall profit.
The consumer electronics division will also benefit from strong seasonal demand, he added.
Industry watchers, meanwhile, said the absence of Samsung's top leaders cast a cloud over the company's long-term strategy. Lee was sentenced to five years in prison after being convicted in August of bribing South Korea's former president to help him increase his power over the company.
His ailing father Lee Kun-hee has been hospitalized since 2014, and is now unable to participate in the company's management.
The rising presence of Chinese rivals coupled with USA trade protectionism headed by President Donald Trump are also major hurdles, they added. Samsung announced its earnings guidance before the market opened Friday.
Fortnite's battle royale mode hits 10m players in two weeks
In response, he allegedly registered several other accounts with different names to continue playing Fortnite and stream-sniping. The pair have been linked to a cheat provider, acting as moderators on a site that assists players in using exploits.
ESRB Does Not Consider Loot Boxes to Be Gambling
Conversely, there are others who don't have an issue with loot boxes so long as they do not impact the core gaming experience. While some might like the idea of unlocking random stuff, it's a pain in the neck for those looking for one specific item.
Delhi CM Arvind Kejriwal's Maruti Suzuki WagonR Stolen
A blue colour Wagon R owned by Chief Minister Arvind Kejriwal was stolen from outside Delhi secretariat on Thursday afternoon. Complaint has been registered at IP Estate police station and investigation into the case has been started".
Scattered showers tonight; partly cloudy, cooler Thursday
After the cold front moves out cooler temperatures settle in with temperatures not differentiating too much from morning lows. Showers will be scattered around the area as we head into tonight , but it won't be anything very heavy or consistent.
Ezekiel Elliott's 6-Game Suspension Back On ... For Now
In the most prominent, the Tom Brady "Deflategate" case, Brady secured an injunction, allowing him to play the entire 2015 season. This recommendation was not passed on to Goodell and, according to the suit, hindered the commissioner's ability to do his job.
Smoking ban planned at 20 popular beaches
This comes after a travel agent warned tourists not to vape in Thailand as they could face up to 10 years in prison. Thailand is banning smoking on numerous beaches across the country, including in tourist hotspot Phuket .