Samsung Electronics Chairman Lee Jae-yong has urged employees to pursue bold innovation. He stressed the need for change during a company meeting. The leader addressed growing business challenges. Global economic uncertainty remains high. Intense competition pressures key sectors. Demand for electronics has weakened.
(Samsung Chairman Calls for Innovation Amid Challenges)
Lee warned against complacency. He said Samsung must adapt quickly. The chairman called for aggressive new thinking. He emphasized developing unique technologies. Core areas like semiconductors require breakthroughs. Future growth depends on creativity.
Samsung confronts multiple hurdles. Its memory chip business faces oversupply issues. Smartphone rivals are gaining market share. Geopolitical tensions disrupt supply chains. Profit margins have narrowed recently.
Lee expressed confidence in overcoming obstacles. He pointed to Samsung’s history of resilience. Past crises led to stronger innovation. The company must repeat this pattern. Employees should embrace risk-taking. Collaboration across teams is essential.
Investment in research will increase. Samsung prioritizes artificial intelligence development. Advanced chip manufacturing is another focus. The chairman did not specify financial targets. He highlighted urgency in all operations.
Industry analysts note rising pressure. Chinese competitors challenge Samsung’s dominance. Tech innovation cycles accelerate globally. Lee’s message signals internal restructuring. Some divisions may see strategy shifts.
(Samsung Chairman Calls for Innovation Amid Challenges)
The chairman avoided detailed financial forecasts. He reiterated innovation as the primary solution. Samsung’s workforce must drive this transformation. The company faces a pivotal period ahead.