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Lee Jae-yong marks 4th anniversary at Samsung's helm

Samsung Electronics Executive Chairman Lee Jae-yong on Tuesday marked his 4th anniversary at the helm of Korea’s largest conglomerate. With Samsung Electronics set to become one of the world’s most profitable companies with over 100 trillion won in operating profit in the third quarter, Lee’s efforts to restore the company’s competitiveness in semiconductor and foster future growth businesses are…

Lee Jae-yong marks 4th anniversary at Samsung's helm

Lee Jae-yong, the Executive Chairman of Samsung Electronics, observed his 4th anniversary in the role on Tuesday. As Samsung Electronics is poised to become one of the world's most profitable companies, with an anticipated operating profit of over 100 trillion won in the third quarter, Lee's initiatives to revitalize the company's competitiveness in semiconductors and promote future growth sectors are becoming more apparent.

The company has decided not to hold an official ceremony or have Lee issue a separate statement commemorating the occasion. Lee ascended to the position of executive chairman on October 27, 2022, but he has, prior to and following his promotion, typically avoided making public comments at formal events. Instead, he has concentrated on visiting factories and interacting with staff.

When he has made public statements, they have usually been during company crises. Upon assuming the chairmanship, Lee published a message advocating for investments in emerging technologies. In March of the previous year, he assumed the position of executive chairman.

Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at koreatimes.co.kr →

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