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‘Samsung is Facing a Do-or-Die Situation,’ Chairman Lee Jae-Yong Tells Executives

  • Samsung chairman Lee Jae-Yong conveyed a strong message to executives, stating that the company is facing a do-or-die survival issue and needs to reflect deeply from the top.
  • He emphasized the need to invest for the future, even at the cost of sacrificing immediate profits, and criticized executives for losing the power that characterizes Samsung.
  • Lee Jae-Yong highlighted the importance of hiring and nurturing top-notch talent and pursuing the development of technology that doesn't exist yet.
  • Samsung has faced challenges in profits and market share, with Q4 2024 earnings showing a 29% decline, and struggles in its semiconductor unit and competition with TSMC.

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