Samsung Electronics to Hold Meeting This Week to Discuss Global Strategy for the Second Half of the Year
Source: Global Markets Report
According to industry insiders, Samsung Electronics will begin its global strategy conference on Tuesday to discuss key business strategies for the second half of the year.
Samsung holds its global strategy conference every June and December, bringing together executives under each business division as well as heads of overseas subsidiaries.
This meeting comes as the Korean tech giant seeks to bolster internal support for its Artificial Intelligence (AI)-driven transformation plan. Previously, the company announced its plan to fundamentally reinvent its workflows and corporate culture by fully integrating AI into its operations.
Sources revealed that Samsung will hold a three-day meeting with its mobile business division starting Tuesday, during which it is expected to discuss the supply chain situation and global demand prospects following the end of the Middle East conflict, in order to address concerns over weak profitability in the second half of the year.
Samsung's ongoing AI transformation initiative is also expected to be a major topic at the conference, as the company aims to build consensus not only among its domestic employees but also to drive this process within its overseas subsidiaries.
On Thursday, the highly anticipated meeting for the chip division will be chaired by Jeon Young-hyun, Head of Samsung Electronics Device Solutions, during which the department is expected to review the supply status of high-performance storage products, including high-bandwidth memory (HBM) chips scheduled for delivery to major customers in the second half of the year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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