Samsung Electronics Vice Chairman Kim Ki-nam: "Let's Make This the First Year to Realize a 100-Year Company"

Samsung Electronics Holds 2020 Opening Ceremony
Securing Growth Engines Combining Creativity and Innovation

Kim Ki-nam, Vice Chairman of Samsung Electronics.

[Asia Economy Reporter Dongwoo Lee] Kim Ki-nam, Vice Chairman of Samsung Electronics, emphasized the need to secure future growth engines that combine creativity and innovation to realize a 100-year company to be passed on to future generations.

At the New Year's ceremony held on the 2nd at Samsung Digital City in Suwon, Vice Chairman Kim stressed, "The year 2020 is the inaugural year to build a 100-year company, and let us make it a year of growth and leap toward a new future."

As practical measures for this, Vice Chairman Kim urged, "Under the management philosophy of 'contributing to human society with the best products and services,' let us inherit and develop the traditions and assets of our predecessors and secure future growth engines by combining creativity and innovation."

He also expressed concern, saying, "This year, the global economy is expected to become more difficult due to the solidification of the global low-growth trend, expansion of political uncertainties, and the possibility of stagnation spreading from investment and exports to consumption."

In this situation, he emphasized, "Let us strengthen the current business foundation based on past achievements and create a future-oriented and resilient business structure that can withstand economic changes," and "Let us become a trusted brand for customers by securing uncompromising quality competitiveness."

The New Year's ceremony was attended by about 500 executives and employees, including Vice Chairman Kim, President Kim Hyun-suk, President Ko Dong-jin, and other key management personnel.

This content was produced with the assistance of AI translation services.