Vice Chairman Lee Jae-yong Holds Relay Inspection Meetings with Semiconductor and Smartphone Presidents

Lee Jae-yong, Vice Chairman of Samsung Electronics

[Asia Economy Reporter Changhwan Lee] Samsung Electronics Vice Chairman Lee Jae-yong held a series of meetings with presidents of key business divisions such as semiconductors and smartphones to review strategies for overcoming the crisis.

According to industry sources on the 15th, Vice Chairman Lee met in the morning with Samsung Electronics Vice Chairman Kim Ki-nam, President Jin Gyo-young of the Memory Business Division, President Jung Eun-seung of the Foundry Business Division, President Kang In-yeop of the System LSI Business Division, and President Park Hak-gyu, Head of Management Support at the DS (Device Solutions) Division, to discuss the global semiconductor market conditions and investment strategies.

In the afternoon, Vice Chairman Lee reportedly held consecutive strategy meetings on foundry (semiconductor contract manufacturing). During the foundry meetings, they reviewed the global market situation, the impact of trade disputes on the market, and the development roadmap for advanced processes (5nm, GAA, etc.).

Afterwards, he held a meeting with the wireless business division management to review first-half performance and discuss plans to expand sales in the second half, as well as to review the operating strategy for next year’s flagship lineup.

Attendees included Samsung Electronics Wireless Business Division President Noh Tae-moon, President Choi Yoon-ho of Management Support, Vice President Choi Kyung-sik, Head of Strategy Marketing for the Wireless Business Division, Vice President Kim Kyung-joon, Head of Development for the Wireless Business Division, and Vice President Kim Sung-jin, Head of Support Team for the Wireless Business Division.

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