Kim Ki-nam, Vice Chairman of Samsung Electronics [Photo by Yonhap News]

Kim Ki-nam, Vice Chairman of Samsung Electronics [Photo by Yonhap News]

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[Asia Economy Reporter Kim Hyewon] On the 2nd, Samsung Electronics held its 51st anniversary ceremony at Samsung Digital City in Suwon, attended by executives and employees including Vice Chairman and CEO Kim Ki-nam, President and CEO Kim Hyun-suk, and President and CEO Ko Dong-jin.


Considering the COVID-19 situation, Samsung Electronics minimized the number of attendees and conducted the event solemnly and modestly.


Starting his anniversary speech, Vice Chairman Kim said, "The passing of Chairman Lee Kun-hee was another great shock and sorrow to all our employees who are going through a more difficult time than ever due to COVID-19 and uncertain business environments," and paid tribute by saying, "We pray for the eternal rest of the Chairman."


Vice Chairman Kim then urged employees, "Let us inherit and develop the 'DNA of challenge and innovation' inherent in us, and to unite our wisdom and strength as one, let us carry on the challenge and passion left by the Chairman to evolve into a creative company that changes the industry landscape. Since our competitiveness starts with the best talents, let us create a culture of mutual consideration and trust among employees, fulfill our social responsibilities, and build the foundation of a 'sustainable 100-year company' that contributes to future society."


Samsung Electronics also reflected on its achievements over the past year through an anniversary video, overcoming COVID-19 and achieving solid performance. The video showcased employees' efforts in quarantine throughout the company, support for establishing smart factories for mask manufacturing companies, and providing the Yeongdeok Training Center as a residential treatment center, highlighting activities alongside society.



Despite the challenging business environment due to COVID-19, the company also reviewed its record-breaking sales of 66.96 trillion won in the third quarter, its global 5th place ranking with a brand value of 62.3 billion dollars, and its growth as a strong and sustainable company, pledging to "walk together toward the future with 100-year Samsung."


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

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