"Let's Establish the Foundation for a 100-Year Company by Meeting Social Demands Such as Compliance Culture Settlement and Industrial Accident Prevention"

[Image source=Yonhap News]

[Image source=Yonhap News]

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[Asia Economy Reporter Ki-min Lee] Kim Ki-nam, Vice Chairman of Samsung Electronics, urged on the 4th at the Samsung Electronics New Year's ceremony to create a creative company where challenge and innovation breathe, stating that social and economic changes are being accelerated following the COVID-19 pandemic. Vice Chairman Kim also emphasized establishing the foundation for a century-old company by responding to social demands such as fostering a culture of compliance and preventing industrial accidents.


The New Year's ceremony was attended online via video conference by key executives and employees, including Vice Chairman Kim, President Kim Hyun-suk of the Consumer Electronics (CE) division, and President Ko Dong-jin of the IT & Mobile (IM) division.


In his New Year's address, Vice Chairman Kim diagnosed, "The COVID-19 pandemic has accelerated changes across society and the economy," adding, "New technologies and new businesses are emerging, corporate ups and downs are accelerating, and the transition to the era of data and intelligence is also speeding up."


He emphasized, "In the midst of this wave of change, this year must be the first year to respond to change and prepare for the future in order to take a step forward."


Vice Chairman Kim also urged, "Let us transform into a creative company where 'challenge and innovation' breathe, leading the industry landscape with innovative leadership and differentiated competitiveness."


He continued, "Let us become a company that places customers at the center and enhances customer experience and value," adding, "We should systematically nurture next-generation growth areas and prepare anew with a view to the next ten years."


Furthermore, Vice Chairman Kim stressed, "Along with the ongoing social contribution activities, let us develop Samsung's unique 'sustainable management' that considers partner companies, local communities, and even future generations, becoming a responsible member of human society and a respected company."



Additionally, Vice Chairman Kim said, "Let us actively respond to social demands such as establishing an autonomous and proactive compliance culture and preventing industrial accidents to lay the foundation for a trusted century-old company," urging, "Especially, recognize that safety is a non-negotiable essential value and actively participate in safety rule compliance and accident prevention activities."


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

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