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Geesung Choi Of Samsung Expects More Competition In Global Electronics Industry

3/16/2012 3:29 AM ET

Geesung Choi, Vice Chairman and CEO of Samsung Electronics opined that the electronics industry across the globe will become more competitive in the coming years.

Speaking at the 43rd Annual General Meeting of the company, he said: "Reorganization of the electronics industry will gain speed this year and global competition will intensify……"

The CEO added that Samsung is geared up to take up the new challenges of competition in the global workplace.

He further added: "To generate distinctive new value, the company will continually enhance the 'hardware competitiveness' of its core business areas and also work on increasing the competitiveness of such 'soft technologies' as software, design, and service. New growth momentum will be built for business areas that the company is fostering in order to develop fundamental competitiveness.

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by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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