Breaking News
FONT-SIZE Plus   Neg
Share SHARE

Geesung Choi Of Samsung Expects More Competition In Global Electronics Industry

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.

Click here to receive FREE breaking news email alerts for Samsung Electronics Co. Ltd. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
U.K. inflation slowed marginally as expected in August on falls in prices of motor fuels and food, data from the Office for National Statistics revealed Tuesday. Factory-gate prices declined for the second straight month indicating benign inflationary pressures in the pipeline. Consumer prices rose 1.5 percent year-on-year in August, slower than the 1.6 percent rise in July. The United Nations Security Council has long been a bastion for men selected to represent their countries on what is considered to be the Organization's most powerful body. But now, women ambassadors are occupying more than one third of the Council's 15 seats, making history with record representation of the gender. "It's a little strange that it's taken us this long," according to Ambassador Syl Yukiya Amano, Director General of the International Atomic Energy Agency (IAEA), said Monday that nuclear programs of the Democratic People's Republic of Korea (DPRK) and Iran remain matters of serious concern. The head of the United Nations nuclear watchdog made the remarks at the opening of the...
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.