Next year with the digit 2023 is going to start which will bring several ups and down in every manufacturing unit. With this fact, Samsung Electronics has planned a wide global meeting of the company in which they are going to discuss the business strategies for 2023.
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According to the report, Samsung has conducted a three-day global meeting to consult business strategies and keys for upcoming challenges of next year with its top heads and executives. So that company could go in right direction from the beginning itself.
In this conducted meeting, the senior executives of Samsung Korea and Global will share ideas about the current issues at each division and region and will further discuss business purposes and sales strategies for next year which is 2023.
On the other side, Vice Chairman and Chief Executive Officer Han Jong-hee of the Device eXperience (DX) division overseeing smartphone and home appliance businesses and CEO Kye-hyun Kyung of the Device Solution (DS) division will be responsible for memory chip and foundry businesses.
Notably, Executive Chairman Jay Y. Lee is not going to be present at the meeting and will receive a report on the results later. The concern of the meeting is going g to be the solution for current challenges such as high inflation, a stronger U.S. dollar, and a global economic slowdown.
Further, the DX division is expected to develop a strategy to defend against a decrease in demand for its mainstay smartphone and TV models. Whereas, the DS division will project next year’s memory market conditions and monitor the strategies for advanced memory technology and foundry business.
