Samsung rebounding after Lee’s third year as chairman

Samsung Electronics Executive Chairman Lee Jae-yong marked three years at the helm of Korea’s largest conglomerate on Monday, as the group shows signs of renewed momentum. After a year clouded by concerns over slowing growth, Samsung has begun to turn the tide in recent months with a rebound in its semiconductor business and the easing of Lee’s legal uncertainties, fueling optimism about a broader recovery across the group. Lee became chairman of Samsung Electronics on Oct. 27, 2022, two years after the death of his father, former Samsung Group Chairman Lee Kun-hee. Upon his appointment, he told executives of Samsung affiliates that “now is the time to act with greater boldness and ambition.” Since then, Lee has largely refrained from making public remarks on running the tech giant, instead maintaining a quiet leadership style and stressing Samsung’s role in the Korean economy and society during his public appearances. However, questions were raised over Samsung’s semiconductor prowess as the company’s profitability slowed down, with critics questioning the company’s corpWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times