Titanium Media App reported on June 21st, according to the Korean Economic News, after Lee Jae-yong, the vice chairman of Samsung Electronics in South Korea, returned to South Korea from a visit to Europe, the president of the Samsung subsidiary in South Korea held an emergency meeting on June 20th. Analysts believe that through this meeting, the management who accompanied Lee Jae-yong on his business trip conveyed the atmosphere of fierce competition among global companies around technology and talent, and formulated countermeasures. It is reported that each subsidiary will re-examine the mid- and long-term technological development blueprint based on the results of the discussions and formulate specific implementation plans. The group also analyzed global risk factors, including inflation, unstable supply chains and reduced demand for information technology products.
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