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Samsung CEO acknowledges the need to adapt to new environment

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Samsung CEO acknowledges the need to adapt to new environment

It used to be only yesterday that we were pondering the words of an analyst who believed Samsung’s run in the cellular global may quickly come to an finish in the event that they didn’t adapt to the converting occasions. While we’re nonetheless now not prepared to purchase his statement that Samsung will depart cellular in 5 years, we do agree that Samsung wishes to amendment their technique to stay from falling sufferer to the upward push of a development the place value-environment friendly choices are drawing extra greenbacks than the ones which take a seat on the top finish of the spectrum.

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And bet what? Samsung consents, too. The corporate’s CEO — Kwon Oh-hyun — used to be talking extra approximately the corporate’s long term sustainability in a recent quote cited by Business Korea, nevertheless it indisputably applies to all sides in their industry:

We will have to adapt ourselves to the new environment as an alternative of sticking to our good fortune in the earlier. O consider now's the time for us to flip ourselves into a primary mover from a quick follower.

The CEO it seems that will glance towards restructuring and reorganizing their industry to make it leaner and extra environment friendly, however we wouldn’t be stunned in the event that they ultimately practice that considering to how they take care of their more than a few product strains.

All of that is the signal of a wholesome corporate. Samsung has the skill to see once they’re in a transitional state and will temporarily draw up a transparent plan to take care of it. They aren’t cussed and display a willingness to amendment with the rapid-converting tides of the risky business referred to as generation. We’ll have to keep tuned to see what, precisely, their plans are for doing simply that.

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