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"Deep depth." Samsung Electronics...What kind of breakthrough should I find?

2024.10.12 PM 04:19
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As a result of sluggish semiconductor business, it appears in several forms

Unusual 'apology statement' issued due to weak operating profit

Stock Price Drops to KRW 50,000... Target Stock Price also Downgrades
[Anchor]
These days, Samsung Electronics is truly in the "internal and external exchange."


After apologizing due to poor performance, giving up the position of "the world's best company," and the issue of major disasters erupted, we are in a deep slump to overcome the reality.

I'm reporter Kim Ki-bong.

[Reporter]
Samsung Electronics Chairman Lee Jae-yong's face is stiff as he returns home from his trip to Singapore.

When I returned from the Paris Olympics two months ago, I couldn't find my composure and smile, and I was silent about the reporters' questions.


"Do you have any plans for an unconventional personnel appointment?(....)"

{}}The burden of various unfavorable factors that have recently hit Samsung Electronics has been intact,

Slow demand for general-purpose memory semiconductors, delayed HBM business, and sluggish foundry business are simultaneously occurring.

It even announced a kind of 'public apology' for its third-quarter operating profit, which is below even market expectations that have already been lowered,
The stock price of
lost strength and fell to the 50,000 won level, but the target stock price of the stock market was also lowered.

Some analysts say that SK Hynix's relatively weak third-quarter operating profit will surpass Samsung Electronics' semiconductor division.

On top of that, it dropped to third place by giving up Forbes magazine's "World's Best Job," which it has kept for the past four consecutive years.

To make matters worse, the government even judged that the radiation exposure of semiconductor workers was not a simple disease but a serious accident under the Occupational Safety and Health Act.

For now, Samsung Electronics is extremely concerned about the solution to the crisis.

[Roh Tae-moon / President of Samsung Electronics (MX Business Department): (There's a lot of talk about improving performance, and I was wondering if you have any strategies.) [We'll tell you when we get the chance and it's ready]

However, it is highly likely that there will be a large-scale year-end personnel reshuffle and reorganization.

Some analysts say that some reorganization has already begun since the announcement of the apology, and Samsung Electronics seems to be deeply concerned about finding a breakthrough.

I'm Kim Ki-bong of YTN.



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