On the 2nd, Jang Deok-hyun, president of Samsung Electro-Mechanics, said in a New Year’s message sent via email to all employees, “Let’s create a world-class parts company that is not swayed by the recession with overwhelming technological prowess.”
President Jang noted to employees, “A professional is an expert who maintains an attitude of taking responsibility and strives to produce the best results,” adding, “The global economic situation is expected to be challenging to the extent that low growth may become the new normal of the economy.”
He also stated, “This year, while the management environment is expected to be tough due to concerns about prolonged low growth and intensified global competition, there are also opportunities such as expanding demand in high value-added markets like AI and automotive electronics,” and emphasized, “To overcome the crisis, let’s strengthen technology-centered management, secure cost and manufacturing competitiveness, transform into a high-profit business structure like automotive electronics and servers, and focus our capabilities on expanding new businesses to exceed market growth rates.”
Finally, President Jang said, “Like a swift snake, let’s respond deftly and skillfully to our surroundings through careful prediction and thorough preparation,” and urged, “Let’s gather the passion and energy of all employees to make this a year of taking a leap forward.”