Defining Year for a Korean IT Icon
Defining Year for a Korean IT Icon
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  • 승인 2006.01.01 12:01
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Yoon Jong-yong, vice chairman of Samsung Electronics Capitalizing on Turin's Winter Olympics and Germany's FIFA World Cup in 2006, Samsung expects watershed year to become true global leader Considering managerial environment for 2006, the Year of the Dog, domestic enterprises are expected to face no less than difficulties than last year, such as the Korean won's appreciation against the dollar and high oil prices. The domestic electronics industry will also face stiff competition in securing a leadership in the industry because of the collapse of the four "walls," -wall of price, wall of technology, wall of value added and wall of region. In 2006, particularly, such broadband services as DTV, DMB, Wibro will be provided in earnest, offering electronics makers new business opportunities.
Also, if we make the best use of special demands on the occasion of the Winter Olympics and the Germany World Cup, we can upgrade brand status further this year. 2006 is the year for Samsung Electronics to establish a firm foothold for leap into the top class in the world. To attain the target, Samsung Electronics will further bolster foundations of the eight growth engine businesses and actively foster seed businesses. At the same time, in our absolute No. 1 projects, including memory, display, mobile phone and DTV, we will introduce reformative products in terms of cost, quality and design, to the market in advance, keeping the market leadership continuously. This year is the third year since Samsung Electronics has begun to solidify the foundation to leap toward the top class in the world. Accordingly, 2006 is the very high point for our company to advance into the world's top level. In 2006, we should discard the way of thinking as a follower and secure a creative leadership to lead the nation's industrial development. All executives and staff members of Samsung Electronics should make all-out efforts to make our company a top in the world this year by changing their sense of value, way of thinking and working methods.

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