Samsung Electronics is placing a strong emphasis on technological leadership and AI innovation in 2024, as global chip demand begins to show signs of recovery. The company’s two CEOs, Vice Chairman Han Jong-hee and President Kyung Kye-hyun, highlighted the need to enhance fundamental competitiveness and incorporate generative AI into device experiences and work transformation. Similarly, SK hynix CEO Kwak No-jeong emphasized AI innovation and the company’s position as a key player for global AI clients. Other industry leaders, including Hanwha Group Chairman Kim Seung-youn, GS Group Chairman Huh Tae-soo, Posco Holdings Chairman Choi Jung-woo, and LS Group Chairman Koo Ja-eun, underscored the importance of innovation, sustainability, and seizing opportunities for growth in their respective sectors.
In the retail sector, Lotte Group Chairman Shin Dong-bin acknowledged the challenges posed by a global economic downturn and the need for bold restructuring, increased AI adaptability, and technological investments. CJ Group Chairman Sohn Kyung-shik also recognized the evolving business landscape and emphasized the restoration of a sense of urgency. GS Retail CEO Huh Yeon-soo presented a visionary goal of growing into a 100-year company and highlighted shifts in shopping patterns and media consumption. Korean beauty companies, including LG Household & Health Care, Samyang Foods, and Nongshim, outlined their plans for renewed growth and further global expansion.
The article provides insights into the business goals and strategies of various industry leaders in South Korea. It highlights their focus on innovation, sustainability, AI, and seizing opportunities in an uncertain business environment. With a conversational tone and adherence to SEO best practices, the article aims to deliver valuable content for readers interested in the latest developments and trends in the South Korean business landscape.
Sources:
– [Samsung Electronics Focuses on Technological Leadership and AI Innovation in 2024](https://www.koreaherald.com/view.php?ud=20220104000964)
– [SK hynix CEO Kwak No-jeong](https://www.koreaherald.com/view.php?ud=20220104000946)
– [Hanwha Group Chairman Kim Seung-youn](https://www.koreaherald.com/view.php?ud=20220104000980)
– [GS Group Chairman Huh Tae-soo](https://www.koreaherald.com/view.php?ud=20220104000954)
– [Posco Holdings Chairman Choi Jung-woo](https://www.koreaherald.com/view.php?ud=20220104000986)
– [LS Group Chairman Koo Ja-eun](https://www.koreaherald.com/view.php?ud=20220104000962)
– [Hanjin Group Chairman Walter Cho](https://www.koreaherald.com/view.php?ud=20220104000959)
– [Lotte Group Chairman Shin Dong-bin](https://www.koreaherald.com/view.php?ud=20220104000923)
– [CJ Group Chairman Sohn Kyung-shik](https://www.koreaherald.com/view.php?ud=20220104000950)
– [GS Retail CEO Huh Yeon-soo](https://www.koreaherald.com/view.php?ud=20220104000996)
– [LG Household & Health Care CEO Lee Jung-ae](https://www.koreaherald.com/view.php?ud=20220104000982)
– [Samyang Roundsquare CEO Kim Jung-soo](https://www.koreaherald.com/view.php?ud=20220104000931)
– [Nongshim CEO and President Lee Byung-hak](https://www.koreaherald.com/view.php?ud=20220104000928)
