It's been two years since Samsung Electronics' Vice Chairman Jae-Yong Lee became the 'Samsung General Manager' on the 1st of the following month, welcoming various internal and external evils such as Corona 19 and Destruction and Return.

Amidst the evaluation that the company has developed its presence and position as a general manager by repeating omni-directional management actions at home and abroad, there is still a lot of investigation and trials related to self-destruction and farewell to Samsung affiliates. Some point out that there are limits.

According to the business community, an analysis that the deadline for the citizens' apology recommended by the Samsung Compliance Committee will be imminent on the 11th of next month will serve as the vice chairman's testbed for the second anniversary of the general apology.

On May 1, 2018, the Vice Chairman of the Fair Trade Commission was officially elected as the head of Samsung by changing the identity of large companies (Lee Kun-hee → Lee Jae-yong).
After becoming the chief executive, Lee has been making public appearances at home and abroad at least once a month.

This year, we visited the semiconductor research institute at Hwaseong Plant in January and Manaus in Brazil, the semiconductor production line for Extreme Ultra Violet (Extreme Ultraviolet) in February, the Samsung Display Asan Plant, Samsung Electronics Gumi Plant, and Suwon Samsung Advanced Institute of Technology in March. I did 'on-site management'.

"The harder and harder the future, the more we have to prepare for the future. The way we can repay the people's support is innovation," said Lee. "When we think we have reached the limit, let's overcome the wall again." KAIST) emphasized the message 'Overcoming the Corona Crisis'.

After becoming the general manager, Lee continues his overseas business trip to visit affiliated business sites every year during the Lunar New Year and Chuseok holidays. He met with top-ranking people from all over the country and traveled to Japan several times last year, when Japan-Korea conflicts were severe. He also acted as a 'private diplomat'.

Beginning with investment and employment plans worth 180 trillion won in August 2018, large-scale investment plans such as investing 133 trillion won in system semiconductors in April of last year until 2030 and 13 trillion won in 2025 by next year's display business in September last year. Came out one after another.
The number of Samsung Electronics employees reached 10,257 last year, the largest ever, and the R & D expenditure also exceeded 20 trillion won for the first time in history at 20.26 trillion won.

While the vice-president is expanding his stride for his second anniversary, the Supreme Court returned guilty to the alleged charges of innocence in the second trial in August last year regarding the vice-president's state affairs case. It is in progress.

At the moment, the Destruction and Repatriation Prosecutor's Office said that the special prosecutor was idling with a request to evacuate the court, claiming that "the judge is proceeding with the vice president's biased trial."

It is predicted that the summons of the vice-chairman is imminent in the investigation by the prosecution regarding suspicion of the merger between Samsung C & T and Cheil Industries.

In addition, although Vice Chairman Lee is not a direct defendant, trials are underway against Samsung Union's trade union and Samsung Biologics' account accounting.

Externally, Corona 19 Pandemic (a global pandemic) faces a crisis where overseas plants are closed and product sales are hit.

Samsung Electronics' first quarter earnings, which will be announced tomorrow (29th), are expected to be relatively good, but the global semiconductor economy has not fully recovered and the global economy is in recession due to the corona19 crisis, exacerbating the crisis.

In this situation, interest in and around the world is focused on the vice president's 'People's Apology'.

As the vice-chairman's repatriation trial proceeded, Samsung was launched with the Compliance Committee, chaired by former Supreme Court Justice Kim Ji-hyung.

The Samsung Compliance Committee, composed of external members, advised Lee on 11th of last month to apologize to the public for his reflection on suspicion of succession of management rights and union issues.

The first deadline for the public apology was April 10th, but Samsung's request to extend the deadline was extended to the 11th of next month, saying that the spread of Corona 19 took longer than expected to discuss the recommendation.

In the business world, apologizing to the public, which is announced in tandem with the second anniversary of the total, is expected to be an indicator of the change between Vice Chairman Lee and Samsung.

Samsung apologized in August of last year immediately after the vice-chairman's repatriation, saying, "I will be faithful to the company's role to prevent recurrence of wrongdoing." I apologized for the official.

The Compliance Officer said that Samsung's repeated apology was lacking and demanded apology from the vice chairman of the vice president.

The establishment of a union that was not found in the past, and raising the tax, are also evaluated as the new management variables faced by Vice Chairman Lee, who celebrates his 2nd anniversary.

The Samsung Electronics Labor Union (4 unions) belonging to the Korea Federation of Trade Unions (Korea Federation of Trade Unions) demanded collective bargaining with the management within 5 months of the establishment of the union, and Samsung Display established the union in February.

Samsung said, "This vice-chairman is continuing his management activities without a hitch."

(Photo = provided by Samsung Electronics, Yonhap News)