<Anchor>



There are two main things that made Samsung Electronics today: memory semiconductor and mobile.

Chairman Lee Kun-hee boldly invested in the semiconductor and mobile sectors in Korea, which was a technological wasteland, and Samsung was able to grow into a global company with that foothold.



Then, reporter Kim Hye-min pointed out what the Samsung vice chairman Lee Jae-yong will look like in the future, and what tasks to solve.



<Reporter> The



late Chairman Lee Kun-hee took over Korean Semiconductor in 1974 through private expenses.



Semiconductors were barren in Korea and there were many internal opposition, but investment and technology development continued.



In 1992, we succeeded in developing the world's first 64M DRAM, and since then, it has never given up the world's No. 1 position in memory semiconductors.



With quality management that does not allow defective products, it also surpassed Apple and Sony in the mobile phone and TV markets.



[Late Kun-hee Lee/Samsung Group Chairman (June 1993): (If it does not change in the era of internationalization), I don't know if I can go to the second class or the 2.5 class, or at best, the 1.5 class.

However, the first class is absolutely not.

If it doesn't change now.] Although the



semiconductor and mobile phone divisions are supporting Samsung Electronics' performance, there are many tasks in front of Samsung, Vice Chairman Lee Jae-yong.



The memory semiconductor market, which Samsung Electronics focuses on, is sensitive to economic changes and is highly volatile.



Vice Chairman Lee is increasing the proportion of system semiconductors and is concentrating on AI semiconductor development.



During the past six years and five months, during the past six years and five months, during the past six years and five months, Vice-Chairman Lee declared AI, 5G communication, bio, electronic equipment parts, etc. as'four future growth businesses'.



The uncertainty in the trade environment and the trade conflict between the US and China due to the re-proliferation of Corona 19 can be a stumbling block.



[Jiyong Seo/Professor, Department of Business Administration, Sangmyung University: We need to advance our business in the field of system semiconductors.

Taiwanese companies are relatively behind in market share, and memory companies such as SK Hynix are also following a lot of market share right now.]



There are many evaluations that it remains to be seen whether Vice Chairman Lee will show the same management ability as his father in a crisis

.

.



Vice-Chairman Lee Jae-yong is a challenge to solve, such as reorganization of the governance structure to address owner risks and whether the limitations of group control due to limited equity can be supplemented with management capabilities.



(Video editing: Kim Jong-woo)