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On the day he took over as chairman after 10 years as vice chairman, Samsung Electronics received a very poor report card.

Massive performance deterioration, the so-called earnings shock.

Operating profit in the third quarter decreased by 31% compared to last year, especially in the semiconductor sector, which is the main focus.



In this crisis, reporter Jeong Hye-jin summarized the future of Samsung, and Lee Jae-yong's homework.



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After the pardon lottery in August, Chairman Lee Jae-yong's first official move was 'take care of semiconductors'.



However, from the first day of his promotion as president, his semiconductor report card is not good.



He overtook Intel and gave up the world's No. 1 semiconductor sales position for the first time in three years to Taiwan's TSMC.



Chairman Lee also said, "For the past few years, we have not been able to lead in new fields, and in the existing market, we are being challenged by competitors."



Two days ago, during the second anniversary of the late Chairman Lee Kun-hee's father, Lee Han's words replaced his inaugural address, revealing Lee's sense of crisis.



The super-gap semiconductor Mercury is considered the first task of Chairman Lee.



[Park Jae-geun/President of the Korean Society of Semiconductor Display Technology: (Samsung) has less investment and less manpower than TSMC foundry.

Investments in R&D, securing production, and securing manpower must be made.

We will have to make bold investments to further expand the automotive semiconductor business from the current mobile-centric business.]



Like the semiconductors of the predecessors, the creation of future food that will portray Lee Jae-yong's 'New Samsung' is also an important task.



Chairman Lee also attended the completion ceremony of the Samsung Virologics 4th factory right before his promotion and pledged to become a second semiconductor legend.



When the issue of succession caught on, the 4-year-old declared abandonment of management.



[Lee Jae-yong / Vice Chairman of Samsung Electronics (Apologize to the public in May 2020): I do not intend to pass on the management rights of the company to my children.]



The transition to the professional management system is emerging, but we have to wait and see how it will be realized.



Governance is also a concern.



Chairman Lee's family is dominated by life and electronics at Samsung C&T, and if the insurance business law promoted by the opposition party is passed, they will have to sell their electronic shares in life and the axis will collapse.



Therefore, the revival of group control towers such as the Past Future Strategy Office is being discussed, but criticism of going back to the past may be raised.



(Video editing: Lee Seung-yeol)