BUSINESS

Samsung seeks to attract global investments

By Kim Young-won
  • Published : Jun 14, 2016 - 14:51
  • Updated : Jun 14, 2016 - 17:59
[THE INVESTOR] The fourth week of June will probably be one of the busiest weeks this year for tech giant Samsung Electronics as it is slated to hold, as well as participate in, a series of meetings and events to entice global investors.

The Korean tech giant will be holding a global strategic meeting with the top executives of its global offices from June 21 to 22 at the firm’s head office in Suwon. 

Lee Jae-yong, vice chairman of Samsung Electronics.

Around 400 to 500 chiefs and executives of Samsung’s global offices flock to the conference every year to discuss business strategies and to evaluate the company’s products and business performances. The meeting is held twice a year, in June and December.

The chief executives of the firm’s three business pillars -- Yoon Boo-keun of consumer electronics, Kwon Oh-hyun of device solutions and Shin Jong-kyun of IT & mobile communications -- will be in charge of their respective sessions during the biannual meeting. Samsung Group vice chairman Lee Jae-yong is expected to either attend a banquet or meet with newly appointed executives of the firm.

During the meeting last December, the Samsung executives are said to have discussed how to maintain growth momentum in a period of low growth trends.

On June 20, the tech giant will hold the Samsung Investors Forum 2016, an annual investor relations meeting, at Conrad Seoul in Yeouido.

The company will elaborate on the businesses of its device solutions division, including its Internet of Things platform and integrated chip packaging technology.

In the session for the IoT, the company will map out its plan to grow its own IoT platform, ARTIK, and the entire IoT ecosystem.

Since 2014, the company has held investor relations conferences in Hong Kong, New York, Singapore and Seoul, during which it unveiled bio-processors, mobile system-on-chip products, and image sensors.

The tech firm is currently taking part in Corporate Day 2016, an investment conference, and it will also be participating in Korea Conference 2016, an investor relations conference, hosted by Swiss investment firm UBS.

By Kim Young-won (wone0102@heraldcorp.com)