CEO Dong-jin Ko, head of IM division at Samsung Electronics. Photo = Yonhap News
Dongjin Ko Samsung Electronics(82,200 -0.72%) At the 52nd regular shareholders’ meeting held at the Suwon Convention Center on the 17th, the president of the IT and mobile (IM) division said, “There is a serious imbalance between the supply and demand of semiconductors on the IT side around the world.” “Every morning after meeting partners, employees are running into the problem of supplying parts,” he explained. He said, “I can’t say that it’s 100% resolved, and the second quarter is a bit of a problem.”
Regarding the discontinuation of the’Galaxy Note’ series, which is a premium smartphone, he said, “The Galaxy Note series is the highest-end product in Samsung Electronics’ smartphone portfolio. It is difficult to release the flagship model twice a year. “He explained. He added, “Even though the release date may be different, we will release the Galaxy Note next year.”
Individual shareholders, institutional investors, vice chairman Kim Ki-nam, president Kim Hyun-seok, and president Dong-jin Ko attended the general shareholders’ meeting on this day. At the general shareholders’ meeting that day, Samsung Electronics presented ▲ approval of financial statements ▲ appointment of internal and external directors ▲ appointment of outside directors to become members of the Audit Committee ▲ approval of the compensation limit for directors. For the convenience of shareholders, Samsung Electronics broadcasted its general shareholders’ meeting online for the first time this year, and has introduced an electronic voting system since last year.
Reporter No Jeong-dong Hankyung.com [email protected]
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