SME Times is powered by   
Search News
Just in:   • Crude oil prices surge over 3 pc over Iran tensions, Trump deadline  • Sensex, Nifty slide 1 pc as Hormuz deadline by US rattles markets  • Sensex, Nifty extend rally for 3rd day on hopes of US-Iran de-escalation  • Global energy flows disrupted by West Asia crisis: SEBI Chairman  • CAIT urges govt to implement credit relief, input cost stabilisation measures amid Iran war 
Last updated: 12 Feb, 2024  

Samsung.9.Thmb.jpg Samsung chairman emphasises on rolling out 'bold' investment

Samsung.9.jpg
   Top Stories
» Sensex, Nifty slide 1 pc as Hormuz deadline by US rattles markets
» Sensex, Nifty extend rally for 3rd day on hopes of US-Iran de-escalation
» CAIT urges govt to implement credit relief, input cost stabilisation measures amid Iran war
» RBI MPC meet begins, status quo on policy rate likely amid West Asia tensions
» Govt launches programme to train scientists in Governance under Mission Karmayogi
IANS | 12 Feb, 2024
Samsung Electronics Chairman Lee Jae-yong has emphasised the importance of "bold" investments during a visit to Samsung SDI's battery production line in Malaysia, the company said on Monday.

The visit was made in Lee's first overseas trip since he was cleared of all charges in a court ruling on the controversial 2015 merger of two Samsung affiliates allegedly conducted to help him take over control of South Korea's biggest conglomerate.

"We should not be focusing solely on short-term performances, but rather lead changes by rolling out bold challenges," Lee was quoted by Samsung Electronics as saying during the visit to the factory in Seremban, 65 kms south of Kuala Lumpur.

Samsung has been building an additional production line in the region with a budget of 1.7 trillion won ($1.2 billion) since 2022, reports Yonhap news agency.

Lee also visited Kuala Lumpur to check local consumers' responses to the company's latest Galaxy S24 smartphone, the company added.

Last week, prosecutors appealed a recent court acquittal of Samsung Chairman Jae-yong in a controversial Samsung affiliate merger case.

The prosecution had demanded a five-year prison sentence for the chief of South Korea's largest conglomerate.

Meanwhile, Samsung’s fourth-quarter operating profit sank 34.4 per cent from a year earlier due largely to sluggish semiconductor business but its memory chip segment turned to the black on recovering demand.

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹94.25
₹92.55
UK Pound
₹125.95
₹121.95
Euro
₹108.95
₹105.3
Japanese Yen ₹59.4 ₹57.6
As on 02 Apr, 2026
  Daily Poll
What is the biggest war impact on MSMEs?
 Export Disruption
 Raw Material Spike
 Freight Cost Surge
 Payment Delays
 Currency Volatility
 All
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter