To address these challenges, Samsung plans to expand its stock-based performance system to employees and has launched a share buyback plan worth 10 trillion won. The company is also preparing for potential difficulties in 2025 due to economic uncertainties and is determined to achieve tangible results in mergers and acquisitions despite regulatory hurdles. Samsung's market share has been affected by increased competition in contract chip manufacturing and smartphones, and it faces additional challenges from U.S. restrictions on chip exports to China, its most important market.
Key takeaways:
- Samsung is considering major mergers and acquisitions to drive growth and address shareholder concerns.
- The company has faced criticism for poor stock performance and lagging behind in advanced memory chips and contract chip manufacturing.
- Samsung shares have increased by 2.3% compared to the market's 0.9% rise, despite previous declines.
- Samsung plans to address competition and market challenges, including U.S. restrictions on chip exports to China and competition from TSMC and Apple.