Overview
- Samsung CEO Lee Jae Yong described the company's situation as a 'question of survival or death' in a recent address to 2,000 senior executives.
- The company has fallen behind competitors in the development of advanced AI-focused semiconductors, a critical growth area.
- Samsung has also lost global market share in its key smartphone and television segments, compounding its challenges.
- Analysts predict a significant decline in operating profits, with a potential drop of over 20% in the first quarter of 2025 compared to the previous year.
- Lee emphasized the need for substantial investments in future technologies, even at the expense of immediate profitability, to regain competitive edge.