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Lee and Samsung Group seem worry about consumer demand
On January 2nd, the first business day of 2023, Samsung Elec Chief Lee Jae-yong met the heads of all Samsung Group business units and discussed the management of softening consumer demand. It shows that officials are worried about damping consumer demand worldwide.
Usually, Lee visits Samsung Group sites under his New Year’s plan, but this time, he managed to gather all top rank officials for discussion. Chairman Lee had a dinner meeting with the presidents of Samsung Group subsidiaries including Samsung Electronics, Samsung C&T Corp., and Samsung Life Insurance.
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As per PulseNews sources, the meeting held by Lee Jae-yong included the topic of underscoring the urgency of coming up with emergency measures to cope with growing uncertainties in the global economy.
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Besides, they have discussed various measures in an emergency mode to cope with softening consumer demand worldwide amid high-interest rates and inflation.
Lee’s latest meeting with the top executives of all Samsung Group business units comes as Korea’s largest business group is also bracing for a bumpy year ahead with signs of a slump at home and abroad this year.
