Home Technology Samsung apologizes for making just $6.8 billion last quarter

Samsung apologizes for making just $6.8 billion last quarter

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To our prospects, traders, and workers who’ve at all times beloved Samsung Electronics,

At present, we, the administration of Samsung Electronics, wish to first apologize to you.

The efficiency that fell in need of market expectations has raised considerations concerning the basic technological competitiveness and the way forward for the corporate. Many individuals are speaking about Samsung’s disaster. All of this duty lies with us who’re main the enterprise.

Expensive prospects, traders, and workers,

Samsung has a historical past of problem, innovation, and overcoming that has at all times turned crises into alternatives. We will certainly make the intense state of affairs we’re presently going through into a chance for a leap ahead. Our administration will take the lead in overcoming the disaster. Above all, we’ll restore the elemental competitiveness of know-how. Expertise and high quality are our lifeblood. It’s Samsung Electronics’ delight that we are able to by no means compromise on. Slightly than short-term options, we’ll safe basic competitiveness.

Moreover, I consider that solely new applied sciences that don’t exist on the earth and ideal high quality competitiveness are the one methods for Samsung Electronics to make a comeback.

Second, we’ll put together for the longer term extra totally. We are going to rekindle our distinctive ardour to fearlessly pioneer the longer term and to cling to our targets till the top and obtain them. We are going to re-arm ourselves with a difficult spirit to run towards a better aim, slightly than a defensive mindset to guard what we’ve.

Third, we’ll reexamine our organizational tradition and work strategies and instantly repair what must be mounted. We are going to rebuild our conventional organizational tradition of belief and communication. If we discover an issue within the area, we’ll expose it and have a heated dialogue to enhance it. Particularly, we’ll actively talk with traders each time we’ve the chance.

Expensive prospects, traders and workers,

I’m assured that if we problem ourselves fiercely, we are able to undoubtedly flip the present disaster into a brand new alternative. I ask to your help and encouragement in order that Samsung Electronics can as soon as once more exhibit its energy.

Thanks.

Samsung Electronics DS Division Vice Chairman Jun Younger-hyun

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