KOREA : Samsung Leader Gets in Action
Samsung Electronics Chairman Lee Kun-hee is raising his profile, days after returning from a two-year absence at the top of the world's largest technology firm, heading for Europe to drum up support for PyeongChang's third bid for the Winter Olympics. His departure came on the heels of his meeting with Japanese business leaders. .
The 68-year-old met with Sumitomo Chemical head Hiromasa Yonekura, who was lately designated as the next leader of the Japanese business lobby ``Keidanren,'' earlier this week.
`Chairman Lee believes Samsung still has lots of things to learn from Japanese companies,'' said Rhee In-yong, Samsung's chief communication officer and executive vice president.
`Korea and Japan have a series of areas where they can cooperate. The two nations together with China have a knack in manufacturing and the three need to cooperate not only at the governmental level but also in the private sector.''
Lee has maintained a close relationship with Japanese businessmen. He studied in Japan twice in the 1950s and 1960s at the recommendation of his late father and Samsung founder Lee Byung-chull.
He also had his only son Jay-yong study in Japan.
Under the senior Lee's stewardship, Samsung Electronics also announced this week that the Suwon, Gyeonggi Province-based company would build a ``Nano City'' at its manufacturing center.
The world's largest maker of memory chips and flat-panel displays is vying to construct a self-sufficient city by 2011 where its employees can work as well as enjoying various well-being benefits.
`We will launch projects aimed at creating further growth momentum in our semiconductor manufacturing,'' Kwon Oh-hyun, CEO of Samsung's semiconductor business, said.
`We will materialize infrastructures and policies in tune with our status of the world's top producer of semiconductors.''
In terms of specific action plans, Samsung looks to build a research center where a total of 4,800 workers can work and live with Google-like amenities and beef up the corporate social responsibility programs.
Lee returned to lead the conglomerate last month ― he resigned back in 2008 during a special prosecutor's probe into him.
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