Lee Jae-yong, Chairman of Samsung Group: Adhere to the development in China and strive to be a company loved by the Chinese

IT House

2024-05-27 11:41Posted on the official account of Shandong IT Home

IT House news on May 27, according to Xinhua News Agency, on the afternoon of May 26, local time, during the ninth China-Japan-South Korea leaders meeting held in Seoul, South Korea's Samsung Group Chairman Lee Jae-yong said that he would "adhere to the development in China and be committed to being a company loved by the Chinese."

According to the report, Lee Jae-yong introduced the investment and cooperation of Samsung Group in China, thanked the Chinese government for its strong support for Samsung's production and operation in China, and said that Samsung will adhere to the development in China, devote itself to being a company loved by Chinese people, and continue to make its own contribution to the mutually beneficial cooperation between South Korea and China.

Previously, it was reported that Samsung is increasing the production of mobile phones in Chinese mainland, increasing the output of JDM (joint development and design manufacturing) products from 44 million to 67 million units, while increasing the global mobile phone production target from the original 253 million units to 270 million units, which also means that 25% of the relevant production targets are made in Chinese mainland.

IT Home noted that the International Data Corporation (IDC)'s China mobile phone market tracking report for the first quarter of 2024 shows that Samsung ranks 5th in China's folding screen mobile phone market, with a share of 5.9%.

In addition, it is reported that Samsung's Xi'an semiconductor factory is also increasing investment, and Samsung Electronics executives have decided to upgrade its Xi'an NAND flash memory factory to a 236-layer NAND process, and have begun a large-scale expansion.

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