Samsung to hold strategy meeting next week amid macroeconomic woes

Samsung Electronics will hold a company-wide global strategy meeting starting next week, industry sources said on Friday, amid stiff headwinds from the uncertain macroeconomic environment.

The company’s device experience division, which oversees the business of mobile phones and home appliances, will convene the meetings next Thursday and Friday, while the device solutions division, in charge of Samsung’s mainstay chip business, is said to hold the meetings around December 22.

Samsung executives will discuss how to navigate mounting challenges from the sluggish global economy, slowing consumer demand, geopolitical tensions and continuing spread of the coronavirus, reports Yonhap news agency.