Home Samsung Samsung boss is the one Korean enterprise individual to get this distinctive honor

Samsung boss is the one Korean enterprise individual to get this distinctive honor

0
Samsung boss is the one Korean enterprise individual to get this distinctive honor

A lot ink has been used to put in writing about Samsung’s outsized affect on South Korea’s financial system. But, regardless of the assorted observations and controversies surrounding the nation’s most precious conglomerate, it is also the one one with a very international presence that is acknowledged for its immense potential.

Working example, the record of 100 most influential individuals in enterprise that Fortune just lately put out. There’s just one Korean individual on that record, and it is Jay Y. Lee, the chairman of Samsung Electronics.

Samsung’s international potential is rightly acknowledged

Jay Y. Lee is the one Korean to make it on the record of Fortune’s 100 strongest individuals in enterprise. That is a testomony to the potential of Samsung that the world realizes, whilst South Korea is residence to much more international firms throughout many industries, corresponding to automotive, aviation, semiconductor, engineering, and building.

The Samsung boss was ranked on no. 85 on the record. Fortune has calculated a number of metrics to place collectively this record, together with the dimensions of the enterprise that every individual on the record runs, mid-term and short-term income potential, development in income, market worth, and the general well being of their enterprise primarily based on 12-month trailing liquidity, effectivity, and solvency.

A number of the different elements which have additionally influenced the rankings embrace the potential to innovate, international influence, affect, and profession trajectory. The journal identifies Samsung as main chipmaker however factors out that it has fallen behind rivals just lately within the growth of high-bandwidth reminiscence chips.

Jay Y. Lee’s 18-month jail time period was additionally talked about. His different authorized troubles embrace a number of costs stemming from a controversial merger, for which he was acquitted, however the prosecution has solely right this moment sought a five-year jail sentence within the ongoing retrial.

Nonetheless, Samsung Electronics’ chairman is preserving good firm on this record, which incorporates the likes of Tesla CEO Elon Musk, NVIDIA CEO Jensen Huang, Warren Buffet, and plenty of different prime enterprise individuals.

LEAVE A REPLY

Please enter your comment!
Please enter your name here