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Business<br />
Samsung's<br />
"Turningpoint"<br />
As Lee Kun-hee, Chairman of Samsung, mentioned several<br />
times before, "Samsung needs to become younger to compete in the<br />
21st century." Samsung is now all set to be younger. How so? First<br />
off, the prince of Samsung was promoted to the position of president,<br />
in addition to the Strategic Planning Office making a come<br />
back. Lastly, replacing a massive amount of heads of subsidiaries<br />
are ways for pushing the company to a newly younger direction.<br />
According to the firm, the company's promotion was about putting<br />
innovative new people who can realize Samsung's vision and create<br />
new drivers of growth. This exceptional reorganization is the chairman's<br />
intention to respond to the Information Technology market<br />
in a hurry as he leads the company to a software strong organization.<br />
Samsung is ready for new<br />
32 KOREA <strong>IT</strong> TIMES | December 2010