Samsung’s Lee Jae-yong Resumes Business Activities: The DONG-A ILBO

Public attention is growing as work restrictions imposed on Samsung Electronics Vice Chairman Lee Jae-yong were pardoned on Friday. Lee is expected to visit business sites at home and abroad and meet with business partners with restrictions lifted.

According to trade industry reports on Sunday, Lee plans to meet with senior executives at Samsung Electronics to discuss trade issues. Lee had met senior Samsung Electronics officials at the group’s headquarters when he was released on parole in August last year.

Vice President Lee is also expected to join business operations. “Lee will be meeting with various business partners to discuss ideas to make up for his absence for the past few years,” a Samsung source said. “We expect more international travel.”

Semiconductor sites are most likely to be visited as the industry draws to a close with declining demand in the computer industry due to the global economic downturn. Lee will likely visit the Hwaseong Campus in Gyeonggi Province, which mass-produced the world’s first 3-nanometer smelting product, or the Pyeongtaek Campus that US President Joe Biden visited during his visit to Korea in early May. .

Lee is also likely to visit retail sites, including Samsung Digital Plaza, as a gesture to highlight the importance of on-site sales with slowing sales growth due to the global economic situation. In 2020, Lee also visited Samsung Digital Plazas before the Chuseok holiday.

Teuk-Gyo Koo [email protected]

Sara H. Byrd