There can be no doubt that the South Korean company Samsung is experiencing golden times. New flagship sale Galaxy Although the S8 did not quite live up to expectations, profits skyrocketed mainly thanks to orders from competing companies for the production of displays and other important components for their phones. Even the big one himself Apple has OLED displays manufactured for its new one iPhone 8 at its age-old competitor. Thanks to this order, Samsung's profits in the second quarter of this year reached an almost incredible 12,1 billion dollars. However, according to the latest news, the South Korean giant remains cautious, even saying that he is not completely sure about his future.
In order to somehow clarify this fact, we need to look at the structure of the entire society. Probably the most appropriate term to describe the Samsung company is the Korean word "chaebol", i.e. a large, family business group. The entire management should then be under the thumb of the Lee clan, who should sit on the imaginary throne, pull the strings and manage the entire colossus de facto in all aspects. And this is where the problem could arise.
A scandal of enormous proportions
Lee Kun-hee, the official chairman of Samsung Group, suffered a heart attack in 2014 and was succeeded by his son Jay Y. Lee. The entire clan was satisfied with the functioning of the company under the new chairman and did not see the slightest reason for change. However, after some time, a scandal of enormous proportions fell on Jay Y. Lee. As available information he got involved in a big embezzlement of money, false statements and was even supposed to figure in the case of influencing the former South Korean president.
This whole issue has caused a lot of confusion within the ranks of Samsung and caused the departure of some members from the entire company. It is now struggling with a lack of leadership positions at the highest levels. However, it will not be easy to supplement them with regard to the overall concept of the company. In addition, competition from Chinese manufacturers is growing every day, and any gaps in Samsung's leadership could cost the company billions of dollars in the best case, or a major slowdown and crisis in the worst case, which could move the Koreans to completely different levels of the market.
However, it is also possible that the court, which has to issue a verdict by August 27 of this year, will clear the new chairman of Samsung and thus once again secure the favor of the whole family. However, this option is extremely unlikely in view of the large amount of evidence. But let us be surprised. Perhaps someone completely different will take the leading position and Samsung will experience even greater prosperity thanks to him.
