Most importnant Lee Kun-hee quotations from annual speech

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At his annual speech at Shilla Hotel in Seoul on Jan. 2, 2014, Lee Kun-hee, Samsung’s chairman delivered his annual speech. Let’s gather as many quotes from Mr. Lee Kun-hee as w can to give You some perspective on where Samsung will be heading in 2014 and beyond.

Research & development center(s) should work around the clock, non-stop.

[Samsung must] get rid of business models and strategies from five, ten years ago and hardware-focused ways.

We have to change once again.

We must give a bigger push for innovations, including in business structure, so that we can lead industry trends.

Samsung should create new businesses by integrating technologies from different industries.

Our leading businesses are constantly being chased by competitors, while time is running out for our less-competitive businesses.

Last year, we engaged in do-or-die battles with companies around the world and endured patent wars in light of market slowdown and prolonged, weak global economic growth.

Lee Kun-hee – Samsung chairman

I think no comment is needed, man speaks for himslf.

Source: bloomberg.com / wsj.com

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