TweakTown
Tech content trusted by users in North America and around the world
5,922 Reviews & Articles | 38,164 News Posts

Samsung executives are paranoid, are playing the market safely and dominating in the meantime

Samsung executives are playing the market wisely, yet are still paranoid of how volatile it is

| Business, Financial & Legal News | Posted: Mar 29, 2013 2:26 am

Businessweek have a very interesting piece on Samsung, which goes right into the heart and soul of the South Korean company. We know Samsung are willing to try anything and everything when it comes to smartphone form factors, where we see anything from smaller displays (under 4-inch) right up to the 5.5-inch Galaxy Note II.

 

TweakTown image news/2/9/29405_01_samsung_executives_are_paranoid_are_playing_the_market_safely_and_dominating_in_the_meantime.jpg

 

But on the flip side, it's not just about offering a multitude of devices, it's about knowing when and how to play them out. It was only a couple of years ago that Android didn't exist, and now we have around one billion Android-based devices in the wild.

 

One of the parts of Businessweek's article is quite interesting, in that they state that Samsung executives are paranoid - but not in a bad way. Being paranoid means you never stop, like other companies I won't mention, and you continue to innovate in the hopes of keeping your existing customer base, and securing more.

 

Businessweek's piece points us toward Samsung's Chairman, Lee Kun Hee, who has forbid people working with Samsung to enjoy their own success, and constantly tells them to watch out for smaller competitors. He told his employees in 2010: "Our major businesses can disappear in 10 years," and that is very, very true.

 

Stepping down the rabbit hole, Samsung mobile marketing chief, DJ Lee, told Businessweek that the Samsung chairman constantly tells employees that the company is in "perpetual crisis" and that it is both "in danger" and "in jeopardy."

NEWS SOURCE
Bgr.com

Related Tags

Further Reading: Read and find more Business, Financial & Legal news at our Business, Financial & Legal news index page.

Do you get our news RSS feed? Get It!

Post a Comment about this news

Latest Tech News Posts

View More News Posts

TweakTown Web Poll

Question: Facebook's acquisition of Oculus VR will...

Improve Oculus Rift Development

Hamper Oculus Rift Development

Completely destroy Oculus Rift Development

Let's wait and see, I'm not sure

or View the Results

View More Polls

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases