Samsung Electronics Vice Chairman Lee Expands Scope of Management after being Nominated Board Member
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Samsung Electronics Vice Chairman Lee Expands Scope of Management after being Nominated Board Member
Lee expands his scope by meeting with Dutch Prime Minister Rutte and Indian Prime Minister Modi

05(Sat), Nov, 2016




Samsung Electronics Vice Chairman Lee Jay-yong tries out a device produced by the Korean electronics maker before the visiting Dutch Prime Minister Mark Rutte at Samsung Electronics¡¯ building in Seochodong, Seoul, on Sept. 27. (Photo: Samsung Electronics)



Samsung Electronics Vice Chairman Lee Jay-yong met with visiting Dutch Prime Minister Mark Rutte at the Samsung Electronics¡¯ building in Seochodong, Seoul, on Sept. 27. The Dutch prime minister, accompanied by David Steel, vice president in charge of marketing strategy and operation at Samsung Electronics USA, toured Samsung Electronics¡¯ building in Seocho-dong. Reports have that Prime Minister Rutte discussed ways of promoting cooperation in the ICT sector during his meeting with Samsung Electronics Vice Chairman Lee. 

Philips is a home appliance leader headquartered in the Netherlands, but the company is shifting into business portfolios focusing on B2B and health care, and reducing focus on the TV sector. The Dutch prime minister, guided by Vice Chairman Lee, toured the Samsung publicity hall. Lee explained to Prime Minister Rutte about Samsung Electronics¡¯ major products and innovative technologies, including large-sized TV sets and its latest smartphones. Vice Chairman Lee has been expanding his management scope after declaring ¡°responsibility management¡± when he was nominated a boardroom member on Sept. 12. 

Vice Chairman Lee toured India and met with Indian Prime Minister Narendra Modi in New Delhi on Sept. 15 to discuss the company¡¯s business situation in India. 

It was Lee¡¯s first official activity after being nominated a board member of Samsung Electronics. Lee was named as a registered member of the company¡¯s board of directors, marking an important step in taking over the company¡¯s leadership from his ailing father, Lee Kun-hee. 

Samsung Electronics convened a board of directors meeting on Sept. 12 and approved the naming of Vice Chairman Lee as a boardroom member. They also approved the spinning off of the printing business.

Vice Chairman Lee will be officially elected at an extraordinary shareholders¡¯ meeting slated for October. Vice Chairman Lee¡¯s nomination as a boardroom member came as the Korean electronics giant is grappling with the fallout from the massive recall of the latest Galaxy Note 7 due to faulty batteries. 

In an electronic filing, Samsung Electronics said, ¡°It is getting more important than ever to make brave and fast investments to ramp up competitiveness in a rapidly changing IT business environment and make strategic decision-making in a long-term perspective of securing mid-and long-term growth engines.¡± 


Samsung Starts Mass Production of SoC Products with Industry¡¯s 1st 10 Nano Technology

Samsung Electronics Co., Ltd., a world leader in advanced semiconductor technology, has launched mass production of System-on-Chip (SoC) products with 10-nanometer (nm) FinFET technology, a first in the industry.

Following the successful mass production of the industry¡¯s first FinFET mobile application processor (AP) in January 2015, Samsung extends its leadership in delivering leading-edge process technology to the mass market with its latest offering.

¡°The industry¡¯s first mass production of 10nm FinFET technology demonstrates our leadership in advanced process technology,¡± said Yoon Jong-shik, executive vice president and head of Foundry Business at Samsung Electronics. ¡°We will continue our efforts to innovate scaling technologies and provide differentiated total solutions to our customers.¡± Samsung¡¯s new 10nm FinFET process (10LPE) adopts an advanced 3D transistor structure with additional enhancements in both process technology and design enablement compared to its 14nm predecessor, allowing up to a 30 percent increase in area efficiency with 27 percent higher performance and 40 percent lower power consumption. 

In order to overcome scaling limitations, cutting edge techniques such as triple-patterning to allow bi-directional routing are also used to retain design and routing flexibility from prior nodes.

Following the introduction of Samsung¡¯s first-generation 10nm process (10LPE), its second generation process (10LPP), with a performance boost, is targeted for mass production in the second half of 2017. The company plans to continue its leadership with a variety of derivative processes to meet the needs of a wide range of applications.

Through it collaborates closely with customers and partners, Samsung also aims to cultivate a robust 10nm foundry ecosystem, that includes reference flow verification, IPs and libraries. Production level process design kits (PDK) and IP design kits are currently available for design starts. 

   
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