Lee Jae-yong, the legal heir of the Samsung Group, did not attend the conference. This is the first shareholder meeting held by Samsung after Lee was released from prison last month. Previously, Lee Jae-yong was involved in the South Korean President. Pro-government scandal involving alleged bribery.
'2017 is Samsung's bumper year. Although the operating environment is facing uncertainty, we have still achieved a record record,' Samsung Chairman Kwon Oh-hyun said, 'We are committed to responding to new challenges in 2018. The challenges will lay the foundation for sustainable growth in the medium to long term and create greater glories.
Mr. Kenji claimed that Samsung’s operating profit last year reached a record 53.6 trillion won (about 49.6 billion U.S. dollars) and vowed to continue to meet new challenges in the development process.
He said that Samsung will focus on increasing dividends for the next three years (as of 2020) and share the company's huge profits with shareholders. Samsung's proposed 50:1 split will also be implemented as planned.
'This year, the rise of trade protectionism and geopolitical risks are still the major uncertainties faced by the company's business environment. 'The transition of the IT industry requires companies to meet the challenges,' said Wu Quanfei, who stated that Samsung is prepared to conduct full communication with shareholders. Expand the scope of communication.