Samsung's future: Five challenges for Chairman Lee Jae-yong

Tech tycoon faces chip downturn, underscoring need for new growth engines

20221028 Lee Jae-yong

Lee Jae-yong takes over Samsung's top leadership role at a challenging time for the global tech giant. © Reuters

KIM JAEWON, Nikkei staff writer

SEOUL -- After decades of grooming, Samsung Electronics scion Lee Jae-yong has finally reached the pinnacle of the global tech giant after the announcement on Thursday of his appointment as chairman, succeeding the position left vacant after the death of his father, Lee Kun-hee, in 2020.

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