Samsung held secret China area strategy meeting to recruit more talents in China

Samsung secretly held a strategic meeting in China to recruit more local talent will be located in China as its most important R & D Center

Washington Samsung's CTO (Chief Technology Officer) Li Runyu today low-key visit to China, and in conjunction with the Samsung Corporation Chinese District President Pu Genxi, China in length, and the development of people in charge of more than 60 people in Beijing, to China new market strategy.

A Samsung insiders told reporters, today and tomorrow, Samsung China region development strategy in Beijing held a secret meeting at the same time, the Samsung headquarters for the first time clearly stated "the China built second research and development base of Samsung, the Samsung China become in the world the most important research center."

According to data provided by Samsung, as of the end of 2004, Samsung's cumulative investment of $4 billion in China in 2004 was about $24 billion, accounting for Samsung Group's total overseas business of $22%. Among them, the turnover in mainland China was $16 billion, exports amounted to $9 billion 200 million.

Prior to June this year, Samsung's global executives explicitly give up the past to expand the scale of the main Chinese market strategy, and the pursuit of the implementation of high-end brand strategy in china. At the same time, Samsung's sales target in China this year will be adjusted to $25 billion, the growth target is significantly lower than in previous years.

In fact, since March this year, Pu Genxi, the new president of China, SamSung China has been constantly strengthening its high-end market strategy in China, and its local design and development efforts are also being strengthened.

Informed sources, at yesterday's meeting, Samsung Electronics Global CTO Li Runyu clearly stressed that China is the strategic position of the Samsung Group, but also the world's R & D center concentrated areas. In the future to build China's Samsung's most important global research and development center, we must strengthen the ability to cooperate with the headquarters of the research and development centers, with particular emphasis on R & D localization and research and development of the whole process."

Samsung is currently in China R & D includes 4 research institutions of Beijing Communications Research Institute, Suzhou Institute of semiconductors, Nanjing Digital Research Institute, Shanghai Design Institute, and more than and 20 R & D capacity of legal person, more than 2000 R & D personnel.

Li Runyu said the research and development of Samsung is to consolidate the high-end position of the brand, to ensure that talent and technology, strengthen cooperation in the operation of the group an important part of the strategy. To this end, Samsung is seeking to carry out the whole process of research and development in China, the system, and strive to build China's Samsung export products worldwide R & D base.

In addition, Samsung also confirmed to reporters yesterday, Samsung plans to open recruitment of more local R & D personnel in recent years, in order to strengthen the local R & D center of China's ability to develop.