Innovations leading new industrial revolution, localized management are keys to growth: Samsung …

The development of innovative technologies that could lead the next industrial revolution and localized management of global operations are what globally leading companies should focus to further foster growth, hinted senior executives from South Korea’s technology behemoth Samsung Electronics Co. and U.S.-based technology and financial service giant General Electric Co.During the “Global CEO Round Table” session held on Wednesday at the 17th World Knowledge Forum, Jun Young-hyun, president of memory business at Samsung Electronics, said that the so-called Fourth Industrial Revolution involving technologies like “deep learning, artificial intelligence and the internet of Things (IoT)” will lead companies to find new growth opportunities. Citing Moore’s law that states the number of transistors on a wafer doubles about every two years as a risk factor to the semiconductor manufacturing industry, Jun said…


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