Samsung Chairman Lee Jae-yong emphasizes bold investments during a Malaysia visit, aligning with the friendshoring trend.

Samsung Electronics Chairman Lee Jae-yong has emphasized the importance of "bold" investments during a visit to Malaysia to inspect the company's battery and IT businesses. This call for bold investments follows a trend of businesses investing in friendshoring, which involves shifting production from China to other countries with which they have strong business relationships, due to geopolitical factors.

February 12, 2024
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