Samsung Warns of Slowing Growth in Key Markets Amid Uncertainty

  • Co-CEO Kwon urges employees to learn from firm’s failures
  • Underscores risks from trade protectionism, currency moves

Kwon Oh-hyun.

Photographer: SeongJoon Cho/Bloomberg
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Samsung Electronics Co. sees growth slowing in key markets and uncertainties increasing around trade protectionism and currency fluctuations.

In his annual New Year’s speech Monday, Samsung Vice Chairman and Co-Chief Executive Officer Kwon Oh-hyun urged employees to learn from costly failures as the consumer electronics giant seeks to recover from 2016’s bruising debacle surrounding the Note 7 smartphone.