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Samsung's Lee Looks Beyond Next 10 Years With 6G, System Chips

Jay Y. Lee
Jay Y. LeePhotographer: David Paul Morris/Bloomberg

Samsung Electronics Co. Vice Chairman Jay Y. Lee said the company will pursue investment in future businesses including sixth-generation mobile networks and system semiconductors as the South Korean tech giant faces a rapidly changing global business environment that has already put pressure on profit.

Lee, the company’s de facto leader, last week held discussions with Samsung executives on potential collaboration with platform companies on 6G mobile networks, blockchain technologies and artificial intelligence, Samsung said in an emailed statement on Sunday.