Tuesday, November 20, 2012

Samsung CEO not to attend International Consumer Electronics Show in Las Vegas

Samsung Electronics CEO Kwon will not attend next year’s International Consumer Electronics Show (ICES) in Las Vegas in January as Samsung wants to convey a message that there is a Chinese wall between component and finished goods business units,’’ said a high-ranking Samsung executive by telephone.

ICES is the world’s most influential annual tech fair with all major technology companies showing their latest gadgets in the Las Vegas Convention Center for a week. 

"The CEO’s absence for the exhibition means the company’s consumer electronics division chief Yoon Boo-keun will be there to hold a press conference on Kwon’s behalf for the South Korean media for next year’s business targets and details,’’ said the executive.

The Chinese wall refers to an information barrier implemented within a firm to prevent information exchange among business units. Officials say this is a way of avoiding conflict of interest problems.

Read more about it at: The Korea Times

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