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Office workers commute through Gwanghwamun Square in central Seoul on Thursday, the first weekday of the new year. (Newsis)

Amid a backdrop of political turmoil and economic uncertainties, South Korean corporate giants are stepping into 2025 with renewed determination, focusing on artificial intelligence, sustainable growth, and technological innovation.

As these companies reflect on a challenging year marked by domestic political issues and global economic pressures, they are now setting bold ambitions for the new year. Han Jong-hee and Jun Young-hyun, the co-CEOs of Samsung Electronics, stated, ‘As artificial intelligence technology reaches a pivotal turning point, bold innovations that transcend existing pathways to success are required.’

This sentiment is echoed by executives across the industry. Kwak Noh-jung, CEO of SK Hynix, emphasized the need for continuous innovation, declaring, ‘We need to begin the new year that exceeds the last year in every aspect.’

Amid these commitments, major companies like LG, SK, and Hanwha are reshaping their business strategies to adapt to evolving market conditions. Kim Dong-myung, CEO of LG Energy Solution, outlined plans to enhance capabilities in next-generation battery technology, expressing the need to secure competitive advantage.

The urgency is palpable as corporate leaders contemplate the ramifications of international policy shifts, particularly with the anticipated changes under a second Trump administration in the U.S. Choi Joo-sun, CEO of Samsung SDI, remarked, ‘Our survival hinges on securing future technological prowess.’

In a time marked by uncertainty and rapid technological advancement, these corporate leaders are forging ahead with AI-driven strategies and sustainable practices, hoping to propel their companies—and the South Korean economy—towards a resilient and innovative future.

For further insights on how these corporations intend to navigate the year ahead, please refer to the full article here.