Cyber week deals! Galaxy Watch8 Classic, Fold 7, S25 Ultra. Follow us on YouTube, TikTok, or LinkedIn
Last updated: October 18th, 2016 at 10:54 UTC+02:00
SamMobile has affiliate and sponsored partnerships, we may earn a commission.
Reading time: 2 minutes
Samsung is calling on its employees to improve security and ensure that leaks are prevented. “Leaks of operational secrets can cause irreversible ramifications, posing a great financial risk on the company and leading to broken partnerships and loss of trust,” it said in an email. An official from one of Samsung's suppliers is quoted as saying in the report that the company is pressing them to ensure that there are no leaks about the Galaxy S8. “Samsung has notified its suppliers not to mention a single word on the Galaxy S8,” said the unnamed official.
On the management front, Samsung is having to deal with activist investor hedge fund Elliott Associates which has called for Samsung Electronics to be split up into two aside from additional restructuring measures. Even though it's likely that Samsung will work with the hedge fund this time, it will do so on its own terms, which is why it's imperative for the company that secrecy be maintained. Samsung is also in the midst of the eventual succession of vice chairman Lee Jae-yong to chairman, a post that he will take over from his father, current Samsung Group chairman Lee Kun-hee.
Adnan Farooqui is a long-term writer at SamMobile. Based in Pakistan, his interests include technology, finance, Swiss watches and Formula 1. His tendency to write long posts betrays his inclination to being a man of few words.