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In 2021, Samsung Electronics registered 244.4 billion US dollars.
The technology giant accounts for 44.3 percent of smartphone shipments in Latin America.
The relationships between the governments of the world and the brands, especially those that are dedicated to the technological sector, have always existed. This Thursday the president of Mexico, Andrés Manuel López Obrador (AMLO) announced that he met with senior executives of Samsung, to discuss issues on construction projects, energy and telecommunications.
The AMLO government has been very controversial in its speech against private enterprise, but that has not stopped it from making agreements and working hand in hand with many important brands in the world and the country.
Meeting between AMLO and Samsung
Through his account on the social network Twitter, the Mexican president shared the image of the meeting with the top executives of the South Korean technology company, Samsung.
In what is read in his tweet, they were present at the meeting the general director and president of Samsung Engineering, Sungan Choi, as well as the vice president of Samsung group, Lee Jae Yong, the general director of Samsung Engineering Mexico, Tae Joon Park and the president of Samsung Electronics Latin America, Hong Sang Cho.
In the same message, the president stressed that there are “good relations” with the South Korean company, which, according to data from StatCounter, in 2022, it will position itself as the manufacturer of smartphones which obtained the largest market share in Mexico.
There are good relations with the Samsung company. Today we talk about construction, energy and telecommunications projects with the Vice President of Samsung Group, Lee Jae Yong and the CEO and President of Samsung Engineering, Sungan Choi. 1/2 pic.twitter.com/8ACj6WUQWS
– Andrés Manuel (@lopezobrador_) September 8, 2022
The president of Samsung Electronics Latin America, Hong Sang, Cho and the general director of Samsung Engineering Mexico, Tae Joon Park, also participated in the dialogue. 2/2 pic.twitter.com/uzczou3sIb
– Andrés Manuel (@lopezobrador_) September 8, 2022
At the meeting, held at the National Palace, they were also accompanying the Chief Executive, the Secretary of Energy, Rocio Nahle, and the CEOs of Petróleos Mexicanos, Octavio Romero Oropeza, and the Federal Electricity Commission, Manuel Bartlett.
López Obrador also said that the talks were about construction, energy and telecommunications projects, which is easy to see given the business, electronics and engineering profiles of those invited to the meeting.
At the moment there are no more details about the meeting. But it is worth mentioning that Lee Jae Yong, vice president of Samsung, has been multiple accused of bribery and was sentenced to two and a half years in prison in 2021. According to Bloomberg, he was jailed in 2018 on bribery and corruption charges, and was later released with a reduced sentence, with the Supreme Court ordering a new trial.
It is not the first time that AMLO has met with senior executives of technology companies, since in 2019, the president met with senior Microsoft executives and three months later a million-dollar Microsoft investment in Mexico was confirmed.
In this sense, these efforts of the Mexican government are to continue the economic recovery strategy focused on the dispersion of resources to strengthen popular consumption and promote small and micro-enterprises.
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