. Samsung recently warned employees at its South Korea headquarters that the company will face stiff competition amid a weak economy this year. "The global economy's low-growth trend will continue and uncertainty surrounding the business environment won't be easily removed," Samsung Chairman Lee Kun Hee told his employees according to Bloomerg. The company had a solid 2011, when it sold more than 300 million cell phones for the first time ever. Analysts are also worried about the situation; Park Hyun, an analyst with Tong Yang Securities Inc., said Samsung's performance is uncertain for 2012.
Boy Genius Report, Samsung head tells employees to brace for stiff competition, weak economy this year
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