Enterprise

Lee Kun-hee, the titan behind Samsung’s rise, dies at 78

South Korea’s richest person

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Lee Kun-hee, the tech titan who transformed Samsung into a technology powerhouse, died at the age of 78. Samsung said Mr Lee died on Sunday with family by his side, but did not state the exact cause of death.

“All of us at Samsung will cherish his memory and are grateful for the journey we shared with him,” the company’s said in a statement. His family will hold a private funeral.

He was South Korea’s richest person with Bloomberg Billionaire Index estimating his net worth to be US$ 20.7 billion. When Lee took over the company, it was already a massive conglomerate. But its stake in the electronics sector wasn’t dominant. Lee made the electronics division a priority, changing the face of the brand forever.

Today, the company has an interest in every possible segment of technology. Samsung is one of the world’s top smartphone makers, has a state-of-the-art fabrication production lineup, and quite literally sells everything. From refrigerators to insurance, Samsung does everything.

His son Jay Y. Lee has been the conglomerate’s de facto leader since his father’s hospitalization due to a heart attack in 2014. Lee stepped down as Samsung chairman in 2008 after he was charged with tax evasion and embezzlement. But suspended sentences meant he never served time in jail and he received two presidential pardons.

Furthermore, Lee is also credited for successful efforts to secure the 2018 Winter Olympics, which were held in South Korea. The cause of his death is unknown and the company did not confirm whether he’s left a will.

Enterprise

Dell study: Employee barriers limit companies from digitizing workplaces

Big gap needs to be addressed

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Dell Technologies’ latest study revealed that businesses regard people as their greatest asset, but that barriers leave companies’ potential to accelerate their digital transformation untapped.

The study titled “Breaking through at the intersection of people and technology” took in the response of 10,500 participants worldwide from over 40 countries.

A staggering 91% of respondents believe that a shift to distributed work will create a more inclusive working environment. This includes 56% of employees who do want their work setup to change to a more flexible type.

However, 82% feel that they are left behind, mainly because their employers do not have a tech or IT model to jumpstart the digital change in the workplace. This assertion also reflection as 58% mentioned their employers have no “culture of creativity”.

Half of the respondents (50%) claim they feel burned out from their current setups; 56% also think they do not have work-life balance.

Employees’ fear limits companies from modernizing

Moreover, the study bared that employees welcome the opportunity to partner with technology, although there are “fears” that limit how far companies can innovate further.

A whopping 90% of respondents thought that employers overlook their opinions; 59% are overwhelmed by complex technologies which in turn limit the productivity of employees. Worse, 40% view that leaders treat their staff as “dispensable”.

For a more localized context, in the Philippines, only 50% of IT leaders say their organizations know what it takes to undergo digital transformation in the workplace.

The potential also gets stalled as 67% of respondents believe it is their people’s resistance to change that may lead to failure – something the higherups should address.

Build your breakthrough

To summarize, Dell Technologies’ study concluded that there is a big gap between employers and their workers when it comes to digitizing workplaces.

This gap leads to low productivity and inefficiency, which in turn leads to burnout and other negative feelings.

Given the findings, Dell Technologies suggests that technology alone will not drive the changes necessarily, but rather that it must go hand in hand with people involved.

 

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Automotive

Michael Josh’s One-on-One interview with John Deere’s CEO

The Tech World’s Most Unassuming CEO

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If you’ve been fond of the GadgetMatch YouTube channel, you would know that Michael Josh has already featured John Deere not just once or twice, but more than that.

But unlike the past videos, MJ traveled to Moline, Illinois for a rare sit-down interview with John Deere’s CEO, John C. May.

In his first major chat assuming the role in 2018, he opens up about he’s ushering in John Deere’s technological revolution, and how he believes as a tech company, John Deere can help solve the world’s food problem.

In this video, let’s meet the Tech World’s Most Unassuming CEO together with Michael Josh!

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Enterprise

Nokia seeks to kill OPPO’s sales in some countries

Suing the brand for copyright infringement

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OPPO remains one of the most ubiquitous smartphone brands today. Especially in Asia, the Chinese smartphone brand has appealed to users of all segments. However, a new controversy is seeking to cut off the brand’s sales from where it is popular. Nokia is suing OPPO, potentially leading to the brand disappearing in some countries.

According to sources, Nokia is seeking penalties for the smartphone brand for allegedly breaching copyrights on registered technology. The technology in question includes those that cover 4G and 5G connectivity. The two have  previously agreed to a deal in 2018, but the agreement expired in 2021.

Initially, Nokia chased after OPPO in Germany for the same infringements back in July. The former won the case. As a result, Germany ordered OPPO to stop selling devices in the country. Now, Nokia is suing the brand in other countries in Europe and Asia. Should the company win in the same fashion as in Germany, OPPO might potentially lose its market in the said countries.

To be clear, Nokia itself is suing the brand, rather than HMD Global, the company normally affiliated with Nokia’s current slate of smartphones. The smartphone company is mostly in charge of bringing the brand’s smartphones to the world.

SEE ALSO: Nokia and ZEISS have broken up

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