[By NBC-1TV H. J Yook]Samsung Electronics Co., Ltd, convened its 44th Annual General Meeting of Shareholders on March 15 at its headquarter in Seocho-dong, Seoul. The meeting was attended by shareholders and institutional investors.

Samsung Electronics reported its business performance for 2012. Its consolidated revenue for the full year 2012 reached 201 trillion won and its consolidated operating profit registered 29 trillion won. Agenda items included approval for the 44th financial statements, approval for the appointment of the Board of Directors, and approval for the remuneration ceiling for the Board of Directors.

Oh-Hyun Kwon, Vice Chairman and CEO of Samsung Electronics, said, “Despite the global economic downturn and rapid changes in the business environment last year, Samsung Electronics recorded unprecedented revenue and income, thanks to shareholder encouragement and support. This enabled the company to further strengthen its leadership in the industry.”

Vice Chairman Kwon added, “Challenging conditions in the global economy are expected to continue this year, but the company will strive to improve on the business performance of last year by bolstering the competitiveness of core business areas and advancing promoted industries.”