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Today#8217;s CEO Outlook features four CEOs heading the Malaysian operations of foreign consumer electronics or IT companies. They are Jeong-Wook Kim of Samsung, Barry Lee of Nokia, Rainer Althoff of Siemens, and Eric Hoh of Veritas, who heads the software company#8217;s Asia South operations.
SAMSUNG Malaysia Electronics (SME) Sdn Bhd is confident of increasing its share of the local mobile phone market from the current 25% to 28% by the end of the next quarter, said its managing director Kim Jeong-Wook.
B>SEOUL: /B>International banks, including Citigroup, HSBC Holdings and Standard Chartered (StanChart), are hunting for acquisitions in South Korea#146;s US$424bil consumer banking market, eyeing its growth potential and cheap valuations, analysts say.
Sir Martin Sorrell, head of WPP Group Plc, was in Kuala Lumpur on Tuesday as part of a three-week visit to Asia. How he bought over Wire and Plastics Products (WPP), a maker of wire shopping carts, 18 years ago and turned it into the world's largest advertising and market services group is now textbook stuff taught in business schools. After doing a video conference with analysts in London on the group's third quarter results, Sir Martin sat down with WONG SULONG for an interview.