Samsung chips boss Young-hyun warns of vicious cycle unless changes made

Samsung Electronics Co.’s chip business leader warned that Korea’s largest company risked getting caught in a “vicious cycle” if it didn’t revamp its workplace culture, in an unusually harsh memo issued to employees months after taking the helm.

Jun Young-hyun, who ascended to the role after his predecessor allowed SK Hynix Inc. to take a big lead in AI memory chips, said his division’s recent turnaround was based largely on a market rebound. To sustain that recovery, Samsung must take steps to eradicate communication barriers between departments and stop “hiding or avoiding problems,” he said in a staff memo seen by Bloomberg News.