The economic recession

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Which has led to financial struggles, has stopped a lot of customers from purchasing new phones but instead opting for used or refurbished ones. This decline in sales has affected Samsung’s sales growth, which will persist if the uncertainty continues. Regulatory and legal threats The world is getting more globalized and digitally oriented, so governmental bodies and authorities must legislate regarding these areas. This, in turn, is causing an increase in regulatory and legal threats to companies and firms across the globe.


Laws vary across markets and industries, and Samsung is not an exception accounting directors mailing lead to these rules and regulations. Strict laws can wreak havoc on the operations of companies. Disobedience to these rules and regulations can result in the government suspending operations in a company or total shutdown of a company, which is not beneficial to the Samsung Group. LG foldable display After Samsung set another pace for other technology companies, LG took up the challenge and launched its foldable display technology.


Although LG has yet to make waves in the smartphone industry, launching foldable display technology threatens Samsung. This is because LG has several different divisions, and the sole aim of these divisions is to manufacture components and core parts of mobile devices and smartphones. This gives it leverage over Samsung. Recently, LG Chem introduced its foldable display technology while assuring the public that it is greater than the current glass displays, precisely the type used by the Samsung Group.