Seoul, Dec 9 (TIWN) Samsung Electronics will hold a company-wide global strategy meeting starting next week, industry sources said on Friday, amid stiff headwinds from the uncertain macroeconomic environment.

The company's device experience division, which oversees the business of mobile phones and home appliances, will convene the meetings next Thursday and Friday, while the device solutions division, in charge of Samsung's mainstay chip business, is said to hold the meetings around December 22.

Samsung executives will discuss how to navigate mounting challenges from the sluggish global economy, slowing consumer demand, geopolitical tensions and continuing spread of the coronavirus, reports Yonhap news agency.

Samsung, the world's biggest memory chip maker, is expected to check the construction of a new $17 billion chip fabrication plant in Taylor, Texas, which Samsung plans to finish up by 2024.

Other major issues on the table include the long-term plans to boost its competitiveness in the system chip and contract chip manufacturing segments.

On the mobile and home appliances front, slowing demand will be one of the key concerns for the world's largest mobile phone maker.

During the July-September quarter, Samsung's operating profit dropped more than 31 percent from a year ago largely due to weakening memory chip prices and demand.