Samsung Electronics

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Samsung Electronics
삼성전자
Type Public
Korean: 삼성전자
KRX: 005930
KRX: 005935
LSE: SMSN
LSE: SMSD
Industry Consumer electronics
Telecommunication
Semiconductor
Founded 1969
Headquarters South Korea Samsung Town, Seoul, South Korea[1][2]
Area served Worldwide
Key people CEO: Lee Yoon-woo
Former Chairman: Lee Kun-hee
Revenue US$ 117.4 billion (2009)[3]
Net income US$ 8.33 billion (2009)[4]
Owner(s) Kun-Hee Lee & Affiliates 17.57%, Treasury Stocks(of Samsung Electronics) 13.07%, National Pension Service 5.90% (as of September 31, 2009)[5]
Employees Over 164,600 (2008)
Parent Samsung Group
Website Samsung.com
This article contains Korean text. Without proper rendering support, you may see question marks, boxes, or other symbols instead of Hangul or hanja.

Samsung Electronics (SEC, Korean: 삼성전자, KRX: 005930, KRX: 005935, LSE: SMSN, LSE: SMSD) is the World's largest electronics company with a 2009 revenue of $117.4 billion,[6][3][7][8][9] headquartered in Samsung Town, Seoul, South Korea.[1][2] It is the flagship subsidiary of the Samsung Group.

Contents

[edit] History

Samsung Group headquarters at Samsung Town, Seoul.

Samsung Electronics was founded in 1969 in Suwon, South Korea as Samsung Electric Industries, originally manufacturing electronic appliances such as TVs, calculators, refrigerators, air conditioners and washers. By 1981, the company had manufactured over 10 million black and white TVs. In 1988, it merged with Samsung Semiconductor & Communications.

[edit] Growth

In 2006, Business Week rated Samsung as 20th on its list of global brands, 2nd in the electronics industry.[10] Business Week also ranked Samsung as 20th in innovation.[11] In January 2007, BrandFinance ranked the company as the number 1 global brand in electronics.[12]

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In 2005, Samsung surpassed Japanese rival Sony for the first time to become the world's largest and most popular consumer electronics brand as measured by Interbrand.[13] In 2007, Samsung Electronics' handset division overtook American rival Motorola, making it the world's second-largest mobile phone maker.[14] In 2009, Samsung overtook Siemens of Germany and Hewlett-Packard of the USA with a revenue of $117.4 billion to take the No.1 spot as the world's largest technology company.[3]

The semiconductor division of Samsung Electronics is the world's largest memory chip and second largest semiconductor manufacturer worldwide.[15] This has been the case for DRAM and SRAM for over a decade.[citation needed]

[edit] Business areas

Samsung Electronics focuses on four areas: Digital Media, Semiconductor, Telecommunication Network, and LCD Digital Appliance.[16]

The Digital Media business area covers computer devices such as laptop computers and laser printers; digital displays such as televisions and computer monitors; and consumer entertainment devices such as DVD players, MP3 players and digital camcorders; and home appliances as refrigerators, air conditioners, air purifiers, washers, microwave ovens, and vacuum cleaners.

The Semiconductor business area includes semiconductor chips such as SDRAM, SRAM, NAND flash memory; smart cards; Mobile Application Processors; Mobile TV receivers; RF transceivers; CMOS Image ensors, Smart Card IC, MP3 IC, DVD/BD/HD-DVD Player SOC and multi-chip package (MCP); and storage devices such as optical disc drives and hard disk drives.

The Telecommunication Network business area includes multi-service DSLAMs and fax machines; cellular devices such as mobile phones, PDA phones, and hybrid devices called Mobile Intelligent Terminals (MITs); and satellite receivers.

The LCD business area focuses on producing TFT-LCD and OLED panels for laptops, desktop monitors, and televisions.

Samsung Print was established in 2009 as a separate entity to focus on B2B sales and has released a broad range of multifunctional devices and printers.

[edit] Products

Samsung Electronics manufactures products in a number of categories:

[edit] Market share

Products Samsung's global m/s Competitors M/S Year Source
DRAM 34.3% Hynix 21.6% Q1 2009 [17]
NAND Flash 40.4% Toshiba 28.1% 2008 [18]
Large-size LCD Panel 26.2% LG Display 25.8% 2009 February [19]
PDP panel 30.5% LG Display 34.8% Q1 2008 [20]
Active-Matrix OLED 90.0% LG Display - Q2 2008 [21]
Lithium-ion battery 19% Sanyo 20% Q2, 2009 [22]
LCD Monitor 16.1% Dell 14.6% 2008 [23]
Hard disk drive 9.5% Seagate Technology 34.9% 2007 [24]
Multifunction printers 16.4% HP 19.2% Q1 2009 [25]
Television sets (LCD, PDP, CRT) 23% LG Electronics 13.7 % Q3'09 Revenue Share [26]
French door refrigerator (U.S. market only) 18.79% Whirlpool 23.83% 2009 January [27]
Mobile phone 21% Nokia 37.8% Q3 2009 [28]
Digital camera 9.1% Canon 19.2% 2007 [29]

[edit] Environmental record

All Samsung mobile phones and MP3 players introduced on the market after April 2010 are free from polyvinyl chloride (PVC) and brominated flame retardants (BFRs).[30] The company is listed in Greenpeace's Guide to Greener Electronics, where in May 2010 they ranked 13th out of 18 leading electronics makers, eight places behind Apple.[31]

In June 2004, Samsung was the first major electronics company to publicly commit to eliminate PVC and BFRs from new models of all its products. The company however failed to meet its deadlines to be PVC- and BFRs-free, and has published new phase out dates.[32] Greenpeace activists protested at the company's Benelux headquarters in March 2010 for what Greenpeace calls Samsung's broken promises.[33]

The Samsung website includes a showcase of what the company calls eco-friendly products and component technologies.[34]

[edit] Criticism

From 1999 to 2002, Samsung conspired with an international consortium of firms consisting of another Korean manufacturer, Hynix Semiconductor, a German manufacturer, Infineon Technologies, Elpida Memory (Hitachi, NEC) and the US manufacturer, Micron Technology to fix prices of DRAM chips sold to American computer makers. In 2005 Samsung pleaded guilty and paid a $300 million fine, the second-largest criminal antitrust fine in U.S. history and nearly twice as much as the largest fine of the previously-mentioned semiconductor firms.[35][36][37][38]

[edit] See also

[edit] References

  1. ^ a b "SAMSUNG 글로벌네트워크" (in Korean). Samsung. http://www.samsung.com/sec/aboutsamsung/information/globalnetwork/globalnetwork01.html. Retrieved March 14, 2010. 
  2. ^ a b "Samsung Electronics to move headquarters". Korea.net. January 27, 2006. http://www.korea.net/news/news/NewsView.asp?serial_no=20060126018&part=104&SearchDay=. Retrieved March 14, 2010. 
  3. ^ a b c "The New 'Big Blue'". The Korea Times. January 29, 2010. http://koreatimes.co.kr/www/news/special/2010/01/133_59924.html. Retrieved March 14, 2010. 
  4. ^ http://ca.news.yahoo.com/s/capress/100128/technology/technology_as_skorea_earns_samsung
  5. ^ "Daum stock data: Samsung Electronics" (in Korean). Daum.net. http://stock.daum.net/item/company.daum?code=005930&type=41. Retrieved March 14, 2010. 
  6. ^ "Top 50 Global Technology Companies". Datamonitor. http://www.computerwire.com/companies/lists/list/?listid=7A7B551F-A6C8-47AC-B3AE-3879873B5E23. 
  7. ^ "Sony Vows Comeback Against Samsung, LG". The Korea Times. September 7, 2009. http://koreatimes.co.kr/www/news/nation/2009/09/123_51434.html. Retrieved March 14, 2010. 
  8. ^ "Samsung Group Expects Record Profit of $12 Billion". The Korea Times. September 1, 2009. http://koreatimes.co.kr/www/news/nation/2009/09/123_51093.html. Retrieved March 14, 2010. 
  9. ^ "The succession at Samsung". The Economist. June 4, 2009. http://www.economist.com/businessfinance/displayStory.cfm?story_id=13788472. Retrieved March 14, 2010. 
  10. ^ "Top 100 Global Brands Scoreboard". Business Week. http://bwnt.businessweek.com/interactive_reports/top_brands/index.asp. Retrieved March 14, 2010. 
  11. ^ "The Top 100 Most Innovative Companies Ranking". Business Week. April 24, 2006. http://www.businessweek.com/magazine/content/06_17/b3981413.htm. Retrieved March 14, 2010. 
  12. ^ "BrandFinance250: The annual report on the world’s most valuable brands". brandfinance.com. January 2007. http://www.brandfinance.com/Uploads/pdfs/BF250%20FINAL.pdf. Retrieved March 14, 2010. 
  13. ^ "Samsung surpasses Sony for the first time, taking over the No.20 spot". Interbrand. July 21, 2005. http://www.ourfishbowl.com/images/press_releases/pressrelease_bgb2005.pdf. Retrieved Jun. 16, 2010. 
  14. ^ "Motorola's Pain Is Samsung's Gain". Bloomberg Businessweek. December 26, 2007. http://www.businessweek.com/globalbiz/content/dec2007/gb20071226_081625.htm. Retrieved Jun. 16, 2010. 
  15. ^ "Buyers dissect devices to learn who makes what". Associated Press. July 3, 2007. http://www.freep.com/apps/pbcs.dll/article?AID=/20070703/NEWS09/707030355/1011. Retrieved March 14, 2010. 
  16. ^ "Our Businesses - About Samsung - Samsung". Samsung. http://www.samsung.com/us/aboutsamsung/ourbusinesses/index.html. Retrieved March 14, 2010. 
  17. ^ Micron regains No. 3 spot in DRAM
  18. ^ The 2009 Outlook of Taiwanese DRAM vendors; 4Q08 and 2008 Sales Ranking of NAND Flash Brand Companies
  19. ^ Large-size TFT-LCD Panel Shipments are Up
  20. ^ LG Takes Over Lead From Matsushita in PDP Market
  21. ^ Samsung SDI has a 90% share of AM-OLED shipments for Q2 2008
  22. ^ http://www.hankyung.com/news/app/newsview.php?aid=2009082159441&sid=010401&nid=004&ltype=1
  23. ^ Samsung Ranks #1 for Preliminary Worldwide LCD Monitor Market Share for Q1’08; Dell Grows Stronger in US Retail but Still Drops Share to Samsung
  24. ^ TrendFOCUS Report: HDDs Shrug Off Flash, Hit Shipment Records
  25. ^ Multifunction printers defy economic downturn to record solid worldwide salesgrowth
  26. ^ Samsung Profit Triples to Record on Chip, LCD Prices (Update3)
  27. ^ Whirlpool Refrigerators Dominate Dealer Floors
  28. ^ http://www.telecomskorea.com/market-8211.html
  29. ^ Samsung Techwin Takes 3rd Place in Digital Camera Market Share
  30. ^ "Policy on target substances - Chemical Management - Environment - Sustainability - About Samsung - Samsung". Samsung Electronics. http://www.samsung.com/us/aboutsamsung/sustainability/environment/chemicalmanagement/policyontargetsubstances.html. Retrieved 2010-08-02. 
  31. ^ "Guide to Greener Electronics - Greenpeace International". http://www.greenpeace.org/international/en/campaigns/toxics/electronics/Guide-to-Greener-Electronics/. Retrieved 2010-08-02. 
  32. ^ "Management of target substances - Chemical Management - Environment - Sustainability - About Samsung - Samsung". http://www.samsung.com/us/aboutsamsung/sustainability/environment/chemicalmanagement/managementoftargetsubstances.html. Retrieved 2010-08-02. 
  33. ^ "Calling out Samsung for toxic failure - Greenpeace International". http://www.greenpeace.org/international/en/news/features/calling-out-samsung-030310/. Retrieved 2010-08-02. 
  34. ^ "Showcase of Eco-Products - Eco-Products - Environment - Sustainability - About Samsung - Samsung". http://www.samsung.com/us/aboutsamsung/sustainability/environment/eco_products/showcaseofeco_products.html. Retrieved 2010-08-02. 
  35. ^ "Samsung Agrees to Plead Guilty and to Pay $300 Million Criminal Fine for Role in Price Fixing Conspiracy". U.S. Department of Justice. http://www.usdoj.gov/atr/public/press_releases/2005/212002.htm. Retrieved 2009-05-24. 
  36. ^ "Samsung fixed chip prices. Korean manufacturer to pay $300 million fine for its role in scam". San Francisco Chronicle. 2005-10-14. http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2005/10/14/BUGH3F85PU1.DTL. Retrieved 2009-05-24. 
  37. ^ "Price-Fixing Costs Samsung $300M". InternetNews.com. 2005-10-13. http://www.internetnews.com/bus-news/article.php/3556156. Retrieved 2009-05-24. 
  38. ^ Flynn, Laurie J. (2006-03-23). "3 to Plead Guilty in Samsung Price-Fixing Case". New York Times. http://www.nytimes.com/2006/03/23/technology/23chip.html. Retrieved 2009-05-24. 

[edit] External links

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