Samsung Electronics: Difference between revisions
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{{Infobox Company |
{{Infobox Company |
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| company_name = Samsung Electronics |
| company_name = Samsung Electronics |
Revision as of 06:37, 6 May 2007
File:Samsunglogo.jpg | |
Company type | Public Korea Exchange (005930, 005935), GDRs at London (SMSN LI, SMSD), GDRs at Luxemburg (SAMDR) |
---|---|
Industry | Consumer electronics, Telecommunication, Semiconductor |
Founded | 1969 |
Headquarters | ![]() |
Key people | Jong-Yong Yun, CEO |
Products | See Business areas. |
Revenue | ![]() |
46,440,474,000,000 won (2022) ![]() | |
55,654,077,000,000 won (2022) ![]() | |
Total assets | 302,231,360,000 won (2022) ![]() |
Number of employees | Over 128,000 |
Website | SAMSUNG's Digital World |
Samsung Electronics (Hangul:삼성전자; KRX: 005930, KRX: 005935, LSE: SMSN, LSE: SMSD) is one of the world's largest IT companies by revenue.[1] In August 2005, BusinessWeek rated Samsung as "the leading consumer-electronics brand".[2] Headquartered in Seoul, South Korea, it is part of the Korean Samsung Group, operating in approximately over 100 countries. The name samsung literally means "three stars" or "tristar" in Korean.
Samsung Electronics is viewed by many Koreans as a symbol of national pride and 'can do' spirit along with its Korean rival, LG Electronics. The two leading companies also represent the miracle of the Korean economy and South Korea's prominence in Information Technology, Electronics, Science.
Samsung Electronics announced at the start of the 21st century to "become the world's largest electronics company in just 5 years". This ambitious statement was seen as very unlikely to come true at the time as South Korea's largest electronics company was far behind Japanese rivals, although it was a leader in semiconductors and have some competitive products on the global market already.
The company began to see record profits from the start of the 21st century, especially in 2003, when it received a very encouraging 33% growth in an arbitrarily calculated 'brand value'.[3]
Brand Finance considers Samsung as the world's top brand in the electronics sector, coming 32rd overall brand.[4] also, Business Week considers Samsung is the world's top brand of electronics, coming 20th overall.[5]
Samsung is not only World's Top brand of Electronics, but also one of the most innovative companies in the world.
According to Business Week, Samsung is one of the "World's Most Innovative Companies", and ranking 12th.[6]
Samsung Electronics continued success is explained by the fact that it is the world's largest manufacturer of memory chips and liquid crystal displays, the electronics industry's equivalent of oil. They are crucial to all modern electronic devices, allowing Samsung Electronics to develop itself and handicap dependent competitors where necessary.
Another reason for its incredible success comes from the strong leadership of the CEO, Jong-Yong Yun, as well as the very motivated and hard working employees. Workers of Samsung Electronics are famous in Korea as hard workers.
As a chip maker, the semiconductor division of Samsung Electronics is the world's number 1 manufacturer of all key areas of semiconductor such as DRAM, SRAM, Flash Memory, NAND Flash Memory and Display Driver IC.[7] In particular this has been the case for DRAM and SRAM for over a decade.
Another significant area of business is the liquid crystal display, or LCD, where Samsung Electronics is the world's largest LCD manufacturer,[8] selling over 6,2 million LCD TVs in 2006. It is also the number 1 mobile phone manufacturer in Asia.[9]
History
The Samsung Group was founded in 1938 by Lee Byung-chul (1910-1987). It was incorporated in 1951 as Samsung Corporation. Samsung Electronics, a subsidiary, was founded in Daegu, South Korea.
Samsung Electronics (SEC) was founded in 1969 by the name of Samsung Electric Industries. It manufactured 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. It developed the world's first 64M DRAM in 1992. [10]
On December 2006, the British Royal Family ordered 100 sets of Samsung TV to the Buckingham Palace.[11] it was also the first time that the Royal Family signed a contract with a TV maker.
On February 2007, Samsung signed an agreement for exclusive supply of TV and electronic goods to Town House Galleria,[12] the top luxury hotel in Europe.[13]
Key Business Areas
Key Products' Global Market Share[citation needed]
Product | Market Share | Rank |
---|---|---|
TV | 11.2% | 1st |
LCD TV | 13.2% | 1st |
Plasma TV | 15.2% | 3rd |
DLP TV | 12.9% | 2nd |
Public TV | 14.1% | 1st |
Monitor | 21% | 1st |
DVD player | 14% | 2nd |
VCR | 17% | 2nd |
Blu-ray player | 47% | 1st |
Home Audio | 7.7% | 5th |
Digital Camera | 13% | 4th |
Digital Camcorder | 15% | 3rd |
Printer | 11.6% | 2nd |
MP3 Player | 10.1% | 3rd |
Telephone | 14.8% | 2nd |
IP Phone | 10.2% | 3rd |
CDMA Mobile Phone | 28.2% | 1st |
Mobile Phone | 12.2% | 3rd |
PDA Phone | 9.7% | 3rd |
Pocket PC | 7.4% | 5th |
Ultra Mobile PC | 67.4% | 1st |
Laptop Computer | 10% | 4th |
Digital Set Top Box | 8.1% | 3rd |
Fax machine | 18% | 2nd |
Broadband DSL | 6.4% | 5th |
Wireless System | 14.3% | 2nd |
Digital Telephone System | 10.4% | 3rd |
Battery | 4.7% | 5th |
Energy saving lamp | 9.2% | 6th |
Mouse & Keyboard | 11.7% | 3rd |
Webcam | 12% | 4th |
USB Stick | 4.5% | 4th |
Portable HDD | 3.2% | 7th |
Blank CD & DVD | 6.1% | 5th |
Camcorder Tape | 8.6% | 3rd |
CCTV | 10.8% | 3rd |
DRAM | 29.0% | 1st |
SRAM | 27.0% | 1st |
Flash Memory | 25.0% | 1st |
NAND Flash Memory | 43.1% | 1st |
Hard Disk Drive | 10.5% | 4th |
CD/DVD/Blu-ray Drive | 14.1% | 3rd |
Smart Card | 12.4% | 3rd |
Refrigerator | 13.8% | 3rd |
Air Conditioner | 17.2% | 2nd |
Air Purifier | 11.5% | 3rd |
Washing Machine | 10.6% | 3rd |
Microwave Ovens | 13.1% | 2nd |
Vacuum Cleaner | 9.7% | 4th |
OLED Display | 24.6% | 1st |
AMOLED Display | 74.2% | 1st |
Large-Area TFT LCD Display | 24.1% | 1st |
LCD Driver IC | 19.0% | 1st |
LCD Panels for Notebook PCs | 25.4% | 1st |
LCD Panels for Desktop PCs | 22.4% | 1st |
LCD Panels for TVs | 16.2% | 3rd |
Plasma Panels (Samsung SDI) | 23.2% | 3rd |
Samsung Electronics focuses on five business areas: Digital Media, Telecommunication Network, Digital Appliance, Semiconductor, and LCD.
The Digital Media business area includes:
- PDP TVs
- LCD TV
- LCD monitors
- Laptop Computers
- DVD Players
- MP3 Players
- Digital Camcorders
- Laser printers.
The Telecommunication Network business area includes
- Mobile Phones
- PDA Phones
- Enterprise Pocket PC Mobile Intelligent Terminals (MITs)
- Satellite receivers
- Multi-service DSLAMs.
- Fax Machines
The Digital Appliance business area includes:
The Semiconductor business area includes:
- SDRAM
- SRAM
- NAND Flash memory
- Smart Card
- System-in-Package (SiP)
- 4Chip Multi Chip Package (MCP)
- Optical disc drives
- Hard disk drives.
The LCD business area includes:
Worldwide Production Facilities
- Giheung, Gyeonggi-do, South Korea - Semiconductors
- Tangjung, Asan-si, Chungcheongnam-do, South Korea - S-LCD Corporation
- Gumi, Gyeongsangbuk-do, South Korea - ODD, HDD, Mobile phones
- Gwangju, South Korea - Home Appliances
- Teeside, Newcastle upon Tyne, United Kingdom - TV, Fax Machine, Home Appliances
- Dongguang, China
- Tijuana, Mexico - Samsung Tijuana Park
- Samsung Austin (Texas) Semiconductor; DRAM, Flash Memory (beginning in 2007)
- Samsung Electronics Philippines - ODD
Jászfényszaru, Hungary - TV-sets
Company Brands
- Anycall - Mobile Phone brand
- Sens - Laptop computer brand
- Hauzen - Premium home appliances brand
- Zipel - Home refrigerator brand
- Yepp - MP3 player brand
- Pavv - TV brand
- Kenox (Digimax) - Digital camera brand
- SyncMaster - Monitor brand
- Zaigen - Samsung computer support center brand
- Magic Station - PC brand
- MagicBright - LCD display technology brand
- Ultra Edition - Mobile Phone brand
- Pleomax - PC peripheral brand
- CLP - Printer brand
- MyMy - Cassette player brand
Highlights and innovations
- The World's First 10 Megapixel Camera Phone
- The World's First 8Gb Hard Disk Embedded Phone
- The World's First 3.6 Mbps HSDPA Phone
- The World's First Mass-Market Blu-Ray Disc™ Player
- SAMSUNG WiBro Received ‘2006 InfoVision Award’
- SAMSUNG Develops First 50nm DRAM Chip
- SAMSUNG Receives the EISA Award for its Trendy Home Theater System
- SAMSUNG Electronics First to Mass-produce 1Gb DDR2 Memory with 80nm Process Technology
- SAMSUNG Launches the Ultra Edition 13.8 (Z720), the Thinnest HSDPA Slider
- SAMSUNG Electronics Reveals Industry’s First Gigabit-density Mobile DRAM
- The World's First laptop (Samsung Q35) with Direct Methanol Fuel Cell battery.
See also
- Samsung Global Scholarship Program - A study and work program of Samsung Electronics
- Samsung Group
- Ho-Am Prize - A cultural award funded by Samsung in honor of Byung-Chull Lee
- Home appliances
- List of Korea-related topics
Telecommunications Americas-BCS Division SamsungTelecommunications Americas-Business Communications Division [1]
Samsung Telecommunications Americas-BCS division manufactures and distributes industry leading Voice over IP telephony and conventional telephony products including the OfficeServ 7200 and the ITP-5021D telephone.
References
- ^ http://money.cnn.com/magazines/fortune/global500/2006/snapshots/1171.html
- ^ Patricia O'Connell (August 1, 2005). "Samsung's Goal: Be Like BMW". BusinessWeek. Retrieved 2007-04-16.
- ^ http://www.brandchannel.com/features_effect.asp?fa_id=168
- ^ http://www.brandfinance.com/Uploads/pdfs/BF250%20FINAL.pdf
- ^ http://bwnt.businessweek.com/brand/2006/
- ^ http://www.businessweek.com/magazine/content/06_17/b3981413.htm
- ^ http://www.samsung.com/Products/Semiconductor/DivisionPolicy/AboutourDivision/performance.htm
- ^ http://www.transnationale.org/companies/samsung_electronics.php
- ^ http://www.transnationale.org/companies/samsung_electronics.php
- ^ http://www.samsung.com/AboutSAMSUNG/ELECTRONICSGLOBAL/CompanyProfile/TimelineHistory/index.htm
- ^ http://english.chosun.com/w21data/html/news/200612/200612150021.html
- ^ http://www.samsung.co.kr/news/biz_view.jsp?contentid=114903
- ^ http://www.breakingtravelnews.com/article/20070327092155961