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| company_name = Samsung Electronics

Revision as of 06:37, 6 May 2007

Samsung Electronics
Company typePublic
Korea Exchange (005930, 005935),
GDRs at London (SMSN LI, SMSD),
GDRs at Luxemburg (SAMDR)
IndustryConsumer electronics,
Telecommunication,
Semiconductor
Founded1969
Headquarters Seoul, South Korea
Key people
Jong-Yong Yun, CEO
ProductsSee Business areas.
RevenueIncrease $79.6 billion USD
46,440,474,000,000 won (2022) Edit this on Wikidata
55,654,077,000,000 won (2022) Edit this on Wikidata
Total assets302,231,360,000 won (2022) Edit this on Wikidata
Number of employees
Over 128,000
WebsiteSAMSUNG'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]

(December 2004)
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:

The Telecommunication Network business area includes

The Digital Appliance business area includes:

The Semiconductor business area includes:

The LCD business area includes:

  • TFT-LCD panels for laptops, monitors, and televisions.

Worldwide Production Facilities

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

See also

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

  1. ^ http://money.cnn.com/magazines/fortune/global500/2006/snapshots/1171.html
  2. ^ Patricia O'Connell (August 1, 2005). "Samsung's Goal: Be Like BMW". BusinessWeek. Retrieved 2007-04-16.
  3. ^ http://www.brandchannel.com/features_effect.asp?fa_id=168
  4. ^ http://www.brandfinance.com/Uploads/pdfs/BF250%20FINAL.pdf
  5. ^ http://bwnt.businessweek.com/brand/2006/
  6. ^ http://www.businessweek.com/magazine/content/06_17/b3981413.htm
  7. ^ http://www.samsung.com/Products/Semiconductor/DivisionPolicy/AboutourDivision/performance.htm
  8. ^ http://www.transnationale.org/companies/samsung_electronics.php
  9. ^ http://www.transnationale.org/companies/samsung_electronics.php
  10. ^ http://www.samsung.com/AboutSAMSUNG/ELECTRONICSGLOBAL/CompanyProfile/TimelineHistory/index.htm
  11. ^ http://english.chosun.com/w21data/html/news/200612/200612150021.html
  12. ^ http://www.samsung.co.kr/news/biz_view.jsp?contentid=114903
  13. ^ http://www.breakingtravelnews.com/article/20070327092155961
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