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| Type | Public Korea Exchange (005930, 005935), GDRs at London (SMSN LI, SMSD), GDRs at Luxemburg (SAMDR) |
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| Founded | 1969 |
| Headquarters |  Suwon, Gyeonggi-do, South Korea |
| Key people | CEO: Lee Yoon-woo Former Chairman: Lee Kun-hee |
| Industry | Consumer electronics, Telecommunication, Semiconductor |
| Products | See Business areas. |
| Revenue | ▲ US$110.350 billion (2008)[1] |
| Net income | ▼ US$5.027 billion (2008)[1] |
| Total assets | ▼ US$83.60 billion (2008) |
| Total equity | ▼ US$46.14 billion (2008) |
| 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)[2] |
| Employees | Over 164,600 (2008) |
| Parent | Samsung Group |
| Website | Samsung.com |
Samsung Electronics (SEC, Korean: 삼성전자) (KRX: 005930, KRX: 005935, LSE: SMSN, LSE: SMSD) is the world's largest electronics company,[3][4][5] headquartered in Yeongtong-gu, Suwon, South Korea.[6] It is the largest South Korean company and the flagship subsidiary of the Samsung Group.
Samsung Electronics is the global market leader in more than 60 products, including semiconductors such as DRAM, SDRAM, flash memory and hard drives, digital displays such as LCD displays, plasma displays and OLED displays, home electronics such as TVs, DVD players, Blu-ray players, home cinema systems, set-top boxes and projectors, mobile devices such as mobile phones, MP3 players, digital cameras and camcorders, computing products such as monitors, laptops, UMPCs, CD and DVD Drives, laser printers and fax machines and home appliances such as refrigerators, washing machines, microwaves, ovens, vacuum cleaners and air conditioners.
In 2005, Samsung surpassed Japanese rival Sony for the first time to be rated as the new leading and most popular consumer electronics brand in the world by Interbrand. In 2007, Samsung Electronics' handset division overtook American rival Motorola, making it the world's second largest mobile phone maker. At the end of 2007, Samsung Electronics exceeded the $100 billion mark in annual sales for the first time in its history. This achievement places the company, along with Siemens of Germany and Hewlett-Packard of the U.S., among the world's top three companies in the electric appliances and electronics industry.[7]
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History
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.
Market ascendance
Samsung is a top rated electronic & IT brand. In 2006, Business Week rated Samsung as 20th on the Top 100 global brands and the Number 2 in the electronics industry.[8] Business Week also ranked Samsung as #20 in a ranking of the "Top 100 Most Innovative Companies" in a special report published April 24, 2006. [9] In January 2007, BrandFinance ranked the company as the number 1 global brand in electronics.[10]
The semiconductor division of Samsung Electronics is the world's largest memory chip and second largest semiconductor manufacturer worldwide.[11] In particular this has been the case for DRAM and SRAM for over a decade. From 1999 to 2002, Samsung conspired with Hynix Semiconductor, Infineon Technologies, Elpida Memory (Hitachi and NEC) and Micron Technology to fix the prices of DRAM chips sold to American computer makers. In 2005 Samsung agreed to plead guilty and to pay a $300 million fine, the second-largest criminal antitrust fine in the US history.[12][13][14][15] Samsung, the world's largest LCD manufacturer, plans to begin running its eighth-generation manufacturing line to make 57-inch panels during the second half of the year.[16]
In 2007, Samsung became the world's second largest mobile phone manufacturer, surpassing Motorola, just behind Nokia.[17]
Corporate affairs
Key business areas
Samsung Electronics focuses on four areas: Digital Media, Semiconductor, Telecommunication Network, and LCD Digital Appliance. [18] The main growing business areas related to LCD+Digital Media+Semiconductor at 2006. As of 2009 Samsung Print was established as a separate entity to focus on B2B sales and has released a broad range of Multi-Functional Devices and printers. As with all major Print equipment manufacturers Samsung have developed and released supporting management software and utilities. The main Print-Management software has been released as Syncthru WebAdmin Service.
- The Digital Media business area covers computer devices such as laptop computers and laser printers; video displays such as televisions and computer monitors; and consumer entertainment devices such as DVD players, MP3 players, digital camcorders, 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 Sensors, 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 TFT-LCD panels for laptops, monitors, and televisions.
As of 3Q 2008 Samsung Electronics has combined the Digital Appliance business with Digital Media.
Company brands
- Anycall - Mobile Phone brand (Used in some countries)
- Sens - Laptop computer brand
- Hauzen - Premium home appliances brand
- Zipel - Home refrigerator brand
- Yepp - MP3 player brand
- PAVV - TV brand name
- Kenox (Digimax) - Digital camera brand
- SyncMaster - Monitor brand (Being Phased out for ToC Monitors)
- Zaigen - Samsung computer support centre
- Magic Station - PC brand
- MagicBright - LCD display technology brand
- Magic Tune - Mouse operated OSD panel
- Magic Rotation - Image is automatically rotated by pivoting the monitor
- Magic Clear - Providing Vivid color and crystal clear image
- Ultra Edition - Slim Mobile Phone brand
- SpinPoint - PC hard disk drive brand
- CLP - Laser printer brand
- MyMy - Cassette player brand
- Nexus - MP3 player and XM satellite radio
- Touch of Color - Adds style to monitor/TV's with a rose red hue inside a glass-like frame.
- VLUU - Digital Camera Brand (in Korea)
Worldwide production facilities
- Suwon, Gyeonggi-do, South Korea - ODD, NOTE-PC, TV, development & research etc
- 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
- Dongguan, Guangdong Province, China
- Samsung Mexicana S.A. DE C.V., Tijuana (Mexico) - LCD Monitor, LCD TV, Mobile Phones
- NOIDA, U.P and Chennai, T. N., India - Flat TVs, LCD TVs, CRT & TFT LCD Monitors, Refrigerators, Washing Machines, GSM Mobile Handsets [19]
- Samsung Austin (Texas) Semiconductor; DRAM, Flash Memory
- Samsung Electronics Philippines - ODD
- Jászfényszaru, Hungary - TV sets
- Samsung Electronics Indonesia, Cikarang, Indonesia - ODD, Set Top Box, DVD player, DVD recorder, TV, CRT monitors
- Samsung Electronics Slovakia, Galanta, (Slovakia) - Monitors, LCD-TV, PDP-TV, Set-Top-Box, DVD player, DVD recorder, MP3
- Samsung Eletronica Da Amazonia LTDA, Manaus, (Brazil) - LCD Monitor,LCD-TV, PDP-TV, DVD player, DVD recorder, MP3 Players, HDD
- Samsung Eletronica Da Amazonia LTDA, Campinas, (Brazil) - Mobile Phones, LCD Monitors, Laser and Multifunctional Printers
See also
- Samsung Global Scholarship Program - A study and work program of Samsung Electronics
- Samsung Group
- Samsung Telecommunications
- Ho-Am Prize - A cultural award funded by Samsung in honor of Byung-Chull Lee
- Home appliances
- List of Korea-related topics
References
- ^ a b http://www.samsung.com/sec/aboutsamsung/ir/financialinfo/downloads/2008/20084Q_Earnings_Announcement.pdf
- ^ http://stock.daum.net/item/company.daum?code=005930&type=41
- ^ http://koreatimes.co.kr/www/news/nation/2009/09/123_51434.html Sony Vows Comeback Against Samsung, LG
- ^ http://koreatimes.co.kr/www/news/nation/2009/09/123_51093.html Samsung Group Expects Record Profit of $12 Billion
- ^ Economist.com Succession at Samsung - Crowning success
- ^ Samsung Third-Quarter Earnings Beat Analyst Estimates (Update3)
- ^ Digital Chosunilbo (English Edition) : Daily News in English About Korea
- ^ The 100 Top Brands 2006 8% change from 2005 [1] 2006
- ^ The Top 100 Most Innovative Companies Ranking APRIL 24, 2006
- ^ http://www.brandfinance.com/Uploads/pdfs/BF250%20FINAL.pdf
- ^ Buyers dissect devices to learn who makes what ASSOCIATED PRESS July 3, 2007
- ^ "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.
- ^ "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.
- ^ "Price-Fixing Costs Samsung $300M". InternetNews.com. 2005-10-13. http://www.internetnews.com/bus-news/article.php/3556156. Retrieved 2009-05-24.
- ^ "3 to Plead Guilty in Samsung Price-Fixing Case". New York Times. 2006-03-23. http://www.nytimes.com/2006/03/23/technology/23chip.html. Retrieved 2009-05-24.
- ^ LG.Philips Posts Third Quarterly Loss on Panel Prices January 16, 2007 (Bloomberg)
- ^ Samsung Becomes the World's Second Largest Mobile Phone Vendor
- ^ http://www.samsung.com/us/aboutsamsung/ourbusinesses/index.html
- ^ "About Samsung India: Manufacturing". http://www.samsung.com/in/aboutsamsung/samsungindia/manufacturing.htm. Retrieved 2007-12-16.
External links
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Wikimedia Commons has media related to: Samsung |
- Samsung Electronics Company Homepage
- Samsung Electronics Company Homepage(Korean)
- Samsung History Timeline on the corporate webpage of references
- Samsung Camera
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