Samsung Company Info

Samsung company info
South South Korean multinational conglomerate company headquartered in Samsung Town, Seoul.
It comprises numerous subsidiaries and affiliated businesses, most of them united under the Samsung
brand, and is the largest South Korean chaebol (business conglomerate). Samsung was founded by Lee
Byung-chul in 1938 as a trading company. Over the next three decades, the group diversified into areas
including food processing, textiles, insurance, securities and retail. Samsung entered the electronics
industry in the late 1960s and the construction and shipbuilding industries in the mid-1970s; these areas
would drive its subsequent growth. Following Lee's death in 1987, Samsung was separated into four
business groups Samsung Group, Shinsegae Group, CJ Group and Hansol Group. Since 1990s,
Samsung has increasingly globalized its activities and electronics, particularly mobile phones and
semiconductors, have become its most important source of income.
Notable Samsung industrial subsidiaries include Samsung Electronics (the world's largest information
technology company measured by 2012 revenues, and 4th in market value), Samsung Heavy Industries
(the world's 2nd-largest shipbuilder measured by 2010 revenues), and Samsung Engineering and Samsung
C&T (respectively the world's 13th and 36th-largest construction companies). Other notable subsidiaries
include Samsung Life Insurance (the world's 14th-largest life insurance company),Samsung Everland
(operator of Everland Resort, the oldest theme park in South Korea)[6] and Cheil Worldwide (the world's
15th-largest advertising agency measured by 2012 revenues). Samsung has a powerful influence on South
Korea's economic development, politics, media and culture and has been a major driving force behind the
"Miracle on the Han River". Its affiliate companies produce around a fifth of South Korea's total exports.
Samsung's revenue was equal to 17% of South Korea's $1,082 billion GDP.
Industry
Conglomerate
Founded
1938; 77 years ago
Founder
Lee Byung-chul
Headquarters
Seoul, South Korea
Area served
Worldwide
Lee Kun-hee
(Chairman of Samsung Electronics)
Key people
Oh-Hyun Kwon
(CEO of Samsung)
Products
Apparel, chemicals, consumer

electronics, electronic components,
medical equipment, semiconductors,
ships, telecommunications equipment
Services
Advertising, construction, entertainment,

financial services, hospitality,
information and communications
technology, medical and health care
services, retail, shipbuilding
Revenue
US$ 305 billion (2014)[1]
Net income
US$ 22.1 billion (2014)[1]
Total assets
US$ 529.5 billion (2014)[1]
Total equity
US$ 231.2 billion (2014)[1]
Number of
employees
Subsidiaries
489,000 (2014)[1]
Samsung Electronics
Samsung Life Insurance
Samsung Fire & Marine Insurance
Samsung Heavy Industries
Samsung C&T Corporation
Samsung SDS
Samsung Techwin
Renault Samsung Motors
Samsung Electronics
Samsung Electronics Co., Ltd. (Korean: ; Hanja: ) is a South Korean multinational
electronics company headquartered in Suwon, South Korea.[1] It is the flagship subsidiary of the
Samsung Group, accounting for 70% of the group's revenue in 2012,[3] and has been the world's largest
information technology company by revenue since 2009.[4] Samsung Electronics has assembly plants and
sales networks in 80 countries and employs around 370,000 people.[5] Since 2012, the CEO is Kwon OhHyun.[6]
Samsung has long been a major manufacturer of electronic components such as lithium-ion batteries,
semiconductors, chips, flash memory and hard drive devices for clients such as Apple, Sony, HTC and
Nokia.[7][8]
In recent years, the company has diversified into consumer electronics.[9][not in citation given] It is the
world's largest manufacturer of mobile phones and smartphones fueled by the popularity of its Samsung
Galaxy line of devices.[10] The company is also a major vendor of tablet computers, particularly its
Android-powered Samsung Galaxy Tab collection, and is generally regarded as pioneering the phablet
market through the Samsung Galaxy Note family of devices.[11]
Samsung has been the world's largest manufacturer of LCD panels since 2002, the world's largest
television manufacturer since 2006,[12] and world's largest manufacturer of mobile phones since 2011.
[13] Samsung Electronics displaced Apple Inc. as the world's largest technology company in 2011 and is a
major part of the South Korean economy. In June 2014 Samsung published the Tizen OS with the new
Samsung Z.
Type
Public
Traded as
KRX: 005930, KRX: 005935,

LSE: SMSN, LSE: SMSD
Industry
Consumer electronics
Telecoms equipment
Semiconductors
Home appliances
Founded
1969 (Samsung Electric Industries)

1988 (Samsung Electronics)
Headquarters
Area served
Suwon, South Korea[1]

Worldwide
Lee Kun Hee
(Chairman)
Lee Jae-yong
(Vice chairman)
Key people
Kwon Oh-hyun
(Vice chairman and CEO)
Shin Jong-kyun
(President and CEO)
BK Yoon (President and CEO)

Products
Revenue
See products listing

206.205 trillion (2014)[2]
Operating income
25.025 trillion (2014)[2]
Profit
23.082 trillion (2014)[2]
Total assets
230.422 trillion (2014)[2]
Total equity
168.088 trillion (2014)[2]
Owner
Number of
employees
Parent
Samsung
326,000 (2014)[2]
Samsung

Samsung Company Info

Uploaded by

Copyright:

Available Formats

Samsung Company Info

Uploaded by

Document Information

Original Description:

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Samsung Company Info

Uploaded by

Copyright:

Available Formats

Samsung company info

1938; 77 years ago

Seoul, South Korea

Apparel, chemicals, consumer

ships, telecommunications equipment

Advertising, construction, entertainment,

US$ 305 billion (2014)[1]

US$ 22.1 billion (2014)[1]

US$ 529.5 billion (2014)[1]

US$ 231.2 billion (2014)[1]

KRX: 005930, KRX: 005935,

1969 (Samsung Electric Industries)

Suwon, South Korea[1]

BK Yoon (President and CEO)

See products listing

25.025 trillion (2014)[2]

23.082 trillion (2014)[2]

230.422 trillion (2014)[2]

168.088 trillion (2014)[2]

You might also like