SAMSUNG ELECTRONICS

'Samsung Electronics' (SEC, Hangul:삼성전자; , , , ) is a South Korean multinational corporation and the world's largest electronics and IT company.^[1] In August 2005, BusinessWeek rated Samsung as the Number 1 consumer electronics brand in the world with revenue topping 79.6$ billion.^[2] Headquartered in Suwon, 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.

Contents

History

Market ascendance

Corporate affairs

Key business areas

Company brands

Worldwide production facilities

See also

References

External links

History

The Samsung Group was founded in 1938 by Lee Byung-chul (1910-1987). It was incorporated in 1951 as Samsung Corporation.
Samsung Electronics was founded in 1969 in Daegu, 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 various reports. In 2006, Business Week rated Samsung as part of the Top 20 global brands and the Number 1 in the electronics industry.^[3] Business Week also ranked Samsung as #12 in a ranking of the "Top 100 Most Innovative Companies" in a special report published April 24, 2006. ^[4] In January 2007, BrandFinance ranked the company as the Number 1 global brand in electronics.^[5]
The semiconductor division of Samsung Electronics is the world's largest memory chip manufacturer and Number 2 Semiconductor company worldwide^[6]. In particular this has been the case for DRAM and SRAM for over a decade. 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.^[7]
In 2007, Samsung became the world's second largest mobile phone manufacturer, surpassing Motorola^[8].

Corporate affairs

Key business areas

Samsung Electronics focuses on five business areas: Digital Media, Telecommunication Network, Digital Appliance, Semiconductor, and LCD.

★ 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, and digital camcorders.

★ 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 'Digital Appliance' business area includes home applicances such 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 Sensors, Smart Card IC, MP3 IC, DVD/BD/HDDVD Player SOC and multi-chip package (MCP); and storage devices such as optical disc drives and hard disk drives.

★ The 'LCD' business area focuses on TFT-LCD panels for laptops, monitors, and televisions.

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 centre

★ Magic Station - PC brand

★ MagicBright - LCD display technology brand

★ Ultra Edition - Slim Mobile Phone brand

★ Pleomax - PC peripheral and battery brand

★ SpinPoint - PC hard disk drive brand

★ CLP - Laser printer brand

★ MyMy - Cassette player brand

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

★ Samsung Electronics Philippines - ODD

★ Jászfényszaru, Hungary - TV sets

★ Samsung Electronics Indonesia, Cikarang, Indonesia - ODD, Set Top Box, DVD player, DVD recorder, TV, CRT monitors

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

References

1. The Korea Herald: The Nation's No.1 Newspaper Quote: "Samsung Electronics, the world's largest electronics manufacturer"

2. Samsung's Goal: Be Like BMW Patricia O'Connell
3. The 100 Top Brands 2006 8% change from 2005 [1] 2006
4. The Top 100 Most Innovative Companies Ranking APRIL 24, 2006

5. http://www.brandfinance.com/Uploads/pdfs/BF250%20FINAL.pdf
6. Buyers dissect devices to learn who makes what ASSOCIATED PRESS July 3, 2007
7. LG.Philips Posts Third Quarterly Loss on Panel Prices January 16, 2007 (Bloomberg)
8. [2]

External links

★ Samsung Electronics Company Homepage

★ Samsung History Timeline on the corporate webpage of references