(Redirected from Samsung)
Type | Public |
---|---|
Founded | 1938 |
Founder(s) | Lee Byung-chul |
Headquarters | |
Key people | Lee Kun Hee: Former Chairman and CEO Lee Soo-bin: Acting president, CEO of Samsung Life Insurance[1] |
Industry | Conglomerate |
Revenue | ▲ $174.2 billion[2] (2007) |
Net income | ▲ $13.9 billion[2] (2007) |
Total assets | ▲ $302.9 billion[2] (2007) |
Employees | 277,000[2] (2008) |
Subsidiaries | Samsung Electronics, Samsung Heavy Industries, Erich Gonzales Heavy Industries, Samsung Engineering & Construction, etc. |
Website | www.samsung.com |
Samsung | |
Hangul | 삼성 |
---|---|
Hanja | 三星 |
Revised Romanization | Samseong |
Samsung has been the world's most popular consumer electronics brand since 2005 and is the best known South Korean brand in the world.[6] Samsung Group accounts for more than 20% of South Korea's total exports[7] and is the leader in many domestic industries, such as the financial, chemical, retail and entertainment industries. The company's strong influence in South Korea is visible throughout the nation, which has been referred to as the "Republic of Samsung".[5][8]
Contents[hide] |
[edit] Background
Samsung is the world's leading consumer electronics brand and one of the top twenty global brands.
Many major South Korean corporations such as CJ Corporation, Hansol Group, Shinsegae Group and Joong-Ang Ilbo daily newspaper were previously part of the Samsung Group. Though they are still controlled by ex-Chairman Lee Kun-hee's relatives, they are no longer officially Samsung affiliates. Some leading companies in South Korea, notably MP3 player manufacturer iriver and search engine portal Naver, were established by ex-Samsung employees. A large number of South Korean firms, particularly those in the electronics industry, are dependent on Samsung for the supply of vital components or raw materials such as semiconductor chips or LCD panels. This has led to continued allegations of price fixing and monopolistic practices.
Samsung Group accounts for more than 20% of South Korea's total exports[9], with strong government support, including the ability to access unlimited amount of funds from major banks in South Korea. In many domestic industries, Samsung Group is the sole monopoly dominating a single market, its revenue as large as some countries' total GDP. In 2006, Samsung Group would have been the 34th largest economy in the world if ranked, larger than that of Argentina.[10] The company owns or has taken over so many mid to small sized businesses that it is often called a 'colonial empire' or 'hungry dinosaur'. The company has a powerful influence on the country's economic development, politics, media and culture, being a major driving force behind the Miracle on the Han River; many businesses today use its international success as a role model.
[edit] History
Samsung and others (Besix, Turner) are constructing the world's tallest building, the Burj Dubai (818 m) in the UAE.
Samsung constructed Tower 2 of the Petronas Twin Towers in Malaysia, the world's tallest twin buildings.
Samsung, as a subcontractor, constructed the Taipei 101 in Taiwan, the world's tallest completed skyscraper.
[edit] 1938-1969 SAMSUNG's beginnings
- 1938: Lee Byung-Chull founded his small business as 'Samsung Store' at Daegu
- 1950: Lee Byung-Chull founded Samsung trading company in Seoul (YPM)
- 1951: SAMSUNG Moolsan established (now SAMSUNG Corporation)
- 1953: Samsung starts sugar production, which has since been spun off into the CJ Corporation
- 1958: Ankuk Fire & Marine Insurance acquired (renamed SAMSUNG Fire & Marine Insurance in October 1993)
- 1963: The first Shinsegae department store opens in Seoul
- 1963: DongBang Life Insurance acquired (renamed SAMSUNG Life Insurance in July 1989)
- 1964: Samsung starts Tongyang Broadcasting Company (TBC), which later merged with KBS
- 1965: Samsung starts the Joong-Ang Ilbo daily newspaper, which is no longer a formal subsidiary of Samsung but is still controlled by ex-Chairman Lee Kun-hee's brother-in-law.
- 1966: Joong-Ang Development established (known today as SAMSUNG Everland)
- 1969: Samsung Electronics was founded
- 1969: SAMSUNG-Sanyo Electronics established (renamed SAMSUNG Electro-Mechanics in March 1975 and merged with SAMSUNG Electronics in March 1977)
South Korean President Park Chung-hee’s regime during the 1960s and 1970s would prove a boon for Samsung. Park placed great importance on industrialization, and focused his economic development strategy on a handful of large domestic conglomerates, protecting them from competition and assisting them financially. Samsung was one of these companies. Park banned several foreign companies from selling consumer electronics in South Korea in order to protect Samsung from foreign competition and nurture an electronics manufacturing sector that was in its infancy. “To make up for a lack of technological expertise in South Korea, the South Korean government effectively required foreign telecommunications equipment manufacturers to hand over advanced semiconductor technology in return for access to the Korean market” (Samsung Electronics). Such policies eventually lead to Samsung manufacturing the first Korean dynamic random access memory chips.
Samsung Group later formed several electronics-related divisions, such as Samsung Electronics Devices Co., Samsung Electro-Mechanics Co., Samsung Corning Co., and Samsung Semiconductor & Telecommunications Co., and grouped them together under Samsung Electronics Co., Ltd. in 1980s. Its first product was a black-and-white television set (Samsung Electronics).
In the late 1980s and early 1990s, Samsung Electronics invested heavily in research and development, investments that were pivotal in pushing the company to the forefront of the global electronics industry. “By the 1980s Samsung was manufacturing, shipping, and selling a wide range of appliances and electronic products throughout the world” (Samsung Electronics). In 1982, it built a television assembly plant in Portugal; in 1984, it built a $25 million plant in New York; and in 1987, it built another $25 million facility in England (Samsung Electronics).
[edit] 1970-1979: diversifying in industries and electronics
- 1970 : Black-and-white TV (model: P-3202) production started by SAMSUNG-Sanyo
- 1972 : Began production of black-and-white televisions for domestic sale
- 1974 : SAMSUNG Heavy Industries incorporated SAMSUNG Petrochemical established Began washing machine and refrigerator production
- 1976 : 1 millionth black-and-white TV produced
- 1976 : The company was awarded an export prize by the government as a part of the country's development program
- 1977 : SAMSUNG Precision Co. established (now SAMSUNG Techwin), Started export of colour televisions, SAMSUNG Fine Chemicals established, In addition, Samsung Shipbuilding is formed.
- 1978 : 4 millionth black-and-white TV (most in the world) produced
- 1979 : Began mass production of microwave ovens
[edit] 1980-1989: entering the global marketplace
- 1980 : Began producing air conditioners
- 1981 : First microwave ovens (model: RE-705D) exported (to Canada)
- 1 millionth colour TV produced
- 1982 : Samsung establishes a professional baseball team
- 1982 : Name changed from Korea Telecommunications Corp. to SAMSUNG Semiconductor & Telecommunications Co.
- Sales subsidiary (SEG) established in Germany
- 10 millionth black-and-white TV produced
- 1983 : Began production of personal computers (PCs)
- 1983 : Samsung produces its first computer chip: a 64k DRAM chip
- 1984 : SAMSUNG Data Systems established (Renamed SAMSUNG SDS)
- First VCRs exported to the US
- 1986 : Developed the world's smallest, lightest 4mm video tape recorder
- 1987 : SAMSUNG Advanced Institute of Technology opened for R&D purposes
- 1988 : SAMSUNG Semiconductor & Telecommunications Co merged with SAMSUNG Electronics. Home appliances, telecommunications and semiconductors selected as core business lines.
- 1989 : SAMSUNG BP Chemicals founded
- 20 millionth colour TV produced
[edit] The 1990s and the present
- 1996: Commercialization of CDMA Handset/System
- 1997: Commercialization of GSM Handset
- 2000: Commercialization of World’s first Handset/System - CDMA2000 1X
- 2002: Commercialization of World’s first Handset/System - CDMA2000 1X EV-DO
- 2003: Commercialisation of World's first Silver Nano washing machine using antibacterial silver nanoparticles
- 2004: Samsung commences production of the Neptune model washer/dryer for the Maytag Corp.
Samsung is the world's second largest mobile phone maker.
Samsung became the largest producer of memory chips in the world in 1992, and is the world's second-largest chipmaker after Intel (see Worldwide Top 20 Semiconductor Market Share Ranking Year by Year).[12] 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.[13][14][15][16]
In 1995, it built its first liquid-crystal display screen. Ten years later, Samsung grew to be the world's largest manufacturer of liquid-crystal display panels. Sony, which had not invested in LCDs, contacted Samsung to cooperate. In 2006, S-LCD was established as a joint venture between Samsung and Sony in order to provide a stable supply of LCD panels for both manufacturers. S-LCD is owned by Samsung and Sony 51% to 49% respectively and operates its factories and facilities in Tangjung, South Korea.
In 2008, Samsung became the largest mobile phone maker in the United States and 2nd largest mobile phone maker in the World after Nokia.
Considered a strong competitor by its rivals, Samsung Electronics expanded production dramatically to become the world's largest manufacturer of DRAM chips, flash memory, optical storage drives and it aims to double sales and become the top manufacturer of 20 products globally by 2010. It is now one of the world's leading manufacturers of liquid crystal displays and next generation mobile phones.
Samsung Electronics, which saw record profits and revenue in 2004 and 2005, overtook Sony as one of the world's most popular consumer electronics brands, and is now ranked #20 in the world overall.
By late 2005, Samsung had a net worth of US$77.6 billion.
On April 21 2008, Lee Kun-hee resigned as the chairman of Samsung Electronics owing to the Samsung slush funds scandal.
[edit] Markets
Samsung is currently the world's No. 3 maker of compact cameras.[17]
Samsung is the world's largest manufacturer of LCD displays.
Samsung, the world’s number one manufacturer of CRT and TFT computer monitors.[19]
Samsung is the world's 4th-largest manufacturer of Hard disk drives.
Samsung SDI Co., the world's second- largest maker of Lithium-ion batteries.[20]
[edit] Device solutions business
Currently, Samsung has sixteen products that have dominated the world’s market share, including: DRAM, color cathode-ray tube TVs (CPT, CDT), SRAM, TFT-LCD glass substrates, TFT-LCD, STN-LCD, tuner, CDMA handset, color television (CTV), monitor, flash memory, LCD Driver IC (LDI), PDP module, PCB for handheld (mobile phone plates), Flame Retardant ABS, and Dimethyl Formamide (DMF).[21]Plus in the Television market, Samsung and LG make the only screens for LCD TFT televisions and then later sell them on to the other companies.
According to Interbrand and BusinessWeek, Samsung’s brand value ranked 43rd (USD 5.2billion) in 2000, 42nd (USD 6.4 billion) in 2001, 34th (USD 8.3 billion) in 2002, 25th (USD 10.8 billion) in 2003, 21st (USD 12.5 billion) in 2004, and 20th (14.9 billion) in 2005 among top global companies.
In terms of export that directly contributes to the Korean economy, Samsung took up 18.1% of the all exports with USD 31.2 billion in 2000 and 20.7% with USD 52.7 billion in 2004. In addition, Samsung's tax payments to the Korean government in 2003 was KRW 6.5 trillion, which is about 6.3% of total tax revenue.
The market value of Samsung in 1997 reached KRW 7.3 trillion in 1997, which amounted to 10.3% of the Korean market but this figure increased to KRW 90.8 trillion taking up 22.4% in 2004.
Moreover, the annual net profit of Samsung marked KRW 5.8 trillion in 2001, KRW 11.7 trillion in 2002, KRW 7.4 trillion in 2003, and KRW 15.7 trillion in 2004, showing forth a steady increase.
In order to enhance the working environment and build a strong and trustworthy foundation, the semiconductor sector of Samsung Electronics has been conducting a ‘Great Workplace Program’ called GWP since 1998. Then, in 2003, GWP has spread throughout the entire Samsung Group as Samsung Fire and Marine Insurance, Samsung SDI, Samsung Everland, Samsung Corporation, Cheil Industries, Samsung Networks, and others started to apply its core principles. In 2006, 9 subsidiary companies of Samsung Electronics, 80 overseas branches, and 130 overseas business sectors have reported that they are actively applying the GWP.
Dramatic surge in Net Profits starting in the late 90's: $2.2Bil (1999), $7.3Bil (2000), $8.9Bil (2002), $11.8Bil (2004).
Samsung's Brand Value conducted by Interbrand of the world's top 100 brands: $6.4Bil (2001), $8.3Bil(2002), $10.8Bil(2003), $12.5Bil(2004), $14.9Bil(2005).
Market Capitalization (Ratio to the total market value of all Korean listed stocks): A dramatic increase from 7.3 trillion KRW, 10.3% of the total national listing value in 1997. At the end of 2004 national listing value in 22.4%.
Samsung's Annual Profits Growth: $4.5Bil (2001), $8.9Bil (2002), $5.6Bil (2003), $11.8Bil (2004) and Debt-to-Equity Ratio Decrease: 104% (2000), 78% (2001), 68% (2002), 56% (2003), 51% (2004).
[edit] Patent Innovations
Among the top innovators in the U.S. were -Samsung topped the list with over 7,400 patents granted, nearly 1,000 more than IBM. Elsewhere, the situation was quite different. Only one outside(non Europe) firm (Samsung) made it into the top ten in Europe.DATA: TOP PATENTING COMPANIES- United States Top 5 Innovators 2008
Rank | # of records | COMPANY | COUNTRY OF ORIGIN | |
---|---|---|---|---|
1 | 7404 | SAMSUNG ELECTRONICS | Korea | |
2 | 6576 | IBM | United States | |
3 | 2931 | MICROSOFT | United States | |
4 | 2421 | TOSHIBA | Japan | |
5 | 2019 | CANON | Japan |
Rank | # of records | COMPANY | COUNTRY OF ORIGIN | |
---|---|---|---|---|
1 | 2753 | SIEMENS | Germany | |
2 | 2619 | BOSCH | Germany | |
3 | 1475 | SAMSUNG ELECTRONICS | Korea | |
4 | 1250 | DAIMLER | Germany | |
5 | 905 | RENAULT | France |
[edit] Circular investment
The relations of Samsung companies are very complicated. According to the Financial Supervisory Service of South Korea, Samsung Everland owns 13.3% of Samsung Life Insurance; Samsung Life Insurance holds 34.5% of Samsung Card and 7.2% of Samsung Electronics, as well as more of other Samsung companies; Samsung Electronics in turns keeps 46.0% of Samsung Card and stocks of other Samsung companies; and finally, Samsung Card holds 25.6% of Samsung Everland.The family of Lee Kun-hee owns 40% of Samsung Everland, whilst Samsung Card holds 25.6%, and related people have another 30%. Thus it is thought that Lee controls 95% of Samsung Everland. Control of one company, through the circular investment, enables the Lee family to control other Samsung companies despite having only relatively minor holdings.
[edit] Main competitors
Products | Samsung's global m/s | Competitors | M/S | Competitors | M/S | Competitors | M/S | Competitors | M/S | Year | Source |
---|---|---|---|---|---|---|---|---|---|---|---|
DRAM | 34.3% | Hynix | 21.6% | Micron Technology | 14.6% | Elpida Memory | 14.2% | Qimonda | 4.8% | Q1 2009 | [23] |
NAND Flash | 40.4% | Toshiba | 28.1% | Hynix | 15.1% | Micron Technology | 7.9% | Intel | 5.8% | 2008 | [24] |
Large-size LCD Panel | 26.2% | LG Display | 25.8% | AU Optronics | 14% | Chi Mei | 13.9% | Sharp Corporation | 7%? | 2009 February | [25] |
PDP panel | 30.5% | LG | 34.8% | Panasonic | 27% | Hitachi | 4.4% | - | - | Q1 2008 | [26] |
Active-Matrix OLED | 90.0% | LG | - | Sony | - | Q2 2008 | [27] | ||||
Lithium-ion battery | 19% | Sanyo | 20% | LG | 14% | Sony | 13% | BYD Company | ? | Q2, 2009 | [28] |
LCD Monitor | 16.1% | Dell | 14.6% | HP | 11.9% | LG | 9.9% | Acer | 9.5% | 2008 | [29] |
Hard disk drive | 9.5% | Seagate Technology | 34.9% | Western Digital | 22.5% | Hitachi GST | 17.8% | Fujitsu | 7.2% | 2007 | [30] |
Multifunction printers | 16.4% | HP | 19.2% | Brother Industries | 13.5% | Xerox Corporation | ? | Epson | ? | Q1 2009 | [31] |
LCD TV | 20.2% | Sony | 13.8% | Sharp Corporation | 10.2% | LG | 9.3% | Philips | 7.0% | Q3 2008 | [32] |
LCD TV average sales price | $1,051 | Sony | $965 | LG | $805 | Toshiba | $722 | Panasonic | $522 | Q2 2009 | [33][34] |
LED TV | 94.8% | Sony | 2.8% | Vizio | 1.2% | LG | ? | Philips | ? | Q1,Q2 2009 | [35] |
PDP TV | 22.7% | Panasonic | 33.7% | LG | 16.4% | Pioneer | ? | Hitachi | ? | Q2 2008 | [36] |
Whole(LCD,PDP,CRT)TV | 21.5% | LG | 13.3% | Sony | 13.1% | Sharp Corporation | 7.2% | Panasonic | 6.1% | Q1'09 Revenue Share | [37] |
French Door Refrigerator- ※ (U.S. market) | 18.79% | Whirlpool | 23.83% | LG | 22.82% | GE | 15.77% | Bosch-Siemens | 1.01% | 2009 January | [38] |
Mobile phone | 19.1% | Nokia | 36.2% | LG | 9.9% | Motorola | 6.2% | Sony Ericsson | 5.4% | Q1 2009 | [39] |
Mobile phone- ※ (Western Europe and North American market) | 25% | Nokia | 21.1% | LG | 16.8% | Motorola | 9.6% | Sony Ericsson | 6.5% | Q2 2009 | [40][41] |
Digital camera | 9.1% | Canon | 19.2% | Sony | 17.5% | Olympus | 9.0% | Kodak | 8.8% | 2007 | [42] |
Drillship | 80% | Daewoo Shipbuilding & Marine Engineering | 20% | - | - | - | - | - | - | 2000~2007 | [43][44] |
- Camcorder — Sony, Panasonic
- Laser printer — HP, Brother Industries, Xerox Corporation, Epson
- Laptop computer — HP, DELL, Acer Inc, Lenovo
- Video projector — Epson
- MP3 players — Apple Inc, Iriver
- Home appliances — Whirlpool, Electrolux(AEG), LG, General Electric, Bosch-Siemens
- Optical disc drives — LG, Toshiba
- Home cinema — Sony, Philips, Panasonic, LG, Onkyo, Yamaha, Denon, Kenwood Corporation
- CCTV — Pelco
- Telecommunications equipment — Alcatel-Lucent, Nortel, Ericsson
- LED — Nichia, Osram
- Shipbuilding — Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering
- Photocopiers — Ricoh, Canon, Xerox, Sharp Corporation, Toshiba, Kyocera Mita, Panasonic
- Fax — Xerox, Sharp Corporation, Ricoh, Kyocera Mita, Murata Machinery,Toshiba, Panasonic
[edit] Products & Business Area
[edit] Consumer Products
- Mobile phones- CDMA, GSM
- Televisions - LED TV, LCD TV, Plasma TV, DLP TV
- Audio / Video - Blu-ray ,Home theater, Home theater projectors, MP3 players, DVD players, Digital set top box
- Cameras & Camcorders - Digital cameras, Camcorders
- Computers & Peripherals - Mobile computing, Desktop monitors, Data projectors, Digital photo frame, Hard disk drive, Optical disc drive
- Printers & Multifunction - Monochrome laser printers ,Color laser printers ,Monochrome laser multifunction printers & faxes, Color laser multifunction printers & faxes, Supplies & Accessories
- Home appliances-Refrigerators, Washers & Dryers, Ranges, Dishwashers, Microwaves, Air conditioners, Vacuum cleaner
- CCTV - Camera, Monitor, DVR, Network,Controller,EZ View, Housing & Mount
- Business Products - Mobile computing, LCD monitors, Data projector
- Telecommunication- Business telephone systems
- Set Top Box- Digital video recorder, Digital satellite receiver, Digital terrestrial receiver,Digital cable receiver
[edit] Components
- Memory-DRAM, SRAM, Fusion Memory
- System LSI - Mobile SoC, Media/Storage SoC, Display Driver IC, Microcontrollers, Imaging Solutions
- Flash Memory - NAND Flash, Flash SSD, NOR Flash,Card, Flash Software
- Foundry - Manufacturing Process technology, Design technology Services ,Security
- Storage - HDD(Hard disk drive), ODD(Optical disc drive), SSD(Solid-state drive)
- LCD Panels- LCD OEM, Monitor,Notebook PC,Mobile display,Digital display
- Fiber optics - Optical fibers, Fiber optic cables,Interconnection products
- Gas compressor - Recipro, Rotary
- Rechargeable battery - HEV battery (Hybrid Electric Vehicles), Fuel cell, Solar cell ,Lithium-ion batteries
- LED - LED Module, LED BLU
- TFT-LCD Glass, PDP Filter
- MLCC(Multi Layer Ceramic Capacitor), FC-BGA(Flip Chip Ball Grid Array)
[edit] Mechanics & Heavy Industries
- Shipbuilding- Tanker, Container ships, LNG carrier, Passenger ships, Icebreaker
- Offshore - FPSO, FDS, Drill ship,
- Plant - Power (CHP) Plants, new & renewable energy, Steel Plants, Semiconductor plants, Rail system, Oil refinery Plant, Gas plants, Fixed process platforms- FPSO and FLNG, Ethylene plants, EO/EG (ethylene)plants, Polymer plant, PMC (project management consulting)
- Stainless steel
- Turbo Compressor
- Power Generation- Gas Turbine, Aero Derivative, Gas Engine
- Wind Turbine
- Medical robot
- Robot sentry- 5.56 mm robotic machine gun to guard(Samsung SGR-A1)
[edit] Energy & Resources
- Oil (Producing Asset)-Algeria lssaouane, China Mahuangshan West Block, Mexico Ankor (Under study)-Iraq Onshore, Kazak Zhambyl
- Gas- Oman LNG, Qatar LNG
- Coal & Mineral(Uranium,Lead,Zinc,Copper)- Australia, China, Indonesia
- Renewable energy(Bio-diesel) plantation - Samsung’s plans to invest up to $1.63 billion dollars in what’s sure to be a controversial acquisition of land for growing oil palms and construction of a biodiesel plant in Indonesia.[45]
- Hydrogen fuel cell
- Emissions trading (Overseas Afforestation)
- Solar power plant- Systematization→ Samsung affiliated financial companies(Project Finance)→ Samsung Fine Chemicals(Crystalline silicon) →Samsung Corning Precision Glass(Ingot,Wafer) → Samsung Electronics, Samsung SDI (Cell, Module) → Samsung Engineering & Construction(Construction of the photovoltaic power station) →Samsung everland(Maintenance, Repair & Operation)[46]
[edit] Chemical
- PE(polyethylene),PP(polypropylene), Solvent
- PTA(purified terephthalic acid)
- Acetic acid, VAM(Vinyl Acetate Monomer),Hydrogen
- Urea for agricultural
- EMC(Epoxy Molding Compound), CMP(Chemical Mechanical Polishing) Slurry, LE(Liquid Encapsulant), DAF (Die Attach Film or Dicing Attach Film), SWC(Specialty Wet Chemical)
- LCD fabrication materials encompass color resists (CR) organic black matrix (BM), and over coat (OC)
- Anisotropic conductive film (ADF)
- Light diffusion plate (LDP)
- Multi angle sheet (MAS), Polarizing film , PI (polymide), Paste, FCCL, TCP
- Styrene Polymers, Special Polymers, Artificial Marble
The K9 Thunder is an indigenous South Korean self-propelled 155 mm howitzer developed by Samsung Techwin. Turkey has signed a $1 billion deal with Samsung Techwin. The K9 is also one of the two contenders for SPH part of Australia's Land 17 Artillery Replacement Program, facing off against German firm Krauss-Maffei Wegmann's PzH 2000)[47][48]
[edit] Defense
- Artillery System - K9 Thunder(155mm 52Cal. Self Propelled Howitzer), K10 ARV, FDCV
- Sub-systems for K2 Black Panther(Main battle tank)- Providing vetronics and other components, including the gas-turbine auxiliary power unit, and responsible for the vehicle's IFF system, Driver's Thermal Periscope (DTP), Gunner's Primary Sight (KGPS), Commander's Panoramic Sight (KCPS), Fire Control System, etc.
- Marine Corps System - KAAV7A1: Korea Amphibious Assault Vehicle(KAAV)
- Other System - War Game Solutions, Combat Training Center,Realistic training simulation,MILES(multiple integrated laser engagement system)
- C4I(Command, Control, Communication, Computer and Intelligence)- UHF transceiver, Tactical Multi-purpose Multi-function Radio, High speed radio transceiver
- Electro-optics business - EOTS(electro-optical tracking system), Night Vision, Portable thermal image binocular, FLIR(forward looking infra-red), IRST
- Radar-Coastal Surveillance Radar, SAR(Synthetic Aperture Radar), Ground Surveillance Radar, 3D MFR(Multi Function Radar}
- Combat management system(Naval Ships)- KDX, Submarine's combat management, radar and optronic mast systems.-(KSS-III-meaning Korean Submarine)[49]
- Jet Engine - GE licensed production(F110, F404, T700) Rolls-Royce licensed production( LM2500, GEM42, T56-A-14) ,Pratt & Whitney licensed production(F100, PT6-62) Honeywell licensed production(T53, T55)
[edit] IT Solutions and Services
- Enterprise Resource Planning(ERP)
- Customer Relationship Management(CRM)
- Supply Chain Management(SCM)
- RFID,Smart Card,Home Network
- Automatic Fare Collection(AFC)system- [China]Beijing Subway Lines 4, 8 and 10, Guangzhou Subway Line 1 and Line 2, Wuhan Subway, [Tiwan] Taipei Subway, [India] Delhi Subway, [Korea] Seoul Metropolitan Subway, KTX[50]
[edit] New Business Area
- May 21, 2009 - Samsung enters wind turbine market[51]
- Jul 5, 2009 - Samsung Engineering Wins $2.6 Billion Oil Refinery Project In Algeria[52]
- Jul 8, 2009 - Samsung wins $1.6 bln Saudi refinery order from Satorp(Joint venture set up by Saudi Arabia's state-run oil company Aramco and France's Total S.A.)[53]
- Jul 13, 2009 - Samsung partners with Coca-Cola on new vending machines[54]
- Jul 14, 2009 - Samsung & Gallant Air Conditioning open the Air Conditioning Training School in Mansfield UK.
- Jul 14, 2009 - Samsung-Bosch battery venture buys U.S. Cobasys from Chevron Corporation[55]
- Jul 15, 2009 -Samsung to invest $389 million in biosimilars: report(Reuters)[56]
- Jul 16, 2009 - Hyundai Motor, Samsung Join for Car Chips [57]
- Jul 20, 2009 - Samsung Electronics to Invest $4.3B in Green Transformation : report(Reuters)[58]
- JUL 28, 2009 - Samsung Heavy Gets $5B Offshore LNG Facility Order From Royal Dutch Shell[59]
- Jul 29, 2009 - Samsung, LG, and SK Telecom to jointly develop chips[60]
- Aug 03, 2009 - BMW to use Bosch-Samsung batteries for e-car; MUNICH; Germany — SB LiMotive, a joint venture of Bosch and Samsung focused on the production of lithium ion batteries, has announced its first customer: BMW will use SB LiMotive batteries to power its electric cars. [61]
[edit] Sports sponsorship
Samsung sponsors English premiership team Chelsea FC.
Samsung has also tried hard to improve its international image. It has spent more than $6 billion since 1998 on marketing, sponsoring the last five Olympics and erected a large video sign in Times Square in 2002 (Lee kun-hee). Samsung is very involved in the Asian Games, contributing Samsung Nations Cup Riding Competition, Samsung Running Festival, Samsung World Championship (LPGA Tour) and still many more around the globe.
Samsung owns the professional soccer club Suwon Samsung Bluewings, the baseball team Samsung Lions, the basketball team Seoul Samsung Thunders, the women's basketball team Samsung Bichumi, and the volleyball team Samsung Bluefangs in South Korea.
In 2005 Samsung signed the second biggest sponsorship deal in English football history with Premiership team Chelsea. Their five-year deal is estimated to be worth £50 million. In April 2008 Samsung and Mexican football team Club Deportivo Guadalajara signed a sponsorship deal for six years where Samsung will provide 865 plasma and LCD screens for the team's new stadium Estadio Chivas.
On January 15, 2009, Samsung signed a three-year deal with the Brazilian Football League Team Palmeiras, worth R$15 million annually (~4.8 million Euros annually). As well as having their logo printed on the Palmeiras football shirts, the deal also provides for the supply of Samsung products to the club, and a plan for activation with the crowd, being developed by Samsung. [63][64][65]
The company sponsors the rugby league team the Sydney Roosters in the Australian National Rugby League 1995-1997 2004-present. It also sponsored the Melbourne Victory football club in the Australian A-League. The deal with Victory is also believed to be the largest in Australian club football history. From 2009 Samsung will be the primary sponsor of the Essendon Football Club.
Samsung is a sponsor of the April NASCAR Nextel Cup race at Texas Motor Speedway, the Samsung 500. This sponsorship, initially with RadioShack from 2002-2006, was in doubt after the 2003 race because of NASCAR's ban on wireless telecommunication sponsors effective the 2004 season, but was grandfathered into the Nextel contract. (Nextel uses exclusively Motorola equipment.) However, after Sprint's merger with Nextel, the ban was rescinded for Samsung, because of Sprint's sale of Samsung products.
Samsung currently sponsors French People's Baseball Team. They plan to start a cricket league in India with the prize money of $20 million (Samsung plans to construct 9 stadiums by the end of 2009)
Samsung sponsors a professional StarCraft team, Samsung Khan. Samsung Khan won their first championship in the first season 2008 Shinhan Bank Proleague. It is also the leading sponsor of the World Cyber Games (WCG), an annual competition for various computer games including StarCraft.
Samsung is also the official HDTV sponsor of the National Football League.(NFL) The NFL has installed Samsung high definition televisions in select areas of all of its team stadiums.[66]
Samsung has agreed to become an Official IAAF(International Association of Athletics Federations) Partner of the 2009(Berlin, Germany) and 2011(Daegu, South Korea) IAAF World Championships in Athletics and the 2010 IAAF World Indoor Championships. [67]
[edit] Samsung sponsor of the Olympics
Samsung first became a full sponsor of the Olympic Games during the Nagano Olympic Winter Games in 1998. According to the new contract, Samsung will officially sponsor the Olympic Games and the Olympic Movement for the next eight years, a deal that covers the Vancouver Winter Olympics in 2010, the London Olympic Games in 2012, the 2014 Olympic Winter Games, and the 2016 Olympic Games.According to guidelines set forth by Samsung Chairman, Lee Kun-hee in 1996 – “Devise strategies that can raise brand value, which is a leading intangible asset and the source of corporate competitiveness, to the global level” – Samsung decided to sponsor the Olympic Movement to strengthen its global corporate image and brand value and has been carrying out a global marketing campaign with the Olympic Games and the Olympic Movement as the single theme.
Accordingly, Samsung concluded a TOP (The Olympic Partner) sponsorship contract with the IOC in 1997. Since then, the company has been an official sponsor in the wireless telecommunications equipment category, including the 1998 Nagano Winter Olympic Games, the 2000 Sydney Olympic Games, the 2002 Salt Lake City Olympic Games, the 2004 Athens Olympic Games, the 2006 Winter Olympic Games, the Beijing 2008 Olympic Games and the 2010 Vancouver Winter Olympics. By sponsoring the Olympic Games and the Olympic Movement for the last ten years, Samsung has made great strides towards becoming a “cutting-edge global brand” that leads the mobile phone industry. The Beijing Olympic Games in 2008 are expected to be the climax of the company’s efforts for the last ten years.
Samsung’s brand value grew more than fivefold from a mere 3.1 billion dollars in 1999 to 16.2 billion dollars in 2006, according to the annual company brand value ratings by Interbrand, the world’s largest brand consulting company. According to Strategy Analytics, a market research organisation, Samsung’s global mobile phone market share went up from 5.0 per cent in 1999 to 11.6 per cent last year, and its sales volume increased seven times from 16.65 million units to 114 million units.
[edit] Subsidiaries of the Samsung Group
[edit] Joint ventures
- GE Samsung Lighting Joint venture between GE (US) and Samsung
- Samsung Corning Precision Glass Joint venture between Samsung and Corning Incorporated (US)
- Samsung Hewlett-Packard(1984~1998) Joint venture between Samsung and HP (US)
- SD Flex Company Joint venture between Samsung and DuPont (US)
- SIGMA SAMSUNG COATINGS Joint venture between PPG Industries (US) and Samsung
- SB LiMotive Joint venture between Samsung and Bosch (Germany)
- Siltronic Samsung Wafer Joint venture between Siltronic (Germany)and Samsung
- Home Plus Joint Venture between Tesco (UK) & Samsung
- Samsung BP Chemicals Joint venture between Samsung and BP (UK)
- Renault Samsung Motors Joint venture between Renault (France) and Samsung
- Samsung Total Joint venture between Samsung and Total S.A. (France)
- Samsung Thales Joint venture between Samsung and Thales Group (France/Dutch)
- S-LCD Corporation Joint venture between Samsung Electronics and Sony (Japan)
- Toshiba Samsung Storage Technology Corporation joint venture between Toshiba (Japan) and Samsung
[edit] Sub-brand
- Anycall - Mobile Phone brand (Used in some countries)
- SENS - Laptop computer brand
- Magic Station - PC brand
- SyncMaster, Samtron - Monitor brand (Being Phased out for ToC Monitors)
- SpinPoint - PC hard disk drive brand
- Hauzen - Premium home appliances brand
- Zipel - Home refrigerator brand
- PAVV -Premium TV, home theater brand
- VLUU, Kenox - Digital camera brand
- Yepp - MP3 player brand
- Mobile WiMAX - Telecommunications equipment
- COMBO - Optical disc drives
- BEAN POLE, FUBU - Apparel
- UNIERP - Solution
- Raemian - Construction (housing works)
- Staron, Starex- Plastic chemical resin (Starex) and solid surface materials (Staron)
- THE SHILLA - Hotel
- S1 - security
- Everland, Caribbean Bay - Theme park
- Zaigen - Samsung computer support centre
- 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
- Pleomax - PC peripheral and battery 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.
[edit] See also
- Consumer electronics in South Korea
- Manufacturing industries of South Korea
- List of Korean companies
- List of Korea-related topics
- Samsung Lee Kun Hee Scholarship Foundation
- Seocho Samsung Town
- Symbian
[edit] Notes and references
- ^ Kelly Olsen (2008-04-22). "Samsung chairman resigns over scandal". Associated Press via Google News. http://ap.google.com/article/ALeqM5gmnWKlfgTsbW4n6D9OKnynHdXnhwD906SF9O0. Retrieved 2008-04-22.
- ^ a b c d Samsung Profile 2008
- ^ See List of companies by revenue
- ^ [http://koreatimes.co.kr/www/news/nation/2009/09/123_51093.html Samsung Group Expects Record Profit of $12 Billion
- ^ a b Economist.com Succession at Samsung - Crowning success
- ^ http://www.samsung.co.kr/samsung/result/value.do
- ^ http://www.samsung.co.kr/samsung/history.do
- ^ http://articles.latimes.com/2005/sep/25/business/fi-samsung25
- ^ http://www.transnationale.org/companies/samsung_group.php
- ^ [초 국가기업] <上> 삼성 매출>싱가포르 GDP… 국가를 가르친다 - 조선닷컴
- ^ brandchannel.com|Samsung Brand|Top 100 Global Brands|brands|brand|branding news
- ^ [1]
- ^ "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.
- ^ http://uk.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUKSEO17633820090331
- ^ http://www.samsung.com/global/business/semiconductor/aboutus/AboutUs_Performance.html
- ^ http://www.beststuff.com/comdex/samsung-announces-the-world-s-largest-flat-panel-monitor.html
- ^ http://www.bloomberg.com/apps/news?pid=20601101&refer=japan&sid=agSGWyURlvKg
- ^ http://www.samsung.com
- ^ THOMSON REUTERS ANALYSIS OF 2008 WORLD PATENT ACTIVITY FINDS U.S. MARKET INFUSED WITH ASIAN INNOVATIONS
- ^ Micron regains No. 3 spot in DRAM
- ^ The 2009 Outlook of Taiwanese DRAM vendors; 4Q08 and 2008 Sales Ranking of NAND Flash Brand Companies
- ^ Large-size TFT-LCD Panel Shipments are Up
- ^ LG Takes Over Lead From Matsushita in PDP Market
- ^ Samsung SDI has a 90% share of AM-OLED shipments for Q2 2008
- ^ http://www.hankyung.com/news/app/newsview.php?aid=2009082159441&sid=010401&nid=004<ype=1
- ^ Samsung Ranks #1 for Preliminary Worldwide LCD Monitor Market Share for Q1’08; Dell Grows Stronger in US Retail but Still Drops Share to Samsung
- ^ TrendFOCUS Report: HDDs Shrug Off Flash, Hit Shipment Records
- ^ Multifunction printers defy economic downturn to record solid worldwide salesgrowth
- ^ Samsung Electronics consolidates television global no. 1 position with largest ever LCD TV sales volume
- ^ Samsung Defeats Sony with Highest TV Sales Prices in N.America
- ^ Samsung outpaced Sony in the average price
- ^ Samsung Electronics Grabs Large LED TV Market Share in US
- ^ Global TV Growth Slows While Demand in Eastern Europe and the Middle East Surges Due to Strong Economies; Samsung Maintains Top Global TV Share in Q1 2008
- ^ Global TV Revenues Decline 12% Y/Y in Q1’09; LCD TV Revenues Down 1% but Units up 27%; Samsung Claims Top Spot in Units and Revenues
- ^ Whirlpool Refrigerators Dominate Dealer Floors
- ^ Handset Sales Post Biggest Drop; Nokia’s Share Falls
- ^ [2]
- ^ Samsung phones are best in the West
- ^ Samsung Techwin Takes 3rd Place in Digital Camera Market Share
- ^ Frontier Spirit
- ^ [3]
- ^ Samsung to Invest $1.63 Billion in Indonesian Biodiesel Project
- ^ [4]
- ^ Turkey signs $1b howitzer deal with South Korea
- ^ Australian howitzer request closes with two bids, PROGRAMME UPDATE
- ^ Samsung Thales 'poised to win' Korean KSS-III system delivery contract, PROGRAMME UPDATE
- ^ Millions Use Samsung SDS’s Metro System in China, India
- ^ Samsung enters wind turbine market
- ^ storyid=200907050620dowjonesdjonline000243&title=samsung-engineering-wins-26-billion-oil-refinery-project-in-algeria
- ^ Samsung wins $1.6 bln Saudi refinery order
- ^ [5]
- ^ UPDATE 1-Samsung-Bosch battery venture buys U.S. Cobasys
- ^ Samsung to invest $389 million in biosimilars)
- ^ Hyundai Motor, Samsung Join for Car Chips
- ^ [6]
- ^ Samsung Heavy Gets $5B Offshore LNG Facility Order From Shell
- ^ Samsung, LG, and SK Telecom to jointly develop chips
- ^ BMW to use Bosch-Samsung batteries for e-car
- ^ Samsung: New partner of the Spanish Riding School – Federal Stud Piber
- ^ http://www.football-shirts-kits.co.uk/new-arrivals/palmeiras-launch-0910-adidas-kits/
- ^ http://www.estadao.com.br/noticias/esportes,palmeiras-fecha-patrocinio-com-a-samsung-por-r-15-milhoes,307924,0.htm
- ^ http://www.futebolfinance.com/en/palmeiras-assina-com-samsung/
- ^ http://www.huliq.com/31840/samsung-announces-multi-year-sponsorship-of-nfl
- ^ IAAF signs major marketing partnership with Samsung
[edit] External links
- Samsung Korean website
- Samsung global website
- Samsung Advanced Institute of Technology
- Yahoo! - Samsung Group Company Profile
- Show Jumping Nations Cup Super League
- Samsung Camera
- Samsung mobile path
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