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Samsung Electronics 

“Market Cap $186.47 B As of May 2014

At a Glance

  • Industry: Semiconductors
  • Founded: 1969
  • Country: South Korea
  • CEO: Oh-Hyun Kwon
  • Website: www.samsung.com
  • Employees: 90,700
  • Sales: $208.9 B
  • Headquarters: Suwon, Gyeonggi-do

Forbes Lists

#22 Global 2000

  • #12 in Sales
  • #9 in Profit
  • #139 in Assets
  • #24 in Market value

#9 World’s Most Valuable Brands

Asia’s Fab 50 Companies (2012)

Profile

Samsung Electronics Co., Ltd. engages in the manufacture and sale of electronic products. The firm operates through the following business divisions: Consumer Electronics (CE), Information Technology & Mobile Communications (IM), and Device Solutions (DS). The CE business division provides cable television, monitor, printer, air-conditioners, refrigerators, washing machines, and medical devices. The IM business division offers handheld products, communication systems, computers, and digital cameras. The DS business division comprises of memory, system large scale integrated circuit, and light emitting diode. The company was founded on January 13, 1969 and is headquartered in Suwon, South Korea.

“Samsung Electronics History

At Samsung Electronics, we see every challenge as an opportunity and believe we are perfectly positioned as one of the world’s recognized leaders in the digital technology industry.

Our commitment to being the world’s best has won us the No.1 global market share for 13 of our products, including semiconductors, TFT-LCDs, monitors and CDMA mobile phones.

Looking forward, we’re making historic advances in research and development of our overall semiconductor line, including flash memory and non-memory, custom semiconductors, DRAM and SRAM, as well as producing best-in-class LCDs, mobile phones, digital appliances and more.

2013

  • Launched Galaxy S4 in the global markets
  • Began mass producing the world’s first 20 nanometer 4Gb ultra high-speed mobile DRAM

2012

  • Took 9th place among global top 100 brands with a brand value of USD 32.9 billion
  • The LCD business was sent to Samsung Mobile Display

2011

  • Began construction of the 7.5G LCD manufacturing plant in Suzhou, China
  • Signed a patent sharing license agreement with IBM

2010

  • Became the #1 global electronics company in sales
  • Acquired the medical equipment company, Medison
  • Began mass producing 20nm-class, 64-gigabit 3-bit NAND flash memory
  • Merged with Samsung Digital Imaging
  • Launched the Galaxy smartphone series with the Android OS

2009

  • Developed the world’s first 40 nanometer DRAM
  • Samsung’s brand value was ranked No. 19 in the world by Interbrand’s 2010 Best Global Brands

2008

  • Established TV manufacturing in Russia

2007

  • Became an official Olympic technology sponsor

2006

  • Developed the world’s first 40 nanometer 32Gb NAND flash memory, 50 nanometer 1GB DRAM memory
  • Became an official sponsor of the Paralympic Games
  • Became #1 in global TV market share

2005

  • Became the official sponsor of Chelsea, the English Premier League football club
  • Developed world’s first 50 nanometers 16Gb NAND flash memory

2004

  • Established a LCD manufacturing facility in Tang jeong
  • Established a System LSI R&D center in China

2003

  • Established S-LCD with Sony, to manufacture TFT-LCD panels
  • Established TSST, to manufacture optical storage devices
  • Established SESK, a manufacturing subsidiary in Slovakia
  • Became #1 globally in flash memory
  • Achieved cumulative sales of over 10 million units for the SGH-T100 mobile phone launched in 2002

2002

  • Became #1 in NAND flash memory and #2 in semiconductors worldwide

2001

  • Began mass production of 512Mb flash memory devices
  • Created the World Cyber Games
  • Established a Design Management Center

2000

  • Recorded cumulative sales of over 100 million units of color TVs

1999

  • Developed the world’s first 3D TFT-LCD Monitor
  • Developed a wireless Internet phone (Smartphone)
  • Launched the world’s 1st MP3 mobile phone

1998

  • Achieved top share of world’s TFT-LCD market
  • Began the mass production of world’s first digital TV
  • Developed a complete flat-screen TV
  • Served as a Olympic Partner at the Nagano Winter Olympics
  • Developed world’s first 128MB Synchronous DRAM and 128MB Flash memory

1997

  • Became a Worldwide Olympic Partner (TOP) in the wireless communications category
  • Developed world’s first complete 30″ TFT-LCD
  • Announced 2nd phase of “New Management”

During this period, 17 different products from semiconductors to computer monitors, TFT-LCD screens to color picture tubes climbed into the ranks of the top-five products for global market share in their respective areas and 12 others achieved top market ranking in their areas. Being No.1 also means fulfilling corporate social obligations, whether the cause is social welfare, environmental conservation, cultural events or sports.
To that end, Samsung Electronics actively participated in sports marketing and as a result of its intensive efforts, its then-chairman, Kun-hee Lee, was selected as a member of the International Olympic Committee (IOC) in July 1996, greatly enhancing the company’s image as a key contributor to world athletics.

1996

  • Developed the 1G DRAM
  • Began mass production of 64M DRAMs

1995

  • Samsung Advanced Institute of Technology (SAIT) developed world’s first real-time MPEG-3 technology
  • Developed the world’s first 33″ double-screen TV

1994

  • Developed the world’s first 256M DRAM
  • Produced over 30 million microwave ovens

Companies were pressed to rethink their technology and services offerings. Business began to flow across borders between countries and companies. Samsung Electronics made the most of these opportunities by refocusing its business strategy to better respond to market demands.

1993

  • Samsung Advanced Institute of Technology (SAIT) developed first-ever digital video disk recorder (DVD-R)
  • Samsung Group enacted the company identity
  • Samsung Group announced “New Management”

1992

  • Developed mobile phone system
  • Developed world’s first 64M DRAM
  • Produced over 10 million industrial robots
  • Began manufacturing in China

1991

  • Developed mobile phone handset…”

*Information from Forbes.com and Samsung.com

**Video published on YouTube by “ThePlanetV