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7/27/2019 Samsung Overview
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Samsung
Samsung Group
Type Chaebol
Industry Conglomerate
Founded 1938
Founder(s) Lee Byung-chull
Headquarters Samsung Town,Seoul,South Korea
Area served Worldwide
Key people Lee Kun-hee(ChairmanandCEO)
Lee Soo-bin(President,CEOofSamsung Life
Insurance)[1]
Products Consumer electronics,shipbuilding,telecom,
engineering andconstruction,information and
communications technology services,financial
services, chemicals,retail,heavy industries,
entertainment, apparel, medical services
Revenue US$247.5 billion (2011)[2]
Net income US$ 18.3 billion (2011)[2]
http://en.wikipedia.org/wiki/Types_of_business_entityhttp://en.wikipedia.org/wiki/Types_of_business_entityhttp://en.wikipedia.org/wiki/Chaebolhttp://en.wikipedia.org/wiki/Chaebolhttp://en.wikipedia.org/wiki/Conglomerate_(company)http://en.wikipedia.org/wiki/Conglomerate_(company)http://en.wikipedia.org/wiki/Lee_Byung-chullhttp://en.wikipedia.org/wiki/Lee_Byung-chullhttp://en.wikipedia.org/wiki/Samsung_Townhttp://en.wikipedia.org/wiki/Samsung_Townhttp://en.wikipedia.org/wiki/Seoulhttp://en.wikipedia.org/wiki/Seoulhttp://en.wikipedia.org/wiki/Seoulhttp://en.wikipedia.org/wiki/South_Koreahttp://en.wikipedia.org/wiki/South_Koreahttp://en.wikipedia.org/wiki/South_Koreahttp://en.wikipedia.org/wiki/Lee_Kun-heehttp://en.wikipedia.org/wiki/Lee_Kun-heehttp://en.wikipedia.org/wiki/Chairmanhttp://en.wikipedia.org/wiki/Chairmanhttp://en.wikipedia.org/wiki/Chairmanhttp://en.wikipedia.org/wiki/Chief_executive_officerhttp://en.wikipedia.org/wiki/Chief_executive_officerhttp://en.wikipedia.org/wiki/Chief_executive_officerhttp://en.wikipedia.org/wiki/Lee_Soo-binhttp://en.wikipedia.org/wiki/Lee_Soo-binhttp://en.wikipedia.org/wiki/Chief_executive_officerhttp://en.wikipedia.org/wiki/Chief_executive_officerhttp://en.wikipedia.org/wiki/Chief_executive_officerhttp://en.wikipedia.org/wiki/Samsung_Life_Insurancehttp://en.wikipedia.org/wiki/Samsung_Life_Insurancehttp://en.wikipedia.org/wiki/Samsung_Life_Insurancehttp://en.wikipedia.org/wiki/Samsung#cite_note-lee-kun-hee-resigns-0http://en.wikipedia.org/wiki/Samsung#cite_note-lee-kun-hee-resigns-0http://en.wikipedia.org/wiki/Samsung#cite_note-lee-kun-hee-resigns-0http://en.wikipedia.org/wiki/Consumer_electronicshttp://en.wikipedia.org/wiki/Shipbuildinghttp://en.wikipedia.org/wiki/Shipbuildinghttp://en.wikipedia.org/wiki/Shipbuildinghttp://en.wikipedia.org/wiki/Telecommunicationhttp://en.wikipedia.org/wiki/Telecommunicationhttp://en.wikipedia.org/wiki/Telecommunicationhttp://en.wikipedia.org/wiki/Constructionhttp://en.wikipedia.org/wiki/Constructionhttp://en.wikipedia.org/w/index.php?title=Information_and_communications_technology_services&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Information_and_communications_technology_services&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Information_and_communications_technology_services&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Information_and_communications_technology_services&action=edit&redlink=1http://en.wikipedia.org/wiki/Financial_serviceshttp://en.wikipedia.org/wiki/Financial_serviceshttp://en.wikipedia.org/wiki/Financial_serviceshttp://en.wikipedia.org/wiki/Financial_serviceshttp://en.wikipedia.org/wiki/Retailhttp://en.wikipedia.org/wiki/Retailhttp://en.wikipedia.org/wiki/Retailhttp://en.wikipedia.org/wiki/Heavy_industrieshttp://en.wikipedia.org/wiki/Heavy_industrieshttp://en.wikipedia.org/wiki/Heavy_industrieshttp://en.wikipedia.org/wiki/United_States_dollarhttp://en.wikipedia.org/wiki/United_States_dollarhttp://en.wikipedia.org/wiki/Samsung#cite_note-report-1http://en.wikipedia.org/wiki/Samsung#cite_note-report-1http://en.wikipedia.org/wiki/Samsung#cite_note-report-1http://en.wikipedia.org/wiki/Net_incomehttp://en.wikipedia.org/wiki/Net_incomehttp://en.wikipedia.org/wiki/Samsung#cite_note-report-1http://en.wikipedia.org/wiki/Samsung#cite_note-report-1http://en.wikipedia.org/wiki/Samsung#cite_note-report-1http://en.wikipedia.org/wiki/File:Samsung_Logo.svghttp://en.wikipedia.org/wiki/Samsung#cite_note-report-1http://en.wikipedia.org/wiki/Net_incomehttp://en.wikipedia.org/wiki/Samsung#cite_note-report-1http://en.wikipedia.org/wiki/United_States_dollarhttp://en.wikipedia.org/wiki/Heavy_industrieshttp://en.wikipedia.org/wiki/Retailhttp://en.wikipedia.org/wiki/Financial_serviceshttp://en.wikipedia.org/wiki/Financial_serviceshttp://en.wikipedia.org/w/index.php?title=Information_and_communications_technology_services&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Information_and_communications_technology_services&action=edit&redlink=1http://en.wikipedia.org/wiki/Constructionhttp://en.wikipedia.org/wiki/Telecommunicationhttp://en.wikipedia.org/wiki/Shipbuildinghttp://en.wikipedia.org/wiki/Consumer_electronicshttp://en.wikipedia.org/wiki/Samsung#cite_note-lee-kun-hee-resigns-0http://en.wikipedia.org/wiki/Samsung_Life_Insurancehttp://en.wikipedia.org/wiki/Samsung_Life_Insurancehttp://en.wikipedia.org/wiki/Chief_executive_officerhttp://en.wikipedia.org/wiki/Lee_Soo-binhttp://en.wikipedia.org/wiki/Chief_executive_officerhttp://en.wikipedia.org/wiki/Chairmanhttp://en.wikipedia.org/wiki/Lee_Kun-heehttp://en.wikipedia.org/wiki/South_Koreahttp://en.wikipedia.org/wiki/Seoulhttp://en.wikipedia.org/wiki/Samsung_Townhttp://en.wikipedia.org/wiki/Lee_Byung-chullhttp://en.wikipedia.org/wiki/Conglomerate_(company)http://en.wikipedia.org/wiki/Chaebolhttp://en.wikipedia.org/wiki/Types_of_business_entity7/27/2019 Samsung Overview
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Total assets US$ 384.3 billion (2011)[2]
Total equity US$ 224.7 billion (2011)[2]
Employees 344,000 (2010)[2]
Subsidiaries Samsung Electronics
Samsung Life Insurance
Samsung Heavy Industries
Samsung C&T
Samsung SDSetc.
Website Samsung.com
This article
containsKoreantext. Without
properrendering support, you
may seequestion marks,
boxes, or other
symbolsinstead
ofHangulorHanja.
Samsung Group(Hangul:;Hanja:; Korean pronunciation:[sam.s ,
informally Samsung) is aSouth Koreanmultinationalconglomerate companyheadquartered
inSamsung Town,Seoul. It comprises numerous subsidiaries and affiliated businesses, most of them
united under the Samsungbrand, and is the largest South Koreanchaebol.
Notable Samsung industrial subsidiaries includeSamsung Electronics(theworld's largest information
technology company measured by 2011 revenues),[3][4]Samsung Heavy Industries(the world's
second-largestshipbuildermeasured by 2010 revenues),[5],Samsung Techwin(weapons
technologyandoptoelectronics), andSamsung EngineeringandSamsung C&T(respectively the
world's 35th- and 72nd-largest construction companies).[6]Other notable subsidiaries
includeSamsung Life Insurance(the world's 14th-largest insurance company),[7]Samsung
Everland(the oldesttheme parkin South Korea)[8]andCheil Worldwide(the world's 19th-largest
advertising agency measured by 2010 revenues).[9][10]
Samsung produces around a fifth of South Korea's total exports[11]and its revenues are larger than
many countries'GDP; in 2006, it would have been the world's 35th-largest economy.[12]
The company
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".[13][14]
Contents
[hide]
http://en.wikipedia.org/wiki/Assethttp://en.wikipedia.org/wiki/Samsung#cite_note-report-1http://en.wikipedia.org/wiki/Samsung#cite_note-report-1http://en.wikipedia.org/wiki/Samsung#cite_note-report-1http://en.wikipedia.org/wiki/Equity_(finance)http://en.wikipedia.org/wiki/Samsung#cite_note-report-1http://en.wikipedia.org/wiki/Samsung#cite_note-report-1http://en.wikipedia.org/wiki/Samsung#cite_note-report-1http://en.wikipedia.org/wiki/Samsung#cite_note-report-1http://en.wikipedia.org/wiki/Samsung#cite_note-report-1http://en.wikipedia.org/wiki/Samsung#cite_note-report-1http://en.wikipedia.org/wiki/Subsidiaryhttp://en.wikipedia.org/wiki/Subsidiaryhttp://en.wikipedia.org/wiki/Samsung_Electronicshttp://en.wikipedia.org/wiki/Samsung_Electronicshttp://en.wikipedia.org/wiki/Samsung_Life_Insurancehttp://en.wikipedia.org/wiki/Samsung_Life_Insurancehttp://en.wikipedia.org/wiki/Samsung_Heavy_Industrieshttp://en.wikipedia.org/wiki/Samsung_Heavy_Industrieshttp://en.wikipedia.org/wiki/Samsung_C%26T_Corporationhttp://en.wikipedia.org/wiki/Samsung_C%26T_Corporationhttp://en.wikipedia.org/wiki/Samsung_SDShttp://en.wikipedia.org/wiki/Samsung_SDShttp://www.samsung.com/http://www.samsung.com/http://en.wikipedia.org/wiki/Korean_languagehttp://en.wikipedia.org/wiki/Korean_languagehttp://en.wikipedia.org/wiki/Korean_languagehttp://en.wikipedia.org/wiki/Help:Multilingual_support_(East_Asian)http://en.wikipedia.org/wiki/Help:Multilingual_support_(East_Asian)http://en.wikipedia.org/wiki/Help:Multilingual_support_(East_Asian)http://en.wikipedia.org/wiki/Mojibakehttp://en.wikipedia.org/wiki/Mojibakehttp://en.wikipedia.org/wiki/Mojibakehttp://en.wikipedia.org/wiki/Mojibakehttp://en.wikipedia.org/wiki/Mojibakehttp://en.wikipedia.org/wiki/Hangulhttp://en.wikipedia.org/wiki/Hangulhttp://en.wikipedia.org/wiki/Hangulhttp://en.wikipedia.org/wiki/Hanjahttp://en.wikipedia.org/wiki/Hanjahttp://en.wikipedia.org/wiki/Hanjahttp://en.wikipedia.org/wiki/Hangulhttp://en.wikipedia.org/wiki/Hangulhttp://en.wikipedia.org/wiki/Hangulhttp://en.wikipedia.org/wiki/Hanjahttp://en.wikipedia.org/wiki/Hanjahttp://en.wikipedia.org/wiki/Hanjahttp://en.wikipedia.org/wiki/Wikipedia:IPA_for_Koreanhttp://en.wikipedia.org/wiki/Wikipedia:IPA_for_Koreanhttp://en.wikipedia.org/wiki/Wikipedia:IPA_for_Koreanhttp://en.wikipedia.org/wiki/Wikipedia:IPA_for_Koreanhttp://en.wikipedia.org/wiki/South_Koreanhttp://en.wikipedia.org/wiki/South_Koreanhttp://en.wikipedia.org/wiki/Multinational_corporationhttp://en.wikipedia.org/wiki/Multinational_corporationhttp://en.wikipedia.org/wiki/Multinational_corporationhttp://en.wikipedia.org/wiki/Samsung_Townhttp://en.wikipedia.org/wiki/Samsung_Townhttp://en.wikipedia.org/wiki/Samsung_Townhttp://en.wikipedia.org/wiki/Seoulhttp://en.wikipedia.org/wiki/Seoulhttp://en.wikipedia.org/wiki/Seoulhttp://en.wikipedia.org/wiki/Chaebolhttp://en.wikipedia.org/wiki/Chaebolhttp://en.wikipedia.org/wiki/Chaebolhttp://en.wikipedia.org/wiki/Samsung_Electronicshttp://en.wikipedia.org/wiki/Samsung_Electronicshttp://en.wikipedia.org/wiki/Samsung_Electronicshttp://en.wikipedia.org/wiki/List_of_the_largest_technology_companieshttp://en.wikipedia.org/wiki/List_of_the_largest_technology_companieshttp://en.wikipedia.org/wiki/List_of_the_largest_technology_companieshttp://en.wikipedia.org/wiki/List_of_the_largest_technology_companieshttp://en.wikipedia.org/wiki/Samsung#cite_note-2http://en.wikipedia.org/wiki/Samsung#cite_note-2http://en.wikipedia.org/wiki/Samsung_Heavy_Industrieshttp://en.wikipedia.org/wiki/Samsung_Heavy_Industrieshttp://en.wikipedia.org/wiki/Samsung_Heavy_Industrieshttp://en.wikipedia.org/wiki/Shipbuilderhttp://en.wikipedia.org/wiki/Shipbuilderhttp://en.wikipedia.org/wiki/Shipbuilderhttp://en.wikipedia.org/wiki/Samsung#cite_note-4http://en.wikipedia.org/wiki/Samsung#cite_note-4http://en.wikipedia.org/wiki/Samsung#cite_note-4http://en.wikipedia.org/wiki/Samsung_Techwinhttp://en.wikipedia.org/wiki/Samsung_Techwinhttp://en.wikipedia.org/wiki/Samsung_Techwinhttp://en.wikipedia.org/wiki/Weapons_technologyhttp://en.wikipedia.org/wiki/Weapons_technologyhttp://en.wikipedia.org/wiki/Weapons_technologyhttp://en.wikipedia.org/wiki/Weapons_technologyhttp://en.wikipedia.org/wiki/Optoelectronicshttp://en.wikipedia.org/wiki/Optoelectronicshttp://en.wikipedia.org/wiki/Optoelectronicshttp://en.wikipedia.org/wiki/Samsung_Engineeringhttp://en.wikipedia.org/wiki/Samsung_Engineeringhttp://en.wikipedia.org/wiki/Samsung_Engineeringhttp://en.wikipedia.org/wiki/Samsung_C%26Thttp://en.wikipedia.org/wiki/Samsung_C%26Thttp://en.wikipedia.org/wiki/Samsung_C%26Thttp://en.wikipedia.org/wiki/Samsung#cite_note-5http://en.wikipedia.org/wiki/Samsung#cite_note-5http://en.wikipedia.org/wiki/Samsung#cite_note-5http://en.wikipedia.org/wiki/Samsung_Life_Insurancehttp://en.wikipedia.org/wiki/Samsung_Life_Insurancehttp://en.wikipedia.org/wiki/Samsung_Life_Insurancehttp://en.wikipedia.org/wiki/Samsung#cite_note-6http://en.wikipedia.org/wiki/Samsung#cite_note-6http://en.wikipedia.org/wiki/Samsung_Everlandhttp://en.wikipedia.org/wiki/Samsung_Everlandhttp://en.wikipedia.org/wiki/Samsung_Everlandhttp://en.wikipedia.org/wiki/Samsung_Everlandhttp://en.wikipedia.org/wiki/Theme_parkhttp://en.wikipedia.org/wiki/Theme_parkhttp://en.wikipedia.org/wiki/Theme_parkhttp://en.wikipedia.org/wiki/Samsung#cite_note-7http://en.wikipedia.org/wiki/Samsung#cite_note-7http://en.wikipedia.org/wiki/Samsung#cite_note-7http://en.wikipedia.org/wiki/Cheil_Worldwidehttp://en.wikipedia.org/wiki/Cheil_Worldwidehttp://en.wikipedia.org/wiki/Cheil_Worldwidehttp://en.wikipedia.org/wiki/Samsung#cite_note-8http://en.wikipedia.org/wiki/Samsung#cite_note-8http://en.wikipedia.org/wiki/Samsung#cite_note-8http://en.wikipedia.org/wiki/Samsung#cite_note-Hutson-10http://en.wikipedia.org/wiki/Samsung#cite_note-Hutson-10http://en.wikipedia.org/wiki/Samsung#cite_note-Hutson-10http://en.wikipedia.org/wiki/GDPhttp://en.wikipedia.org/wiki/GDPhttp://en.wikipedia.org/wiki/GDPhttp://en.wikipedia.org/wiki/Samsung#cite_note-11http://en.wikipedia.org/wiki/Samsung#cite_note-11http://en.wikipedia.org/wiki/Samsung#cite_note-11http://en.wikipedia.org/wiki/Miracle_on_the_Han_Riverhttp://en.wikipedia.org/wiki/Miracle_on_the_Han_Riverhttp://en.wikipedia.org/wiki/Miracle_on_the_Han_Riverhttp://en.wikipedia.org/wiki/Samsung#cite_note-12http://en.wikipedia.org/wiki/Samsung#cite_note-12http://en.wikipedia.org/wiki/Samsung#cite_note-12http://en.wikipedia.org/wiki/Samsunghttp://en.wikipedia.org/wiki/Samsunghttp://en.wikipedia.org/wiki/Samsunghttp://en.wikipedia.org/wiki/Samsunghttp://en.wikipedia.org/wiki/Samsung#cite_note-12http://en.wikipedia.org/wiki/Samsung#cite_note-12http://en.wikipedia.org/wiki/Miracle_on_the_Han_Riverhttp://en.wikipedia.org/wiki/Samsung#cite_note-11http://en.wikipedia.org/wiki/GDPhttp://en.wikipedia.org/wiki/Samsung#cite_note-Hutson-10http://en.wikipedia.org/wiki/Samsung#cite_note-8http://en.wikipedia.org/wiki/Samsung#cite_note-8http://en.wikipedia.org/wiki/Cheil_Worldwidehttp://en.wikipedia.org/wiki/Samsung#cite_note-7http://en.wikipedia.org/wiki/Theme_parkhttp://en.wikipedia.org/wiki/Samsung_Everlandhttp://en.wikipedia.org/wiki/Samsung_Everlandhttp://en.wikipedia.org/wiki/Samsung#cite_note-6http://en.wikipedia.org/wiki/Samsung_Life_Insurancehttp://en.wikipedia.org/wiki/Samsung#cite_note-5http://en.wikipedia.org/wiki/Samsung_C%26Thttp://en.wikipedia.org/wiki/Samsung_Engineeringhttp://en.wikipedia.org/wiki/Optoelectronicshttp://en.wikipedia.org/wiki/Weapons_technologyhttp://en.wikipedia.org/wiki/Weapons_technologyhttp://en.wikipedia.org/wiki/Samsung_Techwinhttp://en.wikipedia.org/wiki/Samsung#cite_note-4http://en.wikipedia.org/wiki/Shipbuilderhttp://en.wikipedia.org/wiki/Samsung_Heavy_Industrieshttp://en.wikipedia.org/wiki/Samsung#cite_note-2http://en.wikipedia.org/wiki/Samsung#cite_note-2http://en.wikipedia.org/wiki/List_of_the_largest_technology_companieshttp://en.wikipedia.org/wiki/List_of_the_largest_technology_companieshttp://en.wikipedia.org/wiki/Samsung_Electronicshttp://en.wikipedia.org/wiki/Chaebolhttp://en.wikipedia.org/wiki/Seoulhttp://en.wikipedia.org/wiki/Samsung_Townhttp://en.wikipedia.org/wiki/Multinational_corporationhttp://en.wikipedia.org/wiki/Multinational_corporationhttp://en.wikipedia.org/wiki/South_Koreanhttp://en.wikipedia.org/wiki/Wikipedia:IPA_for_Koreanhttp://en.wikipedia.org/wiki/Hanjahttp://en.wikipedia.org/wiki/Hangulhttp://en.wikipedia.org/wiki/Hanjahttp://en.wikipedia.org/wiki/Hangulhttp://en.wikipedia.org/wiki/Mojibakehttp://en.wikipedia.org/wiki/Mojibakehttp://en.wikipedia.org/wiki/Mojibakehttp://en.wikipedia.org/wiki/Help:Multilingual_support_(East_Asian)http://en.wikipedia.org/wiki/Korean_languagehttp://www.samsung.com/http://en.wikipedia.org/wiki/Samsung_SDShttp://en.wikipedia.org/wiki/Samsung_C%26T_Corporationhttp://en.wikipedia.org/wiki/Samsung_Heavy_Industrieshttp://en.wikipedia.org/wiki/Samsung_Life_Insurancehttp://en.wikipedia.org/wiki/Samsung_Electronicshttp://en.wikipedia.org/wiki/Subsidiaryhttp://en.wikipedia.org/wiki/Samsung#cite_note-report-1http://en.wikipedia.org/wiki/Samsung#cite_note-report-1http://en.wikipedia.org/wiki/Equity_(finance)http://en.wikipedia.org/wiki/Samsung#cite_note-report-1http://en.wikipedia.org/wiki/Asset7/27/2019 Samsung Overview
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1 Name
2 History
o
2.1 1938 to 1970o 2.2 1970 to 1990
o 2.3 1990 to 2000
o 2.4 2000 to present
o 2.5 Acquisitions and attempted acquisitions
3 Operations
o 3.1 Subsidiaries and affiliates
o 3.2 Joint ventures
o 3.3 Partially owned companies
o 3.4 Revenues
4 Major customers
5 Logo
o 5.1 Audio logo
6 Samsung Medical Center
7 Olympics
8 Price cartels
o 8.1 DRAM price cartel
o 8.2 CRT glass price cartel
9 See also
10 Notes and references
11 External links
[edit]Name
According to the founder of Samsung Group, the meaning of theKoreanhanjaword Samsung()
is "tristar" or "three stars". The word "three" represents something "big, numerous and powerful"; the"stars" meaneternity.[15]
[edit]History
[edit]1938 to 1970
http://en.wikipedia.org/wiki/Samsung#Namehttp://en.wikipedia.org/wiki/Samsung#Namehttp://en.wikipedia.org/wiki/Samsung#Historyhttp://en.wikipedia.org/wiki/Samsung#Historyhttp://en.wikipedia.org/wiki/Samsung#1938_to_1970http://en.wikipedia.org/wiki/Samsung#1938_to_1970http://en.wikipedia.org/wiki/Samsung#1970_to_1990http://en.wikipedia.org/wiki/Samsung#1970_to_1990http://en.wikipedia.org/wiki/Samsung#1990_to_2000http://en.wikipedia.org/wiki/Samsung#1990_to_2000http://en.wikipedia.org/wiki/Samsung#2000_to_presenthttp://en.wikipedia.org/wiki/Samsung#2000_to_presenthttp://en.wikipedia.org/wiki/Samsung#Acquisitions_and_attempted_acquisitionshttp://en.wikipedia.org/wiki/Samsung#Acquisitions_and_attempted_acquisitionshttp://en.wikipedia.org/wiki/Samsung#Operationshttp://en.wikipedia.org/wiki/Samsung#Operationshttp://en.wikipedia.org/wiki/Samsung#Subsidiaries_and_affiliateshttp://en.wikipedia.org/wiki/Samsung#Subsidiaries_and_affiliateshttp://en.wikipedia.org/wiki/Samsung#Joint_ventureshttp://en.wikipedia.org/wiki/Samsung#Joint_ventureshttp://en.wikipedia.org/wiki/Samsung#Partially_owned_companieshttp://en.wikipedia.org/wiki/Samsung#Partially_owned_companieshttp://en.wikipedia.org/wiki/Samsung#Revenueshttp://en.wikipedia.org/wiki/Samsung#Revenueshttp://en.wikipedia.org/wiki/Samsung#Major_customershttp://en.wikipedia.org/wiki/Samsung#Major_customershttp://en.wikipedia.org/wiki/Samsung#Logohttp://en.wikipedia.org/wiki/Samsung#Logohttp://en.wikipedia.org/wiki/Samsung#Audio_logohttp://en.wikipedia.org/wiki/Samsung#Audio_logohttp://en.wikipedia.org/wiki/Samsung#Samsung_Medical_Centerhttp://en.wikipedia.org/wiki/Samsung#Samsung_Medical_Centerhttp://en.wikipedia.org/wiki/Samsung#Olympicshttp://en.wikipedia.org/wiki/Samsung#Olympicshttp://en.wikipedia.org/wiki/Samsung#Price_cartelshttp://en.wikipedia.org/wiki/Samsung#Price_cartelshttp://en.wikipedia.org/wiki/Samsung#DRAM_price_cartelhttp://en.wikipedia.org/wiki/Samsung#DRAM_price_cartelhttp://en.wikipedia.org/wiki/Samsung#CRT_glass_price_cartelhttp://en.wikipedia.org/wiki/Samsung#CRT_glass_price_cartelhttp://en.wikipedia.org/wiki/Samsung#See_alsohttp://en.wikipedia.org/wiki/Samsung#See_alsohttp://en.wikipedia.org/wiki/Samsung#Notes_and_referenceshttp://en.wikipedia.org/wiki/Samsung#Notes_and_referenceshttp://en.wikipedia.org/wiki/Samsung#External_linkshttp://en.wikipedia.org/wiki/Samsung#External_linkshttp://en.wikipedia.org/w/index.php?title=Samsung&action=edit§ion=1http://en.wikipedia.org/w/index.php?title=Samsung&action=edit§ion=1http://en.wikipedia.org/w/index.php?title=Samsung&action=edit§ion=1http://en.wikipedia.org/wiki/Korean_languagehttp://en.wikipedia.org/wiki/Korean_languagehttp://en.wikipedia.org/wiki/Hanjahttp://en.wikipedia.org/wiki/Hanjahttp://en.wikipedia.org/wiki/Hanjahttp://en.wiktionary.org/wiki/%E4%B8%89http://en.wiktionary.org/wiki/%E4%B8%89http://en.wiktionary.org/wiki/%E4%B8%89http://en.wikipedia.org/wiki/Eternityhttp://en.wikipedia.org/wiki/Eternityhttp://en.wikipedia.org/wiki/Samsung#cite_note-14http://en.wikipedia.org/wiki/Samsung#cite_note-14http://en.wikipedia.org/wiki/Samsung#cite_note-14http://en.wikipedia.org/w/index.php?title=Samsung&action=edit§ion=2http://en.wikipedia.org/w/index.php?title=Samsung&action=edit§ion=2http://en.wikipedia.org/w/index.php?title=Samsung&action=edit§ion=2http://en.wikipedia.org/w/index.php?title=Samsung&action=edit§ion=3http://en.wikipedia.org/w/index.php?title=Samsung&action=edit§ion=3http://en.wikipedia.org/w/index.php?title=Samsung&action=edit§ion=3http://en.wikipedia.org/w/index.php?title=Samsung&action=edit§ion=3http://en.wikipedia.org/w/index.php?title=Samsung&action=edit§ion=2http://en.wikipedia.org/wiki/Samsung#cite_note-14http://en.wikipedia.org/wiki/Eternityhttp://en.wiktionary.org/wiki/%E4%B8%89http://en.wiktionary.org/wiki/%E4%B8%89http://en.wikipedia.org/wiki/Hanjahttp://en.wikipedia.org/wiki/Korean_languagehttp://en.wikipedia.org/w/index.php?title=Samsung&action=edit§ion=1http://en.wikipedia.org/wiki/Samsung#External_linkshttp://en.wikipedia.org/wiki/Samsung#Notes_and_referenceshttp://en.wikipedia.org/wiki/Samsung#See_alsohttp://en.wikipedia.org/wiki/Samsung#CRT_glass_price_cartelhttp://en.wikipedia.org/wiki/Samsung#DRAM_price_cartelhttp://en.wikipedia.org/wiki/Samsung#Price_cartelshttp://en.wikipedia.org/wiki/Samsung#Olympicshttp://en.wikipedia.org/wiki/Samsung#Samsung_Medical_Centerhttp://en.wikipedia.org/wiki/Samsung#Audio_logohttp://en.wikipedia.org/wiki/Samsung#Logohttp://en.wikipedia.org/wiki/Samsung#Major_customershttp://en.wikipedia.org/wiki/Samsung#Revenueshttp://en.wikipedia.org/wiki/Samsung#Partially_owned_companieshttp://en.wikipedia.org/wiki/Samsung#Joint_ventureshttp://en.wikipedia.org/wiki/Samsung#Subsidiaries_and_affiliateshttp://en.wikipedia.org/wiki/Samsung#Operationshttp://en.wikipedia.org/wiki/Samsung#Acquisitions_and_attempted_acquisitionshttp://en.wikipedia.org/wiki/Samsung#2000_to_presenthttp://en.wikipedia.org/wiki/Samsung#1990_to_2000http://en.wikipedia.org/wiki/Samsung#1970_to_1990http://en.wikipedia.org/wiki/Samsung#1938_to_1970http://en.wikipedia.org/wiki/Samsung#Historyhttp://en.wikipedia.org/wiki/Samsung#Name7/27/2019 Samsung Overview
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The headquarters ofSamsung Sanghoein Daegu in the late-1930s
In 1938,[16]
Lee Byung-chull(19101987) of a large landowning family in theUiryeongcounty came to
the nearbyDaegucity and founded Samsung Sanghoe (), a small trading company with forty
employees located in Su-dong (now Ingyo-dong). It dealt in groceries produced in and around the city
and produced its own noodles. The company prospered and Lee moved its head office to Seoul in
1947. When theKorean Warbroke out, however, he was forced to leave Seoul and started a sugar
refinery inBusanas a name ofCheil Jedang. After the war, in 1954, Lee foundedCheil Mojikand built
the plant in Chimsan-dong, Daegu. It was the largest woolen mill ever in the country and the company
took on an aspect of a major company.
Samsung diversified into many areas and Lee sought to establish Samsung as an industry leader in a
wide range of enterprises, moving into businesses such as insurance, securities, and retail. Lee
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.
In 1948, Cho Hong-jai (the Hyosung groups founder) jointly invested in a new company called
Samsung Mulsan Gongsa (), or the Samsung Trading Corporation, with the SamsungGroup founder Lee Byung-chull. The trading firm grew to become the present-day Samsung C&T
Corporation. But after some years Cho and Lee separated due differences in management between
them. He wanted to get up to a 30% group share. After settlement, Samsung Group was separated
into Samsung Group andHyosungGroup,Hankook Tire...etc.[17][18]
In the late 1960s, Samsung Group entered into the electronics industry. It formed several electronics-
related divisions, such as Samsung Electronics Devices Co., Samsung Electro-Mechanics Co.,
Samsung Corning Co., and Samsung Semiconductor & Telecommunications Co., and made the
facility inSuwon. Its first product was a black-and-white television set.
[edit]1970 to 1990
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The SPC-1000, introduced in 1982, was Samsung's first personal computer (Korean market only) and uses an
audiocassette tapeto load and save data - thefloppy drivewas optional[19]
In 1980, Samsung acquired theGumi-based Hanguk Jeonja Tongsin and entered the
telecommunications hardware industry. Its early products were switchboards. The facility were
developed into the telephone and fax manufacturing systems and became the centre of Samsung's
mobile phone manufacturing. They have produced over 800 million mobile phones to date.[20]
The
company grouped them together under Samsung Electronics Co., Ltd. in the 1980s.
After the founder's death in 1987, Samsung Group was separated into four business groups -
Samsung Group, Shinsegae Group,CJ Groupand Hansol Group.[21]
Shinsegae (discount store,
department store) was originally part of Samsung Group, separated in the 1990s from the Samsung
Group along with CJ Group (Food/Chemicals/Entertainment/logistics) and the Hansol Group
(Paper/Telecom). Today these separated groups are independent and they are not part of or
connected to the Samsung Group.[22]One Hansol Group representative said, "Only people ignorant of
the laws governing the business world could believe something so absurd," adding, "When Hansol
separated from the Samsung Group in 1991, it severed all payment guarantees and share-holding
ties with Samsung affiliates." One Hansol Group source asserted, "Hansol, Shinsegae, and CJ have
been under independent management since their respective separations from the Samsung Group."
One Shinsegae Department Store executive director said, "Shinsegae has no payment guarantees
associated with the Samsung Group."[22]
In the 1980s, Samsung Electronics began to invest heavily in research and development, investments
that were pivotal in pushing the company to the forefront of the global electronics industry. In 1982, it
built a television assembly plant in Portugal; in 1984, a plant in New York; in 1985, a plant in Tokyo; in
1987, a facility inEngland; and another facility inAustinin 1996. In total, Samsung has invested about
$5.6 billion in the Austin location by far the largest foreign investment inTexasand one of the
largest singleforeign investmentsin theUnited States. The new investment will bring the total
Samsung investment in Austin to more than $9 billion.[23]
[edit]1990 to 2000
Samsung started to rise as an international corporation in the 1990s.Samsung's construction
branchwas awarded a contract to build one of the twoPetronas TowersinMalaysia,Taipei
101inTaiwanand theBurj KhalifainUnited Arab Emirates.[24]
In 1993,Lee Kun-heesold off ten of
Samsung Group's subsidiaries, downsized the company, and merged other operations to concentrate
on three industries: electronics, engineering, and chemicals. In 1996, the Samsung Group reacquired
theSungkyunkwan Universityfoundation.
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Samsung Overview
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Samsung became the largest producer of memory chips in the world in 1992, and is the world's
second-largest chipmaker afterIntel(seeWorldwide Top 20 Semiconductor Market Share Ranking
Year by Year).[25]In 1995, it created its firstliquid-crystal displayscreen. Ten years later, Samsung
grew to be the world's largest manufacturer of liquid-crystal display panels.Sony, which had not
invested in large-sizeTFT-LCDs, contacted Samsung to cooperate, and, in 2006,S-LCDwas
established as a joint venture between Samsung and Sony in order to provide a stable supply of LCD
panels for both manufacturers.S-LCDwas owned by Samsung (50% plus 1 share) and Sony (50%
minus 1 share) and operates its factories and facilities in Tangjung, South Korea. As on 26 December
2011 it was announced that Samsung had acquired the stake of Sony in this joint venture.[26]
Compared to other major Korean companies, Samsung survived the1997 Asian financial
crisisrelatively unharmed. However,Samsung Motorwas sold toRenaultat a significant loss. As of
2010,Renault Samsungis 80.1 percent owned byRenaultand 19.9 percent owned by Samsung.
Additionally, Samsung manufactured a range ofaircraftfrom the 1980s to 1990s. The company was
founded in 1999 as Korea Aerospace Industries (KAI), the result of merger between then three
domestic majoraerospacedivisions of Samsung Aerospace, Daewoo Heavy Industries, and Hyundai
Space and Aircraft Company. However, Samsung still manufacturesaircraft enginesandgas
turbines.[27]
[edit]2000 to present
View of the Samsung logo inside theTime Warner CenterinNew York City.
Samsung Techwin has been the sole supplier of a combustor module of theTrent 900engine of
theRolls-RoyceAirbus A380-The largest passenger airliner in the world- since 2001.[28]
Samsung
Techwin of Korea is a revenue-sharing participant in theBoeing's787 DreamlinerGEnx engine
program.[29]
Samsung Electronics overtookSonyas one of the world's most popular consumer electronics brands
in 2004 and 2005, and is now ranked #19 in the world overall.[30]In Q3 of 2011, Samsung has
overtakenAppleto become the World's Largest Smartphone maker.[31]
In 2010, Samsung announced a 10-year growth strategy centered around five businesses.[32]
One of
these businesses was to be focused onbiopharmaceuticals, to which the Company has
committed2.1 trillion.[33]
In December 2011, Samsung Electronics sold itshard disk drive(HDD) business toSeagate.[34]
In Q1 of 2012, Samsung overtook Nokia as the world's best selling cellphone brand[35]
, shipping over
93 million units[36]
. Samsung are also the current sponsors ofChelsea Football Club.[37]
[edit]Acquisitions and attempted acquisitions
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Samsung Overview
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For a company of its size Samsung has made relatively few acquisitions.[38]
Rollei Swiss watch battle
Samsung Techwinacquired a German camera-makerRolleion 1995. Samsung (Rollei) used
its optic expertise on the crystals of a new line of 100% Swiss-made watches, designed by a
team of watchmakers at Nouvelle Piquerez S.A. in Bassequort,Switzerland. Rolex's decision
to fight Rollei on every front stemmed from the close resemblance between the two names
and fears that its sales would suffer as a consequence. In the face of such a threat, the
Geneva firm decided to confront. Rolex, this was also a demonstration of the Swiss watch
industry's determination to defend itself when an established brand is threatened. Rolex sees
this front-line battle as vital for the entire Swiss watch industry. Rolex has succeeded in
keeping Rollei out of the German market. On 11 March 1995 the Cologne District court
prohibited the advertising and sale of Rollei watches on German territory.[39][40]
Fokker, a Dutch aircraft maker
Samsung lost a chance to revive its failed bid to take over Dutch aircraft maker Fokker when
other airplane makers rejected its offer to form a consortium. The three proposed partners
Hyundai, Hanjin and Daewoo have notified the South Korean government that they will not
join Samsung Aerospace Industries Ltd.[41]
AST Research
Samsung bought AST (1994) and tried to break into North America, but the effort foundered.
Samsung was forced to close the California-based computer maker following mass defection
of research staff and a string of losses.
[42]
FUBUclothing and apparel
In 1992, Daymond John had started the company with a hat collection that was made in his
house in the Queens area of New York City. To fund the company, John had to mortgage his
house for $100,000. With his friends, namely J. Alexander Martin, Carl Brown and Keith
Perrin, half of his house was turned into the first factory of FUBU, while the other half
remained as the living quarters. Along with the expansion of FUBU, Samsung, a Korean
company, invested in FUBU in 1995.[43]
Lehman Brothers Holdings Asian operations
Samsung Securities was one of a handful of brokerages looking into Lehman Brothers
Holdings. But Nomura Holdings has reportedly waved the biggest check to win its bid for
Lehman Brothers Holdings Asian operations, beating out Samsung Securities, Standard
Chartered, and Barclays.[44]
Ironically, after few months Samsung Securities Co., Ltd. andCity
of London-basedN M Rothschild & Sons(more commonly known simply as Rothschild)
have agreed to form a strategic alliance in investment banking business. Two parties will
jointly work on cross border mergers and acquisition deals.[45]
Grandis Inc. - memory developer
http://en.wikipedia.org/wiki/Samsung#cite_note-37http://en.wikipedia.org/wiki/Samsung#cite_note-37http://en.wikipedia.org/wiki/Samsung#cite_note-37http://en.wikipedia.org/wiki/Rolleihttp://en.wikipedia.org/wiki/Rolleihttp://en.wikipedia.org/wiki/Samsung_Techwinhttp://en.wikipedia.org/wiki/Samsung_Techwinhttp://en.wikipedia.org/wiki/Rolleihttp://en.wikipedia.org/wiki/Rolleihttp://en.wikipedia.org/wiki/Rolleihttp://en.wikipedia.org/wiki/Switzerlandhttp://en.wikipedia.org/wiki/Switzerlandhttp://en.wikipedia.org/wiki/Switzerlandhttp://en.wikipedia.org/wiki/Samsung#cite_note-38http://en.wikipedia.org/wiki/Samsung#cite_note-38http://en.wikipedia.org/wiki/Samsung#cite_note-38http://en.wikipedia.org/wiki/Fokkerhttp://en.wikipedia.org/wiki/Fokkerhttp://en.wikipedia.org/wiki/Samsung#cite_note-40http://en.wikipedia.org/wiki/Samsung#cite_note-40http://en.wikipedia.org/wiki/Samsung#cite_note-40http://en.wikipedia.org/wiki/AST_Researchhttp://en.wikipedia.org/wiki/AST_Researchhttp://en.wikipedia.org/wiki/Samsung#cite_note-41http://en.wikipedia.org/wiki/Samsung#cite_note-41http://en.wikipedia.org/wiki/Samsung#cite_note-41http://en.wikipedia.org/wiki/FUBUhttp://en.wikipedia.org/wiki/FUBUhttp://en.wikipedia.org/wiki/Samsung#cite_note-42http://en.wikipedia.org/wiki/Samsung#cite_note-42http://en.wikipedia.org/wiki/Samsung#cite_note-42http://en.wikipedia.org/wiki/Lehman_Brothers_Holdingshttp://en.wikipedia.org/wiki/Lehman_Brothers_Holdingshttp://en.wikipedia.org/wiki/Samsung#cite_note-43http://en.wikipedia.org/wiki/Samsung#cite_note-43http://en.wikipedia.org/wiki/Samsung#cite_note-43http://en.wikipedia.org/wiki/City_of_Londonhttp://en.wikipedia.org/wiki/City_of_Londonhttp://en.wikipedia.org/wiki/City_of_Londonhttp://en.wikipedia.org/wiki/City_of_Londonhttp://en.wikipedia.org/wiki/N_M_Rothschild_%26_Sonshttp://en.wikipedia.org/wiki/N_M_Rothschild_%26_Sonshttp://en.wikipedia.org/wiki/N_M_Rothschild_%26_Sonshttp://en.wikipedia.org/wiki/Samsung#cite_note-44http://en.wikipedia.org/wiki/Samsung#cite_note-44http://en.wikipedia.org/wiki/Samsung#cite_note-44http://en.wikipedia.org/wiki/Samsung#cite_note-44http://en.wikipedia.org/wiki/N_M_Rothschild_%26_Sonshttp://en.wikipedia.org/wiki/City_of_Londonhttp://en.wikipedia.org/wiki/City_of_Londonhttp://en.wikipedia.org/wiki/Samsung#cite_note-43http://en.wikipedia.org/wiki/Lehman_Brothers_Holdingshttp://en.wikipedia.org/wiki/Samsung#cite_note-42http://en.wikipedia.org/wiki/FUBUhttp://en.wikipedia.org/wiki/Samsung#cite_note-41http://en.wikipedia.org/wiki/AST_Researchhttp://en.wikipedia.org/wiki/Samsung#cite_note-40http://en.wikipedia.org/wiki/Fokkerhttp://en.wikipedia.org/wiki/Samsung#cite_note-38http://en.wikipedia.org/wiki/Samsung#cite_note-38http://en.wikipedia.org/wiki/Switzerlandhttp://en.wikipedia.org/wiki/Rolleihttp://en.wikipedia.org/wiki/Samsung_Techwinhttp://en.wikipedia.org/wiki/Rolleihttp://en.wikipedia.org/wiki/Samsung#cite_note-377/27/2019 Samsung Overview
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In July 2011, Samsung announced that it had acquired spin-transfer torque random access
memory (MRAM) vendor Grandis Inc.[46]Grandis will become a part of Samsung's R&D
operations and will focus on development of next generation random-access memory.[47]
Samsung andSonyjoint venture - LCD display
On December 26, 2011 the board of Samsung Electronics approved a plan to buySony's
entire stake in their 2004 joint liquid crystal display (LCD) venture for 1.08 trillion won
($938.97 million).[48]
[edit]Operations
Samsung Group headquarters atSamsung Town,Seoul
Samsung comprises around 80 companies.[49]
It is highly diversified,
with activities in areas including construction, electronics, financial
services, shipbuilding and medical services.[49]
[edit]Subsidiaries and affiliates
As of April 2011 the Samsung Group comprised 59 unlisted companies
and 19 listed companies, all of which had their primary listing on
theKorea Exchangestock-exchange.[50]
Company Symbol Company Symbol
Samsung C&T
Corporation Shilla Hotels and Resorts 008770
Samsung Securities Samsung Fine Chemicals
http://en.wikipedia.org/wiki/Samsung#cite_note-45http://en.wikipedia.org/wiki/Samsung#cite_note-45http://en.wikipedia.org/wiki/Samsung#cite_note-45http://en.wikipedia.org/wiki/Samsung#cite_note-46http://en.wikipedia.org/wiki/Samsung#cite_note-46http://en.wikipedia.org/wiki/Samsung#cite_note-46http://en.wikipedia.org/wiki/Sonyhttp://en.wikipedia.org/wiki/Sonyhttp://en.wikipedia.org/wiki/Sonyhttp://en.wikipedia.org/wiki/Sonyhttp://en.wikipedia.org/wiki/Sonyhttp://en.wikipedia.org/wiki/Sonyhttp://en.wikipedia.org/wiki/Samsung#cite_note-47http://en.wikipedia.org/wiki/Samsung#cite_note-47http://en.wikipedia.org/wiki/Samsung#cite_note-47http://en.wikipedia.org/w/index.php?title=Samsung&action=edit§ion=8http://en.wikipedia.org/w/index.php?title=Samsung&action=edit§ion=8http://en.wikipedia.org/w/index.php?title=Samsung&action=edit§ion=8http://en.wikipedia.org/wiki/Samsung_Townhttp://en.wikipedia.org/wiki/Samsung_Townhttp://en.wikipedia.org/wiki/Samsung_Townhttp://en.wikipedia.org/wiki/Seoulhttp://en.wikipedia.org/wiki/Seoulhttp://en.wikipedia.org/wiki/Seoulhttp://en.wikipedia.org/wiki/Samsung#cite_note-reut17112-48http://en.wikipedia.org/wiki/Samsung#cite_note-reut17112-48http://en.wikipedia.org/wiki/Samsung#cite_note-reut17112-48http://en.wikipedia.org/wiki/Samsung#cite_note-reut17112-48http://en.wikipedia.org/wiki/Samsung#cite_note-reut17112-48http://en.wikipedia.org/wiki/Samsung#cite_note-reut17112-48http://en.wikipedia.org/w/index.php?title=Samsung&action=edit§ion=9http://en.wikipedia.org/w/index.php?title=Samsung&action=edit§ion=9http://en.wikipedia.org/w/index.php?title=Samsung&action=edit§ion=9http://en.wikipedia.org/wiki/Korea_Exchangehttp://en.wikipedia.org/wiki/Korea_Exchangehttp://en.wikipedia.org/wiki/Korea_Exchangehttp://en.wikipedia.org/wiki/Samsung#cite_note-49http://en.wikipedia.org/wiki/Samsung#cite_note-49http://en.wikipedia.org/wiki/Samsung#cite_note-49http://en.wikipedia.org/wiki/Samsung_C%26T_Corporationhttp://en.wikipedia.org/wiki/Samsung_C%26T_Corporationhttp://en.wikipedia.org/wiki/Samsung_C%26T_Corporationhttp://en.wikipedia.org/wiki/File:Ssbld002.jpghttp://en.wikipedia.org/wiki/File:Ssbld002.jpghttp://en.wikipedia.org/wiki/File:Ssbld002.jpghttp://en.wikipedia.org/wiki/File:Ssbld002.jpghttp://en.wikipedia.org/wiki/Samsung_C%26T_Corporationhttp://en.wikipedia.org/wiki/Samsung_C%26T_Corporationhttp://en.wikipedia.org/wiki/Samsung#cite_note-49http://en.wikipedia.org/wiki/Korea_Exchangehttp://en.wikipedia.org/w/index.php?title=Samsung&action=edit§ion=9http://en.wikipedia.org/wiki/Samsung#cite_note-reut17112-48http://en.wikipedia.org/wiki/Samsung#cite_note-reut17112-48http://en.wikipedia.org/wiki/Seoulhttp://en.wikipedia.org/wiki/Samsung_Townhttp://en.wikipedia.org/w/index.php?title=Samsung&action=edit§ion=8http://en.wikipedia.org/wiki/Samsung#cite_note-47http://en.wikipedia.org/wiki/Sonyhttp://en.wikipedia.org/wiki/Sonyhttp://en.wikipedia.org/wiki/Samsung#cite_note-46http://en.wikipedia.org/wiki/Samsung#cite_note-457/27/2019 Samsung Overview
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Samsung SDI SI Corporation
Samsung Electro-
Mechanics
Samsung Fire & Marine
Insurance
Samsung Engineering Samsung Electronics 005930
Samsung Techwin Samsung Life Insurance
Cheil Industries Samsung Card
Samsung Heavy
Industries Cheil Worldwide
Imarket Korea Credu
Ace Digitech
[edit]Samsung Electro-Mechanics
Samsung Electro-Mechanics, established in 1973 as a manufacturer of
key electronic components, is headquartered inSuwon,Kyeonggi-
Do,South Korea.[citation needed]
[edit]Joint ventures
[edit]Current
Samsung Corning Precision Glass(1973 to present)
In 1973,Corningand Samsung, a rising industrial corporation in Koreaat the time, formed their first partnership, Samsung Corning, to
manufacture and market cathode ray tube (CRT) glass for black and
white televisions. The companys firstLCD glasssubstrate
manufacturing facility opened in Gumi, Korea in 1996.
Toshiba Samsung Storage Technology Corporation (2004 to
present)
Toshiba Samsung Storage Technology Corporation(TSST) is an
international joint venture company ofToshiba(Japan) and Samsung
Electronics (Korea). Toshiba owns 51% of its stock, while Samsung
http://en.wikipedia.org/wiki/Samsung_Firehttp://en.wikipedia.org/wiki/Samsung_Firehttp://en.wikipedia.org/wiki/Samsung_Firehttp://en.wikipedia.org/wiki/Samsung_Engineeringhttp://en.wikipedia.org/wiki/Samsung_Engineeringhttp://en.wikipedia.org/wiki/Samsung_Electronicshttp://en.wikipedia.org/wiki/Samsung_Electronicshttp://en.wikipedia.org/wiki/Samsung_Techwinhttp://en.wikipedia.org/wiki/Samsung_Techwinhttp://en.wikipedia.org/wiki/Samsung_Life_Insurancehttp://en.wikipedia.org/wiki/Samsung_Life_Insurancehttp://en.wikipedia.org/wiki/Cheil_Industrieshttp://en.wikipedia.org/wiki/Cheil_Industrieshttp://en.wikipedia.org/wiki/Samsung_Cardhttp://en.wikipedia.org/wiki/Samsung_Cardhttp://en.wikipedia.org/wiki/Samsung_Heavy_Industrieshttp://en.wikipedia.org/wiki/Samsung_Heavy_Industrieshttp://en.wikipedia.org/wiki/Samsung_Heavy_Industrieshttp://en.wikipedia.org/wiki/Cheil_Worldwidehttp://en.wikipedia.org/wiki/Cheil_Worldwidehttp://en.wikipedia.org/w/index.php?title=Samsung&action=edit§ion=10http://en.wikipedia.org/w/index.php?title=Samsung&action=edit§ion=10http://en.wikipedia.org/w/index.php?title=Samsung&action=edit§ion=10http://en.wikipedia.org/wiki/Suwonhttp://en.wikipedia.org/wiki/Suwonhttp://en.wikipedia.org/wiki/Suwonhttp://en.wikipedia.org/w/index.php?title=Kyeonggi-Do&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Kyeonggi-Do&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Kyeonggi-Do&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Kyeonggi-Do&action=edit&redlink=1http://en.wikipedia.org/wiki/South_Koreahttp://en.wikipedia.org/wiki/South_Koreahttp://en.wikipedia.org/wiki/South_Koreahttp://en.wikipedia.org/wiki/Wikipedia:Citation_neededhttp://en.wikipedia.org/wiki/Wikipedia:Citation_neededhttp://en.wikipedia.org/wiki/Wikipedia:Citation_neededhttp://en.wikipedia.org/w/index.php?title=Samsung&action=edit§ion=11http://en.wikipedia.org/w/index.php?title=Samsung&action=edit§ion=11http://en.wikipedia.org/w/index.php?title=Samsung&action=edit§ion=11http://en.wikipedia.org/w/index.php?title=Samsung&action=edit§ion=12http://en.wikipedia.org/w/index.php?title=Samsung&action=edit§ion=12http://en.wikipedia.org/w/index.php?title=Samsung&action=edit§ion=12http://en.wikipedia.org/wiki/Samsung_Corning_Precision_Glasshttp://en.wikipedia.org/wiki/Samsung_Corning_Precision_Glasshttp://en.wikipedia.org/wiki/Corning_Inc.http://en.wikipedia.org/wiki/Corning_Inc.http://en.wikipedia.org/wiki/Corning_Inc.http://en.wikipedia.org/w/index.php?title=LCD_glass&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=LCD_glass&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=LCD_glass&action=edit&redlink=1http://en.wikipedia.org/wiki/Toshiba_Samsung_Storage_Technology_Corporationhttp://en.wikipedia.org/wiki/Toshiba_Samsung_Storage_Technology_Corporationhttp://en.wikipedia.org/wiki/Toshibahttp://en.wikipedia.org/wiki/Toshibahttp://en.wikipedia.org/wiki/Toshibahttp://en.wikipedia.org/wiki/Toshibahttp://en.wikipedia.org/wiki/Toshiba_Samsung_Storage_Technology_Corporationhttp://en.wikipedia.org/w/index.php?title=LCD_glass&action=edit&redlink=1http://en.wikipedia.org/wiki/Corning_Inc.http://en.wikipedia.org/wiki/Samsung_Corning_Precision_Glasshttp://en.wikipedia.org/w/index.php?title=Samsung&action=edit§ion=12http://en.wikipedia.org/w/index.php?title=Samsung&action=edit§ion=11http://en.wikipedia.org/wiki/Wikipedia:Citation_neededhttp://en.wikipedia.org/wiki/South_Koreahttp://en.wikipedia.org/w/index.php?title=Kyeonggi-Do&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Kyeonggi-Do&action=edit&redlink=1http://en.wikipedia.org/wiki/Suwonhttp://en.wikipedia.org/w/index.php?title=Samsung&action=edit§ion=10http://en.wikipedia.org/wiki/Cheil_Worldwidehttp://en.wikipedia.org/wiki/Samsung_Heavy_Industrieshttp://en.wikipedia.org/wiki/Samsung_Heavy_Industrieshttp://en.wikipedia.org/wiki/Samsung_Cardhttp://en.wikipedia.org/wiki/Cheil_Industrieshttp://en.wikipedia.org/wiki/Samsung_Life_Insurancehttp://en.wikipedia.org/wiki/Samsung_Techwinhttp://en.wikipedia.org/wiki/Samsung_Electronicshttp://en.wikipedia.org/wiki/Samsung_Engineeringhttp://en.wikipedia.org/wiki/Samsung_Firehttp://en.wikipedia.org/wiki/Samsung_Fire7/27/2019 Samsung Overview
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owns the remaining 49%. The company specialises in optical disc drive
manufacturing.
SB LiMotive (2008 to present)
SB LiMotiveis a 50:50 joint company ofRobert Bosch
GmbH(commonly known as Bosch) and Samsung SDI founded in June
2008. The joint venture develops and manufactureslithium-ion
batteriesfor use in hybrid-, plug-inhybrid vehiclesand electric vehicles.
Samsung Total
Samsung Total Petrochemicalsis a joint venture between Samsung
Group and French oil groupTotal S.A.(more specifically Samsung
General Chemicals and Total Petrochemicals). Both companies own a
50% partnership in the venture.
Samsung BP Chemicals (1989 to present)
Samsung BP Chemicals is a 50:50 joint venture company ofBPand
Samsung. Samsung BP Chemicals Co., Ltd (SSBP) in 1989 with
Samsung to produce high-value-added chemical products and supply
them to related chemical industries.
SMP
SMP Ltd. is a joint venture between Samsung Fine Chemicals
andMEMC(NYSE: WFR). MEMC Electronic Materials Inc. and an
affiliate of Korean conglomerate Samsung are forming a joint venture tobuild apolysiliconplant.
Siltronic Samsung Wafer
Siltronic Samsung Wafer Pte. Ltd, the joint venture by Samsung and
wholly ownedWacker Chemiesubsidiary Siltronic, was officially
opened inSingaporein June 2008.[51]
Samsung Thales
Samsung Thales Co., Ltd. was formerly known as SamsungThomson-
CSFCo., Ltd. and changed its name in 2001. The company wasfounded in 1978 and is based in Seoul, South Korea. Samsung Thales
Co., Ltd. operates as a joint venture between Samsung Techwin Co.
Ltd. and French aerospace and defence groupThales.[52]
SD Flex
SD Flex Co., Ltd. was founded on October 2004 as a joint venture
corporation by Samsung andDuPont, one of the world's largest
chemical company.[53]
Samsung Bioepis
http://en.wikipedia.org/wiki/SB_LiMotivehttp://en.wikipedia.org/wiki/SB_LiMotivehttp://en.wikipedia.org/wiki/Robert_Bosch_GmbHhttp://en.wikipedia.org/wiki/Robert_Bosch_GmbHhttp://en.wikipedia.org/wiki/Robert_Bosch_GmbHhttp://en.wikipedia.org/wiki/Robert_Bosch_GmbHhttp://en.wikipedia.org/wiki/Lithium-ion_batterieshttp://en.wikipedia.org/wiki/Lithium-ion_batterieshttp://en.wikipedia.org/wiki/Lithium-ion_batterieshttp://en.wikipedia.org/wiki/Lithium-ion_batterieshttp://en.wikipedia.org/wiki/Hybrid_vehicleshttp://en.wikipedia.org/wiki/Hybrid_vehicleshttp://en.wikipedia.org/wiki/Hybrid_vehicleshttp://en.wikipedia.org/wiki/Samsung_Totalhttp://en.wikipedia.org/wiki/Samsung_Totalhttp://en.wikipedia.org/wiki/Total_S.A.http://en.wikipedia.org/wiki/Total_S.A.http://en.wikipedia.org/wiki/Total_S.A.http://en.wikipedia.org/wiki/BPhttp://en.wikipedia.org/wiki/BPhttp://en.wikipedia.org/wiki/BPhttp://en.wikipedia.org/wiki/MEMC_Electronic_Materialshttp://en.wikipedia.org/wiki/MEMC_Electronic_Materialshttp://en.wikipedia.org/wiki/MEMC_Electronic_Materialshttp://en.wikipedia.org/wiki/Polysiliconhttp://en.wikipedia.org/wiki/Polysiliconhttp://en.wikipedia.org/wiki/Polysiliconhttp://en.wikipedia.org/wiki/Wacker_Chemie_AGhttp://en.wikipedia.org/wiki/Wacker_Chemie_AGhttp://en.wikipedia.org/wiki/Wacker_Chemie_AGhttp://en.wikipedia.org/wiki/Singaporehttp://en.wikipedia.org/wiki/Singaporehttp://en.wikipedia.org/wiki/Singaporehttp://en.wikipedia.org/wiki/Samsung#cite_note-50http://en.wikipedia.org/wiki/Samsung#cite_note-50http://en.wikipedia.org/wiki/Samsung#cite_note-50http://en.wikipedia.org/wiki/Thomson-CSFhttp://en.wikipedia.org/wiki/Thomson-CSFhttp://en.wikipedia.org/wiki/Thomson-CSFhttp://en.wikipedia.org/wiki/Thomson-CSFhttp://en.wikipedia.org/wiki/Thaleshttp://en.wikipedia.org/wiki/Thaleshttp://en.wikipedia.org/wiki/Samsung#cite_note-51http://en.wikipedia.org/wiki/Samsung#cite_note-51http://en.wikipedia.org/wiki/Samsung#cite_note-51http://en.wikipedia.org/wiki/DuPonthttp://en.wikipedia.org/wiki/DuPonthttp://en.wikipedia.org/wiki/DuPonthttp://en.wikipedia.org/wiki/Samsung#cite_note-52http://en.wikipedia.org/wiki/Samsung#cite_note-52http://en.wikipedia.org/wiki/Samsung#cite_note-52http://en.wikipedia.org/wiki/Samsung#cite_note-52http://en.wikipedia.org/wiki/DuPonthttp://en.wikipedia.org/wiki/Samsung#cite_note-51http://en.wikipedia.org/wiki/Thaleshttp://en.wikipedia.org/wiki/Thomson-CSFhttp://en.wikipedia.org/wiki/Thomson-CSFhttp://en.wikipedia.org/wiki/Samsung#cite_note-50http://en.wikipedia.org/wiki/Singaporehttp://en.wikipedia.org/wiki/Wacker_Chemie_AGhttp://en.wikipedia.org/wiki/Polysiliconhttp://en.wikipedia.org/wiki/MEMC_Electronic_Materialshttp://en.wikipedia.org/wiki/BPhttp://en.wikipedia.org/wiki/Total_S.A.http://en.wikipedia.org/wiki/Samsung_Totalhttp://en.wikipedia.org/wiki/Hybrid_vehicleshttp://en.wikipedia.org/wiki/Lithium-ion_batterieshttp://en.wikipedia.org/wiki/Lithium-ion_batterieshttp://en.wikipedia.org/wiki/Robert_Bosch_GmbHhttp://en.wikipedia.org/wiki/Robert_Bosch_GmbHhttp://en.wikipedia.org/wiki/SB_LiMotive7/27/2019 Samsung Overview
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Samsung set up a joint bio-similar venture with USBiogen
Idec(NASDAQ:BIIB). The joint venture, named Samsung Bioepis, was
set up by Samsung Biologics with an 85% stake and Biogen Idec with
the remaining 15% stake.[54]
Samsung Biologics
Samsung Electronics Co. and Samsung Everland Inc. will each own a
40 percent stake in the venture, with Samsung C&T Corp. and Durham,
North Carolina-basedQuintileseach holding 10 percent. It will contract-
make medicines made from living cells, and Samsung Group plans to
expand into producing copies of biologics includingRituxan,
theleukemiaandlymphomatreatment sold byRoche Holding
AGandBiogen IdecInc.[55]
Siam Samsung Life Insurance
Samsung Life Insurance, holds a 37% stake while Saha Group also
has a 37.5% stake in the joint venture, with the remaining 25% owned
by Thanachart Bank.[56]
Samsung Air China Life Insurance
Samsung Air China Life Insurance Co., Ltd. is a 50-50 joint venture
betweenChina National Aviation Corporation(Simplified Chinese:
), and Samsung Life Insurance Co, was set up in Beijing, July,
2005.[57]
Samsung Sumitomo LED Materials
Samsung Sumitomo LED Materials is a Korea-based joint venture
between Samsung LED Co., Ltd., an LED maker based in Suwon,
Korea-based and the Japan-basedSumitomo ChemicalCo., Ltd. The
JV will carry out research and development, manufacturing, and sales
of sapphire substrates for LEDs.[58]
aT Grain
State-run Korea Agro-Fisheries Trade Corp. set up the venture, aT
Grain Co., inChicago, with three other South Korean companies,
Korea Agro-Fisheries owns 55 percent of aT Grain, while Samsung
C&T Corp,HanjinTransportation Co. andSTX Corporation. each hold
15 percent.[59]
Sermatech Korea (1999 to present)
Sermatech owns 51% of its stock, while Samsung owns the remaining
49%. The U.S. firm Sermatech International, for a business focusing on
highly specialized aircraft construction processes such as special
welding and brazing.[60]
Stemco (1995 to present)
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A JV between Japan'sToray Industriesand Korea's Samsung Electro-
Mechanics.[61]
Steco (1995 to present)
Steco Co., Ltd. is established as the joint - venture company with
Samsung Electronics Co., Ltd and Japan TORAY in 1995.[62]
Brooks Automation Asia (1999 to present)
Brooks Automation Asia Co., Ltd. is a joint venture betweenBrooks
Automation(70%) and Samsung (30%). The business purpose of the
Brooks-Samsung Joint Venture is to locally manufacture and configure
vacuum wafer handling platforms and 300mm Front-Opening Unified
Pod (FOUP) load port modules, and also design, manufacture and
configure atmospheric loading systems for f lat panel displays.[63]
POSCO-SAMSUNG Slovakia Steel Processing Center
Co.Ltd.(Slovakia)
Company POSS - SLPC s.r.o. was founded in 2007 as a subsidiary of
Samsung C & T Corporation, Samsung C & T Deutschland and the
companyPOSCO.[64]
POSCO SAMSUNG Suzhou Steel Processing Center
CO.,Ltd.(China)[65]
[edit]Defunct
Alpha Processor(1998 to ?)
In 1998, Samsung created a U.S. joint venture withCompaq--called
Alpha Processor Inc. (API)--to help it enter the high-end processor
market. The venture was also aimed at expanding Samsung's non-
memory chip business. At the time, Samsung and Compaq invested
$500 million in Alpha Processor.[66]
ChemCross.com (2000 to ?)
It formed Global Steel Exchange, a joint venture withCargillof the U.S.,
Samsung, Switzerland's Duferco Group, and Luxembourg's
Tradearbed(now part of theArcelorMittalGroup), to handle online
buying and selling of steel.[67]
GE-Samsung Lighting (1998 to 2009)
GE Samsung Lighting, a joint venture with GE Lighting established in
1998. Four years ago, the tug-of-war betweenConnecticut-
basedGeneral ElectricCompany and Samsung ended in a split that
ceased a 10-year-old joint operation.[68]
S-LCD (2004 to 2011)
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S-LCD Corporationwas a joint venture between the South Korean
Samsung Electronics Co. Ltd (50% plus one share) and
JapaneseSony Corporation(50% minus one share) established in April
2004. On December 26, 2011, Samsung Electronics announced that it
will acquire all of Sony's shares.
[edit]Partially owned companies
Atlantico Sul
Samsung Heavy Industries currently owns 10 percent of the Brazilian
shipbuilder Atlantico Sul, which operates the largest shipyard in South
America. Joao Candido, the largest ship built to date in Brazil, was built
by Atlantico Sul with technology supplied by Samsung Heavy
Industries.[69]
DGB Financial Group
Samsung Life Insurance currently holds a 7.4% stake in the South
Korean banking companyDGB Financial Group, making it the largest
shareholder.[70]
Doosan Engine
Samsung Heavy Industries currently holds a 14.1 percent stake
inDoosan Engine, making it the second-biggest shareholder.[71]
Korea Aerospace Industries
Samsung Techwincurrently holds a 10 percent stake inKoreaAerospace Industries(KAI). Other major shareholders include the
state-owned Korea Finance Corporation (26.75 percent),Hyundai
Motor(10 percent) andDoosan(10 percent).[72]
MEMC KOREA
MEMC's joint venture with Samsung Electronics Company, Ltd. In
1990, MEMC entered into a joint venture agreement to construct
asiliconplant in Korea.[73]
Rambus Incorporated
Samsung currently owns 4.19 percent ofRambus Incorporated.[74]
Renault Samsung Motors
Samsung currently owns 19.9 percent of the automobile
manufacturerRenault Samsung Motors.
Seagate Technology
Samsung currently owns 9.6 percent ofSeagate Technology, making it
the second-largest shareholder. Under a shareholder agreement,
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Samsung has the right to nominate an executive to Seagates Board of
Directors.[75]
SungJin Geotec
Samsung Engineering holds a 10 percent stake in Sungjin Geotec, an
offshore oil drilling company that is a subsidiary ofPOSCO.[76]
Taylor Energy
Taylor Energyis an independent American oil company that drills in
theGulf of Mexicobased inNew Orleans, Louisiana.[77]
Samsung Oil &
Gas USA Corp., subsidiaries of Samsung, currently owns 20% of
Taylor Energy.
[edit]Revenues
In FY 2009, Samsung Group reported consolidated revenues of 220
trillionKRW($172.5 billion). In FY 2010, Samsung reported
consolidated revenues of 280 trillion KRW ($258 billion), and profits of
30 trillion KRW ($27.6 billion) (based upon a KRW-USD exchange rate
of 1,084.5 KRW per USD, the spot rate as of 19 August
2011).[78]However it should be noted that these amounts do not include
the revenues of all subsidiaries of the group which are based outside
South Korea.[79]
[edit]Major customers
The world's largest oil and gas project, Sakhalin II- Lunskoye platform under
construction. The topside facilities of the LUN-A (Lunskoye) and PA-B (Piltun
Astokhskoye) platforms are being built at the Samsung Heavy Industry shipyard
in South Korea.[80]
Major customers of Samsung include:
Royal Dutch Shell
Samsung Heavy Industries will be the sole provider of liquefied natural gas (LNG) storage
facilities worth up to US$50 billion toRoyal Dutch Shellfor the next 15 years.[81][82]
Shell has unveiled plans to build the world's first floating liquefied natural gas (FLNG)
platform. At Samsung Heavy Industries' shipyard on Geoje Island in South Korea, work is
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