Samsung Electronics

5279 WordsMar 18, 201422 Pages
Samsung Electronics From Wikipedia, the free encyclopedia Samsung Electronics Co., Ltd 삼성전자 三星電子 Type Public Traded as KRX: 005930, KRX:005935, LSE: SMSN,LSE: SMSD Industry Consumer electronics Telecoms equipment Semiconductors Home appliances Founded 1969 (Samsung Electric Industries) 1988 (Samsung Electronics) Headquarters Suwon, Gyeonggi Province,South Korea Area served Worldwide Key people Lee Kun-hee (Chairman) Lee Jae-yong (Vice chairman) Kwon Oh-hyun (Vice chairman and CEO) JK Shin (President) BK Yoon (President and CEO) Products See products listing Revenue ₩201.103 trillion (2012)[1] Operating income US$18.8634614 billion(2012)[1] Profit ₩23.845 trillion (2012)[1] Total assets…show more content…
One such sponsorship was for the 1998 Winter Olympics held in Nagano, Japan.[17] As a chaebol, Samsung Group wielded wealth that allowed the company to invest and develop new technology rather than build products at a level which would not have a detrimental impact on Samsung's finances.[18] Samsung had a number of technological breakthroughs particularly in the field of memory which are commonplace in most electrical products today. This includes the world's first 64Mb DRAM in 1992, 256 Mb DRAM in 1994, 1Gb DRAM in 1996.[19] In 2004, Samsung developed the world's first 8Gb NAND Memory chip and a manufacturing deal was struck with Apple in 2005. A deal to supply Apple for memory chips was sealed in 2005 and, as of October 2013, Samsung remains a key supplier of Apple components, manufacturing the A7 processors that are inside the iPhone 5s model.[20][21] 2008 to present: Consumer products[edit] The Samsung wordmark as it appears on many Samsung products The Samsung display at the 2008 Internationale Funkausstellung in Berlin For four consecutive years, from 2000 to 2003, Samsung posted net earnings higher than five-percent; this was at a time when 16 out of the 30 top South Korean companies ceased operating in the wake of the unprecedented
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