Samsung Electronics

Economia e finanças Negócios

this ppt contain the company profile, kinds of industries , achivements and financial highlights of the company

HEADQUARTERS Samsung Town, Seoul, South Korea.

GLOBAL FORTUNE 500 RANK 1 38 MARCHING TOWARDS #1

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Understanding Tomorrow’s Markets And Consumers!

Arriving First With Speed And Efficiency!

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13.7% Global laser and multifunction printer market share

Creative innovation and progressive entrepreneurship are the strategies that will keep us at the forefront of the global electronics industry. And with each passing day, they bring us a step closer to our vision of becoming one of the world’s most trusted and respected companies.

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-:a I Samsung $uccess?Electronics: Burned by WITH $176 BILLI0N in revenues in 2017, Samsung Electronics is the crown jewel of Samsung Group, with its mobile division contributing some 7 5 percent of the conglomerate's overall profits. The Samsung Group is one of the biggest conglomerates globally. In comparison, the U.S. conglomerate General Electric had some $ 150 billion in revenues, while the Tata group of India registered $I04 billion in the same year. Indeed, Sam- sung is the largest chaebol in South Korea, making up one-third of the entire stock market domestically, and it is the country's biggest exporter. Chaebols are family- owned multinational companies typical of South Korea, whose economy is dominated by a small number of chaebols (including LG, Hyundai, Kia Motors, SK Group, and others). As impressive as the achievements of the largest chaebol rn South Korea may sound, Samsung Elec- tronics is facing a host of challenges, creating a per- fect storm that calls into question Samsung's future viability. In recent years, the Korean conglomerate has been beset with crises, including: . Leadership. Lee Kun-hee, Samsung's iconic chairman and long-time leader, remains incap acr' tated after a heart attack tn 2014. This situation is creating a leadership vacuum. o Product recall. In 2016, Samsung's flagship phone, the Galaxy Note 7, was withdrawn from the market after some of the new phones spontane- ously exploded and caught on fire. . Political scandal. In20I7,LeeJae-yong, the de-facto leader of Samsung (and son of Lee Kun-hee), was arrested and charged with bribery, embezzlement, and pedury in the wake of the scandal surrounding former South Korean President Park Geun-hye. Before taking a closer look at the current challenges, we need first to understand a bit of Sam- sung's storied history and its role in the South Korean economy. An exploded Samsung Galaxy Note 7. OAP lmages/Shawn L. Minter ffi. ffi?fufim ffiwg$ffiffi$ffiffiffi In 1938, when the Western world was still recover- ing from the Great Depression and World War II was about to break out, Lee Byung-chul started a small trading company in Korea (at that time still under Japanese occupation). He named the trading company Samsung, which means three stars in Korean, symbol- rzing big, powerful, and numerous. Samsung started with just 40 employees and sold noodles and dried sea- food. It has since diversified into various industries, including electronics, chemicals, pharmaceuticals, shipbuilding, financial services, and construction. As a result, Samsung today is a widely diversified conglomerate with over 80 standalone subsidiaries. The sprawling chaebol has 490,000 employees more than Apple, Google, and Microsoft combined. Not surpris- ingly, the huge enterprise exerts a powerful influence Frank T. Rothaermel prepared this MiniCase from public sources. He gratefully acknowledges research assistance by Rahul Singh. This MiniCase is developed for the purpose ...

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The Apple brand and logo are currently more recognized around the Western world, and in London and New York, you cannot walk down the street without seeing a sea of white headphones and people playing with their iPhones. The Brand Finance Global 500 2013 puts Apple and Samsung right at the very top of the best brands in the world, ahead of Coca-Cola and Google. Samsung smartphones are broadly comparable, feature-for-feature, with competitors like HTC, Sony, LG and now Nokia, so why has it become so dominant? A big part of the answer lies in its sheer marketing muscle – Samsung spends a bigger chunk of its annual revenue on advertising and promotion than any other of the world's top-20 companies by sales – 5.4%, according to Thomson Reuters data. Apple spends just 0.6%, and General Motors 3.5%. Adverts mocking Apple fans, and heavy investment in product placement and in distribution channels have strengthened its Galaxy mobile brand. Samsung now sells one in every three smartphones and has more than double Apple’s market share. Moon Ji-hun, head of brand consultant Interbrand's Korean operation, adds: “When your brand doesn't have a clear identity, as is the case with Samsung, to keep spending is probably the best strategy. But maintaining marketing spend at that level in the longer term wouldn't bring much more benefit. No one can beat Samsung in terms of ad presence, and I doubt whether keeping investing at this level is effective.” Apple may sit in top position now, but has lost its mojo over the last couple of years through lackluster product releases and perceived lack of innovation. Samsung is catching up and is already no. 2. The Samsung brand can be improved and it isn’t loved by some like Apple, but I am impressed with the leadership team for seizing the opportunity to leapfrog all its other competitors, through investment and execution with conviction.

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