Preview

Samsung Case Study

Good Essays
Open Document
Open Document
2010 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Samsung Case Study
Samsung 1. Introduction:
Samsung Group is a South Korean multinational conglomerate headquartered in Samsung Town, Seoul. It comprises numerous subsidiaries and affiliatedbusinesses, most of them united under the Samsung brand, and is the largest South Korean company.
Samsung Group 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. and many more.
The group based on similar interest chose Samsung Electronics to analyze as brand of choice.
Samsung Electronics was founded in 1969 in Suwon, South Korea as Samsung Electric Industries, originally manufacturing electronic appliances such as TVs, calculators, refrigerators, air conditioners and washers. Nowadays, Samsung products can also be found in Mobile phones, computer devices, cameras/camcorders and other home appliances.
3.1 Competition
As Samsung manufactures nearly every electrical device available in the market, it faces stiff competition from many other electrical manufacturers such as Panasonic, Toshiba, LG Electronics, Hitachi etc., for home appliances and Apple, Nokia, Sony Ericsson etc., for personal devices. However, in the Asia region, Samsung has a distinctive brand value which consumers and retailers recognize, keeping the company amongst the top electronic companies around the world.
3.1.1 Major competitor
Samsung’s biggest current competition in hand phone department is Apple. The two giants has been involved in many lawsuits since Samsung launched its’ Galaxy series. It has an identical user-interface to the Apple Iphone as well as similar functions, such as a fully functional touch screen and many programs or “Apps”. While Apple users can download from iTunes, Samsung users download from Google-Play, right on their mobile phones. Apple has also sued Samsung over Galaxy Tab, which

You May Also Find These Documents Helpful

  • Good Essays

    under, and consolidated by branding all of the company’s products as Samsung. Ten years later,…

    • 1043 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Marketing Principle

    • 3010 Words
    • 13 Pages

    Samsung Group is a Korean company for electronic products in different areas and some component business. Samsung Group started as a small-scale export business in Korea in 1938. It focuses on transporting vegetables and other food to China and expanded into a larger company as time changes. In the period of 1970 to 1979, the strategy of this company changed. The set up Samsung Shipbuilding and Samsung Precision Company, they also start to do the household appliances. The most important thing is they purchased 50% of semiconductor in Korea, this change helped them became a leader at electronic and semiconductor industry. Following the next 10 years, Samsung Group entered the global market. Overtime, Samsung Group keeps researching and innovating technology, and developed the digital frontier for television and smartphone. In the 21st century, they led digital age to a huge change. (Samsung.com)…

    • 3010 Words
    • 13 Pages
    Powerful Essays
  • Better Essays

    Samsung is a South Korean company that was founded in 1938 and even though we know them mostly because of their advancements in technology, which is not where they started. During their early days they started in food processing, insurance, textiles, and many other ventures. It wasn’t until the late 1960’s that they finally started to deal with the electronic industry. When you now hear the name “Samsung” you think of electronics. Samsung has their hand in many things when we look at innovation and technology. They are currently involved in computer, smart phones, TV’s, computer chips, and many other new technologies. Over the last several years, Samsung has evolved into one of the top cell phone makers. They have even begun to threaten the top notch cell phone company, Apple. This competition leads us to take a look at the two companies.…

    • 4413 Words
    • 19 Pages
    Better Essays
  • Good Essays

    Samsung Electronics started with a small key components for certain product in that industry such as microprocessor and memory chips. Once the company knows how the industry works, the company will involves and competing in that industry by investing huge capital expenditure.…

    • 373 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    In the 1980 it acquired Korea Telecommunications Corp, which was renamed Samsung Semiconductor & Telecommunications Co. in 1982. 1982.  Manufacturing bases a presence in around 47 countries, and approximately 64,000 employees.  Samsung India commenced its operations in December 1995  Current Market Share is 30.5% after LG.  MARKET SHARE OF SAMSUNG IN CONSUMER ELECTRONICS SAMSUNG ELECTRONICS (Ctd«)…

    • 896 Words
    • 4 Pages
    Satisfactory Essays
  • Best Essays

    Samsung Electronics Co. Ltd. is part of Samsung group which started way back in 1938 when…

    • 1837 Words
    • 13 Pages
    Best Essays
  • Satisfactory Essays

    Galaxy S4 Case Study

    • 311 Words
    • 2 Pages

    Samsung is a South Korean headquartered multinational company whose origins can be traced to 1969. Samsung Group has a diverse business portfolio which covers both consumer and business to business products. Samsung Electronics is its key subsidiary which is the world’s largest manufacturer of smartphones and televisions. The company became the world’s biggest manufacturer of smartphones in 2012 when it outsold Apple in the first quarter of the year selling more than 45 million smartphones. Whilst the company has focused on product innovation as its strategic thrust, it has also has a wide variety of smartphones than Apple. Whilst Apple launches one iPhone model per year, Samsung introduces more than 50 variations of Galaxy smartphones per year which explains its rapid growth in market share in the last three years.…

    • 311 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Samsung Case Study

    • 2020 Words
    • 9 Pages

    Samsung Electronics Company, henceforth called “Samsung” in this case, was established in 1969 to manufacture black-and-white TV sets. In 1974, Samsung, which was a producer of low-end consumer electronics, purchased Korea Semiconductor Company and began its semiconductor industry. Under the leadership of the chairman of Samsung Group, Kun He Lee, Samsung has risen, with a remarkable speed, to become the world’s leading memory producer, ranking 2nd just behind Intel. Meanwhile, Samsung used the earnings from memory division to invest in various technology products like mobile phones, liquid crystal displays and so on. These businesses made Samsung generate the second-largest net profit of any electronic company outside the US.…

    • 2020 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Samsung Case Study

    • 1859 Words
    • 8 Pages

    This case study analysis is on Samsung Electronics Company (SEC) and how it has climbed up the ranks in the past decade via calculated marketing strategies, extensive market research and analysis, and a risky bet on how the market will evolve. Samsung’s principle outlook took time and education from within and thereafter the general market.…

    • 1859 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Samsung Electronics Co Ltd was founded in 1938 Seoul, Korea. The company has been around for decades, providing the world with “electronic products & device solutions”[9]. Not only do they build devices, over 80 different businesses exist under the Samsung name. Their workforce consists of more than 370,000 employees to this day. This is more than all of its top competitors combined.…

    • 1427 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Samsung Group of Companies, the parent company of Samsung Electronics, was founded in 1938 by Lee Byung-Chuil. It is now the world’s largest conglomerate, second largest shipbuilder, a major global construction company and the largest insurance company in South Korea.…

    • 1273 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    History of Samsung

    • 551 Words
    • 3 Pages

    Samsung means “three stars” in Korean. Lee Byung-Chull founded Samsung in 1938. It started as a small trading company with forty employees, located in Seoul. The company did fairly well until the Communist invasion in 1950 which caused great damage to his inventories. He was force to leave and start over in Suwon in 1951. In just a year, the company’s assets had grown twenty-fold. In 1953, Lee created a sugar refinery—the South Korea’s first manufacturing facility after the Korean War. “The company prospered under Lee’s philosophy of making Samsung the leader in each industry he entered” (Samsung Electronics). The company started moving into service businesses such as insurance, securities, and department store. In the early 1970s, Lee borrowed money from foreign companies to begin the mass communication industry by launching a radio and television station (Samsung Electronics).…

    • 551 Words
    • 3 Pages
    Good Essays
  • Good Essays

    From its inception as a small export business in Taegu, Korea, Samsung has grown to become one of the world’s leading electronics companies, specializing in digital appliances and media, semiconductors, memory, and system integration. Today Samsung’s innovative and top quality products and processes are world recognized. Samsung is part of the fabric of our lives. As a global leader Samsung are at the forefront of change, anticipating today what its customers around the world will want tomorrow.…

    • 547 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Samsung Electronics Company (SEC) was founded in 1969, as a low-cost manufacturer of black and white televisions. Throughout the 1980s, SEC supplied massive quantities such as televisions, VCRs, and microwaves ovens. The company sold their product to original equipment manufacturers (OEMs) that later on will be resold under their big brand name in the industry.…

    • 601 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Samsung s Background

    • 576 Words
    • 3 Pages

    Samsung has become one of the world’s leading electronics companies. Today Samsung is known for specializing in digital appliances and media. Its innovation and top quality products are highly recognized around the globe.…

    • 576 Words
    • 3 Pages
    Good Essays