Preview

Samsung Mobile Marketing Strategy in India

Better Essays
Open Document
Open Document
3045 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Samsung Mobile Marketing Strategy in India
INTRODUCTION
The case is about the Samsung Electronics Co. The Samsung Group is a multinational conglomerate corporation headquartered in Samsung Town, Seoul, South Korea. It is the world's largest conglomerate by revenue with annual revenue of US$173.4 billion in 2008 and is South Korea's largest chaebol. The meaning of the Korean word Samsung is "Tri-Star" or "three stars".
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. in 1980s. SAMSUNG’s aim is to develop innovative technologies and efficient processes that create new markets, enrich people’s lives and continue to make Samsung a trusted market leader.
Today, Samsung Electronics global presence includes a total of 111 subsidiaries in the form of production subsidiaries, sales subsidiaries, distribution subsidiaries, research laboratories and eight overseas business divisions representing North America, Europe, China, Southeast Asia, Southwest Asia, Central and South America, CIS, the Middle East and Africa.
The Samsung Electronics Co. invited us as a consultant to design strategy for its company. Our team will be responsible for making a report on the company that will contain a detailed analysis of the company and then formulating strategy for Samsung. The case was presented in front of us that describe the current situation of the company. We will try to fully analyze the situation and prepare a detailed report on it.
HISTORY OF THE CASE:
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.
Samsung won five awards in the Industrial Design Excellence Awards (IDEA) making it the first Asian company to win more awards than any European or

You May Also Find These Documents Helpful

  • Satisfactory Essays

    MGMT 491

    • 571 Words
    • 2 Pages

    “Samsung entered the electronics industry in the 1960 's with the development of numerous electronics divisions. The initial electronics divisions included Samsung Electronics Devices, Samsung Electro-Mechanics, Samsung Corning, and Samsung Semiconductor & Telecommunications. Samsung built their initial facilities in Suwon, South Korea, where they started producing black and white television sets. Samsung expanded into even more fields in the 1970s, including petrochemicals. It also started making washing machines, refrigerators, and microwaves. Samsung also began production of black and white televisions for domestic sales.…

    • 571 Words
    • 2 Pages
    Satisfactory 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
  • Satisfactory Essays

    Samsung Electronics

    • 838 Words
    • 4 Pages

    The Samsung Electronics Company was the largest conglomerate in South Korea. The total net sales of the Samsung Group were $135 billion in 2004. It has 337 overseas operations in 58 countries. Electronic, finance, and trade and services were the three core sectors within the Samsung Group. Semiconductor products were classified into two different categories of chips, which are memory and logic.…

    • 838 Words
    • 4 Pages
    Satisfactory 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 is the largest part of Samsung where its employees 370,000 people in more than 80 countries and contributes 17% South Korean GDP. In fact Samsung itself involves in many business activities worldwide such as property Development, Contractions, Heavy Industries, textiles, hotels, apartment and insurances.…

    • 373 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Samsung History

    • 5110 Words
    • 21 Pages

    On March 1, 1938, founding chairman Byung-Chull Lee started a business in Taegu, Korea with 30,000 won. At first, Mr. Lee's little business was primarily in trade export, selling dried Korean fish, vegetables, and fruit to Manchuria and Beijing. But in just over a decade, SAMSUNG - meaning literally "three stars" in Korean - would have its own flour mills and confectionery machines, its own manufacturing and sales operations, and ultimately become the roots of the modern global corporation that still bears the same name today.…

    • 5110 Words
    • 21 Pages
    Powerful Essays
  • Best Essays

    Samsung Electronics Co. Ltd. (SEC) being one of its core businesses. SEC is mainly engaged in…

    • 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
  • Good Essays

    Samsung Swot Analysis.

    • 977 Words
    • 4 Pages

    Samsung Group is a South Korean multinational conglomerate company headquartered in Samsung Town, Seoul. It comprises numerous subsidiaries and affiliated businesses, most of them united under the Samsung brand, and is the largest South Korean chaebol.…

    • 977 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Samsung was founded by Byung-Chull Lee in 1938 when Byung-Chull Lee came to the nearby Daegu city. It was a small trading company with 40 employees. The word of Samsung means ‘three stars’ in Korea which represents big, numerous and powerful. Byung-Chull Lee established a sugar factory in South Korea in 1953. In his opinion, this act is important because this is the first manufacturer factory built after the Korean War. In 1960s, Samsung moved into various service businesses. Examples of the service businesses are insurance, broadcasting, securities and even a department store. In the late of 1960s, Lee was charges with an illegal sale. Nevertheless, one of Lee’s son was arrested and Lee forced to donate a fertilizer plant to the government to win his release. After Lee’s son was arrested, he decided to break into mass communication industry by launching radio and television station, as well as by manufacturing televisions and electronic components through the Samsung Electronics division. Samsung Electronics was established in Taegu, Korea in 1969. It was the chief subsidiary of South Korea Samsung group. And it also was the largest electronic producer in Asia. Four main divisions in Samsung Electronics, there are Digital Media, Semiconductors, Information & Communication, and Home Appliances. The first product of Samsung Electronics was a small and simple black-and-white television that began selling at early 1970s. From this product, Samsung Electronics developed a different line of consumer electronics that is first sold domestically, and later began exporting. Samsung Semiconductor and Telecommunications Co. was formed in 1978 to make up lack of technology expertise in South Korea. Utilizing its newly acquired knowledge, Samsung became the first Korean manufacturer of low-cost, relatively low-tech, 64-kilobit dynamic random access memory (DRAM) chips. The success of Samsung as a technology provider continues to grow when Samsung Electronics and was merged with…

    • 512 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Samsung Case Analysis

    • 5671 Words
    • 23 Pages

    Samsung Electronics is a South Korean multinational electronics and information technology company. It is the chief subsidiary of the Samsung Group that was established in 1969, and its headquarters is located in Samsung Town, Seoul. Samsung Electronics is one of the largest electronics producers in Asia, and its product line includes semiconductors, televisions, telecommunication equipment, computers and many other kinds of home appliances. The Samsung Electronics unit was created to get into the prosperous television and consumer electronics industry. Its first product was a small simple black-and-white television which was sold in the early 1970 's. The division developed a diverse line of consumer electronics, and while in its beginning products was only sold domestically; exporting goods began a few years later. It took the company savvy management and huge investments in research and development, but Samsung Electronics expanded their products to creating color televisions and a variety of other consumer electronics and appliances. The company manufactured, shipped and sold a broad range of these appliances and electronic products worldwide by the 1980 's.…

    • 5671 Words
    • 23 Pages
    Good Essays
  • Best Essays

    Samsung is spread over more than 46 countries and acts as a truly global company. Globalization allowed Samsung to earn more benefits from its new cultures and innovative ideas. Starting with the TV’s and small electronic goods, Samsung developed a wide range of their products like the digital appliances, digital Medias, semiconductors, telecommunication networks and the LCD’s. The company is a helpful neighbor, good employer and contributes a large to the local economy. Samsung is forming alliances with the leading companies to share its vision, experience and knowledge.…

    • 2236 Words
    • 9 Pages
    Best Essays
  • Good Essays

    Samsung Electronics operates in one of the most competitive markets of the world. Samsung traditionally had a conservative image that focused on low-price products for the lower end of the market. With low prices it was able to compete in the lower-market whereas in the upper market it had lesser penetration. To penetrate the upper-market Samsung had to focus on innovation and perceiving a higher brand value and gave up their lower-market position. The following is the ST analysis of Samsung products:…

    • 601 Words
    • 3 Pages
    Good Essays
  • Good Essays

    samsung

    • 1646 Words
    • 7 Pages

    Electronics is the largest subsidiary subsidiary, was founded in 1969, is now the world's second largest mobile phone maker, global revenue's biggest electronics firms, in 2011 the global market value of $150000000000. South Korea's Samsung Electronics Company officially entered the China market is in 1992 after the establishment of diplomatic relations between China and South korea. In 1992 August, the Samsung Electronics Co Ltd to invest and build factories in Huizhou Chinese. After 10 years, Samsung has continuously increased in China investment and cooperation, has become one of the biggest investment in Chinese Han Zi enterprises. In 2003, Samsung Electronics in Chinese sales exceeded $10000000000, into the Chinese first-class enterprise level. In 2003, Samsung brand value of $10850000000, ranked 25 in the world, was named business week as the fastest-growing high-tech products in the world.…

    • 1646 Words
    • 7 Pages
    Good Essays