Samsung’s Background. 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. Notable Samsung industrial subsidiaries include Samsung Electronics (the world’s largest information technology company measured by 2011 revenues)‚ Samsung Heavy Industries (the world’s second-largest shipbuilder measured by
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Marketing Excellence >>Samsung Korean consumer electronics giant Samsung has made a remarkable transformation‚ from a provider of valuepriced commodity products that original equipment manufacturers (OEMs) sold under their own brands‚ to a global marketer of premium-priced Samsung-branded consumer electronics such as flat-screen TVs‚ digital cameras‚ digital appliances‚ semiconductors‚ and cell phones. Samsung’s high-end cell phones have been a growth engine for the company‚ which has also released
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SWOT analysis of Samsung This is a Samsung Electronics SWOT analysis for 2013. For more information on how to do SWOT analysis please refer to our article. Company background Name | Samsung Electronics Co.‚ Ltd. | Industries served | Consumer electronics‚ Telecoms Equipment‚ Semiconductors‚ Home Appliances | Geographic areas served | Worldwide | Headquarters | South Korea | Current CEO | Kwon Oh Hyun | Revenue | ₩ 201.103 trillion (2012) | Profit | ₩ 23.845 trillion (2012) | Employees
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►Samsung • Assessing the opportunity and the Situation - Understanding the situation ►What was Samsung’s financial situation like? Samsung was experiencing a steep financial setback ►Who was responsible for Samsung’s situation? China was able to put cheaper products on the market ►Describe Samsung’s ‘cost-driven competitive strategy’ until the mid-1990: Samsung produced technical components for firms with better-known brands Samsung sold me-too consumer products ►What did Samsung need to
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I. Positioning Statement Samsung embodies style and technology for the young professional‚ with its cutting edge design and superior connectivity features. Samsung’s positioning statement is one that asserts its differentiation vis-à-vis other mobile phone providers. In the local market where myriad choices abound‚ Samsung’s sleek exterior design‚ accompanied by its selection of soft and hard features‚ render it an optimal purchase for the young‚ technologically updated professional. II. SWOT
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INTRODUCTION For Samsung Electronics‚ 2003 was a watershed year. It successfully positioned itself as one of the world’s best mobile phone manufacturers and its products were featured all over the media. Many were calling its mobile phones as “the best gift for Christmas or the Mercedes of mobile phones. Samsung’s achievements were particularly remarkable
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discuss the core marketing concepts that Samsung has adopted to shift its competitive edge. ✓ Need‚ Wants‚ and Demands Samsung always try to develop products that fit their customers’ lifestyle by studying their tastes. Samsung focus finding out what’s likely to sell before consumers even know they want it. ✓ Target Market‚ Positioning‚ and Segmentation Samsung focus on design‚ as they want to be the Marcedes of home electronics. Samsung concentrate less on cost saving and more
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651 Mar 28‚ 2012 Samsung SWOT Analysis Case #7 1. What are some of Samsung’s greatest competitive strengths? Samsung’s greatest competitive strengths are its innovation‚ and ability to produce a product at a fast pace. Samsung allocates a large portion of company spending to research and development in order to stay ahead of the game. Samsung was responsible for producing the first Blu-Ray player‚ first cell phone with an MP3 player inside‚ and popularizing the PDA phone. Samsung also created a tablet
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Samsung Case Study 1. How was Samsung able to go from copycat brand to product leader? In 1993‚ Lee unveiled “new management” which is a top-to-bottom strategy for the Samsung Company. The goal of the new management is making Samsung become a premier brand that would dethrone Sony as the biggest consumer electronics firm in the world. Samsung then hired a new group of young designers who creates sleek‚ bold‚ and beautiful product targeting high-end users. Also‚ Samsung abandoned low-end distributers
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through Positioning Brand Bull-eye (Figure 1) (Kotler & Keller‚ 2012‚ p.309)‚ Samsung Mobile tries to cover whole mobile and smartphone market. Today company’s product lineup includes almost any possible smartphone or mobile. Samsung doesn’t refuse to produce cheep & simple mobiles‚ in case that there are still popular on the market‚ as a second mobile or communication tool for children and olds‚ who is not need in high-developed smartphones. Thereby the current positioning of Samsung Mobile is to be
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