1. Introduction 1.1. Background The Samsung Group was founded by Byung-Chull Lee in 1938‚ in Taegu‚ Korea‚ as an exporter of dried fish‚ vegetables and fruits. Byung later established flour mills under the name Samsung‚ which means three stars in Korean language. He also produced confectionery machines in this period. In 1951‚ Samsung Moolsan‚ a holding company‚ was established which later The building of Samsung Sanghoe in Daegu in 1930s became Samsung Corp. in 1953‚ Cheil Sugar Manufacturing Co
Premium Samsung Group Samsung Electronics
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
Premium Mobile phone Blu-ray Disc South Korea
The Marketing Team Samsung has its marketing team which named Global Marketing Team. The team alone is breaking down into three layers: Marketing Strategy team‚ Regional Strategy team and Product Strategy team. Marketing Strategy team’s main task is to develop global marketing strategy; that is‚ to develop marketing strategy in international-wide. The core message that the company wanted to convey should be shown inside every promotional activities international-wise. Regional Strategy team’s
Premium Marketing
paper examines Samsung Electronics successful growth strategy in the mobile phone business. It examines its early efforts at developing a competitive product in the domestic market‚ its globalization strategies‚ and some of the key challenges it faces today. The paper provide insights into how a late-comer to an industry can overcome certain disadvantages and successfully position itself as a widely respected and successful brand. JEL classification: L 63‚ M10 Key words: Samsung‚ mobile phone
Free Mobile phone
Case Study of Samsung’s Mobile Phone Business I. 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”1 or “the Mercedes of mobile phones.”2 Samsung’s achievements were particularly remarkable considering that its primary focus had previously been in semiconductors and home appliances
Premium Mobile phone
►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
Premium Innovation Product management Marketing
SAMSUNG ELECTRONICS ANNUAL REPORT 2006 Contents 2006 Financial Highlights Performance Summary by Business Creation Message from the Board Message from the CEO Product Highlights 2006 Product Highlight 01 02 04 06 10 18 Innovation Business Overview Digital Media Telecommunication Networks Digital Appliances Semiconductors LCDs 22 23 26 29 32 35 Premium Brand Design Marketing Research and Development 40 42 46 Communication Corporate Citizenship Co-prosperity Green Management
Premium Mobile phone Flash memory
The current issue and full text archive of this journal is available at www.emeraldinsight.com/0309-0566.htm EJM 44‚7/8 Consumer responses to brand extensions: a comprehensive model ´ ´ Eva Martınez and Jose M. Pina ´ Facultad de Ciencias Economicas y Empresariales‚ The University of Zaragoza‚ Zaragoza‚ Spain Abstract Purpose – This paper aims to understand the reciprocal spill-over effects of brand extensions by testing a comprehensive model that gathers both the brand extension evaluation
Premium Branding Brand equity Brand
Apple vs. Samsung Apple and Samsung are the world’s two largest high-end mobile providers. Apple and Samsung are major competitors but are also business partners. Apple is one of Samsung’s biggest phone component customers and Samsung is one of Apple’s biggest suppliers. According to Bloomberg’s supply chain analysis‚ Apple accounts for 9% of Samsung’s revenue‚ which makes Apple Samsung’s largest costumer. Despite the companies’ business relationship‚ in April of 2011 Apple sued Samsung for copying
Premium Appeal Barack Obama United States
marketer’s toolset. It is the foundation for understanding how the product will realistically be valued by the target user. It certainly includes the advantages a target user would experience and the unique comparison between Cadbury and Galaxy chocolates as a competitor Galaxy is a Milk chocolate‚ made and marketed by Mars incorporated. Products have similarities such as: • Varieties of choices based on chocolates • Both products have different sizes according to the customer requirement and various prices
Premium Chocolate Chocolate Cadbury plc