Case Study: Samsung Electronics Company : Global Marketing Operations 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. In 1993‚ the company’s chairman‚ Lee‚ was initiated to make “
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Introduction Samsung Electronics is one of the world’s largest semiconductor manufacturers; Samsung Electronics is also South Korea’s top electronics company. It makes many kinds of consumer devices‚ including DVD players‚ digital TVs‚ and digital still cameras; computers‚ color monitors‚ LCD panels‚ and printers; semiconductors such as DRAMs‚ static RAMs‚ flash memory‚ and display drivers; and communications devices ranging from wireless handsets and smart phones to networking gear. The company
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South Korean manufacturer Samsung has created a buzz with a "selfie" picture taken during the Oscars by a Samsung Galaxy Note 3 with several Hollywood celebrities. This picture had been posted on Twitter‚ a famous online social networking‚ by the Oscars host Ellen De Generes and then retweetted more than two millions times‚ a record. This phenomenon had a large impact on both product and the company. However it turns out that this event had been completely planned by Samsung and it was not an unintentional
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Stack Executive Summary Samsung enjoys a competitive advantage due to leadership and strength in four key areas: cost leadership‚ superior products‚ research and development‚ and unique company culture. While these fundamental ingredients have led to Samsung’s domination of the memory industry‚ Chinese companies are threatening this position and attempting to enter the legacy product market by offering low prices to capture market share. In response to this threat‚ Samsung should: (i) cut prices
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Samsung marketing strategy in china Nowadays‚ China’s communication industry is developing rapidly‚ and China has become the biggest mobile phone market all over the world. There are many international renowned mobile phone manufactures and local producers in this market and these companies are competing fiercely in China’s mobile phone industry. It is known that‚ in 1999‚ when the domestic mobile phone brands entered the mobile phone market‚ few people had expected that the domestic mobile
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It was the ‘wanted’ product of the decade‚ cementing the Sony brand in the mind of consumers as the name in electronics. Like everything‚ what starts must have an end. And the Walkman’s lifespan was 1979-2001‚ this was the date that Steve Jobs took the stage in his mock-turtle necked glory and announced the next revolution in music‚ the iPod (Walters‚ 2011). It’s hard to believe that Sony was once a visionary‚ innovating and brand focusing powerhouse of the world. Sony was far from a one trick
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Samsung’s current Segmentation Strategy. · GEOGRAPHIC Samsung focuses on rural area as well. It has Samsung Guru Segment for rural areas as well as Galaxy segment for urban areas. Samsung is one of the largest manufacturers of mobile phones‚ so they say Samsung has something for everyone. · DEMOGRAPHIC Samsung has mobile phones for youth‚ age of 16-29‚ for businessmen etc. for middleclass youth it has Samsung Guru which is for govt. lower class workers also. Guru has many
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analysis Potential entrants (threat) Samsung as mobile company is not even frightened of new entrants‚ because the capital needed to invest in this kind of industry is extremely high‚ which means that no too many investors try to gain a market share in mobile environment. BIBLIOGRAPHY \l 2058 This kind of threat is very low‚ with a high invest in R&D for the creation and innovation of unique products that exceed the consumer’s expectations and brand loyalty of their mobile phones. The customers
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Samsung Smartphone Market J.L.D - Samsung Smartphone Market Smartphones are on the cutting edge of current technology. Firms are constantly competing in an effort to corner this market. Creators and innovators such as: HTC‚ Apple‚ and Samsung appear to be paving the way as consumers grapple over which product suits them the best. These companies battle constantly for market share whether it is on the ground of the consumer’s desires or in the court system with lawsuits. These smartphones
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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 process and the later influence on brand image. Design/methodology/approach – Data were obtained
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