1. Background Samsung Group is a South Korean multinational conglomerate company headquartered in Samsung Town‚ Seoul. Samsung was founded by Lee Byung-chull in 1938 as a trading company. It entered the electronics industry in the late 1960s and the construction and shipbuilding industries in the mid-1970s. Since the 1990s Samsung has increasingly globalised its activities‚ and electronics‚ particularly mobile phones and semiconductors‚ has become its most important source of income. In the first
Premium Mobile phone
system’s impact on many industries‚ one of the industries is IT appliances industry. We choose Samsung Electronics Co. as our topic in this industry. Samsung has been dedicated to create a better world for over 70 years through various businesses. Today‚ Samsung extent advanced technology‚ semiconductors‚ skyscraper and plant construction‚ petrochemicals‚ fashion‚ medicine‚ finance‚ hotels and so on. Samsung now is the global market leader in high technology electronics manufacturing as well as digital
Premium Mobile phone Flash memory Laptop
August 27‚ 2012 Samsung Electronics (005930 KS) Company Update US jury sides with Apple WHAT’S THE STORY? Event: A US jury on Aug 24 handed Apple a sweeping victory over Samsung Electronics (SEC)—in stark contrast to an earlier split ruling by a Korean court. Impact: The verdict implies that the handset industry will now compete more fiercely in design‚ as well as in technology‚ eroding the profitability of handset makers and parts suppliers. On the positive side‚ the battles should
Premium Balance sheet Asset Stock
To further encourage consumers to lead smarter lives‚ Samsung introduced a number of new mobile products‚ including the GALAXY Note‚ GALAXY Tab 7.7‚ the Wave 3 and the GALAXY WiFi 3.6. The GALAXY Note is a new category of product‚ developed through Samsung’s deep consumer understanding and insight. It combines core on-the-go benefits of various mobile devices while maintaining smartphone portability‚ to create a whole new user experience. The GALAXY Note has a 5.3” display which is the largest
Premium Personal digital assistant Laptop Mobile phone
The history of Samsung The Samsung Group emerged as one of the largest organization in the world over the years while the company is known for their technology division as well. The company is a South Korean multinational conglomerate company in Samsung Town‚ Seoul‚ South Korea. The size of the company is almost inestimable in recent years. Thus‚ I choose the Samsung group as the organization for my assignment. The founder of the Samsung is Lee Byung Chull who started his business by exporting
Premium South Korea Samsung Group Samsung Electronics
sources of competitive advantage that increase the WTP for Samsung customers. The first one is the Product Mix. Samsung offer to its customers a huge variety of products‚ ranging from the cutting-edge technology to more basic products. It also offers customized products to focus on niche markets. With this strategy‚ Samsung is able to compete in a broad range of segments in the market‚ usually offering superior products. In 2003 for example‚ Samsung offered over 1‚200 different variations of DRAM products
Premium Flash memory Salary Average
Samsung Galaxy S4 mobile is a new product introduced in March 2013. I think this product will succeed in the long run in the marketplace. S4 has been already sold 10‚000‚000 units in 2 months‚ even break the record of any products in Samsung. We can tell how success of this product. S4 really help Samsung maximize their profits. Undeniably‚ S4 is very similar with S3‚ but the sales amount is keep increasing. From this‚ we can see Samsung has many royalty customers‚ they do repeat purchase. Many
Premium Sales Mobile phone Customer service
Samsung OrganizationKarl Baba-Dawuda‚ Edward Jenkins‚ Robert PapagnoMGT/521October 13‚ 2014Andrew Van NessSamsung Organization Samsung electronics is the world’s largest technology company in terms of revenues. It is a global market leader in high-tech electronic manufacturing and digital media. Samsung is the largest mobile phone maker and television manufacturer and second largest semiconductor chip producer. The company is headquartered in Seoul‚ South Korea‚ and currently employs approximately
Premium Samsung Electronics Mobile device Strategic management
Samsung Electronics Questions 1. Why should Samsung globalize? Globalization should consider as Samsung’s second strategy‚ as Kim mentioned in the article. The world becomes a single market‚ which is associated with globalized resources and systems. Globalization should consider as a beneficial and efficient plan for the company. First of all‚ when Samsung goes global‚ Samsung can gain greater market share‚ increase sales and profits. In the case study‚ the article mentions that not only there’s
Premium Investment Foreign direct investment International economics
Samsung for the past 3 years has been sharing their sustainable accomplishments through a sustainability report. This report demonstrates the impact Samsung had on people‚ society‚ and the environment. The structure for their sustainable report closely resembles that of an annual report. It is divided into three parts: Sustainability overview‚ Material issues‚ and Facts and figures. They monitor their accomplishments by setting benchmarks for each year. An example of these benchmarks: in 2011 they
Premium Solar energy Solar power Greenhouse gas