Executive Summary This paper provides an analysis on the success of Samsung over recent months which has allowed the company to crush its long term competitor‚ Apple. Methods of analysis include Samsung’s unique quality management practices‚ supply chain structures‚ partnerships and financial performance. Results of the analysis show Samsung’s high quality methods on all its business processes‚ and the business model structure which has allowed it to gain an upper hand in the market. The report
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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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December 2011‚ Whirlpool accused Samsung Electronics Co. and LG Electronics Inc. of "dumping" washers made in Korea and Mexico into the U.S. market at prices below their production costs. According to Korea Yoongang Daily‚ Whirlpool determined that Samsung and LG have sold large washers in the U.S. at “dumping margins of 9.29 percent to 82.41 percent.” After investigating from January 2012‚ the US government reached to decision was a 9.29% tariff was imposed on Samsung Electronics and 13.02% on LG Electronics
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Exercise 1: Identifying Corporate Strategy (Individual work) A. What are some of the business units (products) of Samsung? Samsung is a huge conglomerate that is well-known and respected globally. Its iconic brand is considered leader in its respective field in the industry. As a huge multi-national conglomerate‚ it consists of many business units or products with worldwide following and in the assignment excerpt‚ it mentioned some like first and foremost their flagship galaxy s4 and its
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St. Petersburg University Graduate School of Management SAMSUNG GALAXY INVESTMENT PROJECT VALUATION USING REAL OPTIONS APPROACH Project by the 1nd year students: Dudnik Maxim Fomin Maxim Fakhritdinova Dilyara Sinyakin Anton Tkachenko Nikolay St. Petersburg 2013 Content Galaxy Investment Project Valuation Company Description Samsung Group is a South Korea is an international conglomerate company. It was founded by Lee Byung-chul in 1938 and
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1. How was Samsung able to go from copycat brand to product leader? Samsung was a copycat brand from the time it started to around the 90s. Some of the first items they made were calculators and black and white TVs. In 1993 Samsung unveiled a new strategy that they called “New Management”. They made the decision not to be a cheap copycat brand anymore. Samsung cut ties with low end retailers like Kmart and Wal-Mart. They started distributing at stores like Circuit City and Best Buy. They started
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Byung-Chull Lee set up a trade export company in Korea‚ selling fish‚ vegetables‚ and fruit to China. 1930-1990 In 1938‚[16] Lee Byung-chull (1910–1987) of a large landowning family in the Uiryeong county came to the nearby Daegu city and founded Samsung Sanghoe (삼성상회)‚ a small trading company with forty employees located in Su-dong (now Ingyo-dong) In 1938 the Samsung’s founder Byung-Chull Lee set up a trade export company in Korea‚ selling fish‚ vegetables‚ and fruit to China. . It dealt in groceries
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more than in 2011. -Top Five Smartphone Vendors‚ Shipments‚ and Market Share Calendar Year 2012 (Units in Millions) Vendor 2012 Unit Shipments 2012 Market Share 2011 Unit Shipments 2011 Market Share Year over Year Change 1. Samsung 215.8 30.3% 94.2 19.0% 129.1% 2. Apple 135.9 19.1% 93.1 18.8% 46.9% 3. Nokia 35.1 4.9% 77.3 15.6% -54.6% 4. HTC 32.6 4.6% 43.6 8.8% -25.2% 5. Research In Motion 32.5 4.6% 51.1 10.3% -36.4% Others 260.7 36.5% 135.3 27.5% 92.7% Total 712.6 100.0% 494.6 100.0% 44
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Apple Inc. has long been a leader in the consumer electronics industry. Apple’s success has lead to fierce rivalries from competitors wanting a piece of the growing industry. Two of Apple’s most notable rivalries are with Samsung and Google. It is worth noting that for the majority of Apple’s existence‚ Microsoft had been seen as their biggest competitor. Although Microsoft is still a competitor‚ Samsung and Google’s successful entry into mobile consumer electronics has left Microsoft lagging behind
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The Hong Kong Polytechnic University Hong Kong Community College CCN1005 English for Academic Studies (Business) I Project Title: Why can Samsung and Apple dominate the smartphone market in Hong Kong? Group: A15 Date of Submission: 14 Dec 2012 Student Number | Student Name | Signature | 12670196A | CHAN Lai Ying‚ Catherine | | 12665305A | TONG Yin Ting‚ Charmaine | | 12668914A | YEUNG Sing Keung‚ Shawn | | Oligopoly is a ubiquitous phenomenon in most‚ if not all‚ free market
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