Samsung Electronics Net Worth is166.4 $Billion
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Logo: Image:Samsung Logo.svg

Type: Public

Traded As: 005930, 005935, SMSN, SMSD

Foundation: 1969, As Samsung Electric Industries , 1988, As Samsung Electronics

Location: Suwon, South Korea

Area Served: Worldwide

Key People: Lee Kun-hee, (Vice Chairman and CEO)

Industry: Consumer electronics, Home appliances

Products: ''Samsung Electronics#Products''

Revenue: {{profit US$ 148.944 billion (2011)
Net Income: 012.059 billion (2011)
Assets: equity

Num Employees: 221,726 (2011)
Parent: Samsung Group

Homepage: http://www.samsung.com

Intl: yes

Samsung Electronics Co., Ltd. (Korean: i? 1/4 i??i ?i??) is a South Korean multinational electronics company headquartered in Suwon, South Korea. It is the flagship subsidiary of the Samsung Group and was the world's largest technology company by revenues from 2009 to 2012. Samsung Electronics has assembly plants and sales networks in 61 countries and employs around 221,000 people.
Samsung Electronics is the world's largest mobile phone maker by 2011 unit sales and world's second-largest semiconductor chip maker by 2011 revenues (after Intel Corporation). It has been the world's largest television manufacturer since 2006 and the world's largest maker of LCD panels for eight consecutive years. It has the largest marketshare worldwide in memory chips. The company was the world's largest vendor of smartphones in 2011. Samsung has also established a prominent position in the tablet computer market, with the release of the Android-powered Samsung Galaxy Tab.
Samsung Electric Industries was established as a subsidiary of Samsung Group in 1969 in Suwon, South Korea. Its early products were electronic and electrical appliances including televisions, calculators, refrigerators, air conditioners and washing machines. In 1970, Samsung Group established another subsidiary, Samsung-NEC, jointly with Japan's NEC Corporation to manufacture home appliances and audiovisual devices. In 1974, the group expanded into the semiconductor business by acquiring Korea Semiconductor, one of the first chip-making facilities in the country at the time. The acquisition of Korea Telecommunications, an electronic switching system producer, was completed at the start of the next decade in 1980.
By 1981, Samsung Electric Industries had manufactured over 10 million black-and-white televisions. In February 1983, Samsung's founder, Lee Byung-chull, made an announcement later dubbed the "Tokyo declaration," in which he declared that Samsung intended to become a DRAM (dynamic random access memor

Samsung Electronics Latest News

Samsung Wants to Become a Drug Company

Samsung Electronics (SSNLF), the South Korean consumer electronics company that has been pushing into the pharmaceutical market, is expanding those efforts, landing its first deal to develop drugs for diseases that are hard to treat. With saturation in the ...
Posted: August 21, 2017, 10:56 am

Alleged Samsung Galaxy A5 Pro (SM-A5300) Leaks With 6GB RAM

Samsung Electronics is apparently working on a new Galaxy A5 (2017) variant for the Asian market, at least according to a new listing in the database of mobile benchmarking tool Geekbench which was uncovered earlier today. The device identified by the ...
Posted: August 21, 2017, 7:44 am

Samsung Seeks Closure on 2 Crises -- WSJ

SEOUL -- For Samsung Electronics Co., the launch this week of a new smartphone and a court ruling for its detained de facto leader may offer closure and clarity for a company rocked by two scandals over the past year. Samsung will unveil the Galaxy Note 8 ...
Posted: August 20, 2017, 11:47 pm

Tiny Andrea Electronics sues Apple for patent infringement

The company sold 41 million iPhones in the third quarter ended July 1. The original complaint, filed in September 2016, also named Korean electronics giant Samsung Electronics Co. Ltd. and its American unit, Samsung Electronics America Inc. in Ridgefield ...
Posted: August 21, 2017, 3:27 am

Galaxy Note 8: Samsung Ditches ATL Batteries To Prevent Explosion Issue

On Monday, The Investor learned from South Korean language news site ET News that Samsung Electronics has opted to not use ATL batteries for its Note 8 phablet this year. Industry sources revealed that the new flagship phone will instead come with 3,300mAh ...
Posted: August 21, 2017, 3:05 pm
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