Samsung Electronics - Company Profile
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Financial Analysis and Report
Samsung Electronics is a world leader in consumer electronics, providing innovative technology solutions that enhance everyday life. The company is renowned for its diverse portfolio, including smartphones, televisions, home appliances, and semiconductors. With a commitment to research and development, Samsung Electronics continues to push the boundaries of technology and design while maintaining a focus on sustainability and corporate responsibility.
Visual Insights
Samsung Electronics Revenue Growth
Samsung Electronics Market Distribution
About the Company
Samsung Electronics was founded in 1969 and has grown to become a global leader in the electronics industry, recognized for its commitment to innovation and quality.
| Attribute | Details |
|---|---|
| Foundation Year | 1969 |
| Headquarters | Suwon, South Korea |
| Employees | Over 300,000 |
Executive Leadership
The leadership team at Samsung Electronics is composed of experienced professionals who drive the company's strategic vision and innovation.
| Name | Title |
|---|---|
| Jong-Hee Han | Vice Chairman & CEO |
| Kye Hyun Kyung | President & CEO of Samsung's Device Solutions |
| Soo-Kyung Lee | Chief Marketing Officer |
Global Presence
Samsung Electronics operates a vast network of offices and facilities around the globe, ensuring efficient production and distribution of its products.
| Region | Locations |
|---|---|
| North America | Sales and marketing offices across the US |
| Europe | Head office in the UK and multiple subsidiaries |
| Asia | Manufacturing facilities in China, Vietnam, and India |
Business Segments
Samsung operates in multiple business segments, allowing it to maintain a leadership position in various tech markets.
| Segment | Description |
|---|---|
| Mobile Communications | Smartphones, tablets, and related devices |
| Consumer Electronics | TVs, home appliances, and audio systems |
| Semiconductor | Memory chips, processors, and displays |
Financial Highlights
The financial performance of Samsung Electronics reflects its strong market position and robust operational capabilities.
| Metric | 2023 Value |
|---|---|
| Annual Revenue | $240 Billion |
| Operating Profit | $38 Billion |
| Market Value | $500 Billion |
Future Strategies
Samsung's strategic focus on sustainability, innovation, and market expansion positions it for continued growth and leadership in technology.
| Area | Strategy |
|---|---|
| Sustainability | Investing in eco-friendly technologies |
| Innovation | Accelerating R&D for future technologies |
| Market Expansion | Growing presence in emerging markets |