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 |