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NEXT IS WHAT ?
FOUNDED BY
LEE BYUNG CHULL
1938
CEO & VICE CHAIRMAN Yoon-Woo Lee
HEADQUARTERS
SAMSUNG TOWN, SEOUL, SOUTH KOREA.
Samsung Group later formed several electronics-related divisions, such as - Samsung Electronics Devices Co. - Samsung Electro-Mechanics Co. - Samsung Semiconductor & Telecommunications and grouped them together under SAMSUNG ELECTRONICS CO.LTD. in 1980s. - Its first product was a black-and-white television set.
Samsung Electronics expanded its production to become the world's largest manufacturer of RAM chips, flash memory, optical storage drives and it aims to double sales and become the top manufacturer of several products globally by 2014.
CORE VALUES
In everything they do, they strive to help people live better lives
VISION AND MISSION Samsung is dedicated to developing innovative technologies and efficient
processes that create new markets, enrich people's lives, and continue to make
Samsung a digital leader. AIM Samsung aims to become Indias leading volume retailer in the consumer electronics segment
INDUSTRIES
CONSUMER ELECTRONICS
TELECOMMUNICATIONS
ACHIEVEMENTS
In 2005, Samsung surpassed Japanese rival Sony for the first time to become the world's largest and most popular consumer electronics brand. In 2006, Business Week rated Samsung as 20th on its list of global brands, 2nd in the electronics industry. Business Week also ranked Samsung as 20th in innovation. In January 2007, Brand Finance ranked the company as the number 1 global brand in electronics.
In 2009, Samsung overtook Siemens of Germany and Hewlett-Packard of the USA with a revenue of $117.4 billion to take the No.1 spot as the world's largest technology company. Company is ranked first in Greenpeace. Growth rate shot up from 0.2 % in 1995 to 21.3% in 2010.
MARCHING TOWARDS #1
38
Creative innovation and progressive entrepreneurship are the strategies that will keep us at the forefront of the global electronics industry. And with each passing day, they bring us a step closer to the vision of becoming one of the worlds most trusted and respected companies.
COMPETITORS? OR MOTIVATORS?
FINANCIAL ACHIVEMENTS
21.9%
Global TV market share
13.7%
Global laser and multifunction printer market share
16.7%
Global mobile phone market share
25.7%
Global LED-LCD panel market share
NET INCOME
12 10 8
100
80 60 Sales 6 4 2 0 2008 2009 2010 NET INCOME
40
20 0
Profit
12
10
PROFIT
Branch warehouse
Distributor
Sub - Dealer
Consumer/Customer
20
SWOT ANALYSIS
STRENGHTS
Core value: Approach market through technology and design leadership. Launching hi-tech and contemporary products with zeal and speed. Target is not only number driven but also about acquiring and retaining customers. WEAKNESS Not targeting the mass market Not spreading the brand all over India
OPPORTUNITIES
LG: its slowing down and has not had any product innovation in the last 6-8 months. The Indian Mass Market. The high end value driven proposition helps increase the Market Share. Samsung is well known for it product differentiation THREATS Increased emergence of modern retail chains- a problem as Samsung is investing in building a retail network across the country.
BRAND AMBASSADORS
Samsung is dedicated to being a socially and environmentally responsible corporate citizen in every community where we operate around the globe. Popular Brand Ambassador of SAMSUNG.
FUTURE PLAN
To be one of the top three electronic company in the world in quality and quantity by 2014. To more than double the 2004 sales revenue by the year 2013. To persue innovation to all areas of the company business operation.