From Wikipedia, the free encyclopedia
Samsung Group
Samsung Group
Not to be confused with Samseong Station.
Samsung Group ?? ??
Type Founded Founder(s) Headquarters Key people
Public (KRX: 005930, KRX: 005935) 1938 Lee Byung-chul Seocho Samsung Town in Seoul, South Korea Lee Kun-hee: Former Chairman and CEO Lee Soo-bin: Acting president, CEO of Samsung Life Insurance[1] Conglomerate ▲ $174.2 billion[2] (2007) ▲ $13.9 billion[2] (2007) ▲ $302.9 billion[2] (2007) 263,000[2] (2007) Samsung Electronics, Samsung Heavy Industries, Samsung Engineering & Construction, etc. www.samsung.com
brand, including Samsung Electronics, the world’s largest electronics company,[4] Samsung Heavy Industries, one of the world’s largest shipbuilders and Samsung Engineering & Construction, a major global construction company. These three multinationals form the core of Samsung Group and reflect its name - the meaning of the Korean word Samsung is "tristar" or "three stars". The Samsung brand is the best known South Korean brand in the world and in 2005, Samsung overtook Japanese rival Sony as the world’s leading consumer electronics brand and became part of the top twenty global brands overall.[5] It is also the leader in many domestic industries, such as the financial, chemical, retail and entertainment industries. Samsung’s strong influence in South Korea is visible throughout the nation, and is sometimes called the ’Republic of Samsung’.[6]
Industry Revenue Net income Total assets Employees Subsidiaries
Background
Website
Samsung Group
Hangul Hanja Revised Romanization McCuneReischauer ?? ?? ?? ?? Samseong Geurup Samsŏng Kŭrup
Samsung is the world’s leading consumer electronics brand and one of the top twenty global brands. Currently helmed by Lee Soo-bin, CEO of Samsung Life Insurance, it has been run by generations of one of the world’s wealthiest families, formerly by chairman Lee Kun-Hee, the third son of the founder, Lee ByungChull. Samsung Group also owns the Sungkyunkwan University, a major private university
The Samsung Group (Korean: ?? ??, Samsung Group) is the world’s largest conglomerate.[3] It is South Korea’s largest chaebol and composed of numerous international businesses, all united under the Samsung
1
From Wikipedia, the free encyclopedia
Samsung Group
ability to access unlimited amount of funds from major banks in South Korea. In many domestic industries, Samsung Group is the sole monopoly dominating a single market, its revenue as large as some countries’ total GDP. In 2006, Samsung Group would have been the 34th largest economy in the world if ranked, larger than that of Argentina.[8] The company owns or has taken over so many mid to small sized businesses that it is often called a ’colonial empire’ or ’hungry dinosaur’. The company has a powerful influence on the country’s economic development, politics, media and culture, being a major driving force behind the Miracle on the Han River; many businesses today use its international success as a role model.
Samsung at the 2009 Consumer Electronics Show in Las Vegas.
History
View of the Samsung logo inside the Time Warner Center in New York City. in South Korea, with many of its graduates being employed by Samsung Group affiliates. Many major South Korean corporations such as CJ Corporation, Hansol Group, Shinsegae Group and Joong-Ang Ilbo daily newspaper were previously part of the Samsung Group, split apart by the government in order to prevent Samsung from becoming too powerful. Many leading companies in South Korea, notably MP3 player manufacturer iriver and search engine portal Naver, were established by ex-Samsung employees. A large number of South Korean firms, particularly those in the electronics industry, are dependent on Samsung for the supply of vital components or raw materials such as semiconductor chips or LCD panels. This has led to continued allegations of price fixing and monopolistic practices. Samsung Group accounts for more than 20% of South Korea’s total exports[7], with strong government support, including the
Samsung Group headquarters at Seocho Samsung Town, Seoul.
1938-1969 SAMSUNG’s Beginnings
On March 1, 1938, founding chairman Byung-Chull Lee started a business in Taegu, Korea, with 30,000 won. At the start, his business focused primarily on trade export, selling dried Korean fish, vegetables and fruit to Manchuria and Beijing.
2
From Wikipedia, the free encyclopedia
Samsung Group
Samsung and others (Besix, Turner) are constructing the world’s tallest building, the Burj Dubai (818 m) in the UAE. In little more than a decade, SAMSUNG—which means "three stars" in Korean—would have its own flour mills and confectionery machines, its own manufacturing and sales operations and ultimately evolve to become the modern global corporation that still bears the same name today. • : Lee Byung-Chull founded his small business as ’Samsung Store’ at Daegu • : Lee Byung-Chull founded Samsung trading company in Seoul (YPM) • : SAMSUNG Moolsan established (now SAMSUNG Corporation) • : Samsung starts sugar production, which has since been spun off into the CJ Corporation • : Ankuk Fire & Marine Insurance acquired (renamed SAMSUNG Fire & Marine Insurance in October 1993) • : The first Shinsegae department store opens in Seoul • : DongBang Life Insurance acquired (renamed SAMSUNG Life Insurance in July 1989) • : Samsung starts Tongyang Broadcasting Company (TBC), which later merged with KBS
Samsung constructed Tower 2 of the Petronas Twin Towers in Malaysia, the world’s tallest twin buildings. • : Samsung starts the Joong-Ang Ilbo daily newspaper, which is no longer affiliated with the company • : Joong-Ang Development established (known today as SAMSUNG Everland) • : Samsung Electronics was founded • : SAMSUNG-Sanyo Electronics established (renamed SAMSUNG ElectroMechanics in March 1975 and merged with SAMSUNG Electronics in March 1977) Lee Byung-Chull founded Samsung in 1938. It started as a small trading company with forty employees, located in Seoul. The company did fairly well until the Communist invasion in 1950 which caused great damage to his inventories. He was forced to leave and start over in Suwon in 1951. In just a year, the company’s assets had grown twentyfold. In 1953, Lee created a sugar refinery—the South Korea’s first manufacturing facility
3
From Wikipedia, the free encyclopedia
Samsung Group
increasing economic growth and development, and assisted large, profitable companies, protecting them from competition and aiding financially as well. His government banned several exterior companies selling consumer electronics in South Korea. “To make up for a lack of technological expertise in South Korea, the South Korean government effectively required foreign telecommunications equipment manufacturers to hand over advanced semiconductor technology in return for access to the Korean market” (Samsung Electronics). This enormously helped Samsung to manufacture the first Korean dynamic random access memory chips. Samsung Group later formed several electronics-related divisions, such as Samsung Electron Devices Co., Samsung ElectroMechanics Co., Samsung Corning Co., and Samsung Semiconductor & Telecommunications Co., and grouped them together under Samsung Electronics Co., Ltd. in 1980s. Its first product was a black-and-white television set (Samsung Electronics). In the late 1980s and early 1990s, Samsung Electronics invested heavily in research and development, constructing the company as a leader in the global electronics industry. “By the 1980s Samsung was manufacturing, shipping, and selling a wide range of appliances and electronic products throughout the world” (Samsung Electronics). In 1982, it built a television assembly plant in Portugal; in 1984, it built a $25 million plant in New York; and in 1987, it built another $25 million facility in England (Samsung Electronics).
Samsung, as a subcontractor, constructed the Taipei 101 in Taiwan, the world’s tallest completed skyscraper. after the Korean War. “The company prospered under Lee’s philosophy of making Samsung the leader in each industry he entered” (Samsung Electronics). The company started moving into service businesses such as insurance, securities, and department store. In the early 1970s, Lee borrowed money from foreign companies to begin the mass communication industry by launching a radio and television station (Samsung Electronics). South Korean President Park Chung-hee’s regime during the 1960s and 1970s, helped Samsung Electronics and many other Korean firms. Park put great importance in
1970-1979 Diversifying in Industries and Electronics
In the 1970s, SAMSUNG laid the strategic foundations for its future growth by investing in the heavy, chemical and petrochemical industries. During this time, the company also took steps to enhance its competitive position in the world’s textile industry, integrating its manufacturing processes from raw materials to end products. As a result, many new companies were created, including SAMSUNG Heavy Industries Company in 1974 and SAMSUNG Shipbuilding and SAMSUNG Precision Company (now SAMSUNG Techwin) in
4
From Wikipedia, the free encyclopedia
1977. Another burst of growth for SAMSUNG came from the burgeoning home electronics business. SAMSUNG Electronics, already a major manufacturer in the Korean market, began to export its products for the first time during this period. SAMSUNG also acquired a 50 percent stake in Korea Semiconductor, further solidifying SAMSUNG Electronics’ position as a leader in semiconductor manufacturing. • • • : Black-and-white TV (model: P-3202) production started by SAMSUNG-Sanyo : Began production of black-and-white televisions for domestic sale : SAMSUNG Heavy Industries incorporated SAMSUNG Petrochemical established Began washing machine and refrigerator production : 1 millionth black-and-white TV produced : The company was awarded an export prize by the government as a part of the country’s development program : SAMSUNG Precision Co. established (now SAMSUNG Techwin) Started export of colour televisions SAMSUNG Fine Chemicals established SAMSUNG Construction established : As a result of this export prize, Samsung Construction emerged. In addition, Samsung Shipbuilding is formed : 4 millionth black-and-white TV (most in the world) produced : Began mass production of microwave ovens
Samsung Group
creation of the company’s two research and development (R&D) institutes that helped expand its reach even further into electronics, semiconductors, high polymer chemicals, genetic engineering, optical telecommunications, aerospace and new fields of technology innovation from nanotechnology to advanced network architectures. In 1987, SAMSUNG’s founding Chairman Byung-Chull Lee passed away after almost 50 years at the helm of the company. His son, Kun-Hee Lee, succeeded him as the new Chairman. During this period, SAMSUNG challenged itself to restructure old businesses and enter new ones with the aim of becoming one of the world’s top five electronics companies. • • • • • : Began producing air conditioners : First microwave ovens (model: RE-705D) exported (to Canada) 1 millionth colour TV produced : Samsung establishes a professional baseball team : Name changed from Korea Telecommunications Corp. to SAMSUNG Semiconductor & Telecommunications Co. Sales subsidiary (SEG) established in Germany 10 millionth black-and-white TV produced : Began production of personal computers (PCs) : Samsung produces its first computer chip: a 64k DRAM chip : SAMSUNG Data Systems established (Renamed SAMSUNG SDS) First VCRs exported to the US : Developed the world’s smallest, lightest 4mm video tape recorder : SAMSUNG Advanced Institute of Technology opened for R&D purposes : SAMSUNG Semiconductor & Telecommunications Co merged with SAMSUNG Electronics. Home appliances, telecommunications and semiconductors selected as core business lines. : SAMSUNG BP Chemicals founded 20 millionth colour TV produced
• •
•
• • • • • • • • •
•
• •
1980-1989 Entering the Global Marketplace
SAMSUNG’s core technology businesses diversified and expanded globally during the late 1970s and early 1980s. In 1978, SAMSUNG Semiconductor and SAMSUNG Electronics became separate entities. SAMSUNG Aerospace Industries (now SAMSUNG Techwin) was launched in February 1987 and SAMSUNG has been developing its aerospace capabilities with unprecedented speed ever since. SAMSUNG also entered the systems development business, establishing SAMSUNG Data Systems in 1985 (now SAMSUNG SDS) as a leader in information technology services, including systems integration, systems management, consulting and networking services. SAMSUNG’s increasing focus on technology led to the
• •
The 1990s and present
• Commercialization of CDMA Handset/ System • Commercialization of GSM Handset • Commercialization of World’s first Handset/System - CDMA2000 1X
5
From Wikipedia, the free encyclopedia
• Commercialization of World’s first Handset/System - CDMA2000 1X EV-DO • Commercialisation of World’s first Silver Nano washing machine using antibacterial silver nanoparticles The 1990s saw Samsung rise as an international corporation. Not only did it acquire a number of businesses abroad, but also began leading the way in certain electronic components. Samsung’s construction branch was awarded a contract to build one of the two Petronas Towers in Malaysia, Taipei 101 in Taiwan and the Burj Dubai in United Arab Emirates (founded by Callum Cuirtis), which is the tallest structure ever constructed. In 1996, the Samsung Group reacquired the Sungkyunkwan University foundation. In 1993 and in order to change the strategy from the imitating cost-leader to the role of a differentiator, Lee Kun-hee, Lee Byungchull’s successor, sold off ten of Samsung Group’s subsidiaries, downsized the company, and merged other operations to concentrate on three industries: electronics, engineering, and chemicals (Samsung Electronics).
Samsung Group
Samsung is the world’s second largest mobile phone maker. Samsung’s brand strength has greatly improved in the last few years.[9] Samsung became the largest producer of memory chips in the world in 1992-Samsung, the world’s second-largest chipmaker after Intel, see Worldwide Top 20 Semiconductor Market Share Ranking Year by Year.[10]. In 1995, it built its first liquid-crystal display screen. Ten years later, Samsung grew to be the world’s largest manufacturer of liquidcrystal display panels. Sony, which had not invested in LCDs, contacted Samsung to cooperate. In 2006, S-LCD was established as a joint venture between Samsung and Sony in order to provide a stable supply of LCD panels for both manufacturers. S-LCD is owned by Samsung and Sony 51% to 49% respectively and operates its factories and facilities in Tangjung, South Korea. In 2008, Samsung became the largest mobile phone maker in the United States and 2nd largest mobile phone maker in the World. Considered a strong competitor by its rivals, Samsung Electronics expanded production dramatically to become the world’s largest manufacturer of DRAM chips, flash memory, optical storage drives and it aims to double sales and become the top manufacturer of 20 products globally by 2010. It is now one of the world’s leading manufacturers of liquid crystal displays and next generation mobile phones. Samsung Electronics, which saw record profits and revenue in 2004 and 2005, overtook Sony as one of the world’s most popular consumer electronics brands, and is now ranked #20 in the world overall.
Samsung is the world’s largest manufacturer of Televisions and various other consumer electronics. Compared to other major Korean companies, Samsung survived the Asian financial crisis of 1997-98 relatively unharmed. However, Samsung Motor Co, a $5 billion venture was sold to Renault at a significant loss. Most importantly, Samsung Electronics (SEC) was officially spun-off from the Samsung Group and has since come to dominate the group and the worldwide semiconductor business, even surpassing worldwide leader Intel in investments for the 2005 fiscal year.
6
From Wikipedia, the free encyclopedia
By late 2005, Samsung had a net worth of US$77.6 billion.
Samsung Group
Markets
Samsung is the world’s largest manufacturer of LCD displays, and the first manufacturer of LED TVs (2009).
Samsung is currently the world’s No. 3 maker of compact cameras.[11]
Samsung is the world’s largest manufacturer of laser printers.[13] Samsung is the world’s largest producer of DRAM, SRAM and Flash Memory.[12]
Samsung is a leading manufacturer of computers such as the Q1 Ultra Mobile PC.
• Digital media & communications business Through innovative technology, distinctive
Samsung, the world’s number one manufacturer of CRT and TFT computer monitors.[14]
7
From Wikipedia, the free encyclopedia
Samsung Group
Samsung is the world’s 4th-largest manufacturer of Hard disk drive
Samsung Heavy Industries is one of the largest shipbuilders in the world and one of the "Big Three" shipbuilders designs and a dual focus on convenience and value, SAMSUNG has remained at the forefront of the digital revolution we helped launch. Digital Media business produces a wide range of products, including digital televisions with “Touch of Colour” technology; monitors; audio-visual devices such as a 4thgeneration Blu-Ray disc player; and all-in-one colour printers, including the world’s smallest. SAMSUNG holds the largest global market share in flat-panel TVs and PC monitors. The Digital Media business also encompasses world-leading, premium home appliances that are stylishly designed, equipped with convenient digital features and environmentally friendly. lineup includes refrigerators, air conditioners, washers, ovens, vacuum cleaners and other appliances that are indispensable in today’s households. • Device solutions business
SAMSUNG’s Device Solutions Business leads the world’s memory and LCD markets in product and technology development. It consists of four major divisions: the Memory and System Large Scale Integration (LSI) Divisions, comprising Samsung’s semiconductor operations, and LCD and Storage Systems Divisions. In a fast-paced electronic components industry, marked by intense competition and market volatility, clearly differentiated products from each of these divisions have helped spur continued growth. Samsung’s Memory Division designs and manufactures integrated circuits for storing digital information. It is the market leader in dynamic random access memory (DRAM), static random access memory (SRAM), NAND flash memory and Solid State Drives (SSDs). In addition, the Division has been setting an aggressive pace for developing new memory devices and multichip packages, as well as pioneering fusion memories and commercialising nanotechnology. The System LSI Division designs and manufactures logic and analog integrated circuit devices. It is comprised of 3 major areas of business concentration - mobile solutions, home & media solutions, and ASIC & foundry services. The Division focuses its efforts in five strategic products areas - display driver IC (DDI), CMOS image sensor (CIS), mobile application processor (AP), smart card IC and media player SoC. System LSI holds the number one market share in DDI, Navigational AP and MP3 SoC. Samsung’s LCD Division produces panels for TVs, digital information displays (DIDs), notebook PCs and desktop monitors. It is the market leader in developing next-generation, premium products such as ultra-slim, edge-lit LED-backlit LCD panels, and is at the forefront of creating new markets with advancements in LED-backlit panel design and 240Hz LCD technology. The Division also is leading the LCD industry in its transition to the 16:9 widescreen aspect ratio, as well as in the introduction of high-value-added products such as 20-inch and larger slim-panel monitors and super-bright DID panels. The Storage Systems Division is a leading producer of high-capacity, high-performance hard disk drives for notebook and desktop PCs, as well as digital camcorders, MP4 players and a wide range of other consumer electronics and mobile devices. Just recently, it
8
From Wikipedia, the free encyclopedia
introduced a new line-up of ultra-compact, high-capacity external hard drives. Currently, Samsung has sixteen products that have dominated the world’s market share, including: DRAM, color cathode-ray tube TVs (CPT, CDT), SRAM, TFT-LCD glass substrates, TFT-LCD, STN-LCD, tuner, CDMA handset, color television (CTV), monitor, flash memory, LCD Driver IC (LDI), PDP module, PCB for handheld (mobile phone plates), Flame Retardant ABS, and Dimethyl Formamide (DMF).[15] Plus in the Television market, Samsung and LG make the only screens for LCD TFT televisions and then later sell them on to the other companies. According to Interbrand and BusinessWeek, Samsung’s brand value ranked 43rd (USD 5.2billion) in 2000, 42nd (USD 6.4 billion) in 2001, 34th (USD 8.3 billion) in 2002, 25th (USD 10.8 billion) in 2003, 21st (USD 12.5 billion) in 2004, and 20th (14.9 billion) in 2005 among top global companies. In terms of export that directly contributes to the Korean economy, Samsung took up 18.1% of the all exports with USD 31.2 billion in 2000 and 20.7% with USD 52.7 billion in 2004. In addition, Samsung’s tax payments to the Korean government in 2003 was KRW 6.5 trillion, which is about 6.3% of total tax revenue. The market value of Samsung in 1997 reached KRW 7.3 trillion in 1997, which amounted to 10.3% of the Korean market but this figure increased to KRW 90.8 trillion taking up 22.4% in 2004. Moreover, the annual net profit of Samsung marked KRW 5.8 trillion in 2001, KRW 11.7 trillion in 2002, KRW 7.4 trillion in 2003, and KRW 15.7 trillion in 2004, showing forth a steady increase. In order to enhance the working environment and build a strong and trustworthy foundation, the semiconductor sector of Samsung Electronics has been conducting a ‘Great Workplace Program’ called GWP since 1998. Then, in 2003, GWP has spread throughout the entire Samsung Group as Samsung Fire and Marine Insurance, Samsung SDI, Samsung Everland, Samsung Corporation, Cheil Industries, Samsung Networks, and others started to apply its core principles. In 2006, 9 subsidiary companies of Samsung Electronics, 80 overseas branches, and 130 overseas business sectors
Samsung Group
have reported that they are actively applying the GWP. Dramatic surge in Net Profits starting in the late 90’s: $2.2Bil (1999), $7.3Bil (2000), $8.9Bil (2002), $11.8Bil (2004). Samsung’s Brand Value conducted by Interbrand of the world’s top 100 brands: $6.4Bil (2001), $8.3Bil(2002), $10.8Bil(2003), $12.5Bil(2004), $14.9Bil(2005). Market Capitalization (Ratio to the total market value of all Korean listed stocks): A dramatic increase from 7.3 trillion KRW, 10.3% of the total national listing value in 1997. At the end of 2004 national listing value in 22.4%. Samsung’s Annual Profits Growth: $4.5Bil (2001), $8.9Bil (2002), $5.6Bil (2003), $11.8Bil (2004) and Debt-to-Equity Ratio Decrease: 104% (2000), 78% (2001), 68% (2002), 56% (2003), 51% (2004).
Circular investment
The relations of Samsung companies are very complicated. According to the Financial Supervisory Service of South Korea, Samsung Everland owns 13.3% of Samsung Life Insurance; Samsung Life Insurance holds 34.5% of Samsung Card and 7.2% of Samsung Electronics, as well as more of other Samsung companies; Samsung Electronics in turns keeps 46.0% of Samsung Card and stocks of other Samsung companies; and finally, Samsung Card holds 25.6% of Samsung Everland. The family of Lee Kun-hee owns 40% of Samsung Everland, whilst Samsung Card holds 25.6%, and related people have another 30%. Thus it is thought that Lee controls 95% of Samsung Everland. Control of one company, through the circular investment, enables the Lee family to control other Samsung companies despite having only relatively minor holdings.
Main competitors
• Camcorder — Sony, Panasonic • Laser printer — HP, Brother Industries, Xerox Corporation , Epson • Laptop computer — HP, DELL, Acer Inc, Lenovo • Projector — Epson • MP3 players — Apple Inc, Iriver
9
From Wikipedia, the free encyclopedia
Products DRAM NAND Flash Large-size LCD Panel PDP panel Active-Matrix OLED Lithium-ion battery LCD Monitor Hard disk drive LCD TV PDP TV Samsung’s Competitors M/S global m/s 34.3% 40.4% 26.2% 30.5% 90.0% 18% 16.1% 9.5% 20.2% 22.7% Hynix Toshiba LG Display LG LG Panasonic DELL Seagate Technology Sony Panasonic LG
Samsung Group
Competitors M/S Competitors M/S
Co
21.6% Micron Technology 28.1% Hynix
14.6% Elpida Memory 15.1% Micron Technology Chi Mei Hitachi BYD Company
14.2% Qi 7.9%
In
25.8% AU Optronics 14% 34.8% Panasonic 30% Sony Sony 27% ?
13.9% Sh Co 4.4% ? 9.9% -
LG
14.6% HP 34.9% Western Digital 13.8% Sharp Corporation 33.7% LG 13.3% Sony
11.9% LG 22.5% HITACHI GST 10.2% LG 16.4% Pioneer 13.1% Sharp Corporation 9.2% Motorola
Ac
17.8% Fu 9.3% ? 7.2%
Ph
Hi
Whole(LCD,PDP,CRT)TV 21.5%
Pa
Mobile phone Digital camera
18.8% 9.1%
Nokia Canon
38.1% LG 19.2% Sony
6% 9.0%
So Er
17.5% Olympus
Ko
• Home appliances — Whirlpool Corporation, Electrolux, LG, General Electric, BOSCH SIEMENS • Optical disc drives — LG, Toshiba • Home theater — Sony, Philips, Panasonic, LG • CCTV — Pelco • Telecommunications equipment — AlcatelLucent, Nortel, Ericsson • LED — Nichia, Osram • Shipbuilding — Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering
Sports sponsorship
Samsung has also tried hard to improve its international image. It has spent more than $6 billion since 1998 on marketing, sponsoring the last five Olympics and erected a large video sign in Times Square in 2002 (Lee kunhee). Samsung is very involved in the Asian Games, contributing Samsung Nations Cup Riding Competition, Samsung Running Festival, Samsung World Championship
The Samsung Running Festival in Taipei, Taiwan. (LPGA Tour) and still many more around the globe. Samsung owns the professional soccer club Suwon Samsung Bluewings, the baseball team Samsung Lions, the basketball team Seoul Samsung Thunders, the women’s basketball team Samsung Bichumi, and the volleyball team Samsung Bluefangs in South Korea.
10
From Wikipedia, the free encyclopedia
Samsung Group
This file is a candidate for speedy deletion. It may be deleted after Monday, 25 May 2009.
This file is a candidate for speedy deletion. It may be deleted after Monday, 25 May 2009.
Samsung sponsors English premiership team Chelsea FC. In 2005 Samsung signed the second biggest sponsorship deal in English football history with Premiership team Chelsea. Their five-year deal is estimated to be worth £50 million. In April 2008 Samsung and Mexican football team Club Deportivo Guadalajara signed a sponsorship deal for six years where Samsung will provide 865 plasma and LCD screens for the team’s new stadium Estadio Chivas. The company’s name will be in the
front of the team’s jersey starting January 2009. On January 15, 2009, Samsung signed a three-year deal with the Brazilian football team Palmeiras, worth R$15 million annually (~4.8 million Euros annually). As well as having their logo printed on the Palmeiras football shirts, the deal also provides for the supply of Samsung products to the club, and a plan for activation with the crowd, being developed by Samsung. [29] [30] [31] The company sponsors the rugby league team the Sydney Roosters in the Australian National Rugby League 1995-1997 2004-present. It also sponsors the Melbourne Victory football club in the Australian A-League. The deal with Victory is also believed to be the largest in Australian club football history.
11
From Wikipedia, the free encyclopedia
From 2009 Samsung will be the primary sponsor of the Essendon Football Club. Samsung is a sponsor of the April NASCAR Nextel Cup race at Texas Motor Speedway, the Samsung 500. This sponsorship, initially with RadioShack from 2002-2006, was in doubt after the 2003 race because of NASCAR’s ban on wireless telecommunication sponsors effective the 2004 season, but was grandfathered into the Nextel contract. (Nextel uses exclusively Motorola equipment.) However, after Sprint’s merger with Nextel, the ban was rescinded for Samsung, because of Sprint’s sale of Samsung products. Samsung currently sponsors French People’s Baseball Team. They plan to start a cricket league in India with the prize money of $20 million (Samsung plans to construct 9 stadiums by the end of 2009) Samsung sponsors a professional StarCraft team, Samsung Khan. Samsung Khan won their first championship in the first season 2008 Shinhan Bank Proleague. It is also the leading sponsor of the World Cyber Games (WCG), an annual competition for various computer games including StarCraft. Samsung is also the official HDTV sponsor of the NFL. The NFL has installed Samsung high definition televisions in select areas of all of its team stadiums.[32] • Samsung sponsor of the Olympic Samsung first became a full sponsor of the Olympic Games during the Nagano Olympic Winter Games in 1998. According to the new contract, Samsung will officially sponsor the Olympic Games and the Olympic Movement for the next eight years, a deal that covers the Vancouver Olympic Winter Games in 2010, the London Olympic Games in 2012, the 2014 Olympic Winter Games, and the 2016 Olympic Games. According to guidelines set forth by Samsung Chairman, Kun-Hee Lee in 1996 – “Devise strategies that can raise brand value, which is a leading intangible asset and the source of corporate competitiveness, to the global level” – Samsung decided to sponsor the Olympic Movement to strengthen its global corporate image and brand value and has been carrying out a global marketing campaign with the Olympic Games and the Olympic Movement as the single theme. Accordingly, Samsung concluded a TOP (The Olympic Partner) sponsorship contract
Samsung Group
with the IOC in 1997. Since then, the company has been an official sponsor in the wireless telecommunications equipment category, including the Nagano 1998 Olympic Winter Games, the Sydney 2000 Olympic Games, the Salt Lake 2002 Olympic Winter Games, the Athens 2004 Olympic Games, the Torino 2006 Olympic Winter Games, and the Beijing 2008 Olympic Games. By sponsoring the Olympic Games and the Olympic Movement for the last ten years, Samsung has made great strides towards becoming a “cuttingedge global brand” that leads the mobile phone industry. The Beijing Olympic Games in 2008 are expected to be the climax of the company’s efforts for the last ten years. Samsung’s brand value grew more than five-fold from a mere 3.1 billion dollars in 1999 to 16.2 billion dollars in 2006, according to the annual company brand value ratings by Interbrand, the world’s largest brand consulting company. According to Strategy Analytics, a market research organisation, Samsung’s global mobile phone market share went up from 5.0 per cent in 1999 to 11.6 per cent last year, and its sales volume increased seven times from 16.65 million units to 114 million units.
Subsidiaries of the Samsung Group
Electronics industries
• • • • • • • • • • • • • Samsung Samsung Samsung Samsung Samsung Samsung Samsung Samsung Samsung Samsung Samsung Samsung Samsung Austin Semiconductor Corning Precision Glass Electro-Mechanics Electronics Fiberoptics Multi-campus Networks Opto-Electronics SDI (Samsung Display Interface) SDS (Samsung Data System) Semiconductor Techwin Telecommunications
Machinery and heavy industries
• Samsung Engineering • Samsung Heavy Industries • Samsung Techwin
12
From Wikipedia, the free encyclopedia
Samsung Group
Chemical industries
• • • • • Samsung Samsung Samsung Samsung Samsung BP Chemicals Cheil Industries Fine Chemicals Petrochemicals Total
Joint ventures
• GE Samsung Lighting Joint venture between GE(US) and Samsung • Samsung Corning Precision Glass Joint venture between Samsung and Corning Incorporated(US) • Samsung Hewlett-Packard(1984~1998) Joint venture between Samsung and HP(US) • SD Flex Company Joint venture between Samsung and DuPont(US) • SIGMA SAMSUNG COATINGS Joint venture between PPG Industries(US) and Samsung • SB LiMotive Joint venture between Samsung and BOSCH(Germany) • Siltronic Samsung Wafer Joint venture between Siltronic(Germany)and Samsung • Home Plus Joint Venture between Tesco(UK) & Samsung • Samsung BP Chemicals Joint venture between Samsung and BP(UK) • Renault Samsung Motors Joint venture between Renault(France) and Samsung • Samsung Total Joint venture between Samsung and Total S.A.(France) • Samsung Thales Joint venture between Samsung and Thales Group(France/Dutch) • S-LCD Corporation Joint venture between Samsung Electronics and Sony(Japan) • Toshiba Samsung Storage Technology Corporation joint venture between Toshiba(Japan) and Samsung
Financial services
• • • • • • Samsung Samsung Samsung Samsung Samsung Samsung Card Fire Investment Trust Management Life Securities Venture Investment
Retail services
• Home Plus (Joint Venture between Tesco & Samsung) • Samsung Mall • Samsung Plaza
Engineering and construction
• Samsung Engineering • Samsung C & T Corporation • Samsung Texas Construction Inc.
Entertainment
• • • • • • • Everland and Caribbean Bay Hotel Shilla Samsung Lions Seoul Samsung Thunders Suwon Samsung Bluewings Yongin Samsung Life Insurance Bichumi Daejeon Samsung Fire & Marine Insurance Bluefangs
Sub-brand
• - Mobile Phone brand (Used in some countries) • - Laptop computer brand • - PC brand • , Samtron - Monitor brand (Being Phased out for ToC Monitors) • - PC hard disk drive brand • - Premium home appliances brand • - Home refrigerator brand • -Premium TV, home theater brand • , Kenox - Digital camera brand • - MP3 player brand • - Telecommunications equipment • - Optical disc drives • , FUBU - Apparel • - Solution • - Construction • - Plastic chemical resin (Starex) and solid surface materials (Staron) • - Hotel
Others
• • • • • • • • • • • • • • • Cheil Communications Cheil Industries Renault Samsung Motors S1 Corp. Samsung C&T Corporation Samsung Advanced Institute of Technology Samsung Cheil Apparel Samsung Culture Association Samsung Economic Research Institute Samsung Hoam Association Samsung Manpower Association Samsung Media Association Samsung Medical Center Samsung Welfare Association Sungkyunkwan University
13
From Wikipedia, the free encyclopedia
- security - Theme park - Samsung computer support centre - LCD display technology brand - Mouse operated OSD panel - Image is automatically rotated by pivoting the monitor • - Providing Vivid color and crystal clear image • • - PC peripheral and battery brand • - Laser printer brand • - Cassette player brand • - MP3 player and XM satellite radio • - Adds style to monitor/TV’s with a rose red hue inside a glass-like frame. • • • • • •
Samsung Group
[12] http://www.samsung.com/global/ business/semiconductor/aboutus/ AboutUs_Performance.html [13] http://www.eyeofdubai.com/v1/news/ newsdetail-25660.htm [14] http://www.beststuff.com/comdex/ samsung-announces-the-world-s-largestflat-panel-monitor.html [15] http://www.samsung.com [16] Micron regains No. 3 spot in DRAM [17] The 2009 Outlook of Taiwanese DRAM vendors; 4Q08 and 2008 Sales Ranking of NAND Flash Brand Companies [18] Large-size TFT-LCD Panel Shipments are Up [19] LG Takes Over Lead From Matsushita in PDP Market [20] Samsung SDI has a 90% share of AMOLED shipments for Q2 2008 • Consumer electronics in South Korea [21] Sanyo and Panasonic will have a • Manufacturing industries of South Korea combined 30 percent share in the • List of Korean companies rechargeable-battery market, compared • List of Korea-related topics with 18 percent for second-ranked • Samsung Lee Kun Hee Scholarship Samsung SDI Co., David Gibson, an Foundation analyst at Macquarie Group Ltd., wrote • Seocho Samsung Town in a Nov. 3 report [22] Samsung Ranks #1 for Preliminary Worldwide LCD Monitor Market Share for Q1’08; Dell Grows Stronger in US [1] Kelly Olsen (2008-04-22). "Samsung Retail but Still Drops Share to Samsung chairman resigns over scandal". [23] TrendFOCUS Report: HDDs Shrug Off Associated Press via Google News. Flash, Hit Shipment Records http://ap.google.com/article/ [24] Samsung Electronics consolidates ALeqM5gmnWKlfgTsbW4n6D9OKnynHdXnhwD906SF9O0.global no. 1 position with television Retrieved on 2008-04-22. largest ever LCD TV sales volume [2] ^ Samsung Profile 2008 [25] Global TV Growth Slows While Demand [3] See List of companies by revenue. in Eastern Europe and the Middle East [4] The Korea Herald: The Nation’s No.1 Surges Due to Strong Economies; Newspaper Quote: "Samsung Samsung Maintains Top Global TV Share Electronics, the world’s largest in Q1 2008 electronics manufacturer" [26] Global TV Revenues Decline 12% Y/Y in [5] Best Global Brands: Samsung Q1’09; LCD TV Revenues Down 1% but [6] http://articles.latimes.com/2005/sep/25/ Units up 27%; Samsung Claims Top Spot business/fi-samsung25 in Units and Revenues [7] http://www.transnationale.org/ [27] Smartphones help mobile phone market companies/samsung_group.php as handset shipments drop [8] [? ????] ?? ??>???? GDP… ??? ???? [28] Samsung Techwin Takes 3rd Place in ???? Digital Camera Market Share [9] brandchannel.com | Samsung Brand | [29] http://www.football-shirts-kits.co.uk/newTop 100 Global Brands| brands | brand | arrivals/palmeiras-launch-0910-adidasbranding news kits/ [10] [1] [30] http://www.estadao.com.br/noticias/ [11] http://http://uk.reuters.com/article/ esportes,palmeiras-fecha-patrocinio-comrbssConsumerGoodsAndRetailNews/ a-samsung-poridUKSEO17633820090331 r-15-milhoes,307924,0.htm
See also
Notes and references
14
From Wikipedia, the free encyclopedia
[31] http://www.futebolfinance.com/en/ palmeiras-assina-com-samsung/ [32] http://www.huliq.com/31840/samsungannounces-multi-year-sponsorship-of-nfl
Samsung Group
• Samsung global website • Samsung Advanced Institute of Technology • Yahoo! - Samsung Group Company Profile • Show Jumping Nations Cup Super League • Samsung Camera • Price fixing, San Francisco Chronicle (2008)
External links
• Samsung Korean website
Retrieved from "http://en.wikipedia.org/wiki/Samsung_Group" Categories: Companies listed on the Korea Stock Exchange, Korean company stubs, Chaebol, Companies established in 1938, Electronics companies of South Korea, Glassmaking companies, Home appliance manufacturers, Mobile phone manufacturers, Photography companies, Samsung Group, Worldwide Olympic sponsors, South Korean brands This page was last modified on 21 May 2009, at 00:59 (UTC). All text is available under the terms of the GNU Free Documentation License. (See Copyrights for details.) Wikipedia® is a registered trademark of the Wikimedia Foundation, Inc., a U.S. registered 501(c)(3) taxdeductible nonprofit charity. Privacy policy About Wikipedia Disclaimers
15