Samsung Electronics: the dominant player.Just a decade ago, Samsung Electronics Samsung Electronics (SEC, Hangul:삼성전자; KSE: 005930, KSE: 005935, LSE: SMSN, LSE: SMSD) is a South Korean multinational corporation and the world's largest and leading electronics and information technology company. was a follower. Today, it's a world-class leader that even Sony want to emulate, judging from the joint venture it recently inked with the Korean company. Samsung Electronics is the world's No. 1 memory chip manufacturer with 32 percent share of the world market and the leader in flash memory. It is the biggest manufacturer of liquid-crystal display panels with 23 percent share. Overall, it's the world's second largest semiconductor company behind Intel. It is also the world's fastest growing brand. The company recently edged out Motorola to become the world's second largest cell phone maker with nearly 15 percent market share, ranking only behind Nokia. It is now a leader in flat-screen TVs. Started as a maker of TVs and transistor radios in 1969, Samsung expanded into a vertically integrated company making everything from semiconductors to finished branded products. Lee Kun Hee, who took over the reins of the overall Samsung group The Samsung Group is South Korea's largest conglomerate (chaebol), composed of numerous businesses, including Samsung Electronics, the world's largest electronics company[1] from his father in 1987, is credited with making the company a global leader in semiconductors, consumer electronics and telecommunications. Last year, even arch-rival Sony asked to team up with Samsung to build a seventh-generation LCD display plant in Korea. [ILLUSTRATION OMITTED] What's gotten Samsung to where it is today is its focus on research and development. More than 8 percent of Samsung's revenues are spent on R & D compared to about 5 percent for some of its Japanese rivals. Samsung also outspends its rivals on new investments. This year, it plans to spend over $7 billion to build new state-of-the-art plants. The company has been investing not just on cutting-edge technology, but also on product design and on building its brand. Its phones, TVs, rice cookers For the car modification term, see . A rice cooker or rice steamer is a self-contained electrical appliance, used primarily for cooking rice. There are also microwave, gas, and open flame variants. and washing machines (storage) washing machine - An old-style 14-inch hard disk in a floor-standing cabinet. So called because of the size of the cabinet and the "top-loading" access to the media packs - and, of course, they were always set on "spin cycle". aren't just cutting edge--they also have the coolest design. For the future, Vice Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Yun Jong Noun 1. Jong - United States writer (born in 1942) Erica Jong Yong is focusing on next-generation mobile communications, digital TVs and telematics Originally coined to mean the convergence of telecommunications and information processing, the term later evolved to refer to automation in automobiles. GPS navigation, integrated hands-free cellphones, wireless communications and automatic driving assistance systems all come under the , along with its bread-and-butter semiconductors and LCD display divisions. |
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