|Mar 16, 2018|
|Mar 16, 2018|
Currency in KRW
|Full time employees:||--|
Samsung Electronics Co., Ltd. engages in the manufacturing and selling of electronics and computer peripherals. The company operates through following business divisions: Consumer Electronics, Information Technology & Mobile Communications and Device Solutions. The Consumer Electronics business division provides cable television, monitor, printer, air-conditioners, refrigerators, washing machines and medical devices. The Information Technology & Mobile Communications business division offers handheld products, communication systems, computers and digital cameras. The Device Solutions business division comprises of memory, system large scale integrated circuit and light emitting diode. The company was founded on January 13, 1969 and is headquartered in Suwon, South Korea.
Samsung Electronics is South Korea's largest company, with its core business semiconductors and electronic products. The company has an overwhelming presence in South Korea and exerts a strong influence over every sector. The success of its smartphone business has boosted the Samsung brand power overseas. In 2012, Samsung was ranked ninth in U.S. company Interbrand's best global brands survey. It was the highest ranking among Asian companies, overtaking Toyota Motor.
The business was founded in 1969 as part of the Samsung group, which had started out as a trading and textile company. Last year the company's owner and chairman, Lee Kun-hee, a son of the founder, collapsed from a heart attack. His son, Lee Jae-yong, who is vice chairman, took over the management of the company. As Jae-yong has no brothers, he is expected to succeed his father as chairman.
Samsung group's structure is complicated, with its companies holding each other's shares. The largest shareholder of Samsung Electronics is Samsung Life Insurance, but Cheil Industries, the top shareholder of Samsung Life Insurance, is considered to be the de facto holding company of the group. As of the end of 2014, Vice Chairman Lee Jae-yong owned 23.23% of Cheil Industries, indicating a generational shift has fairly progressed in terms of ownership.
While the semiconductor business continues to generate high profits, the smartphone operation, which has been behind the company's rapid growth over the past several years, fares poorly these days. The company still makes high profits as a manufacturer, but needs to explore new businesses to get its growth back on track.
In the news
March 16, 2018 8:45 pm JST
Persisting concerns over Trump's trade policies also hurt equities
March 16, 2018 8:43 pm JST
Nikkei Asia300 companies reap historic profits as tech demand booms
March 16, 2018 3:20 pm JST
Tokyo Electron and Canon boost capacity despite smartphone slump
March 16, 2018 1:30 pm JST
March 16, 2018 11:39 am JST
Chief seeks to prevent low-end products from causing supply glut
March 16, 2018 1:24 am JST
- Local currency
- US Dollar
|Income before tax||56,195.96B|
|Dividends per share||42,500|
|Operating cash flow||62,162.04B|
Currency in KRW
|Income before tax||49,708.49M|
|Dividends per share||37.59|
|Operating cash flow||54,985.82M|
Currency in USD
- Vice Chairman, President & Co-CEO: Kinam Kim
- Co-President & Co-Chief Executive Officer: Hyun-Suk Kim
- Co-President & Co-Chief Executive Officer: Dongjin Koh
- Chief Financial Officer: Hee-Chan Roh
- Executive Director & Head-Compliance Team: Sang-Ju Lee
- National Pension Service of Korea(10.0%)
- Samsung Life Insurance Co., Ltd.(8.2%)
- Samsung Electronics Co., Ltd.(7.5%)
- Samsung C&T Corp.(4.6%)
- LEE KUN HEE(3.8%)
- Capital Research & Management Co. (Global Investors)(2.5%)
- Capital Research & Management Co. (World Investors)(2.1%)
- BlackRock Fund Advisors(1.6%)
- The Vanguard Group, Inc.(1.6%)
- Samsung Fire & Marine Insurance Co., Ltd.(1.4%)
- Website: http://www.samsung.com
- Address: 129 Samsung-ro, Yeongtong-gu, Suwon, 16677, South Korea
- Phone: +22.214.171.1244
Copyright © 2018 FactSet Research Systems Inc. All rights reserved.