Samsung Electronics quarterly results: CE: Consumer electronics DS: Device solutions IM: IT & mobile communications
Samsung Electronics Co., Ltd. (Korean: 삼성전자; Hanja: 三星電子; RR: Samseong Jeonja; lit. Tristar Electronics; sometimes shortened to SEC and stylized as SΛMSUNG) is a South Korean multinational major appliance and consumer electronics corporation headquartered in Yeongtong-gu, Suwon, South Korea.[1] It is currently the pinnacle of the Samsungchaebol, accounting for 70% of the group's revenue in 2012.[4]
Samsung Electronics has played a key role in the group's corporate governance due to cross ownership.[5] Samsung Electronics has assembly plants and sales networks in 74 countries and employs more than 270,000 people.[6] It is majority-owned by foreign investors.[7][8] As of 2019,[update] Samsung Electronics is the world's second-largest technology company by revenue, and its market capitalization stood at US$520.65 billion, the 12th largest in the world.[9]
In 2012, Kwon Oh-hyun was appointed the company's CEO. He announced in October 2017 that he would resign in March 2018, citing an "unprecedented crisis".[19][20][21] The company had three CEOs (Ki Nam Kim, Hyun Suk Kim, and Dong-Jin Koh) from March 2018[22][23] until December 2021, when the business units were reorganized and they were replaced by Kyung Kye-Hyun and Han Jong-hee.[24][25] It has also had a separate regional CEO, HC Hong, who led the business in Southwest Asia since 2015 and then moved to Latin America in 2020.[26][27][28]
^"Samsung Number 1 Soundbar Brand". news.samsung.com/global/samsung-soundbar-ranks-no-1-in-global-sales-for-9-consecutive-years. Retrieved 12 February 2024.