Samsung Electronics

Samsung Electronics Co., Ltd.
Native name
삼성전자 주식회사
Hanja
三星電子株式會社
Revised RomanizationSamseong Jeonja Jusikhoesa
FormerlySamsung Electric Industries (1969–1988)
Company typePublic
ISINKR7005930003
Industry
Founded13 January 1969 (1969-01-13) in Suwon, South Korea
HeadquartersSamsung Digital City, Samsungno 129, Maetan-dong, ,
South Korea[1]
Area served
Worldwide
Key people
ProductsSee products listing
RevenueIncrease US$220.726 billion (2024)
Increase US$24.008 billion (2024)
Increase US$25.274 billion (2024)
Total assetsIncrease US$377.473 billion (2024)
Total equityIncrease US$295.058 billion (2024)
Owners
Number of employees
270,372 (2023)
ParentSamsung
Subsidiaries
Websitesamsung.com
Footnotes / references
Financials as of fiscal year ended 31 December 2024.
References:[3]
Samsung Electronics quarterly results:
CE: Consumer electronics
DS: Device solutions
IM: IT & mobile communications

Samsung Electronics Co., Ltd. (SEC; stylised as SΛMSUNG; Korean삼성전자; RRSamseong Jeonja; lit. Tristar Electronics) is a South Korean multinational major appliance and consumer electronics corporation founded on 13 January 1969 and headquartered in Yeongtong District, Suwon, South Korea.[1] It is currently the pinnacle of the Samsung chaebol, accounting for 70% of the group's revenue in 2012,[4] and has played a key role in the group's corporate governance due to cross ownership.[5] It is majority-owned by foreign investors.[6][7]

Samsung is the world's second largest manufacturer of smartphones ranked second to Apple's iPhone. Samsung is best known for its Samsung Galaxy brand including the Samsung Galaxy S series which was first produced in 2010. It has developed 5G-capable smartphones, including the Galaxy S25,[8] and foldable phones, including the Galaxy Z Fold 6.[9] The company is a major vendor of tablet computers, particularly its Android-powered Samsung Galaxy Tab collection and is regarded for developing the phablet market with the Samsung Galaxy Note family of devices.[10]

Samsung Electronics is also a major manufacturer of electronic components such as lithium-ion batteries, semiconductors, image sensors, camera modules, and displays for clients such as Apple, Sony, HTC, and Nokia.[11][12] It is also the world's largest semiconductor memory manufacturer[13] and from 2017 to 2018, was the largest semiconductor company in the world, briefly dethroning Intel, the decades-long champion.[14] Samsung Electronics has assembly plants and sales networks in 76 countries and employs more than 260,000 people.[15] In 2024, Samsung Electronics lost its #1 position in global smartphone shipments and semiconductor sales.[16]

  1. ^ a b "Articles of incorporation". Samsung. Archived from the original on 8 May 2016.
  2. ^ "SAMSUNG ELECTRONICS CO., LTD. (A005930) – Company". www.marketscreener.com. Retrieved 8 December 2021.
  3. ^ Samsung Electronics Financial Statements (PDF), Samsung Electronics, 18 February 2025, archived (PDF) from the original on 27 March 2025, retrieved 27 March 2025
  4. ^ "Samsung Global Strategy Group 2013" (PDF). Archived from the original (PDF) on 2 May 2014. Retrieved 4 March 2014.
  5. ^ Kim, Gil; Keon Han; Minseok Sinn; Hyung Cho; Ray Kim (18 June 2014). "Korea Market Strategy – How to untangle Samsung group's ownership?". Credit Suisse. p. 36. Archived from the original on 5 February 2016. Retrieved 22 November 2015.
  6. ^ "Ownership Structure │ Stock │ Investor Relations │ Samsung Global". Samsung global.
  7. ^ Young-Sil, Yoon (8 May 2019). "Foreign ownership of Samsung Electronics Reaches All-time High of 57.33%". Businesskorea.
  8. ^ "Galaxy S25 Series". Samsung Electronics. Retrieved 27 March 2025.
  9. ^ "[Galaxy Unpacked 2024] A Look Inside the Galaxy Z Fold6". Samsung Electronics. Retrieved 27 March 2025.
  10. ^ "Samsung gains tablet market share as Apple lead narrows". BBC News. 1 February 2013. Archived from the original on 28 September 2018. Retrieved 26 July 2013.
  11. ^ "Apple spent nearly $5.7 billion on Samsung parts in 2010, faces 'strong' response to its patent suit". Engadget. 19 April 2011. Archived from the original on 23 October 2013. Retrieved 7 May 2013.
  12. ^ "HTC ditches Samsung components for other suppliers, à la Apple". TechRadar. 10 October 2012. Archived from the original on 8 May 2013. Retrieved 7 May 2013.
  13. ^ "50 Things You Didn't Know About Samsung It's also been the world's largest supplier of memory chips over the past 20 years..." Complex. Archived from the original on 29 April 2017. Retrieved 19 June 2017.
  14. ^ Vanian, Jonathan. "Samsung Dethrones Intel As World's Biggest Chip Maker". Fortune. Archived from the original on 29 July 2017. Retrieved 29 July 2017.
  15. ^ "Fast Facts: Samsung Global Newsroom". Samsung Electronics. Retrieved 6 October 2024.
  16. ^ 옥, 기원 (18 January 2024). 추격당한 삼성전자…스마트폰 이어 반도체도 '글로벌 1위' 뺏겼다. The Hankyoreh (in Korean). Retrieved 11 November 2024.

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