Samsung Electronics
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Samsung Electronics Co., Ltd. is a South Korean multinational electronics company headquartered in Suwon, South Korea. It is a flagship subsidiary of the Samsung Group, accounting for approximately 70% of the group's revenue in 2012. Samsung Electronics has played a key role in the group's corporate governance due to circular ownership. Samsung Electronics has assembly plants and sales networks in 74 countries and employs around 290,000 people.
History[edit | edit source]
Samsung Electronics was founded as a separate entity from the larger Samsung Group in 1969 in Suwon, South Korea. Initially, the company produced television sets, microwave ovens, and other consumer electronics. In the 1980s, Samsung entered the semiconductor business, producing its first integrated circuits for the television industry. By the 1990s, Samsung had diversified into mobile phones and computing hardware.
Products[edit | edit source]
Samsung Electronics' product range covers:
- Mobile phones, including the popular Galaxy S series
- Tablet computers, notably the Galaxy Tab series
- Televisions, with innovations in LCD and LED technology
- Semiconductors, including DRAM and flash memory
- Home appliances, such as refrigerators, washing machines, and air conditioners
Innovation and Market[edit | edit source]
Samsung Electronics is known for its innovation in the consumer electronics market, having introduced the Galaxy series of smartphones, which compete directly with Apple's iPhone. The company is also a leader in the global semiconductor market, particularly in DRAM and NAND flash production.
Controversies[edit | edit source]
Samsung Electronics has faced various controversies, including patent lawsuits with Apple, issues related to labor rights, and concerns over the environmental impact of its manufacturing processes.
See Also[edit | edit source]
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