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Samsung
Samsung means "three stars" in Korean. Samsung Group was founded in March 1938 by Mr. B.C. Lee. His objective was export trade in dried fish, vegetables, and fruit to China. Today, Samsung Group has grown and diversified into one of the largest multinational companies in South Korea.
It has a number of business activities that it manages with its subsidiaries throughout the world. Samsung Group is part of the Fortune 500 group of companies.
Machinery and heavy industries segment covering:
Chemical industries segment covering:
Financial services segment covering:
Other affiliated businesses covering:
The total value of assets held by Samsung Group in fiscal year 2005 was USD $233.8 billion. This was approximately 11.65% higher than in fiscal year 2004.
Value of assets over the last four fiscals (In billion USD).
Net income over the last 4 fiscals (In billion USD)
Samsung Group net income in fiscal year 2005 was USD $9.4 billion. This was approximately 25% less than in fiscal year 2004.
Value of assets over the last 4 fiscals (In billion USD)
Net income over the last 4 fiscals (In billion USD)
Taepyong-Ro,
Chung-Ku,
Seol,
Korea
www.samsung.com
Activities
Samsung Group businesses cover core industrial segments:
Electronics segment covering:- Electronics parts and components
- Next generation memory chips
- Computers and telecommunications equipment
- Color TV picture tubes
- Glass bulbs
- General electronics and precision machines
Machinery and heavy industries segment covering:
- Ship building
- Plant installation
- Construction
- Airplane engines
- Defense equipment
- Optical digital
- Semiconductors
Chemical industries segment covering:
- Petrochemicals
- BP Chemicals
- Fine chemicals
- Cheil industries
Financial services segment covering:
- Life insurance within South Korea
- Fire and marine insurance
- Accident insurance
- Installment financing
- Credit cards
- Securities
- Investment trust management
- Venture capital
Other affiliated businesses covering:
- Hotels and resorts
- Economic research
- Healthcare
- Education and training
Performance:
In fiscal year 2005, Samsung Group recorded revenues of USD $140.9 billion. This was approximately 15.77% higher than in fiscal year 2004.The total value of assets held by Samsung Group in fiscal year 2005 was USD $233.8 billion. This was approximately 11.65% higher than in fiscal year 2004.
Value of assets over the last four fiscals (In billion USD).
Net income over the last 4 fiscals (In billion USD)
Samsung Group net income in fiscal year 2005 was USD $9.4 billion. This was approximately 25% less than in fiscal year 2004.
Value of assets over the last 4 fiscals (In billion USD)
Net income over the last 4 fiscals (In billion USD)
Organization
Samsung Group is headed by Mr. Kun-Hee Lee, Chairman and CEO. The Samsung Group employs over 229,000 globally.The Samsung Group's head office is located at :
16F, 150, 2-Ka,Taepyong-Ro,
Chung-Ku,
Seol,
Korea
www.samsung.com
Last updated on : 30-Mar-2012 5:47 pm
