89 Facts About Samsung Electronics


Samsung Electronics has played a key role in the group's corporate governance due to circular ownership.

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Samsung Electronics has assembly plants and sales networks in 74 countries and employs around 290, 000 people.

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Samsung Electronics is 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.

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Samsung Electronics 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.

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Samsung Electronics has been the world's largest television manufacturer since 2006, and the world's largest manufacturer of mobile phones since 2011, when it surpassed Apple up until 2021.

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Samsung Electronics announced in October 2017 that he would resign in March 2018, citing an “unprecedented crisis”.

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Samsung Electronics had 3 CEOs from March 2018 until December 2021, when the business units were reorganized, and they were replaced by Kyung Kye-Hyun and Han Jong-hee.

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At the time, Samsung Electronics Group was known to the South Korean public as a trading company specialized in fertilizers and sweeteners.

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The strategy was able to take off only after the government and Samsung Electronics declared that the company would exclusively focus on exports.

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In 1970, Samsung Electronics established the joint venture Samsung Electronics-NEC with Japan's NEC Corporation and Sumitomo Corporation to manufacture home appliances and audiovisual devices.

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In 1974, Samsung Electronics Group expanded into the semiconductor business by acquiring Korea Semiconductor, which was on the verge of bankruptcy whilst building one of the first chip-making facilities in the country at the time.

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One year later, Samsung announced that it successfully developed a 64 kb DRAM, reducing the technological gap between the companies from first-world countries and the young electronics maker from more than a decade to approximately four years.

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In 1988, Samsung Electronics launched its first mobile phone in the South Korean market.

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Samsung Electronics shelved the production of many under-selling product lines and instead pursued a process of designing and manufacturing components and investing in new technologies for other companies.

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Samsung Electronics's objective was to build Samsung design capabilities as a competitive asset and transform the company into a global brand-design leader.

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Samsung Electronics had a number of technological breakthroughs, particularly in the field of memory which are commonplace in most electrical products today.

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In 2004, Samsung Electronics developed the world's first 8GB NAND flash memory chip, and a manufacturing deal was struck with Apple in 2005.

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From 2000 to 2003, Samsung Electronics posted net earnings higher than five-percent; this was at a time when 16 out of the 30 top South Korean companies ceased operating in the wake of the unprecedented crisis.

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In 2005, Samsung Electronics surpassed its Japanese rival Sony for the first time to become the world's twentieth-largest and most popular consumer brand, as measured by Interbrand.

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In 2007, Samsung Electronics became the world's second-largest mobile-phone manufacturer, overtaking Motorola for the first time.

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In December 2010, the EU granted immunity to Samsung Electronics for acting as an informant during the investigation.

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Samsung Electronics has 24 research-and-development centers around the world, and since the early 2000s and in Vision 2020, Samsung has emphasized technical research and development.

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In May 2013, Samsung Electronics announced that it had finally managed to test speed-enhanced fifth-generation technology successfully.

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In July 2013, Samsung Electronics forecasted weaker than expected profits for its April to June quarter.

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The Samsung Electronics executive confirmed that a 64-bit smartphone handset will be released to match the ARM-based A7 processor of Apple's iPhone 5s model that was released in September 2013.

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On 17 April 2014, Samsung Electronics announced it was discontinuing its ebook store effective 1 July 2014 and had partnered with Amazon to introduce the Kindle for Samsung Electronics app, that will permit Galaxy device users using Android 4.

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On 27 March 2015, Samsung Electronics announced that they sold their headquarters in Roppongi T-Cube to Mitsui Fudosan with staff already relocated to Iidabashi.

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In May 2015, Samsung Electronics announced a partnership with IKEA, in accordance with the Wireless Power Consortium, to co-develop furniture that would allow Qi inductive charging at the Mobile World Congress.

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On 16 June 2016, Samsung Electronics announced that it agreed to acquire cloud-computing company Joyent.

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On 6 April 2017, Samsung Electronics reported that financials were up for the company in the quarter.

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On 2 May 2017, Samsung Electronics has been given permission from the Ministry of Land, Infrastructure, and Transport of Korea to start testing a self-driving car technology.

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On 24 November 2021, Samsung Electronics announced that it would build a new semiconductor manufacturing facility in Taylor, Texas.

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On 7 December 2021, Samsung Electronics announced the merger of the mobile and consumer electronics divisions.

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In late January 2022, Samsung Electronics posted its highest fourth-quarter profit since before the COVID-19 pandemic, largely because of strong chip sales amid the global semiconductor shortage and a small increase in mobile phone sales.

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In March 2022, amid Russian invasion of Ukraine Samsung pledged $5 million to the Ukrainian Red Cross Society and other charities in addition to $1 million worth of personal electronics donated to the people of Ukraine.

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On March 4, 2022, Samsung Electronics suspended the shipments of all its products to Russia because of the Russian aggresion towards Ukraine.

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In mid-November 2021, Samsung Electronics was ranked second in the 'Best Global Brands' by YouGov a market research firm, after placing fourth in the 2020 ranking.

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Samsung Electronics slid seven notches from the 2021 rankings due to global inflation, the war in Ukraine, and global monetary tightening.

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Samsung Electronics Print was established in 2009 as a separate entity to focus on B2B sales and released a broad range of multifunctional devices, printers, and more.

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Samsung Electronics produces LCD and LED panels, mobile phones, memory chips, NAND flash, solid-state drives, televisions, digital cinemas screen, and laptops.

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In October 2007, Samsung Electronics introducing a ten-millimeter thick, 40-inch LCD television panel, followed in October 2008 by the world's first 7.

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In 2009, Samsung Electronics succeeded in developing a panel for forty-inch LED televisions, with a thickness of 3.

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On 6 September 2013, Samsung Electronics launched its 55-inch curved OLED TV in the United Kingdom with John Lewis.

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In October 2013, Samsung Electronics disseminated a press release for its curved display technology with the Galaxy Round smartphone model.

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That year Samsung Electronics released at least 43 Android phones or tablets and two Windows Phones.

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Samsung Electronics overtook Apple in worldwide smartphone sales during the third quarter 2011, with a total market share of 23.

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Samsung Electronics became the world's largest cellphone manufacturer in 2012, with the sales of 95 million in the first quarter.

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In 2019, Samsung Electronics announced that it has ended production of mobile phones in China, due to lack of Chinese demand.

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In May 2022, Samsung Electronics announced the company had expanded the Samsung Knox enterprise mobile security platform with the introduction of Samsung Knox Guard.

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Samsung Electronics has been the world's largest memory chip manufacturer since 1993, and the largest semiconductor company since 2017.

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Since the early 1990s, Samsung Electronics has commercially introduced a number of new memory technologies.

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Since then, Samsung Electronics has been a leader in semiconductor device fabrication.

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Gartner analysts said in their report, "Samsung Electronics cemented its leading position by taking a 35-percent market share.

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In 2010, market researcher IC Insights predicted that Samsung Electronics would become the world's-biggest semiconductor chip supplier by 2014, surpassing Intel.

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For 2015, IC Insights and Gartner announced that Samsung Electronics was the fourth largest chip manufacturer in the world.

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Samsung Electronics eventually surpassed Intel to become the world's largest semiconductor company in 2017.

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Samsung Electronics produces consumer portable SSDs using a USB-C USB 3.

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Samsung Electronics launched its first full HD 3D LED television in March 2010.

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Samsung Electronics sold more than one million 3D televisions within six months of its launch.

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In 2007, Samsung Electronics introduced the "Internet TV", enabling the viewer to receive information from the Internet while at the same time watching conventional television programming.

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Samsung Electronics later developed "Smart LED TV", which additionally supports downloaded smart television apps.

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Samsung Electronics Apps offers for-fee premium services in a few countries including Korea and the United States.

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In 2019, Samsung Electronics announced that they will be bringing the Apple TV app and AirPlay 2 support to its 2019 and 2018 smart TVs (via firmware update).

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Samsung Electronics has introduced several models of digital cameras and camcorders including the WB550 camera, the ST550 dual-LCD-mounted camera, and the HMX-H106.

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Samsung Electronics entered the MP3 player market in 1999 with its Yepp line.

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Samsung Electronics launched the world's-smallest DivX MP3 player, the R1, in 2009.

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Samsung Electronics has started opening dedicated stores to showcase their goods.

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Samsung Electronics has various service stores throughout all of South Korea, which have showcases of various Samsung Electronics products available for purchase, and have repair centers for those items.

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Samsung Electronics has 3 other Samsung Electronics Experience Stores in Canada outside of Toronto.

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Samsung Electronics has opened its Second largest store and all products experience center in the world in Bangalore, Karnataka covering an area of 33, 000 sq ft.

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In December 2010, Samsung Electronics switched its management system from a single CEO-system under Choi Gee-sung to a two-person management team with Choi Gee-sung, CEO and vice chairman, and Lee Jae-Yong, chief operating officer and president.

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The lawsuit was filed on 15 April 2011 and alleges that Samsung Electronics infringed on Apple's trademarks and patents of the iPhone and iPad.

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Best Buy and Samsung Electronics joined together to create the Samsung Electronics Experience Shop, a store that allows customers to test the company's products, and get training in mobile products they already own.

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Samsung Electronics won the awards in five categories including external hard disk, full-touch screen phone, "side-by-side" refrigerator, compact digital camera, and laser printer toner.

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In November 2011, Samsung was ranked seventh out of 15 leading electronics manufacturers with a score of 4.

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In June 2004, Samsung was one of the first major electronics companies to publicly commit to eliminate PVC and BFRs from new models of all their products.

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In 2008, the company was praised for its recycling effort by the U S advocacy group Electronics Take Back Coalition as the "best eco-friendly recycling program".

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In May 2014, Samsung Electronics offered an apology and compensation to workers who became ill.

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Samsung Electronics subsequently did not follow all the recommendations of a specially appointed mediation committee, paid several families outside of a scheme to be agreed on and required them to drop all further charges, prompting SHARPS to continue legal and public action.

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Samsung Electronics received a full reduction of the potential fine for being the first firm to assist EU anti-trust authorities.

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The jury found that Samsung Electronics infringed Apple's patents on iPhone's "Bounce-Back Effect", "On-screen Navigation" (US Patent No 7, 844, 915), and "Tap To Zoom" (US Patent No 7, 864, 163), and design patents that cover iPhone's features such as the "home button, rounded corners and tapered edges" (US D593087) and "On-Screen Icons" (US D604305).

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Some users of the phone have reported swelling batteries and overheating; Samsung Electronics has offered affected customers new batteries, free of charge.

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Samsung Electronics then asked the uploader to sign a legal document requiring him to remove the video, remain silent about the agreement, and surrender any future claims against the company to receive a replacement.

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On 31 August 2016, it was reported that Samsung Electronics was delaying shipments of the Galaxy Note 7 in some regions to perform "additional tests being conducted for product quality"; this came alongside user reports of batteries exploding while charging.

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The CPSC did issue an official recall notice on 15 September 2016, and stated that Samsung received at least 92 reports of the batteries overheating in the U S, including 26 reports of burns and 55 reports of property damage.

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However, Samsung Electronics was hoping to recover from the lost sales from the Note 7 with the introduction of new colors such as the Blue Coral and Black Pearl color for the Galaxy S7 edge.

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Plex denied responsibility for the ads and Samsung Electronics told blog Gigaom that they were investigating the matter.

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In December 2016, Samsung Electronics forced an update to their Smart TV line, which resulted in advertisements being displayed in menus on the updated devices.

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Four days later, the Taiwan division of Samsung Electronics made an announcement stating it would "stop all online marketing strategies which involves publishing and replying in online forums".

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