Companies Owned By Samsung Electronics

Samsung Electronics Co. Ltd. (005930), based in South Korea, is one of the world's largest electronics companies. The largest business owned by the Samsung Group, which is one of the most popular chaebols in Korea. Chaebols are powerful comglomerates whose businesses are controlled by a single family descent and who often receive beneficial tax treatment and government subsidies. Although chaebols are facing increasing criticism about its patent structure and involvement in corruption scandals, they have played a key role in South Korea's rapid growth from the agricultural economy to one of the world's largest productive and technologically advanced economies. Samsung Electronics, founded in 1969, began during the early years of this revolution and soon became one of the pillars of the South Korean economy.

Samsung today manufactures popular products such as the Galaxy line for smartphones, tablets, and laptops. The company also sells industrial electrical products including electronics, semiconductors, memory chips, and integrated systems.3 In 2019, the company reported $ 18.7 billion in annual revenue of $ 197.7 billion. The won-to-U.S. exchange rate. Korean KRW / USD = 0.000822839 from Jun. 17, 2020

Over the past 5 decades, Samsung Electronics has expanded primarily with internal growth. But in recent years, the company has made significant purchases to consolidate and accelerate its expansion, including cloud computing and artificial intelligence. Several of these agreements focus on technology to meet the growing demand for products and services. related to Internet of Things (IoT). We look at five of these detailed findings below. Samsung provides revenue and operational benefits for each of these acquisitions.

Harman International Industries

Nature of Business: Audio, Visual, and Communication Company

Acquisition Price: $ 8 billion (announced)

Acquisition Date: March. 11, 2017 (completed) 7

Annual Income (2019): $ 8.3 billion (based on KRW / USD = 0.000822839 as of June 17, 2020) 8

Annual Performance Profit (2019): $ 265.2 million (based on KRW / USD = 0.000822839 as of June 17, 2020)

Samsung Electronics Diversity & Inclusiveness Transparency

As part of our effort to raise awareness of the importance of diversity in companies, we have highlighted Samsung Electronics' commitment to diversity, inclusion, and social responsibility. The chart below shows how Samsung Electronics reports the diversity of its management and employees. This shows when Samsung Electronics discloses data about the diversity of its board of directors, C-Suite, general management, and general staff, in various brands. Show us the ✔ light