Background

Founded in 1938, Samsung Electronics is designer, manufacturer and producer of Semiconductors in form of NAND and DRAM memory products used in consumer electronic devices.

It also produces popular Galaxy smartphones, consumer electronics such as OLED TVs, refrigerators as well as panel displays such as TFT and LCD screens.

Business Description

Samsung Electronics business can be divided into four main divisions.

Semiconductor division produces DRAM and NAND memory products for use in computers, SSD storage and mobile appliances. Its newest 3-D NAND technology is considered to be one of the leaders in the market.

IT & Mobile Communication business comprises mobile phones, communication systems and computers. Samsung flagship smartphone model Galaxy S8 is one of the top-selling handsets in the world. New Galaxy S9 smartphone should come to the market in March 2018.

Consumer electronics produces and distributes products such as TVs, monitors, refrigerators, washing machines, air conditioners, medical devices and others. TV is the core product of the division with technologies such as LED TV and Smart TV.

Samsung’s display panel business includes TFT and LCD high resolution and energy efficient displays. One of the technologies that the company is famous for is OLED display which works without the backlight and produces thinner and lighter solutions than LCD.

Leadership

Kwon Oh-hyun currently serves as Chairman and CEO of Samsung Electronics. He also holds other board memberships e.g. in Samsung Display Co., Ltd. and has worked in the Samsung group for an extended period of time. His education consists of a Ph.D. from Stanford University, US along with Bachelor’s and Master’s degrees in Electrical Engineering.

World Class Benchmarking

Profitable Growth has risen to #2 in the past 12 months after being stable at #3 since 2014. Samsung Electronics ranked among the top 136 of 680 large Information Technology companies worldwide.