Samsung Group 삼성그룹
Type	Public (KRXS: 005930, KRXS: 005935)
Founded	1938
Founder	Lee Byung-chul
Headquarters	Seocho Samsung Town in Seoul, South Korea
Key people	Lee Kun-hee: Former Chairman and CEO Lee Soo-bin: Acting president, CEO of Samsung Life Insurance[1]
Industry	Conglomerate
Revenue	▲ $153.2 billion[1] (2006)
Net income	▲ $14.3 billion[2] (2006)
Total assets	▲ $267.4 billion[3] (2006)
Employees	254,000[2] (2008)
Subsidiaries	Samsung Electronics, Samsung Heavy Industries, Samsung Engineering & Construction, etc.
Website	www.samsung.com

The Samsung Group (Korean: 삼성그룹, Samseong Geurup) is South Korea's largest conglomerate (chaebol) and one of the largest super-multinationals in the world leading several major global industries. It is composed of numerous international businesses, all united under the Samsung brand, including Samsung Electronics, the world's largest electronics company^[3], Samsung Heavy Industries, one of the world's biggest shipbuilders and Samsung Engineering & Construction, a major global construction company. These three multinationals form the core of Samsung Group and reflect its name - the meaning of the Korean word Samsung is "tristar" or "three stars". The Samsung brand is the best known Korean brand in the world and in 2005, Samsung overtook Japanese rival Sony as the world's No.1 consumer electronics brand and became part of the Top 20 global brands overall. Samsung Group is also the leader in several other industries domestically, such as the financial, chemical, retail and entertainment industries. Image File history File links Samsung_Logo. ... This article does not cite any references or sources. ... Korea Exchange (KRX) was created through the integration of the three existing Korean spot & futures exchanges (Korean Stock Exchange, Korean Futures Exchange & KOSDAQ) under the Korea Stock & Futures Exchange Act. ... Korea Stock Exchange is the traditional stock market division of Korea Exchange. ... Korea Exchange (KRX) was created through the integration of the three existing Korean spot & futures exchanges (Korean Stock Exchange, Korean Futures Exchange & KOSDAQ) under the Korea Stock & Futures Exchange Act. ... Korea Stock Exchange is the traditional stock market division of Korea Exchange. ... An entrepreneur (a loanword from French introduced and first defined by the Irish economist Richard Cantillon) is a person who operates a new enterprise or venture and assumes some accountability for the inherent risks. ... Lee Byung-chul (February 12, 1910 – November 19, 1987) was the founder of the Samsung Group. ... Image File history File links Flag_of_South_Korea. ... Short name Statistics Location map Map of location of Seoul. ... This is a Korean name; the family name is Lee Lee Kun-Hee (born January 9, 1942) is the current chairman of Samsung Group. ... A Chairman is the presiding officer of a meeting, organization, committee, or other deliberative body. ... Chief Executive Officer (CEO) is the job of having the ultimate executive responsibility or authority within an organization or corporation. ... For the tax agency in Ireland of the same name, see Revenue Commissioners. ... Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. ... In business and accounting an asset is anything owned, whether in possession or by right to take possession, by a person or a group acting together, e. ... This article is about work. ... A subsidiary, in business, is an entity that is controlled by another entity. ... Samsung Electronics (SEC, Hangul:삼성전자; KRXS: 005930, KRXS: 005935, LSE: SMSN, LSE: SMSD) is the worlds largest electronics and information technology company[1], headquartered in Suwon, South Korea. ... Samsung Heavy Industries Ningbo Co. ... Samsung Engineering & Construction (Hangul: 삼성건설 Hanja: 三星建設) is a Korean construction company founded and established in 1977, headquartered in Seongnam, South Korea. ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos or other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML... A conglomerate is a large company that consists of divisions of often seemingly unrelated businesses. ... Chaebol (alternatively Jaebol) refers to a South Korean form of business conglomerate. ... In economics, a business is a legally-recognized organizational entity existing within an economically free country designed to sell goods and/or services to consumers, usually in an effort to generate profit. ... Samsung Electronics (SEC, Hangul:삼성전자; KRXS: 005930, KRXS: 005935, LSE: SMSN, LSE: SMSD) is the worlds largest electronics and information technology company[1], headquartered in Suwon, South Korea. ... Samsung Heavy Industries Ningbo Co. ... Samsung Engineering & Construction (Hangul: 삼성건설 Hanja: 三星建設) is a Korean construction company founded and established in 1977, headquartered in Seongnam, South Korea. ... Sony Corporation ) is a Japanese multinational corporation and one of the worlds largest media conglomerates with revenue of $66. ... Consumer electronics is a term used to describe the category of electronic equipment intended for everyday use by people, the consumers. ... Finance studies and addresses the ways in which individuals, businesses, and organizations raise, allocate, and use monetary resources over time, taking into account the risks entailed in their projects. ... Water and steam are two different forms of the same chemical substance A chemical substance is a material with a definite chemical composition. ... Retail redirects here. ... A stilt-walker entertaining shoppers at a shopping centre in Swindon, England Entertainment is an activity designed to give pleasure or relaxation to an audience (although in the case of a computer game the audience may be only one person). ...

Samsung Group is South Korea's largest company and exporter and the world's second largest conglomerate, only behind the U.S. based General Electric.^[4] Currently helmed by Lee Soo-bin, CEO of Samsung Life Insurance, it has been run by generations of one of the world's wealthiest families, formerly by chairman Lee Kun-Hee, the third son of the founder, Lee Byung-Chul. Samsung Group is recognized as the most prestigious firm in South Korea, attracting many of the country's most intelligent and talented pupils, with 25% of its employees having a PhD degree or equivalent. Samsung Group also owns the Sungkyunkwan University, a major private university in South Korea, with many of its graduates being employed by Samsung Group affiliates. South Korean Samsung employees are also highly loyal to the company, working for very long hours with no weekends or holidays until they retire. Conglomerate is: A large, diversified company with a wide array of businesses; see Conglomerate (company), Holding company. ... For other uses, see United States (disambiguation) and US (disambiguation). ... GE redirects here. ... This is a Korean name; the family name is Lee Lee Kun-Hee (born January 9, 1942) is the current chairman of Samsung Group. ... Lee Byung-chul (February 12, 1910 – November 19, 1987) was the founder of the Samsung Group. ... PhD usually refers to the academic title Doctor of Philosophy PhD can also refer to the manga Phantasy Degree This is a disambiguation page — a list of pages that otherwise might share the same title. ... For the subway station to Humanities and Social Sciences campus, see Hyehwa Station. ...

Many major South Korean corporations such as CJ Corporation, Hansol Group, Shinsegae Group and Joong-Ang Ilbo daily newspaper were previously part of the Samsung Group, split apart by the government in order to reduce its power. Many leading companies in South Korea, notably iriver, the No.1 MP3 Player maker in South Korea and Naver, the No.1 Search Engine portal in South Korea, were established by ex-Samsung employees. A large number of South Korean firms, particularly those in the electronics industry, are dependent on Samsung for the supply of vital components or raw materials such as semiconductor chips or LCD panels. Consequently, Samsung is able to artificially moderate prices and has been criticised for handicapping other rivals, leading to bankruptcy of mid to small sized businesses as they cannot compete with Samsung. As a result, many have been taken over by Samsung Group, leading to a complete dominance by Samsung Group in many industries. Cheil Jedang logo CJ Corporation (Hangul: 씨제이주식회사, CJ주식회사; KRXS: 001041) is a South Korean corporation. ... Hansol is a Korean conglomerate, or chaebol. ... Shinsegae(신세계) is a South Korean department store franchise, along with several other businesses, headquartering in Seoul, South Korea. ... JoongAng Ilbo is a newspaper published in Seoul, Korea. ... Current iriver logo iriver (formerly iRiver) is a brand and division of ReignCom, manufacturer of digital audio players and other portable products. ... A digital audio player (DAP) is a device that stores, organizes and plays digital music files. ... For other uses, see Naver (disambiguation). ... A search engine is an information retrieval system designed to help find information stored on a computer system. ... This article is about the engineering discipline. ...

Samsung Group accounts for more than 20% of South Korea's total exports, with strong government support, including the ability to access unlimited amount of funds from major banks in South Korea. In many domestic industries, Samsung Group is the sole monopoly dominating a single market, its revenue as large as some countries' total GDP. In 2006, Samsung Group would have been the 34th largest economy in the world if ranked, larger than that of Argentina.^[5] The company owns or has taken over so many mid to small sized businesses that it is often called a 'colonial empire' or 'hungry dinosaur'. The company has a powerful influence on the country's economic development, politics, media and culture, being a major driving force behind the Miracle on the Han River. Many Koreans are highly loyal to the Samsung brand, considering it a symbol of national pride and businesses using its international success as a role model, with the company being known as "Another Family" (Korean: 또 하나의 가족) in South Korea. GDP is an acronym which can stand for more than one thing: (in economics) an abbreviation for Gross Domestic Product. ... Miracle on the Han River (한강의 기적) is a catchphrase often used in South Korea and by scholars to describe the period of rapid economic growth that took place in South Korea following the Korean War up until the Asian Financial Crisis. ... Defence of the fatherland is a commonplace of patriotism: The statue in the courtyard of École polytechnique, Paris, commemorating the students involvement in defending France against the 1814 invasion of the Coalition. ...

History

It has been suggested that History of Samsung be merged into this article or section. (Discuss)

Samsung Life Headquarter Building

Image File history File links Mergefrom. ... It has been suggested that this article or section be merged into Samsung Group. ...

1930s - 1980s

• 1938: Lee Byung-Chul founded his small business as 'Samsung Store' at Daegu
• 1950: Lee Byung-Chul founded Samsung trading company in Seoul (YPM)
• 1953: Samsung starts sugar production, which has since been spun off into the CJ Corporation
• 1954: Cheil Industries Inc. founded
• 1958: Samsung starts insurance business
• 1963: The first Shinsegae department store opens in Seoul
• 1964: Samsung starts Tongyang Broadcasting Company (TBC), which later merged with KBS
• 1965: Samsung starts the Joong-Ang Ilbo daily newspaper, which is no longer affiliated with the company
• 1969: Samsung Electronics was founded
• 1974: Samsung Petrochemical and Heavy Industries were founded
• 1976: The company was awarded an export prize by the government as a part of the country's development program
• 1977: As a result of this export prize, Samsung Construction emerged. In addition, Samsung Shipbuilding is formed
• 1982: Samsung establishes a professional baseball team
• 1983: Samsung produces its first computer chip: a 64k DRAM chip
• 1996: Commercialization of CDMA Handset/System
• 1997: Commercialization of GSM Handset
• 2000: Commercialization of World’s 1st Handset/System - CDMA2000 1X
• 2002: Commercialization of World’s 1st Handset/System - CDMA2000 1X EV-DO
• 2003: Commercialisation of World's 1st Silver Nano washing machine using antibacterial sivler nanoparticles

• Towards the end of the 1980s, Samsung pushed its efforts in petrochemicals and electronics.

Samsung Group Headquarter Building at Seocho Samsung Town

Lee Byung-Chul founded Samsung in 1938. It started as a small trading company with forty employees, located in Seoul. The company did fairly well until the Communist invasion in 1950 which caused great damage to his inventories. He was forced to leave and start over in Suwon in 1951. In just a year, the company’s assets had grown twentyfold. In 1953, Lee created a sugar refinery—the South Korea’s first manufacturing facility after the Korean War. “The company prospered under Lee’s philosophy of making Samsung the leader in each industry he entered” (Samsung Electronics). The company started moving into service businesses such as insurance, securities, and department store. In the early 1970s, Lee borrowed money from foreign companies to begin the mass communication industry by launching a radio and television station (Samsung Electronics). Lee Byung-chul (February 12, 1910 – November 19, 1987) was the founder of the Samsung Group. ... Short name Statistics Location map Map of South Korea highlighting the city. ... Lee Byung-chul (February 12, 1910 – November 19, 1987) was the founder of the Samsung Group. ... This article is about sugar as food and as an important and widely-traded commodity. ... Cheil Jedang logo CJ Corporation (Hangul: 씨제이주식회사, CJ주식회사; KRXS: 001041) is a South Korean corporation. ... Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent loss. ... Shinsegae(신세계) is a South Korean department store franchise, along with several other businesses, headquartering in Seoul, South Korea. ... For other uses, see KBS. Korean Broadcasting System (KBS) is South Koreas premier public broadcaster and one of four major Korean television networks. ... JoongAng Ilbo is a newspaper published in Seoul, Korea. ... This article is about the sport. ... Integrated circuit of Atmel Diopsis 740 System on Chip showing memory blocks, logic and input/output pads around the periphery Microchips with a transparent window, showing the integrated circuit inside. ... Dram can mean several things: Dram (unit), an imperial unit of volume Dram, an imperial unit of weight or mass, see avoirdupois and apothecaries system Ottoman dram, a unit of weight, see dirhem Armenian dram, a monetary unit DRAM, a type of RAM Category: ... Front-loading washing machine. ... Nanotechnology refers broadly to a field of applied science and technology whose unifying theme is the control of matter on the atomic and molecular scale, generally 100 nanometers or smaller, and the fabrication of devices with critical dimensions that lie within that size range. ... Petrochemicals are chemical products made from raw materials of petroleum (hydrocarbon) origin. ... Lee Byung-chul (February 12, 1910 – November 19, 1987) was the founder of the Samsung Group. ... Short name Statistics Location map Map of location of Seoul. ... Suwon (Suwon-si) is the provincial capital of Gyeonggi-do, South Korea. ... Belligerents United Nations: Republic of Korea Australia Belgium Canada Colombia Ethiopia France Greece Luxembourg Netherlands New Zealand Philippines South Africa Thailand Turkey United Kingdom United States Naval Support and Military Servicing/Repairs: Japan Medical staff: Denmark Italy Norway India Sweden DPR Korea PR China Soviet Union Commanders Syngman Rhee Chung...

South Korean President Park Chung-hee’s regime during the 1960s and 1970s, helped Samsung Electronics and many other Korean firms. Park put great importance in increasing economic growth and development, and assisted large, profitable companies, protecting them from competition and aiding financially as well. His government banned several exterior companies selling consumer electronics in South Korea. “To make up for a lack of technological expertise in South Korea, the South Korean government effectively required foreign telecommunications equipment manufacturers to hand over advanced semiconductor technology in return for access to the Korean market” (Samsung Electronics). This enormously helped Samsung to manufacture the first Korean dynamic random access memory chips. “Furthermore, although Samsung Electronics was free to invest in overseas companies, foreign investors were forbidden to buy into Samsung” (Samsung Electronics). Samsung quickly thrived in the domestic market. This is a Korean name; the family name is Park Park Chung-hee (November 14, 1917 – October 26, 1979) was a former ROK Army general and the leader of the Republic of Korea from 1961 to 1979. ...

A Samsung Festival in Taipei, Taiwan

Samsung Group later formed several electronics-related divisions, such as Samsung Electron Devices Co., Samsung Electro-Mechanics Co., Samsung Corning Co., and Samsung Semiconductor & Telecommunications Co., and grouped them together under Samsung Electronics Co., Ltd. in 1980s. Its first product was a black-and-white television set (Samsung Electronics).

A typical Samsung Cellphone

In the late 1980s and early 1990s, Samsung Electronics invested heavily in research and development, constructing the company as a leader in the global electronics industry. “By the 1980s Samsung was manufacturing, shipping, and selling a wide range of appliances and electronic products throughout the world” (Samsung Electronics). In 1982, it built a television assembly plant in Portugal; in 1984, it built a $25 million plant in New York; and in 1987, it built another $25 million facility in England (Samsung Electronics). For other uses, see England (disambiguation). ...

In 1993 and in order to change the strategy from the imitating cost-leader to the role of a differentiator, Lee Kun-hee, Lee Byung-chul’s successor, sold off ten of Samsung Group's subsidiaries, downsized the company, and merged other operations to concentrate on three industries: electronics, engineering, and chemicals (Samsung Electronics). This is a Korean name; the family name is Lee Lee Kun-Hee (born January 9, 1942) is the current chairman of Samsung Group. ... Lee Byung-chul (February 12, 1910 – November 19, 1987) was the founder of the Samsung Group. ...

Samsung LCD screen

Samsung became the largest producer of memory chips in the world in 1992. In 1995, it built its first liquid-crystal display screen. Ten years later, Samsung grew to be the world's largest manufacturer of liquid-crystal display panels. Sony, which had not invested in LCDs, contacted Samsung to cooperate. In 2006, S-LCD was established as a joint venture between Samsung and Sony in order to provide a stable supply of LCD panels for both manufacturers. S-LCD is owned by Samsung and Sony 51% to 49% respectively and operates its factories and facilities in Tangjung, South Korea. LCD redirects here. ... Sony Corporation ) is a Japanese multinational corporation and one of the worlds largest media conglomerates with revenue of $66. ... S-LCD Corporation (Japanese:エス・エルシーディー) is an electronic company of Japan and Korea. ... S-LCD Corporation (Japanese:エス・エルシーディー) is an electronic company of Japan and Korea. ...

Samsung has also tried hard to improve its international image. It has spent more than $6 billion since 1998 on marketing, sponsoring the last five Olympics and erecting a large video sign in Times Square in 2002 (Lee kun-hee). Samsung is very involved in the Asian Games, contributing Samsung Nations Cup Riding Competition, Samsung Running Festival, Samsung World Championship, and still many more around the globe. (Samsung Electronics).

The 1990s and present

The Burj Dubai under construction in February 2008

The 1990s saw Samsung rise as an international corporation. Not only did it acquire a number of businesses abroad, but also began leading the way in certain electronic components. Samsung's construction branch was awarded a contract to build one of the two Petronas Towers in Malaysia, Taipei 101 in Taiwan and the Burj Dubai in United Arab Emirates, which is the tallest structure ever created by mankind. In 1996, the Samsung Group reacquired the Sungkyunkwan University foundation. Burj Dubai (Arabic: ‎ Dubai Tower) is a skyscraper currently under construction in Dubai, United Arab Emirates, and is currently the tallest man-made structure on Earth. ... Samsung Engineering & Construction (Hangul: 삼성건설 Hanja: 三星建設) is a Korean construction company founded and established in 1977, headquartered in Seongnam, South Korea. ... The Petronas Towers The Petronas Towers (also known as the Petronas Twin Towers), in Kuala Lumpur, Malaysia (, ), were once the worlds tallest buildings when measured from the level of the main entrance to the structural or architectural top. ... Taipei 101 (Traditional Chinese: ; Simplified Chinese: ; Hanyu Pinyin: Táiběi Yīlíngyī; Wade-Giles: Tai-pei I-ling-i) is a 101-floor landmark skyscraper located in Taipei, the capital of Taiwan. ... Burj Dubai (Arabic: ‎ Dubai Tower) is a skyscraper currently under construction in Dubai, United Arab Emirates, and is currently the tallest man-made structure on Earth. ... For the subway station to Humanities and Social Sciences campus, see Hyehwa Station. ...

Compared to other major Korean companies, Samsung survived the Asian financial crisis of 1997-98 relatively unharmed. However, Samsung Motor Co, a $5 billion venture was sold to Renault at a significant loss. Most importantly, Samsung Electronics (SEC) was officially spun-off from the Samsung Group and has since come to dominate the group and the worldwide semiconductor business, even surpassing worldwide leader Intel in investments for the 2005 fiscal year. Samsung's brand strength has greatly improved in the last few years. The Asian financial crisis was a financial crisis that started in July 1997 in Thailand and affected currencies, stock markets, and other asset prices in several Asian countries, many considered East Asian Tigers. ... Renault Samsung Motors (Korean:르노삼성자동차) is a South Korean automobile manufacturer. ... For the author, see Mary Renault. ... Samsung Electronics (SEC, Hangul:삼성전자; KRXS: 005930, KRXS: 005935, LSE: SMSN, LSE: SMSD) is the worlds largest electronics and information technology company[1], headquartered in Suwon, South Korea. ... Intel redirects here. ...

Considered a strong competitor by its rivals, Samsung Electronics expanded production dramatically to become the world's largest manufacturer of DRAM chips, flash memory, optical storage drives and it aims to double sales and become the top manufacturer of 20 products globally by 2010. It is now one of the world's leading manufacturers of liquid crystal displays and next generation mobile phones. Dram can mean several things: Dram (unit), an imperial unit of volume Dram, an imperial unit of weight or mass, see avoirdupois and apothecaries system Ottoman dram, a unit of weight, see dirhem Armenian dram, a monetary unit DRAM, a type of RAM Category: ... A USB flash drive. ... Optical Storage is made possible by data storage devices such as optical discs and holographic storage systems. ... LCD redirects here. ...

Samsung Electronics, which saw record profits and revenue in 2004 and 2005, overtook Sony as one of the world's most popular consumer electronics brands, and is now ranked #20 in the world overall. Sony Corporation ) is a Japanese multinational corporation and one of the worlds largest media conglomerates with revenue of $66. ...

By late 2005, Samsung had a net worth of US$77.6 billion. USD redirects here. ...

Samsung currently sponsors French People's Baseball Team.^{[citation needed]}

Markets

This section does not cite any references or sources. (February 2008) Please improve this section by adding citations to reliable sources. Unverifiable material may be challenged and removed.

Currently, Samsung has sixteen products that have dominated the world’s market share, including: DRAM, color cathode-ray tube TVs (CPT, CDT), SRAM, TFT-LCD glass substrates, TFT-LCD, STN-LCD, tuner, CDMA handset, color television (CTV), monitor, flash memory, LCD Driver IC (LDI), PDP module, PCB for handheld (mobile phone plates), Flame Retardant ABS, and Dimethyl Formamide (DMF).^{[citation needed]} Image File history File links Question_book-3. ... Dram can mean several things: Dram (unit), an imperial unit of volume Dram, an imperial unit of weight or mass, see avoirdupois and apothecaries system Ottoman dram, a unit of weight, see dirhem Armenian dram, a monetary unit DRAM, a type of RAM Category: ...

Plus in the Television market, Samsung and LG make the only screens for LCD TFT televisions and then later sell them on to the other companies.

According to Interbrand and BusinessWeek, Samsung’s brand value ranked 43rd (USD 5.2billion) in 2000, 42nd (USD 6.4 billion) in 2001, 34th (USD 8.3 billion) in 2002, 25th (USD 10.8 billion) in 2003, 21st (USD 12.5 billion) in 2004, and 20th (14.9 billion) in 2005 among top global companies. Interbrand, a division of Omnicom, is the leading branding company in the world. ... BusinessWeek is a business magazine published by McGraw-Hill. ...

In terms of export that directly contributes to the Korean economy, Samsung took up 18.1% of the all exports with USD 31.2 billion in 2000 and 20.7% with USD 52.7 billion in 2004. In addition, Samsung's tax payments to the Korean government in 2003 was KRW 6.5 trillion, which is about 6.3% of total tax revenue.

The market value of Samsung in 1997 reached KRW 7.3 trillion in 1997, which amounted to 10.3% of the Korean market but this figure increased to KRW 90.8 trillion taking up 22.4% in 2004.

Moreover, the annual net profit of Samsung marked KRW 5.8 trillion in 2001, KRW 11.7 trillion in 2002, KRW 7.4 trillion in 2003, and KRW 15.7 trillion in 2004, showing forth a steady increase.

In order to enhance the working environment and build a strong and trustworthy foundation, the semiconductor sector of Samsung Electronics has been conducting a ‘Great Workplace Program’ called GWP since 1998. Then, in 2003, GWP has spread throughout the entire Samsung Group as Samsung Fire and Marine Insurance, Samsung SDI, Samsung Everland, Samsung Corporation, Cheil Industries, Samsung Networks, and others started to apply its core principles. In 2006, 9 subsidiary companies of Samsung Electronics, 80 overseas branches, and 130 overseas business sectors have reported that they are actively applying the GWP.

Dramatic surge in Net Profits starting in the late 90's: $2.2Bil (1999), $7.3Bil (2000), $8.9Bil (2002), $11.8Bil (2004).

Samsung's Brand Value conducted by Interbrand of the world's top 100 brands: $6.4Bil (2001), $8.3Bil(2002), $10.8Bil(2003), $12.5Bil(2004), $14.9Bil(2005).

Market Capitalization (Ratio to the total market value of all Korean listed stocks): A dramatic increase from 7.3 trillion KRW, 10.3% of the total national listing value in 1997. At the end of 2004 national listing value in 22.4%.

Samsung's Annual Profits Growth: $4.5Bil (2001), $8.9Bil (2002), $5.6Bil (2003), $11.8Bil (2004) and Debt-to-Equity Ratio Decrease: 104% (2000), 78% (2001), 68% (2002), 56% (2003), 51% (2004).

Circular investment

The relations of Samsung companies are very complicated. According to the Financial Supervisory Service of South Korea, Samsung Everland owns 13.3% of Samsung Life Insurance; Samsung Life Insurance holds 34.5% of Samsung Card and 7.2% of Samsung Electronics, as well as more of other Samsung companies; Samsung Electronics in turns keeps 46.0% of Samsung Card and stocks of other Samsung companies; and finally, Samsung Card holds 25.6% of Samsung Everland.

The family of Lee Kun-hee owns 40% of Samsung Everland, whilst Samsung Card holds 25.6%, and related people have another 30%. Thus it is thought that Lee controls 95% of Samsung Everland. Control of one company, through the circular investment, enables the Lee family to control other Samsung companies despite having only relatively minor holdings.

Lawsuits against the company

Samsung was reportedly sued in 2006 by companies 20th Century Fox, Paramount Pictures, Time Warner, Disney, and Universal Studios, claiming that one of Samsung's DVD players can be used to avoid encryption technology. Twentieth (20th) Century Fox Film Corporation (known from 1935 to 1985 as Twentieth Century-Fox Film Corporation) is one of the six major American film studios. ... Paramount Pictures Corporation is an American motion picture production and distribution company, based in Hollywood, California. ... Time Warner Inc. ... Disney redirects here. ... This article is about the American media conglomerate. ... The inside of a DVD player A DVD player is a device not only playing discs produced under the DVD Video standard but also playing discs under the standard of DVD Audio. ...

A Samsung spokesman "guessed that the film makers take issue with DVD-HD841, which Samsung sold in the United States between June and October 2004. If so, I do not know why the movie studios are complaining about the products, of which production was brought to an end more than 15 months ago. We stopped manufacturing the model after concerns erupted that its copy-protection features can be circumvented by sophisticated users."

Sports sponsorship

Samsung owns the professional soccer club Suwon Samsung Bluewings, the baseball team Samsung Lions, the basketball team Seoul Samsung Thunders, the women's basketball team Samsung Bichumi, and the volleyball team Samsung Bluefangs in South Korea. Suwon Samsung Bluewings (Korean: 수원 삼성 블루윙즈) is a Korean football team, based in Suwon. ... Samsung Lions(삼성 라이온즈)is the Korean professional baseball team founded in 1982. ... The Seoul Samsung Thunders have been in the KBL (Korean Basketball League) for 14 years. ...

Samsung signed the second biggest sponsorship deal in English football history with Premiership member Chelsea. Their five-year deal is estimated to be worth £50 million. Chelsea Football Club (also known as The Blues or previously The Pensioners) are an English professional football club based in west London. ...

The company sponsors the rugby league team the Sydney Roosters in the Australian National Rugby League 1995-1997 2004-present. It also sponsors the Melbourne Victory football club in the Australian A-League. The deal with Victory is also believed to be the largest in Australian club football history. Rugby league football is a full-contact team sport played with a prolate spheroid-shaped ball by two teams of thirteen on a rectangular grass field. ... The Sydney Roosters are a professional rugby league club based in the Eastern Suburbs of Sydney, Australia. ... The National Rugby League (NRL) is the top league of professional rugby league football clubs in Australasia. ... Melbourne Victory FC is a football (soccer) club based in Melbourne, Australia. ... Wikipedia does not yet have an article with this exact name. ...

Samsung is a sponsor of the April NASCAR Nextel Cup race at Texas Motor Speedway, the Samsung 500. This sponsorship, initially with RadioShack from 2002-2006, was in doubt after the 2003 race because of NASCAR's ban on wireless telecommunication sponsors effective the 2004 season, but was grandfathered into the Nextel contract. (Nextel uses exclusively Motorola equipment.) However, after Sprint's merger with Nextel, the ban was rescinded for Samsung, because of Sprint's sale of Samsung products. Jeff Burton (99), Elliott Sadler (38), Ricky Rudd (21), Dale Jarrett (88), Sterling Marlin (40), Jimmie Johnson (48), and Casey Mears (41) practice for the 2004 Daytona 500 The National Association for Stock Car Auto Racing (NASCAR) is the largest sanctioning body of motorsports in the United States. ... The NEXTEL Cup Series is NASCARs top racing series. ... Texas Motor Speedway is a superspeedway located in the northernmost portion of the U.S. city of Fort Worth, Texas -- the portion located in Denton County, Texas. ... The Samsung 500 is a NASCAR NEXTEL Cup race held at the Texas Motor Speedway in Fort Worth, Texas USA. There were 12 different winners in the first 12 races, the longest such streak for any NASCAR track. ... The exterior of a typical free-standing RadioShack store. ...

Samsung has been a Worldwide Olympic Partner since 1997 in the Wireless Communications category.

Subsidiaries of the Samsung Group

Electronics industries

• Samsung Camera
• Samsung Corning
• Samsung Corning Precision Glass
• Samsung Electro-Mechanics
• Samsung Electronics
• Samsung Fiberoptics
• Samsung Mobile
• Samsung MP3 Players
• Samsung Multi-campus
• Samsung Networks
• Samsung Opto-Electronics
• Samsung SDI (Samsung Display Interface)
• Samsung SDS (Samsung Data System)
• Samsung Semiconductor
• Samsung Techwin
• Samsung Telecommunications

Samsung Corning Precision Glass is a company producing optical materials for the electronics industry. ... Samsung Electro-Mechanics (Korean: 삼성전기) was established in 1973 as a manufacturer of key electronic components, and the company has grown into one of the industry leaders, thanks to cutting-edge technology and top product quality. ... Samsung Electronics (SEC, Hangul:삼성전자; KRXS: 005930, KRXS: 005935, LSE: SMSN, LSE: SMSD) is the worlds largest electronics and information technology company[1], headquartered in Suwon, South Korea. ... Anycall is a South Korean Mobile phone brand. ... Samsung Electronics (SEC, Hangul:삼성전자; KSE: 005930, KSE: 005935, LSE: SMSN, LSE: SMSD) is a South Korean Multinational Corporation and one of the worlds largest Electronics and IT companies,[1]. In August 2005, BusinessWeek rated Samsung as the Number 1 consumer electronics brand in the world. ... Samsung was founded in 1969, and one of its subsidiaries, Samsung Electronics Co. ...

Machinery and heavy industries

• Samsung Engineering
• Samsung Heavy Industries
• Samsung Techwin

Samsung Engineering (Hangul: 삼성건설 Hanja: 三星建設) is a Korean engineering company founded and established in 1977, headquartered in Seongnam, South Korea. ... Samsung Heavy Industries Ningbo Co. ... Samsung was founded in 1969, and one of its subsidiaries, Samsung Electronics Co. ...

Chemical industries

• Samsung BP Chemicals
• Samsung Cheil Industries
• Samsung Fine Chemicals
• Samsung Petrochemicals
• Samsung Total

Financial services

• Samsung Card
• Samsung Fire
• Samsung Investment Trust Management
• Samsung Life
• Samsung Securities
• Samsung Venture Investment

Samsung Card Co, Ltd. ... Samsung Fire Insurance Co, Ltd. ... Samsung Life Insurance Co, Ltd. ...

Retail services

• Home Plus (Joint Venture between Tesco & Samsung)
• Samsung Mall
• Samsung Plaza

Samsung Plaza (hangul:삼성플라자) is a shopping mall located in Seohyeon-dong, Bundang, Seongnam, South Korea just above Seohyeon Station. ...

Engineering & construction

• Samsung Engineering
• Samsung Engineering & Construction

Samsung Engineering (Hangul: 삼성건설 Hanja: 三星建設) is a Korean engineering company founded and established in 1977, headquartered in Seongnam, South Korea. ... Samsung Engineering & Construction (Hangul: 삼성건설 Hanja: 三星建設) is a Korean construction company founded and established in 1977, headquartered in Seongnam, South Korea. ...

Entertainment

• Everland and Caribbean Bay
• Hotel Shilla
• Samsung Lions
• Seoul Samsung Thunders
• Suwon Samsung Bluewings

Everland Resort is a theme park in Yongin, a suburb of Seoul, South Korea. ... Samsung Lions(삼성 라이온즈)is the Korean professional baseball team founded in 1982. ... The Seoul Samsung Thunders have been in the KBL (Korean Basketball League) for 14 years. ... Suwon Samsung Bluewings (Korean: 수원 삼성 블루윙즈) is a Korean football team, based in Suwon. ...

Others

• Cheil Communications
• Cheil Industries
• Renault Samsung Motors
• S1 Corp.
• Samsung C&T Corporation[4]
• Samsung Advanced Institute of Technology
• Samsung Cheil Apparel
• Samsung Culture Association
• Samsung Economic Research Institute
• Samsung Hoam Association
• Samsung Manpower Association
• Samsung Media Association
• Samsung Medical Center
• Samsung Welfare Association
• Sungkyunkwan University

Cheil Communications Inc. ... Renault Samsung Motors (Korean: 르노삼성 자동차) is a South Korean car maker. ... Samsung Economic Research Institute (SERI) is one of the prominent private-sector think tanks in South Korea, covering diverse areas that range from the nations high-tech front to research on issues and trends shaping East Asian economic and business environment. ... The Samsung Medical Center (Korean: 삼성병원) is a state-of-the-art hospital and medical center in Seoul. ... For the subway station to Humanities and Social Sciences campus, see Hyehwa Station. ...

Main Competitors

• Fujitsu
• General Electric
• Haier
• Hitachi Group
• Lenovo
• LG Group
• Matsushita
• Mitsubishi
• Motorola
• Nokia
• Sanyo Electric
• Seagate
• Sharp Corporation
• Sony
• Toshiba

For the district in Saga, Japan, see Fujitsu, Saga. ... GE redirects here. ... Haier (Chinese: ; pinyin: ) is a producer of household appliances (white goods), including air conditioners, laptops, refrigerators, etc. ... Lenovo Group Limited, formerly known as Legend Group Limited, is the largest personal computer manufacturer in the Peoples Republic of China, and as of 2004 is the eighth largest in the world. ... A leader in making and manufacturing Electronics LG redirects here. ... Logo for the Panasonic brand Matsushita Electric Industrial Co. ... For information on Mitsubishi brand computer monitors, see NEC-Mitsubishi Electronics Display of America Inc. ... Motorola Inc. ... This article is about the telecommunications corporation. ... Old logo New logo SANYO Electric Co. ... Seagate can refer to: Seagate Technology, a high tech manufacturer Seagate, Brooklyn, a community in Brooklyn, USA Seagate, Friends of, the nonprofit 501(c)(3) organization founded to preserve the historic winter retreat of Gwendolyn and Powel Crosley in Sarasota, Florida, USA Seagate, North Carolina, a community in North Carolina... Sharp Corporation ) (TYO: 6753 , LuxSE: SRP) is a Japanese electronics manufacturer, founded in 1912. ... Sony Corporation ) is a Japanese multinational corporation and one of the worlds largest media conglomerates with revenue of $66. ... Toshiba Corporations headquarters (Center) in Hamamatsucho, Tokyo Toshiba Corporation sales by division for year ending March 31, 2005 Toshiba Corporation ) (TYO: 6502 ) is a Japanese multinational conglomerate manufacturing company, headquartered in Tokyo, Japan. ...

Corruption investigation

On November 23, 2007, the National Assembly of South Korea passed a bill to create an independent investigation into Samsung's alleged illegal activities including bribery, fraudulent accounting, tax evasion, embezzlement, violation of privacy laws, perjury, and obstruction of justice. The launch of the investigation followed a series of public allegations by internal whistle blower Kim Yong Chul, a former legal counsel for Samsung.^[6] The special prosecutors interviewed senior officers of the group, including chairman Lee Kun-hee.^[7] In April 2008, the company was cleared of Kim's bribery allegations, but Lee Kun-hee was indicted for tax evasion and breach of trust by the special prosecutors, who did not arrest him.^[2] On April 22, Lee Kun-hee resigned, along with vice chairman Lee Hak-soo and Lee Jae-yong of Samsung Electronics, the son of the chairman.^[1] The chairman's post was left vacant, and a company statement said that Lee Soo-bin, chairman of Samsung Life Insurance, now represents the group "externally". is the 327th day of the year (328th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ... The National Assembly of South Korea is a 299-member[1] unicameral legislature. ... A special prosecutor is a lawyer from outside the government appointed by the attorney general or Congress to investigate a federal official for misconduct while in office. ... This is a Korean name; the family name is Lee Lee Kun-Hee (born January 9, 1942) is the current chairman of Samsung Group. ... Samsung Electronics (SEC, Hangul:삼성전자; KRXS: 005930, KRXS: 005935, LSE: SMSN, LSE: SMSD) is the worlds largest electronics and information technology company[1], headquartered in Suwon, South Korea. ...

See also

• Anycall
• FidoBag, a hoax by Samsung
• Korean consumer electronics industry
• List of digital camera brands
• List of Korean companies
• List of Korea-related topics
• Samsung Lee Kun Hee Scholarship Foundation
• Samsung Sens
• Seocho Samsung Town

Anycall is a South Korean Mobile phone brand. ... List of digital camera brands past and present, updated to 2005, but may miss some. ... This is a list of South Korean companies. ... This is a list of Wikipedia articles on Korea-related people, places, things, and concepts. ... Sens is the notebook computer series made by Samsung Electronics Ltd. ...

References

The Associated Press, or AP, is an American news agency, the worlds largest such organization. ... Google News is an automated news aggregator provided by Google Inc. ... 2008 (MMVIII) is the current year, a leap year that started on Tuesday of the Anno Domini (or common era), in accordance to the Gregorian calendar. ... is the 112th day of the year (113th in leap years) in the Gregorian calendar. ... 2008 (MMVIII) is the current year, a leap year that started on Tuesday of the Anno Domini (or common era), in accordance to the Gregorian calendar. ... is the 112th day of the year (113th in leap years) in the Gregorian calendar. ... The domain name bbc. ... 2008 (MMVIII) is the current year, a leap year that started on Tuesday of the Anno Domini (or common era), in accordance to the Gregorian calendar. ... is the 107th day of the year (108th in leap years) in the Gregorian calendar. ... The Cable News Network, commonly known as CNN, is a major cable television network founded in 1980 by Ted Turner. ... 2008 (MMVIII) is the current year, a leap year that started on Tuesday of the Anno Domini (or common era), in accordance to the Gregorian calendar. ... is the 100th day of the year (101st in leap years) in the Gregorian calendar. ... 2008 (MMVIII) is the current year, a leap year that started on Tuesday of the Anno Domini (or common era), in accordance to the Gregorian calendar. ... is the 100th day of the year (101st in leap years) in the Gregorian calendar. ...

External links

• Samsung Korean website
• Samsung global website
• Samsung Advanced Institute of Technology
• Yahoo! - Samsung Group Company Profile
• Show Jumping Nations Cup Super League
• The Korean Times:Samsung Uses Non-Samsung Panels in Monitors
• Samsung mobile phones
• A Samsung bribe is worth a thousand votes