Samsung Electronics

Samsung Electronics Co. Ltd.

Formerly	Samsung Electric Industries (1969–1988)
Type	Public
Traded as	KRX: 005930, KRX: 005935 LSE: SMSN, SMSDFWB: SSU, SSUNB3: SMSNN
ISIN	KR7005930003
Industry	Consumer electronics Semiconductors Home appliances
Founded	13 January 1969; 49 years ago
Headquarters	Samsung Digital City, Samsungno 129, Maetan-dong, Yeongtong District, Suwon[1], South Korea
Area served	Worldwide
Key people	Lee Kun-hee (Chairman) Lee Jae-yong (Vice Chairman) Kwon Oh-hyun (Vice chairman and CEO)
Products	See products listing
Revenue	₩239.58 trillion (2017)[* 1]
Operating income	₩53.65 trillion (2017)[* 1]
Net income	₩42.19 trillion (2017)[* 1]
Total assets	₩301.75 trillion (2017)[* 1]
Total equity	₩214.49 trillion (2017)[* 1]
Number of employees	320,671 (2017)[2]
Parent	Samsung
Subsidiaries	Samsung Medison Samsung Telecommunications Harman International Industries
Website	samsung.com
Footnotes / references ^ Jump up to:a b c d e "Samsung Electronics Financial Statements" (PDF) (Press release). Samsung Electronics. 31 March 2017. Retrieved 23 October 2017.

Samsung Electronics quarterly results
CE: Consumer Electronics
DS: Device Solutions
IM: IT & Mobile communications

Samsung Electronics Co., Ltd. (Korean: 삼성전자; Hanja: 三星電子 (Literally "tristar electronics")) is a South Korean multinational electronics company headquartered in Suwon, South Korea.^[1] Through having an extremely complicated ownership structure with some circular ownership,^[3] it is the flagship company of the Samsung chaebol, accounting for 70% of the group's revenue in 2012.^[4] Samsung Electronics has assembly plants and sales networks in 80 countries and employs around 308,745 people.^[2] It is the world's largest information technology company, consumer electronics maker and chipmaker by revenue.^[5] As of October 2017, Samsung Electronics' market cap stood at US$372.0 billion.^[6]

Samsung has long been a major manufacturer of electronic components such as lithium-ion batteries, semiconductors, chips, flash memory and hard drive devices for clients such as Apple, Sony, HTC and Nokia.^[7][8] It is the world's largest manufacturer of mobile phones and smartphones, started with the original Samsung Solstice^[9] and later fueled by the popularity of its Samsung Galaxy line of devices.^[10] The company is also a major vendor of tablet computers, particularly its Android-powered Samsung Galaxy Tab collection, and is generally regarded as pioneering the phabletmarket through the Samsung Galaxy Note family of devices.^[11] Samsung has been the world's largest television manufacturer since 2006,^[12] and the world's largest manufacturer of mobile phones since 2011.^[13] It is also the world's largest memory chips manufacturer.^[14] In July 2017, Samsung Electronics overtook Intel as the largest semiconductor chip maker in the world.^[15]

Samsung, like many other South Korean family-run chaebols, has been criticized for low dividend payouts and other governance practices that favor controlling shareholders at the expense of ordinary investors.^[16]

In 2012, Kwon Oh-hyun was appointed the company's CEO but announced in October 2017 that he would resign in March 2018, citing an "unprecedented crisis".^[17][18][19]