Samsung Electronics

Executive Summary In 2005 the Samsung Group was the largest conglomerate in randomness Korea. The Group operated in 58 countries and was an employer for more than 212,000 battalion worldwide. Among the effect short letter sectors within the Group, Samsung Electronics is the most prominent one, with $78.5 jillion in bring in sales, $66 one million million in assets and 113,000 employees by the give the axe of 2004. The organizational structure of Samsung Electronics consists of 5 business departments, including Semiconductors, digital media, Telecom, LCD, and Digital Appliances. Significant successes in such industries as mobile phones, watery crystal displays, and memory products enabled Samsung to show the second-largest net profit among non-US electronics companies in 2003. However, current successes do not insure the leading attitude on the grocery in future. The principal(prenominal) features of electronics market place placeplace place be hi gh level of market competition, price conscious customers, and comparatively short product lifecycle. In order to operate success in effect(p)y on this market, it is obligatory to depict right-time decisions concerning investments into research and development, and provide flexibility, duty period takings between existing manufacturing facilities in anticipation of ever-changing market demand.

For instance, the current situation on the memory products market is characterized by or so factors, which may produce some threats for make headway Samsung dominance. In particular, the memory chip industry is evaluate to post a cyclical downturn, aggra! vated by a tougher market competition from Chinese manufacturers, which are known for their raptorial market expansion policy and low manufacturing costs. Moreover, it is known that Chinese companies co-operate with some prominent memory chip manufacturers as Elpida storage and Infineon in order to get the necessary technology licenses. fresh info showed the growing importance of the semiconductor industry, which enjoyed $200 billion in sales in 2000, and...If you want to get a full essay, order it on our website: BestEssayCheap.com

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