For the uninitiated, Samsung celebrates its 40th anniversary today. And expectedly, they also announced their future strategy, which they call “Vision 2020” or “Inspire the World, Create the Future”. Samsung plans to attain revenue of $400 billion by 2020 that will make them one of the top 10 companies in the world in terms […]
Misc.
Samsung posts Q3 2009 results
Samsung has announced financial results of the third quarter ending Sep 30, 2009. The total revenue for the Korean company on a consolidated basis reached 35.87 trillion won, up 18.5 percent on YoY. Consolidated operating profit stood at 4.23 trillion won, more than what was expected in the earnings guidance. The operating profit went […]
Samsung will be 40 years old this Nov 1
Come November 1, Samsung will celebrate its 40th birth anniversary. Started as an OEM with 36 employees in 1969, Samsung today has transformed into a giant conglomerate functioning as an OEM as well as a product selling company. Korea Times has a decent overview of company’s whole journey and a bit on the future […]
Samsung reports Q1 2009 results
Samsung Electronics today announced its first quarter results which stood at 28.67 trillion won, 13 percent down from the last quarter of 2008. Thanks to an increase in equity income, its net income reached 620 billion won and operating profit at 470 billion won after last quarter’s dismal 740 billion won loss on a […]
Samsung’s Q4 2008 financial results announced
With all the reshuffling and combining different businesses into one was a clear indication of what was in the offing. Samsung announced its Q4 2008 results and sadly for them, it is the first time since 2000 that they have posted a net loss. Biggest hit to take in this dwindling market was the […]