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Samsung company analysis - Essay Example
Pages 10 (2510 words)
Case study: Samsung Electronics Co Ltd Course name: MSc Accounting and Financial Management Module: Corporate Strategy Student ID: 12019368 Name: Xin Chen Company Analysis: Samsung I. Introduction If there is any industry that is experiencing robust growth right now, it would be the consumer electronics industry…
The market is expected to grow at 7% annually globally between 2012 and 2015 with the 3D TV product category as the fastest growing segment in the industry. Sales in consumer electronics recorded a 10% growth in 2011 (almost $965 billion) from a 13% sales growth in 2010 ($875 billion) (Reportlinker 2013). One of the leading consumer electronic brands in the industry is Samsung Electronics, part of the Samsung Group which is headquartered in Seoul Korea. The company registered revenue of KRW 145,044,766 (USD 129,666,338) in the 3rd quarter of 2012 (latest figure available) and had been experiencing an average increase of net profit of 50 % since 2009 (Data Monitor 2011). The company occupies the top position in the television and monitor product category and the world’s largest producer of DRAM, SRAM, and flash memory. It is also involved in the manufacture of other consumer electronics product such as smartphone, computer tablet and home appliance. ...
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