Samsung Electronics Company Research Report
Company Overview
Name
Samsung Electronics Co., Ltd.
Mission
Samsung's mission is to devote its talent and technology to creating superior products and services that contribute to a better global society.
Founded
Samsung Electronics was established in 1969.
Founders
No specific information on the founders of Samsung Electronics.
Key People
- Han, Jong Hee: Vice Chairman & CEO (2022~Present)
Headquarters
Samsung Electronics is headquartered in Suwon, South Korea.
Number of Employees
No information available.
Revenue
No information available.
Known For
Samsung Electronics is known for its innovative consumer electronics, IT & mobile communications, and device solutions. It is a leader in producing semiconductors, smartphones, and consumer electronic goods.
Products
Overview
Samsung Electronics offers a wide range of products spanning various categories in consumer electronics, IT & mobile communications, and device solutions.
Key Products and Features
1. Mobile Devices:
- Galaxy Series: Smartphones including flagship models such as Galaxy S24 Ultra, Galaxy Z Fold6, and Galaxy Z Flip6.
- Galaxy Tab S10 Series: Offers high-end tablets with options for trade-in deals and accessories.
2. TV & Audio:
- The Frame TV: Comes with an anti-reflection matte display.
- Neo QLED TVs: Known for enhanced brightness and contrast with Neo Quantum HDR+.
- Ultra Slim Soundbar: Offers sleek design with high-quality audio output.
3. Home Appliances:
- Bespoke Refrigerators: Customizable and energy-efficient refrigerators.
- Bespoke AI Laundry Combo™: Advanced laundry solutions integrating washing and drying capabilities with AI features.
- Cooking Power Pair: High-performance cooking appliances featuring compatibility options for enhanced kitchen experience.
4. Computing and Displays:
- Samsung Laptops: Includes models like Galaxy Book4 Edge focusing on high-performance computing.
- Odyssey Gaming Monitors: Market-leading gaming monitors with advanced display technologies.
5. Semiconductors:
- 12nm-class DRAM: Mass production of industry’s latest technology DRAM.
- GDDR7 DRAM: Industry-first driving growth in graphics market.
Key Features
Samsung's products are characterized by advanced technology, continuous innovation, and seamless integration across ecosystems. The integration of AI, 5G, and sustainable practices are notable features.
Recent Developments
New Products
- Galaxy Z Fold6 and Galaxy Z Flip6: Latest models in Samsung's foldable smartphone range.
- Galaxy Tab S10 Series: Newly launched with significant trade-in offers and additional peripherals.
- S95D OLED TV: Known for OLED glare-free technology.
New Features and Partnerships
- Irregular Heart Rhythm Notification (IHRN) feature on Galaxy Watch.
- Samsung's Gauss AI Model unveiled at the Samsung AI Forum.
- New environmental strategy reflecting sustainability commitment with numerous AI integrations in consumer electronics.
Innovations and Expansion
- Announced industry-first GDDR7 DRAM, impacting future graphic markets.
- Launched Samsung Gaming Hub service on Samsung Smart TVs and Smart Monitors.
- 6G Forum and technology advancements: Highlighting leadership in next-gen connectivity.
Strategic Initiatives
- Opened a new semiconductor R&D complex in Giheung, Korea.
- Extending Olympic partnership through 2023, reinforcing brand alignment with global sports and culture.
In summary, Samsung Electronics continues to solidify its standing in the global market through diversified product offerings, strategic technology advancements, and a strong commitment to sustainability and innovation.