3. Samsung Electronics Co., Ltd. is a South Korean multinational
electronics company headquartered in Suwon, South Korea.
sales networks in 80 countries
Employs around 370,000
4. Samsung has been the world's largest manufacturer of LCD panels since 2002
The world's largest television manufacturer since 2006,
And world's largest manufacturer of mobile phones since 2011
Samsung Electronics displaced Apple as the world's largest technology
company in 2011
5. Jong-Kyun Shin is the CEO of Samsung Electronic
Hyun Chil Hong is the president & CEO Samsung India
Electronics Ltd
6. Samsung India: Vision
Samsung India aims to be the 'Best Company' in India.
'Best Company' in terms of the
internal workplace environment,
our manpower,
our products
as well as our efforts to make our customers happy through our products
and services.
7. As stated in its new motto, Samsung Electronics' vision for the new decade is,
"Inspire the World, Create the Future.“
Commitment to inspiring communities by holding samsung’s three key strength
1) New technology
2) Innovative product
3) Creative solutions
Plan of reaching $400 billion in revenue and becoming one of the world’s top five
brands by 2020. To this end, Samsung has also established three strategic
approaches in its management:
Three key strategic pillars are:
“Creativity,” “Partnership,” and “Talent”.
10. Strength
Samsung is enjoying economies of scale
It is the world's largest manufacturer of mobile phones
7th rank in the world in terms of brand value in forbes ranking
2nd largest tech company in the world after Apple
Samsung enjoys a wide range of products
Samsung has its core competency in technology leadership and in creativity
Increasingly growing company (Grows by 49% in India’s mid-priced smart-phone market )
Innovation and design
Samsung is Focused on environment
2nd place in sales of mobile phone
Samsung has got 1st place in refrigerator brand according to world blaze in 2015 in India
11. Weaknesses
Hardware leader but has too much dependence for software from other parties
Don’t have its own operating system in mobile phones and laptops.
Focus on too many products
Samsung laptops has got 5th place in the world in the ranking of laptopmag.com
while apple has got 1st
Samsung has not been able to match Apple’s marketing capabilities for
smart-phones. Its share of the U.S. smart-phone market fell by 2.3% between
2014 and 2015. In contrast, Apple’s share price grew by 34.9%
12. Opportunities
Growing mobile demand in emerging economies
Growing demand for quality application processors
Customized products in different market
Growing demand for branded products
In most of the countries the per capita income is increasing so there is increase
in demand for those product which may maintain the status
13. Threats
Price wars
Rapid technological change
Breached patents
Declining margins on profit per product due to high
competition
Saturated market of smart-phones in developed
countries