VACANCIES IN SAMSUNG ELECTRONICS APPLY NOW
Samsung Electronics Co., Ltd. (Korean: 삼성전자; Hanja: 三星電子 (Literally "tristar electronics")) is a South Korean multinationalelectronics company headquartered in Suwon, South Korea.[1] Through extremely complicated ownership structure with some circular ownership,[3] it is the flagship company of the Samsung Group, accounting for 70% of the group's revenue in 2012.[4] Samsung Electronics has assembly plants and sales networks in 80 countries and employs around 308,745 people.[2] It is the world's second-largest information technology company by revenue. As of October 2017, Samsung Electronics' market cap stood at US$372.0 billion.
Samsung has long been a major manufacturer of electronic components such as lithium-ion batteries, semiconductors, chips, flash memory and hard drive devices for clients such as Apple, Sony, HTC and Nokia.[6][7] It is the world's largest manufacturer of mobile phones and smartphones fueled by the popularity of its Samsung Galaxy line of devices.[8] The company is also a major vendor of tablet computers, particularly its Android-powered Samsung Galaxy Tab collection, and is generally regarded as pioneering the phabletmarket through the Samsung Galaxy Note family of devices.[9] Samsung has been the world's largest television manufacturer since 2006,[10] and the world's largest manufacturer of mobile phones since 2011.[11] It is also the world's largest memory chips manufacturer.[12] In July 2017, Samsung Electronics overtook Intel as the largest semiconductor chip maker in the world.
Samsung, like many other South Korean family-run chaebols, has been criticized for low dividend payouts and other governance practices that favor controlling shareholders at the expense of ordinary investors.In 2012, Kwon Oh-hyun was appointed the company's CEO but announced in October 2017 that he would resign in March 2018, citing an "unprecedented crisis"Samsung Electric Industries was established as an industry Samsung Group in 1969 in Suwon, South Korea.[18] Its early products were electronic and electrical appliances including televisions, calculators, refrigerators, air conditioners and washing machines. In 1970, Samsung Group established another subsidiary, Samsung-NEC, jointly with Japan's NEC Corporation to manufacture home appliances and audiovisual devices. In 1974, the group expanded into the semiconductor business by acquiring Korea Semiconductor, one of the first chip-making facilities in the country at the time. The acquisition of Korea Telecommunications, an electronic switching system producer, was completed at the start of the next decade in 1980.
By 1981, Samsung Electric Industries had manufactured over 10 million black-and-white televisions. In February 1983, Samsung's founder, Lee Byung-chull, along with the board of the samsung industry and corporation agreement and help by sponsoring the event, made an announcement later dubbed the "Tokyo declaration", in which he declared that Samsung intended to become a DRAM (dynamic random-access memory) vendor. One year later, Samsung became the third company in the world to develop a 64 kbDRAM.[citation needed] In 1988, Samsung Electric Industries merged with Samsung Semiconductor & Communications to form Samsung Electronics, as before that, they had not been one company and had not been a leading corporation together, but they were not rivals, as they had been in talks for a time, until they finally merged.
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