This document provides information on Samsung's subsidiaries and affiliates. It discusses Samsung's founding in 1938 and its diversification into various industries such as electronics, semiconductors, and mobile phones. The document then lists and describes over 50 principal subsidiary companies of Samsung across various industries, as well as several joint ventures and partially owned companies.
2.
Samsung (Hangul ; hanja ; Korean pronunciation: [sʰamsʰʌŋ]) is a
South Korean multinational conglomerate company headquartered
in Samsung Town, Seoul.[1] It comprises numerous subsidiaries and
affiliated businesses,[1] most of them united under
the Samsung brand, and is the largest South Korean chaebol(business
conglomerate).
Samsung was founded by Lee Byung-chul in 1938 as a trading
company. Over the next three decades, the group diversified into
areas including food processing, textiles, insurance, securities and
retail. Samsung entered the electronics industry in the late 1960s and
the construction and shipbuilding industries in the mid-1970s; these
areas would drive its subsequent growth. Following Lee's death in
1987, Samsung was separated into four business groups – Samsung
Group, Shinsegae Group, CJ Group and Hansol Group. Since 1990,
Samsung has increasingly globalized its activities and electronics; in
particular, its mobile phones and semiconductors have become its
most important source of income.
History of Samsung
3.
According to Samsung's founder, the meaning of
the Korean hanja word Samsung is "tri-star" or "three
stars". The word "three" represents something "big,
numerous and powerful".
Etimology
4.
In January 2016, Samsung announced it will be
working with Microsoft to develop IoT(Internet of
Things) devices based on Windows 10, where the
companies will work together to develop products
that will run on the platform, as well as integrate
with other companies developing hardware and
services on Microsoft's OS.
Samsung released a fitness smart watch called the
Gear Fit 2 and a brand of wireless ear buds called
Gear Icon X.
Achievement of 2016.
5.
As of April 2011, the Samsung Group comprised 59
unlisted companies and 19 listed companies, all of
which had their primary listing on the Korea
Exchange.
Principal subsidiary and affiliate companies of
Samsung include:
Ace Digitech
Ace Digitech is listed on the Korea Exchange stock-
exchange (number 036550).
Subsidaries & Affiliates
6. Cheil Industries
Ace Digitech Co., Ltd. engages in the manufacture and sale
of polarizing films for display applications. The company
offers a range of polarizing films, including iodine polarized,
dye polarized, phase-contrast polarized, semitransmissive
polarized, anti-glare/anti-reflection, and reflective polarized
films for liquid crystal displays (LCDs).Cheil Industries is
listed on the Korea Exchange stock-exchange (number
001300).
Cheil Industries
The company expanded its business areas into fashion,
chemicals and electronic chemical materials (ECM). Cheil
Industries is listed on the Korea Exchange stock-exchange
(number 001300).
7. Cheil Worldwide
Cheil Worldwide Inc. (KRX: 030000) is a marketing
company under the Samsung Group that
offers advertising, public relations, shopper
marketing, sports marketing, digital marketing, etc. Cheil
Worldwide is listed on the Korea Exchange stock-
exchange (number 030000).
Credu
Credu is listed on the Korea Exchange stock-exchange
(number 067280).
Imarket Korea
is a member of the Samsung Group that provides
procurement services and MRO(Maintenance, Repair and
Overhaul) goods. Imarket Korea is listed on the Korea
Exchange stock-exchange (number 122900).
8. Samsung Card
The company is owned by Samsung Electronics (35.3%)
and Samsung Life Insurance (26.4%). Samsung Card was
established in 1988 as a technical and business company
licensed by Samsung Electronics. Samsung Card is listed on
the Korea Exchange stock-exchange (number 029780).
Samsung SDS
Samsung SDS is a multinational IT Service company
headquartered in Seoul. It was founded in March 1985. Its
principal activity is the providing IT system(ERP, IT
Infrastructure, IT Consulting, IT Outsourcing, Data Center).
Korea Exchange stock-exchange (number 018260).
Samsung C&T Corporation
Samsung C&T Corporation(Construction & Trading)is listed
on the Korea Exchange stock-exchange (000830).
9. Samsung Electro-Mechanics
Samsung Electro-Mechanics, established in 1973 as a
manufacturer of key electronic components, is
headquartered in Suwon, Gyeonggi-do, South Korea. It is
listed on the Korea Exchange stock-exchange (number
009150).
Samsung Electronics
Samsung Electronics is a multinational electronics and
information technology company headquartered
in Suwon and the flagship company of the Samsung
Group.Its products include air conditioners, computers, digital
televisions, liquid crystal displays (including thin film
transistors (TFTs) and active-matrix organic light-emitting
diodes (AMOLEDs)), mobile phones, monitors, printers,
refrigerators, semiconductors and telecommunications
networking equipment. The Korea Exchange stock-exchange
(number 005930).
10. Samsung Engineering
Samsung Engineering is a multinational construction
company headquartered in Seoul. It was founded in January
1969. Its principal activity is the construction of oil refining
plants; upstream oil and gas facilities; petrochemical plants
and gas plants; steel making plants; power plants; water
treatment facilities; and other infrastructure. The Korea
Exchange stock-exchange (number 02803450).
Samsung Everland
Samsung Everland engages in an array of services closely
associated with the day-to-day lives and business operations
of its customers. Its business scope covers the three main
sectors of Environment & Asset, Food Culture and Resort.
Samsung Fine Chemicals
Samsung Fine Chemicals is listed on the Korea Exchange
stock-exchange (number 004000).
11. Samsung Fire & Marine Insurance
Samsung Fire & Marine Insurance is a multinational general
insurance company headquartered in Seoul. It was founded
in January 1952 as Korea Anbo Fire and Marine Insurance
and was renamed Samsung Fire & Marine Insurance in
December 1993.Samsung Fire & Marine Insurance offers
services including accident insurance, automobile insurance,
casualty insurance, fire insurance, liability insurance, marine
insurance, personal pensions and loans. The Korea
Exchange stock-exchange (number 000810).
Samsung Heavy Industries
Samsung Heavy Industries is a shipbuilding and engineering
company headquartered in Seoul. It was founded in August
1974. Its principal products are bulk carriers, container
vessels, crude oil tankers, cruisers, passenger ferries,
material handling equipment steel and bridge structures. The
Korea Exchange stock-exchange (number 010140).
12. Samsung Life Insurance
Main article: Samsung Life Insurance
Samsung Life Insurance Co., Ltd. is a multinational life insurance
company headquartered in Seoul. It was founded in March 1957
as Dongbang Life Insurance and became an affiliate of the
Samsung Group in July 1963. Samsung Life's principal activity is
the provision of individual life insurance and annuity products and
services. The Korea Exchange stock-exchange (number 032830).
Samsung Machine Tools
Samsung Machine Tools of America is a national distributor of
machines in the United States. Samsung GM Machine Tools is the
head office of China, It is an SMEC Legal incorporated company
Samsung Medical Center
The Samsung Medical Center was founded on 9 November 1994,
under the philosophy of "contributing to improving the nation's
health through the best medical service, advanced medical
research and development of outstanding medical personnel"
13. Samsung SDI
Samsung SDI is listed on the Korea Exchange stock-
exchange (number 006400). On 5 December 2012, the
European Union's antitrust regulator fined Samsung SDI and
several other major companies for fixing prices of
TV cathode-ray tubes in two cartels lasting nearly a decade.
Samsung Securities
Samsung Securities provides financial services and solutions
in all capital market segments, from securities brokerage to
wealth management, investment advisory and investment
banking. Samsung Securities is listed on the Korea
Exchange stock-exchange (number 016360).
Samtron
Samtron was a subsidiary of Samsung until 1999 when it
became independent. After that, it continued to make
computer monitors and plasma displays until 2003, Samtron
became Samsung when Samtron was a brand. In 2003 the
website redirects to Samsung.
14. Shilla Hotels and Resorts
The Hotel opened in March 1979, following the intention of
the late Lee Byung-chull, the founder of the Samsung Group.
Hosting numerous state visits and international events, it has
played the role of locomotive for the service industry in Korea
with pride and responsibility as "the face representing the
Samsung Group" and "the hotel representing Korea". The
Korea Exchange stock-exchange (number 008770).
S-1 Corporation
S-1 was founded as Korea's first specialized security
business in 1997 and has maintained its position at the top of
industry with the consistent willingness to take on challenges.
S1 Corporation is listed on the Korea Exchange stock-
exchange (number 012750).
15.
aT Grain: A state-run Korea Agro-Fisheries Trade Corp.
Samsung holds 15%.
Brooks Automation Asia: The venture locally
manufactures and configure vacuum wafer handling
platforms and 300mm Front-Opening Unified
Pod (FOUP) load port modules, and designs,
manufactures and configures atmospheric loading
systems for flat panel displays. Samsung holds 30%.
POSCO-Samsung Slovakia Steel Processing
Center: Company POSS – SLPC s.r.o. was founded in
2007 as a subsidiary of Samsung C & T Corporation,
Samsung C & T Deutschland and the
company POSCO.
Joint Venture
16. Samsung Air China Life Insurance: Samsung Air China Life
Insurance is a 50:50 joint venture between Samsung Life
Insurance and China National Aviation Corporation.
Samsung Biologics: Samsung Electronics Co. and
Samsung Everland Inc. will each own a 40 percent stake in
the venture, with Samsung C&T Corp. and Durham, North
Carolina-basedQuintiles each holding 10 percent. It will
contract-make medicines made from living cells, and
Samsung Group plans to expand into producing copies of
biologics including Rituxan,
the leukemia and lymphoma treatment sold by Roche
Holding AG and Biogen Idec Inc.
Samsung Bioepis:Samsung Bioepis is a joint venture
between Samsung Biologics (85%) and the U.S.-
based Biogen Idec (15%). In 2014, Biogen Idec agreed to
commercialize futureanti-TNF biosimilar products in Europe
through Samsung Bioepis.
17. Samsung BP Chemicals:Samsung BP Chemicals, based in
Ulsan, is a 49:51 joint venture between Samsung and the UK-
based BP, which was established in 1989 to produce and supply
high-value-added chemical products. Its products are used in
rechargeable batteries and liquid crystal displays.
Samsung Corning Precision Glass:Samsung Corning Precision
Glass is a joint venture between Samsung and Corning, which was
established in 1973 to manufacture and market cathode ray tube
glass for black and white televisions.
Samsung Sumitomo LED Materials:Samsung Sumitomo LED
Materials is a Korea-based joint venture between Samsung LED
Co., Ltd., an LED maker based in Suwon, Korea-based and the
Japan-based Sumitomo Chemical.
SB LiMotive:SB LiMotive is a 50:50 joint company of Robert
Bosch GmbH (commonly known as Bosch) and Samsung SDI
founded in June 2008. The joint venture develops and
manufactures lithium-ion batteries for use in hybrid-, plug-in hybrid
vehicles and electric vehicles.
18. SD Flex: SD Flex Co., Ltd. was founded on October 2004 as a
joint venture corporation by Samsung and DuPont, one of
the world's largest chemical companies.
Sermatech Korea: Sermatech owns 51% of its stock, while
Samsung owns the remaining 49%. The U.S. firm Sermatech
International, for a business specializing in aircraft
construction processes such as special welding and brazing.
Siam Samsung Life Insurance: Samsung Life Insurance
holds a 37% stake while the Saha Group also has a 37.5%
stake in the joint venture, with the remaining 25% owned by
Thanachart Bank.
Siltronic Samsung Wafer: Siltronic Samsung Wafer Pte. Ltd,
the joint venture by Samsung and wholly owned Wacker
Chemie subsidiary Siltronic, it is a global semiconductor
business.
19. SMP: SMP Ltd. is a joint venture between Samsung Fine
Chemicals and MEMC. MEMC Electronic Materials Inc. and
an affiliate of Korean conglomerate Samsung are forming a
joint venture to build a polysilicon plant.
STECO: STECO Co., Ltd. engages in the research,
development, manufacture, and supply of tape carrier
packages and chip on films/flexes for applications in liquid
crystal display (LCD)-TFT monitors, car navigation monitors,
digital video cameras, mobile phones, notebooks, notebook
PCs, LCD/PDP and wall hanging TVs, PDAs, H.P, and
various OA and ultra-thin semiconductor devices running
the liquid crystal screen.
Stemco: Stemco is a joint venture established between
Samsung Electro-Mechanics and Toray Industries in 1995.
The company uses holes to directly mount the
semiconductor circuitry.
20. Toshiba Samsung Storage Technology: Toshiba Samsung
Storage Technology Corporation (TSST) is joint venture
between Samsung Electronics and Toshiba of Japan which
specialises in optical disc drive manufacturing. TSST was
formed in 2004, and Toshiba owns 51% of its stock, while
Samsung owns the remaining 49%.
Defunct
Alpha Processor: In 1998, Samsung created a U.S. joint
venture with Compaq—called Alpha Processor Inc. (API)--to
help it enter the high-end processor market. The venture was
also aimed at expanding Samsung's non-memory chip
business by fabricating Alpha processors. At the time,
Samsung and Compaq invested $500 million in Alpha
Processor.
GE-Samsung Lighting: GE Samsung Lighting was a joint
venture between Samsung and the GE Lighting subsidiary
of General Electric. The venture was established in 1998 and
was broken up in 2009.
21. Global Steel Exchange: Global Steel Exchange was a joint
venture formed in 2000 between Samsung, the U.S.-
based Cargill, the Switzerland-based Duferco Group, and the
Luxembourg-based Tradearbed (now part of
the ArcelorMittal), to handle their online buying and selling of
steel.
S-LCD: S-LCD Corporation was a joint venture between
Samsung Electronics (50% plus one share) and the Japan-
based Sony Corporation (50% minus one share) which was
established in April 2004. On 26 December 2011, Samsung
Electronics announced that it would acquire all of Sony's
shares in the venture.
Partially owned companies
Atlântico Sul: Samsung Heavy Industries owns 10% of the
Brazilian shipbuilder Atlântico Sul, whose Atlântico Sul
Shipyard is the largest shipyard in South America. The Joao
Candido, Brazil's largest ship, was built by Atlântico Sul with
technology licensed by Samsung Heavy Industries.
22. DGB Financial Group: Samsung Life Insurance currently
holds a 7.4% stake in the South Korean banking
company DGB Financial Group, making it the largest
shareholder.
Corning Inc: Samsung acquired 7.4% of Gorilla
Glass maker Corning, signing a long-term supply deal.
Doosan Engine: Samsung Heavy Industries currently holds
a 14.1% stake in Doosan Engine, making it the second-largest
shareholder. Specialized in marine engines, Doosan Engine
has manufactured the first and largest electronicsally
controlled marine engine in the world.
Korea Aerospace Industries: Samsung Techwin currently
holds a 10% stake in Korea Aerospace Industries (KAI).
Other major shareholders include the state-owned Korea
Finance Corporation (26.75%), Hyundai Motor (10%)
and Doosan (10%).
23. MEMC KOREA: MEMC's joint venture with Samsung Electronics
Company, Ltd. In 1990, MEMC entered into a joint venture
agreement to construct a silicon plant in Korea. It is a
semiconductor company.
Pantech: Samsung buys 10% stake in rival phone maker Pantech.
Rambus Incorporated: Samsung currently owns 4.19% of Rambus
Incorporated. Today the company is producing RDRAM &
developing memory systems for next generation smartphones and
tablets
Renault Samsung Motors: Samsung currently owns 19.9% of the
automobile manufacturer Renault Samsung Motors.
Seagate Technology: Samsung currently owns 9.6% of Seagate
Technology, making it the second-largest shareholder. Under a
shareholder agreement, Samsung has the right to nominate an
executive to Seagate's Board of Directors.
Sharp Corporation:Samsung owns 3% of Sharp Corporation, a
rival company.
24. SungJin Geotec: Samsung Engineering holds a 10% stake
in Sungjin Geotec, an offshore oil drilling company that is a
subsidiary of POSCO.
Taylor Energy: Taylor Energy is an independent American
oil company that drills in the Gulf of Mexico based in New
Orleans, Louisiana. Samsung Oil & Gas USA Corp.,
subsidiaries of Samsung, currently owns 20% of Taylor
Energy.
Wacom
Samsung owns 5% of Wacom. This company produces the
styles of tab, smartphone, screen touch laptop etc.
25.
Samsung Vision
The underlying principle that defines our vision for the future
of Samsung Electronics is "Inspire the World, Create the
Future".
This vision is at the very core of our commitment to lead
innovations in technology, products and solutions that inspire
communities around the world to join our aspiration for
creating a better world full of richer digital experiences. As
we recognize our responsibility as a creative leader in the
global society, we also dedicate our efforts and resources to
offering new values to the industry and customers while
fulfilling shared values of our employees and partners. At
Samsung Electronics, we want to create a future that is
exciting and promising for all together.
26. As a guide to common understanding and measurable goal, a set
of specific objectives is incorporated into our vision. By 2020, we
seek to achieve annual sales of USD 400 billion while placing
Samsung Electronics’ overall brand value among the global top 5.
Three key strategic pillars that are now part of our culture,
business operation and management describe the governing
initiatives to this end: ‘Creativity ’, ‘Partnership’ and ‘Great
People’.
We pride ourselves on delivering the world’s best products
through operational excellence and innovation prowess. As we
look forward to exploring new business areas including healthcare
and biotechnology, we are excited for new challenges and
opportunities ahead. Samsung Electronics will continue to build
on top of its current achievements new capacity and expertise to
further its competitiveness and its history of innovation.
27.
1995: SAMSUNG INDIA ELECTRONICS LIMITED (SIEL)
ESTABLISHED.
1996: 1. FOUNDATION STONE LAID FOR FACTORY IN
NOIDA.
28. 2. FIRST R&D (RESEARCH & DEVELOPMENT) INSTITUTE
SET UP IN BENGALURU.
1997: PRODUCTION COMMENCES IN NOIDA
FACTORY; FIRST CTV ROLLS OUT.
29. 2002:R&D CENTRE SET UP IN DELHI NCR (NOIDA)
2003:REFRIGERATOR PRODUCTION BEGINS IN NOIDA
FACTORY
2005: SAMSUNG BECOMES MARKET LEADER IN
PANEL TVS TO NEVER LOOK BEHIND
30. 2016: 1.Most Trusted Brand by The Brand Trust Report, India.
2. Ultra Data Saving Mode was awarded as Excellence in Mobile
Device and Equipment ET Now Telecom Excellence Award.
3. Special Recognition Award for the Excellence in Mobile Device
and Equipment ET Now Telecom Excellence Award.
4. Most Happy Customers at Tele Analysis Leadership Awards.
2015: 1. Smartphone of the Year by NDTV Gadget Guru Awards
for Galaxy S6 Edge
2. Smartphone of the year by Exhibit Tech Awards for Galaxy S6
Edge
4. Best Flagship of the Year by Mobility Excellence for Galaxy S6
Edge
5. Gold Award by Readers' Digest Trusted Brand Refrigerator
Category
31. 2014: 1. Samsung India received the award for 'Top
Company' for Mobile Handsets and Tablets from Voice and
Data Magazine
2. The Economic Times, Brand Equity (Most Trusted Brand)
3. Golden Peacock Award for Corporate Social Responsibility
(CSR)
4. The Economic Times, Brand Equity (Most admired
Marketers in the Country)
2012: Consumer Durable Company of the Year by the
NDTV Profit Business Leadership Awards
2011: 1. Most Aspirational Brand of the Year in the Best Brands
Survey conducted by Financial Express and Market Research Agency
Synovate.
32. 3 Awards at the NDTV Gadget Guru Awards 2011
1. Design of the Year - 3D LED TV UA55C9000
2. TV of the Year - 3D LED TV UA46C8000
3. Smartphone of the Year - Galaxy S
33.
Samsung Electronics
Samsung Electronics Co., Ltd. is a South
Korean multinational electronics company headquartered
in Suwon, South Korea. Through extremely complicated
ownership structure with some circular ownership it is the
flagship division of the Samsung Group, accounting for 70% of
the group's revenue in 2012. It is the world's second largest
information technology company by revenue,
after Apple. Samsung Electronics has assembly plants and sales
networks in 80 countries and employs around 370,000
people. Since 2012, Kwon Oh-hyun has served as the company's
CEO.
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.
34. The company focuses on four areas: digital
media, semiconductor, telecommunication network and LCD
digital appliances.
The digital-media business area covers computer
devices such as laptop computers and laser printers; digital
displays such as televisions and computer monitors;
and consumer entertainment devices such as DVD
players, MP3 players and digital camcorders; and home
appliances such as refrigerators, air conditioners, air
purifiers, washers, microwave ovens, and vacuum cleaners.
The semiconductor-business area includes semiconductor
chips such as SDRAM, SRAM, NAND flash memory; smart
cards; mobile application processors; mobile TV receivers; RF
transceivers; CMOS Image sensors, Smart Card IC, MP3 IC,
DVD/Blu-ray Disc/HD DVD Player SOC and multi-chip
package (MCP); and storage devices such as optical disc
drives and formerly hard disk drives.
35. The LCD business area focuses on producing TFT-
LCD and organic light-emitting diode (OLED) panels for
laptops, desktop monitors, and televisions.
Samsung Print was established in 2009 as a separate entity to
focus on B2B sales and has released a broad range
of multifunctional devices and printers and more.
37.
Samsung Smart Class
Samsung and Navodaya Vidyalaya Samiti started the
Samsung Smart Class initiative in 2013. Today, it is present
in 373 Jawahar Navodaya Vidyalaya across rural India. More
than 2 lakh students have been introduced to modern
learning through this initiative. Each Samsung Smart Class
consists of the latest audio-visual tools, like Samsung Tablets
(41 tabs per class), interactive smart board, printer and other
devices. These classes also have learning apps for Computer
Science, Mathematics, English and Science. These latest
technology tools help students to learn complicated concepts
easily. Samsung Smart Class also enables teachers in retaining
the students’ attention due to this modern and interactive
learning environment.