...Samsung Electronics Contents Overview Business Units Corporate Vision Performance Indicators Brand Excellence Corporate Citizenship 2 Overview 3 History 1972 Production of B/W TV sets began 1992 Company ranked world’s top DRAM supplier 1969 Company established 1980 Korea TelecommunicationsCorp. acquired 1995 TFT-LCD mass production began 1974 Wafer fabrication started 1988 Samsung Semiconductor & Telecommunications merged with Samsung Electronics Co. 1994 256Mb DRAM developed 1996 CDMA cellular services commercialized 1995 - 2009 SAMSUNG. All rights reserved. | 4 History 2004 S-LCD Corp., LCD joint venture with Sony established World’s 1st to develop and demonstrate Mobile WiMAX 2003 Company became leader in flash memory 2006 World’s 1st Blu-ray Player launched Provides world’s 1st Solid State Drive for PC applications 2009 Reorganized into stand-alone business units 1997 Worldwide Olympic Partner contract signed 1999 World’s 1st to offer full line-up of digital TVs Developed watch phone, MP3 phone and TV phone 2005 World’s 1st Satellite and Terrestrial DMB terminals launched World’s 1st 102”PDP TV, 82”LCD TV, and 71” DLP™ TV developed 2010 ~ 2011 Acquired Samsung Digital Imaging Co. Announced investment in medical devices business 1995 - 2009 SAMSUNG. All rights reserved. | 5 Global Network 68 Countries January 2011 Manufacturing Subsidiaries Sales...
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...“Inspire the world, Create the future.” 1.0 Executive Summery Samsung Electronics has proven to the business world that they are one of the most prestigious technology companies in the industry. With more technology advancements than our market can handle at this point and time, Samsung has paved the way for the future in electronics. One of the most popular new “toys” in the market today, is the unbelievable 3D TV. The first 3D TV was launched in March of 2010, and has already had a major impact on the market. With the release earlier this year, Samsung dominated the market, controlling nearly 90% of the total share. Samsung’s product, the 9000 series TV, is incomparable to competition with its ultra-thin screen, measuring only 0.3 inches in width. The 9000 series also comes with a full color spectrum that makes for an incredible viewing experience. Although Samsung is dominating the 3D market, we still have very detailed strategies and tactics that we believe will give us an increased competitive advantage over our competition. The company’s main emphasis the past couple years has been on integration, union, and encouraging innovation. Samsung is always preparing for the next big item to hit the market, which is why their technology is so far ahead of all leading competitors. In the future, we plan to enter the 3D video gaming market with a partnership with Microsoft. This will give us access to all of Microsoft’s gaming technology, in which we will combine with our quality...
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...electronic equipment. It is an electronically-modulated optical device made up of any number of pixels filled with liquid crystals and arrayed in front of a light (backlight) or reflector to produce images in colour in 1983. By 2011, worldwide sales of televisions with LCD screens had surpassed the sale of CRT units or monochrome. The earliest commercially made LCD TV was the Casio TV-10 made watches, calculators, and telephones. LCDs have displaced Cathode Ray Tube (CRT) CASIO T10 1 1.2: ABOUT LED TV: LED refers to light emitting diode. An LED-backlight LCD television is an LCD TV that uses LED backlighting instead of the CCFL (Cold Cathode Fluorescent Lamp) used in traditional LCD televisions. It is not a true LED display but is called backlighting has a dramatic impact, resulting in a thinner panel, less power consumption and better heat dissipation, and a brighter display with better contrast levels. "LED TV" by all companies who manufacture LED-backlight LCD TV. The use of LED...
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...strategy1.8 Price strategy1.9 Value chain strategy1.10 Promotion strategy1.11 Financial status1.12 Recommendation to management1.13 Attachments of Samsung Products * ACKNOWLEDGEMENT Above all i would like to thank“ALMIGHTY ALLAH” whose guidance let me courageous atevery moment. I believe that he is the only sovereign authority who has the control of everything. I extend my humble and deepest appreciation to my Respected Instructor M.A. Buttfor thekeen interest taken by him in the completion of this report. He has been a constant source ofinspiration and great help to me. His precious advices, instructions and knowledge of subject helpedme immensely. I am highly thankful to The Authors of Strategic Marketing, David Cravens and NigelPiercywho were so helpful and provide me with necessary information and technical support whereever required in their text book. * INTRODUCTIONSamsung Electronics is a South Korean multinationalelectronics and information technologycompany headquartered in Samsung Town, Seoul.It is the flagship subsidiary of the Samsung Group. With assembly plants and sales networks in 61countries across the world, Samsung has approximately 160,000 employees.In 2009, the company took the position of the world’s biggest IT maker by surpassing the previousleader Hewlett-Packard.Its sales revenue in the areas of LCD and LED displays and memory chips is number one in theworld.In the TV segment, Samsung’s market position is dominant. For the five years since 2006,...
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...1. By 2002, Samsung was rated as one of the top 3 players in the global mobile handset market. Analysts attributed Samsung’s success to its marketing initiatives. Discuss the role of marketing in Samsung’s success. To establish itself as a major player in global mobile handset market, Samsung implemented different marketing strategies like innovative and technologically advanced products, people centric product designs which satisfied the needs of the consumers worldwide, partnering with local distributors and suppliers, exploring new market and consolidated marketing effort. Firstly, Samsung focused on its product to shed its OEM player. For this, the company started a restructuring process called ‘New Management’ which focused on product quality, globalization and multifaceted integration. The company prioritized quality over quantity and implemented various quality initiatives like Six Sigma approach and assembly line manufacturing to ensure quality. To make products suitable to all, it established design institutes in Europe, US and Asia. Samsung separated a budget of $ 126 in a program for building complete global design. In already crowded electronics consumer goods sector, Samsung decided to launch products which were technologically advanced and innovative. With this, Samsung gained a competitive advantage among its competitors. It also established research facilities in California (United States) and Tokyo to improve its product line. Another marketing strategy...
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...Marketing Management I Paper on “If I were the CMO of HTC” By Prashant Nair Why I chose HTC HTC is a company which was on par with the likes of Samsung mobile till 2010. Since 2011, HTC has lost a majority of its market share to Samsung and other competitors. The major reason behind this was the management’s blind eye towards the marketing front. HTC is known to be a highly innovative company coming up with a good mix of robust yet stylish smartphones. The company believed that its cutting edge technology would be enough to sell its phones. HTC has an array of superb phones, but, the general consumer may not remember even one of these phones. Every year there are at least 2 or 3 HTC phones which make it to the top ten lists for the year. Still, the recall value for HTC is nowhere near the same for Samsung or for the Apple IPhone. There are ample reasons to believe that a more aggressive marketing strategy could have helped HTC to grab a major chunk of the market share. History of HTC HTC Corporation is a Taiwanese manufacturer of smartphones and tablets. It was founded by Cher Wang, H.T. Cho and Peter Chou in 1997. HTC began designing some of the world's first touch and wireless hand-held devices in 1998. The...
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... Micromax launched X1i, its first telephone with a month-long battery back-up. In 2014, Micromax's sales exceeded those of Samsung to become the mobile telephone manufacturer shipping the most telephones in one quarter in India. On 24 January 2014, Micromax became the first Indian mobile company to start sales in Russia. The Achievement Traditionally, the dominant mobile phone companies in India have been foreign giants—be it Nokia Oyj, Samsung Electronics Co., BlackBerry Ltd or Sony Corp. But through sustained marketing efforts and the introduction of products at lower price points but with the same specifications and contemporary design that their global counterparts offer, Indian handset makers have been steadily gaining market share. The forerunner among them is Micromax Informatics Ltd, which according to latest International Data Corp. (IDC) data had a 22% share of the Indian mobile handset market, second only to Samsung, which had a 26% share, and much ahead of other foreign competitors like Nokia, Sony and BlackBerry. The Strategy: A large part of Micromax’s growth is attributable to its significant share of the smartphone market, including so-called phablets (voice and data devices that have a screen size of 5 inch and above). It has been able to deliver smartphones with specifications akin to those offered by global handset makers like Samsung, but at half the price. As a result, the company has been able to attract a...
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...AB/MT219: Marketing DATE 1/4/2013 KapConsultants Marketing Plan KapConsultants Marketing Plan SECTION II. THE MARKETING ENVIRONMENT We here at Samsung are looking to launch our new TV electronic line in the North American, Europe and Asian markets. We have continued to make strides towards promoting sustainable leadership under the mantra “Devoting our human resources and technology to creating superior products and services, thereby contributing to a better global society.” We believe here at Samsung by doing and providing the best we further the electronics and consumer markets by example. Social Environment Here at Samsung we are providing a range of career and peer building programs that focus on ethical business practices within the business environment. Providing methods of training against corrupt business practices is mandatory amongst our company employees and we strongly adhere to these policies. We also have an external website dedicated for reporting unethical business practices specifically for stakeholders as well. The proportion of women in our East Asian offices accounts for over 60% percent of our work force in 2011 and 40% globally and we continue to practice fair hiring practices. Demographic Environment Thanks to growth in the high value LED and Plasma TV market in past few years, we here at Samsung had another successful year and have been the industry leader as far as unit sales in this category six years running. The increase in sales in the...
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...companies Samsung which is a manufacturing company and Wyndham who offers services, these two companies have in these past couple of years reinvented their brand all thanks to using innovation, creativity, and design. Both of these companies have excelled in sells by offering better products or services to their customers. These companies have learned to utilize all three strategies in order for their company to thrive and flourish both internally and externally. I would like to start off with a little history of my manufacturing company Samsung. “Samsung Electronics, leads the global market in high-tech electronics manufacturing and digital media.” This company was first established on March 1, 1938 by chairman Byung-Chull Lee in Taegu, Korea however, they “Began production of the black-and-white televisions for domestic sale” in the 1970’s. In the late 70s to early 80s Samsung decided to invest in heavy, chemical, petrochemical industries which led to new businesses under the Samsung name for example Samsung Heavy Industries, Samsung Shipbuilding and Samsung Precision Company (now Samsung Techwin). As a result in the following years to come Samsung expanded globally and diverfisied their company by entering the PC market, Home appliances, inventing the first DVD-R, Developing the world's fastest CPU (central processing unit), the Alpha chip, and entered into the mobile market for example tablets and mobile cellphones. Currently Samsung is known for its Galaxy smartphone series which...
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...Samsung is a leading name in consumer electronics ,especially in the smartphone industry today.Originating from South Korea,the company has established a strong presence worldwide.A company with an extremely diversified portfolio,Samsung has a complex brand to manage.We conducted a comprehensive assessment of how the company has performed overall as a brand. Our Survey We conducted a survey on people from various countries.The idea was to find out what an average consumer of gadgets thinks about Samsung.We asked them questions on their profile,age,gender,where they purchase consumer electronics and what are the factors they consider while making the purchase.Our results are utilized in the analysis throughout the report. History-What is Samsung? Lee Byung-Chul founded Samsung, which means “Three Stars” in Korean, in 1938 in Taegu, South Korea. The company grew to become the largest “Chaebol” in South Korea. Chaebols are multinationals that invest in several international enterprises.The company started from a trading company and ventured into industries that vary from electronics to insurance.Initially,they did not invest in branding Samsung,however,they have been actively branding now. Brand Architecture We look at Samsung’s brand structure by studying its corporate brands and endorsed brands.The underlying strategy that holds the various industries of Samsung: Corporate Branding The most prominent Samsung subsidiaries include Samsung Electronics, Samsung Heavy...
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...NOKIA MARKETING PLAN PROJECT INTRODUCTION Nokia was founded in 1865 as a paper mill in Finland. It went on to establish it’s self as a renowned mobile phone manufacturer and one of the most powerful brands in the world. In 1992 Nokia shifted its focus to primarily telecommunications and appointed Jorma Ollila as its CEO. Six years later in 1998 Nokia had established it’s self as the world’s largest mobile phone manufacturer with a turnover of 31 billion. In 2006, Olli-Pekka Kallasvuo replaced Jorma Ollila as the CEO, but was not able to reverse the decline of Nokia’s market share especially in the high end segment. Competitors like Apple, Blackberry, HTC, Samsung, and phones using Google’s Android operating system captured market share from Nokia at an alarmingly increasing rate. By the end of 2010 Android was already the most widespread smart phone operating system in the world and Nokia’s market share in the smart phone segment had declined from 38 to 31 percent in one year (Sokala). In September 2010, the appointment of the Canadian Stephen Elop as the new CEO of Nokia aroused adversarial feelings among people since Elop became Nokia’s first CEO not to originate from Finland. Elop was hired to change the course of Nokia and to stop the declining trend in Nokia’s global market share especially in the smart phone segment. The first major decision was to start extensive cooperation with Microsoft in February 2011. VISION AND STRATEGY Nokia’s mission is simple: Connecting...
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... The IPhone 1 matches up to expectations 7 The Marketing Genius of IPhone 1 7 The Benefits of the IPhone series and how the customers take advantage from them: 8 The Uniqueness of the Apple IPhone Line 10 The Brand Appeal of Apple IPhone Series 11 Conclusion: 13 Bibliography 14 Acknowledgement: I would like to start this document by thanking all my instructors who played a vital role in ensuring that I had the necessary knowledge to attempt this assignment successfully. I would also like to thank my fellow students who not only supported me morally throughout the course of this assignment but also took on the duty of completing the proof reading process of this assignment and pointing out small typing errors and general grammatical deficiencies. I would also like to thank my parents who supported me entirely in the course of this assignment. Reflective Essay The company that I have chosen for this assignment is Apple. Apple is one of the largest technological giants of the world with products ranging from LED televisions to Smart Phones. In this particular assignment, we will be focusing on the Smart Phone line of Apple. Apple is embroiled in a technological battle with Apple, Nokia, HTC, Sony and other famous Mobile Phone manufacturers for the dominance of the market. This means that the company invests millions of dollars into the research and development of new products so that they can out-think their competitors and capture the market. I have...
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...3.0 Internal Environment of Samsung 3.1 Resources 3.1.1 Tangible resources In 2009, Samsung Electronics has reached $ 110.2 billion market capitalization, for the first time beyond Intel, the world's largest semiconductor manufacturer revenue, Samsung in 2009 to $ 117.8 billion in annual sales, revenue has surpassed HP as the world's largest electronics company, is the world's first two big chip plant, second in size only Intel 2008 is to have up to 21 products in the world market share in the market up to the first supplier. 3.1.1.1 Financial resource Through financial analysis of Samsung, we can see that it is now in a strong financial position. As the data shows, Samsung has high amount of total assets and net sales .Although its debt isn’t in a very low level, its net income still keeps growing, reaching to13.8 billion dollars in 2009. Organizations in such a strong financial position can be more responsive to new opportunities and new threats. 3.1.1.2 Technological resource Innovation is crucial to Samsung's business. As new technologies are being constantly introduced to the market, speed is essential for remaining competitive in today's digital era. In case of that, Samsung’s R&D centers are set up all over the world. The R&D network spans six Samsung centers in Korea and 18 more in nine other countries, including the United States, the United Kingdom, Russia, Israel, India, Japan and China, as well as other research centers and universities. These centers are tasked...
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...evicted HUL's Surf from the No. 1 position in 1985. HLL then had a look at the situation and found that there was a large market segmentation in detergent space and then came up with lower priced Wheel (green) and Rin (blue) detergent powders targeted at different market segments. This segmentation helped HLL regain part of its lost market. This post deals with price wars which are becoming an essential part of business. But a cut in price is the last resort in a price war. We will discuss more on various tactics to fight a price war. I will primarily focus on price wars in the detergent space, will also chip in with more examples as and when suitable. Before i delve into more theories and strategies, lets have a look at some stats and series of events: The detergent market in India can be divided into premium (Surf, Ariel), mid-price (Rin, Henko, Tide) and popular segments (Ghari, Wheel, Nirma, Mr. White). They account for 15%, 40% and 45% of the market share, which is 60% of the total market. Regional and small unorganized players still account for the 40% market. Per-capita consumption of detergent in India at 2.7 kg is the lowest in the world. HLL entered India in 1957, Surf was the market leader for a long time. Nirma Chemicals was started in 1969, in 1985 Nirma became the leading detergent in India. In...
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...Introduction Our group selected to analyze Samsung Electronics, the division of Samsung, and its one of the most popular cellphones, Samsung Galaxy Note 2. We will analyze our product from four parts, including description of the company and product, situational analysis, environmental scan and segmentation/targeting, and marketing mix 4P’s. Part 1: Company/Product Description of Company and Its Product Samsung Group is a South Korean multinational conglomerate company founded in 1938, which is diversified into many areas including fashion, electronics, construction, medicine and more (Samsung, 2014). But now, Samsung Electronics, particularly mobile phones, have become one its most important source of income. On September 26, 2012, Samsung Electronics released its brand new product - Galaxy Note 2, which was sold more than 30 million units as of September 25, 2013 (Smith, 2013). Description of the Reasons to Choose Company and Its Product There are two reasons we want to choose Samsung Galaxy Note 2. First, Samsung Electronics leads the global market in high-tech electronic manufacturing and digital media. Samsung not only has significant influence on South Korea economy as the largest South Korea chaebol (business conglomerate), but also is the world’s largest information technology company measured by 2012 revenues, and 4th in market value (Danka & Shibaloy, 2012). To be more specific, Samsung contributed 17% of South Korea’s $1,082 billion GDP according to...
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