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Samsung Electronics

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Financials

Samsung Electronics (KRX: 005930 or SE) is a global electronics manufacturer headquartered in Seoul, South Korea. The company recorded a revenue of KWR 302 trillion (USD 234 billion) in 2022.

SE has four operating segments: Device eXperience (DX), Device Solutions (DS), Samsung Display (SDC), and Harman. The DX segment produces consumer electronic devices such as smartphones and tablets. SE is the leader in the global smartphone market with a market share of ~20% in 2021. The DS segment includes SE’s semiconductor business;  Samsung also leads the global memory chip market. The SDC segment offers display panels primarily targeting mobile phones. SE acquired Harman International Industries in 2017, which is now the company’s automotive electronics components business.

America is SE’s largest market by revenue (~39% of total revenue), followed by Europe, Asia and Africa, and South Korea. As stated during its investor presentation in January 2023, SE aims to sustain its leadership across the smartphone segment with the launch of new foldable and 5G-enabled devices. In March 2023, SE also announced plans to develop a large-scale chip-making base over the next 20 years with the support of the South Korean government. SE’s New Environmental Strategy 2022 targets to achieve net-zero carbon emissions for all operations in the DX division by 2030 and for the DS division by 2050.

HQ Location:
129 Samsung-ro Maetan-3dong, Suwon-si, Gyeonggi-do Seoul KOR
Founded year:
1969
Employees:
10,000+
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Recent Updates

Product updates
May 19, 2024
Samsung showcases OLEDoS screen for XR headsets at SID 2024 event
Extended Reality
Partnerships
Mar 5, 2024
NRG Esports and Samsung partner for mobile gaming and esports
Esports
Product updates
Feb 29, 2024
Samsung announces upcoming XR headset at MWC 2024
Extended Reality
Partnerships
Feb 26, 2024
Samsung partners with Metalenz to enhance facial recognition solutions
Facial Recognition
Product updates
Jan 23, 2024
Samsung and Sahmyook University provide update on Robotic Exosuit EX1 Research
Age Tech
Partnerships
Jan 17, 2024
Google and Samsung partner to enhance Galaxy S24 phones with Gemini AI model family
Foundation Models
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