samsung

Samsung

Samsung stitches together innovation across consumer electronics, semiconductors, and AI-powered devices for a connected tomorrow
Founded
1969
CEO
Jun Young-hyun
Headquarters
Suwon, South Korea
Employees
270372

Leadership

Jun Young-hyun

Market Cap

As of July 20, 6:43:43 AM EDT

USD 336 billion
Financial Summary
Revenue
USD 235 billion
Assets
USD 377.47 billion
Profits
USD 25.3 billion

Introduction

Samsung Electronics, established in 1969 and based in Suwon, South Korea, is a global electronics powerhouse. Led by CEO Jun Young-hyun and backed by over 270,000 employees, Samsung achieved nearly USD 235 billion in 2024 revenue and more than USD 25 billion in net profit. Strong across semiconductors, smartphones, and AI, Samsung remains a dominant force in global tech innovation.

History & Milestone

1969: Founded in Suwon, Korea.

Grew into a global leader in memory chips, displays, mobile devices, and home electronics.

2024: Reported record annual revenue and substantial AI investments across its divisions. (turn0search1)

 

Product & Services

Semiconductors: DRAM, NAND, system LSI, foundry services.

Devices: Smartphones (Galaxy series), tablets, wearables, TVs, home appliances.

Displays: OLED and QLED for mobile and premium TVs.

AI & Enterprise: B2B solutions, IoT platforms, and connected systems.

Business Model & Strategy

Samsung drives revenue through vertical integration—manufacturing everything from chips to finished devices. Its strategy centers on maintaining tech leadership in AI, memory, and displays, while expanding foundry and product lines for long-term growth.

Market Presence & Financials

A global giant, Samsung is among the world’s largest tech firms with leading positions across memory, displays, and mobile. It reported strong 2024 earnings despite growing macro headwinds

Leadership & Culture

Samsung balances innovation with hierarchical discipline. Under Jun’s leadership, it pursues aggressive R&D and global expansion while navigating geopolitical and supply chain volatility.

Controversies & Challenges

Q2 2025: Operating profit fell 55%, mainly due to chip export restrictions and foundry underperformance.

Risks include U.S.–China tech tensions, a competitive foundry market, and shifting memory cycles.

Future Outlook

Samsung anticipates recovery later in 2025 through AI chip demand rebound, the Tesla $16.5 billion AI6 chip deal, and evolving memory and display markets