Samsung Electronics

Samsung Electronics Co., Ltd.
Native name
삼성전자 주식회사
Hanja
三星電子株式會社
Revised RomanizationSamseong Jeonja Jusikhoesa
FormerlySamsung Electric Industries (1969–1988)
Company typePublic
ISINKR7005930003
Industry
Founded13 January 1969 (1969-01-13) in Suwon, South Korea
HeadquartersSamsung Digital City, Samsungno 129, Maetan-dong, ,
South Korea
Area served
Worldwide
Key people
ProductsSee products listing
Revenue US$220.726 billion (2024)
US$24.008 billion (2024)
US$25.274 billion (2024)
Total assets US$377.473 billion (2024)
Total equity US$295.058 billion (2024)
Owners
Number of employees
270,372 (2023)
ParentSamsung
Subsidiaries
Websitesamsung.com
Footnotes / references
Financials as of fiscal year ended 31 December 2024.
References:

Samsung Electronics Co., Ltd. (SEC; stylized as SΛMSUNG; Korean: 삼성전자; RR: Samseong Jeonja; lit. Tristar Electronics) is a South Korean multinational major appliance and consumer electronics corporation founded on 13 January 1969 and headquartered in Yeongtong District, Suwon, South Korea. It is currently the pinnacle of the Samsung chaebol, accounting for 70% of the group's revenue in 2012, and has played a key role in the group's corporate governance due to cross ownership. It is majority-owned by foreign investors.

As of 2019, Samsung Electronics is the world's second-largest technology company by revenue, and its market capitalization stood at US$520.65 billion, the 12th largest in the world. It became the world's largest manufacturer of smartphones in 2024. Samsung is known most notably for its Samsung Galaxy brand consisting of phones such as its flagship Galaxy S series, popular midrange Galaxy A series as well as the premium Galaxy Fold and Galaxy Flip series. It has been the largest television manufacturer since 2006, both of which include related software and services like Samsung Pay and TV Plus. The company pioneered the phablet form factor with the Galaxy Note family. Samsung is also a major vendor of washing machines, refrigerators, computer monitors and soundbars.

Samsung Electronics is also a major manufacturer of electronic components such as lithium-ion batteries, semiconductors, image sensors, camera modules, and displays for clients such as Apple, Sony, HTC, and Nokia. It is also the world's largest semiconductor memory manufacturer and from 2017 to 2018, was the largest semiconductor company in the world, briefly dethroning Intel, the decades-long champion. Samsung Electronics has assembly plants and sales networks in 76 countries and employs more than 260,000 people.