Samsung Group Timeline and History Samsung’s beginnings (1938 ~ 1969) On March 1‚ 1938‚ founding chairman Byung-Chull Lee started a business in Taegu‚ Korea with 30‚000 won. At first‚ Mr. Lee’s little business was primarily in trade export‚ selling dried Korean fish‚ vegetables‚ and fruit to Manchuria and Beijing. But in just over a decade‚ SAMSUNG - meaning literally "three stars" in Korean - would have its own flour mills and confectionery machines‚ its own manufacturing and sales operations
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Department of Logistics and Maritime Studies The Hong Kong Polytechnic University LGT3105 Operations Management 1st Semester 2013/2014 Subject Description This is a foundation subject on Operations Management (OM). It will provide students with an understanding of the strategies‚ processes‚ and analytics of OM for both manufacturing and service organizations. At the end of the course‚ students will have a fair understanding of how things should be done and the importance of these
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The conflicts between Apple and Samsung In the emerging market smartphone usage is increasing‚ while the most representative brands are Apple and Samsung. Apple is the most valuable US brand that has played a dominant position in US; while Samsung is a South Korea multinational conglomerate firm and the represent products are innovative and revolutionary smartphone and tablet. Apple and Samsung are the most extraordinary companies in terms of the advanced productions and market capitalization (Cantor
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Growth Strategy Analysis Of Samsung Economics of Strategy INTRODUCTION The Samsung Group is a multinational conglomerate corporation headquartered in Samsung Town‚ Seoul‚ South Korea. It is the world’s largest conglomerate by revenue with annual revenue of US$173.4 billion in 2008 and is South Korea’s largest chaebol. The meaning of the Korean word Samsung is "TriStar" or "three stars". As stated in its new motto‚ Samsung Electronics’ vision for the new decade is‚ "Inspire the World‚ Create
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Case 27: New Balance Athletic Shoe Inc. Name: Fernandez‚ Carla Rose M. Year: 5th Year Date of Submission: August 7‚ 2013 CASE PROPER I. Objective * To be more competitive in the market * To open all possible opportunities for the company a. Expand and innovate their product lines b. Increase market share and increase loyal customers II. Statement of the Problem * Operational issues such as high labor cost‚ high inventory and longer lead
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Preface This report investigates how Samsung was able to build a competitive advantage in the global memory chip industry and what steps it should take to sustain its advantage in the face of the imminent threat of Chinese competition. Analysis of Samsung’s business strategy and competitive advantage Porter’s 5 forces model in Exhibit 1 is used to analyze the global memory chip industry and Samsung’s strategy to date. Samsung had become the dominant player in the global memory chip industry
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Business Planning and Change Management Samsung has taken over the electronic world and is currently the number one‚ consumer electronic brand and has revolutionised the smartphone. Since its inception in 1969‚ Samsung has successfully transitioned from an analogue driven product line to a cutting-edge and award winning digital innovator that Is currently the world’s manufacture of mobile phones. With worldwide overall product sales of $US 200 billion‚ over 75‚000 employees and a global network
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II. Table of Contents Table of contents ……………………………………………………………………………….p.2 List of tables …………………………………………………………………………………….p.3 List of graphs …………………………………………………………………………………...p.4 List of appendices ………………………………………………………………………………p.5 Executive summary a. Major findings ………………………………………………………………………………..p.6 b. Conclusions…………………………………………………………………………………...p.6 c. Recommendations…………………………………………………………………………….p.6 Problem definition a. Background to the problem………………………………………………………………...…p
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2007 SAMSUNG ELECTRONICS Environmental & Social Report Contents Message from the CEO 08 At a Glance 10 Company Profile Financial Performance Our Sustainability Our Environment 11 14 16 20 Philosophy & Policy Focus Areas Management System Activity & Performance 21 22 23 27 Our Business Partners 44 Philosophy & Policy Focus Areas Management System Activity & Performance 45 46 47 49 Our Community Philosophy & Policy
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Q1. Samsung Electronics strategy has successfully achieved both low-cost advantages and differentiated products. Samsung is able to achieve and maintain its low cost position due to various factors. Samsung has always emphasized on process and production efficiency. The company places all its fab lines and R&D facility at a single site‚ so that engineers from various departments can come together to resolve any process or design issues as soon as possible. Benefiting from the collocation‚ Samsung
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