Samsung Electronics Co., Ltd. (KRX: 005935)
Introduction
Samsung Electronics Co., Ltd., (KRX: 005935) listed on the Korea Exchange under the ticker symbol KRX: 005935, is a South Korean multinational conglomerate renowned for its innovative contributions to the global technology landscape. Established on January 13, 1969, the company is headquartered in Suwon, South Korea, and has grown into one of the most influential players in the electronics and technology industries.
Corporate Divisions and Key Operations
Samsung Electronics operates through several major divisions:
1. Device Experience (DX):
This division focuses on consumer electronics, including flagship products such as smartphones, tablets, televisions, and home appliances. Samsung’s Galaxy series is among the most recognized and best-selling product lines worldwide.
2. Device Solutions (DS):
The DS division is responsible for manufacturing semiconductors and memory chips, which are integral to modern computing and communication technologies. This segment also produces advanced display panels used in various devices.
3. Samsung Display (SDC):
This division specializes in state-of-the-art display technologies, including OLED and QLED screens that power many smartphones, televisions, and other devices across the globe.
4. Harman International:
Focusing on automotive and audio systems, Harman International is a significant subsidiary that enhances Samsung’s presence in the automotive technology market.
Financial Overview
In 2023, Samsung Electronics KRX: 005935 reported a revenue of ₩258.94 trillion, reflecting a 14.33% decrease compared to the previous year. The company’s net income for the same period was ₩14.47 trillion, a notable decline of 73.55%. This downturn was primarily attributed to reduced demand in semiconductor markets and challenges in meeting supply chain demands for AI-related technologies.
Samsung’s preferred stock (KRX: 005935) was recently trading at ₩46,900 on the Korea Stock Exchange as of January 2025, reflecting market volatility amid global economic shifts and industry-specific hurdles.
Market Leadership and Innovations
Samsung is the world’s largest manufacturer of smartphones and televisions. Its electronics components, including lithium-ion batteries, semiconductors, image sensors, and camera modules, are supplied to global giants such as Apple, Sony, and Nokia.
The company remains a leader in the semiconductor sector, developing cutting-edge memory and logic chips. Despite challenges in its Exynos chip production due to lower-than-expected 3nm yield rates, Samsung’s advancements in chip technology continue to shape the future of computing.
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Recent Developments on Samsung Electronics KRX: 005935
1. Galaxy Series Expansion:
Samsung recently announced plans to launch the Galaxy S25 series exclusively with Qualcomm’s Snapdragon 8 Gen 4 SoC. This move marks a significant shift from using its in-house Exynos processors in flagship models.
2. Triple-Fold Smartphones:
The company is planning to unveil an innovative triple-fold smartphone in 2025, reinforcing its commitment to pushing the boundaries of mobile technology.
3. AI Chip Development:
Samsung’s focus on AI chips has faced production challenges, impacting its financial performance. However, the company continues to invest in advanced manufacturing techniques to address market demand.
Global Presence and Workforce
Samsung Electronics has assembly plants and sales networks in 76 countries and employs over 270,000 people. Its global reach and diverse product portfolio have cemented its position as a cornerstone of the technology industry.
Future Outlook
Samsung Electronics remains committed to innovation and sustainable growth. Despite facing challenges in some sectors, the company’s investments in advanced technologies such as AI, foldable devices, and next-generation semiconductors are expected to drive its future success. As a leader in electronics and technology, Samsung continues to shape the industry and set benchmarks for quality and innovation.
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Conclusion
Samsung Electronics Co., Ltd. (KRX: 005935) has consistently demonstrated its ability to adapt and innovate in a rapidly evolving industry. From leading the consumer electronics market to pioneering advancements in semiconductors and display technology, Samsung remains a global powerhouse. Despite facing recent challenges, the company’s strategic investments and focus on cutting-edge technologies position it well for sustained growth and leadership in the future.
FAQs
1. What is KRX: 005935?
KRX: 005935 refers to the preferred stock of Samsung Electronics Co., Ltd. listed on the Korea Exchange. This stock represents ownership in Samsung Electronics and typically offers higher dividends than common stock.
2. What are Samsung’s primary business divisions?
Samsung Electronics KRX: 005935 operates through several divisions, including Device Experience (DX), Device Solutions (DS), Samsung Display (SDC), and Harman International. These divisions cover a wide range of consumer electronics, semiconductors, displays, and automotive technologies.
3. How has Samsung performed financially in recent years?
In 2023, Samsung reported a revenue of ₩258.94 trillion and a net income of ₩14.47 trillion, reflecting a decline due to reduced demand in the semiconductor market and supply chain challenges.
4. What are Samsung’s recent innovations?
Recent innovations include plans to launch the Galaxy S25 series with Qualcomm Snapdragon 8 Gen 4 SoC, the development of triple-fold smartphones, and advancements in AI chip technology.
5. Where does Samsung operate globally?
Samsung has assembly plants and sales networks in 76 countries and employs over 270,000 people worldwide, making it a truly global corporation.
6. What is the future outlook for Samsung Electronics?
Samsung aims to lead in AI, foldable devices, and next-generation semiconductors. The company’s investments in advanced technologies and its commitment to innovation position it for sustained growth and industry leadership.