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company headquartered in Samsung Town, Seoul. It comprises numerous subsidiaries and affiliated businesses, most of them united under the Samsung brand, and is the largest South Korean chaebol.
Samsung industrial subsidiaries include Samsung Electronics (the
its revenues are larger than many countries GDP; in 2006, it would have been the world's 35th-largest economy.
business group.
In life he served as chairman of the
Federation of Korean Industries and was known as the richest man in Korea
Samsung enjoys the widest range of product portfolio which includes Mobile phone, Tablet, TV/Audio/Video, Camera, camcorder, Home appliance, pc, peripherals, printer, memory cards and other accessories Samsung holds significant market share in most of the product categories Samsung is NO.2 in terms of market share in mobiles, it captured Nokias market share by superior innovation in smart phones
WEAKNESS
1. Samsung Mobile launched a series of Smart phones recently which led
to cannibalization 2. The demand for LCD panels is expected to decline in the future Still Nokia is considered to be the most preferred product in India in terms of ease of use, reliability and resale value
OPPORTUNITY
1. Samsung is planning to make the air-condition product category more
strong with unique technology called Triple protection proposition 2. Samsung Mobile and Home appliance has future plans of launching Customized products for Indian market. This will improve the market share in rural market
THREATS
1. Samsung has wide variety of product lines, failure of one product line
will have impact on the other and will result in brand dilution 2. The competitors like Nokia are focused only in one segment.
world's largest maker of mobile phones, according to research firm Strategy Analytics.
Nokia took the top spot in 1998 from Motorola, but in the first
quarter of 2012 Samsung shipped 93m phones compared to almost 83m by Nokia.
Samsung also reported its highest quarterly profit since 2008.