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Global 500

Michael Sohn — AP

13

Samsung Electronics

SSNLF

South Korea

It was a terrible year for Samsung’s smartphone unit in 2015, though the pain has begun to subside. Sales of it flagship phone the Galaxy S6 tumbled, causing profits to drop 24.6% for the year. It also didn’t help that with the iPhone 6 and 6S, Apple finally realized that smartphone buyers craved bigger screens, eliminating one of Samsung’s key advantages. But in the ashes of the failed S6, Samsung found the seeds for a more successful S7. In the 2016 model, Samsung revived its strategy of appealing to a geekier audience with a removable memory slot, waterproofing and fast, wireless charging.

CEO

Oh-Hyun Kwon

Sector

Technology

Industry

Electronics, Electrical Equip.

HQ Location

Suwon, South Korea

Employees

319,000

Years on Global 500 List

22

Figures prepared in accordance with International Accounting Standards.
Key Financials (last fiscal year)
($ Millions)% change
Revenues ($M)$177,440-9.4%
Profits ($M)$16,532-24.6%
Assets ($M)$206,585
Total Stockholder Equity ($M)$147,468
Profit Ratios
Profit as % of Revenues9.3%
Profits as % of Assets8.0%
Profits as % of Stockholder Equity11.2%
STOCK QUOTE
()0.00 0.00 (0)
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  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
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  • Dividend Yield: n/a

News about Samsung Electronics

Can Folding Phones Help Reverse Samsung's Smartphone Slump?

Samsung is looking to advanced, flexible displays to save its mobile phone business. Will consumers buy foldable phones? History says no.

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Stop Trying to Make the Foldable Phone Happen

'The era of foldable phone screens is right around the corner!' Yeah, we've heard that before.

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Videos about Samsung Electronics

Samsung North America CEO On How to Lead in a Crisis: Be Honest

Tim Baxter rebuilt trust by speaking directly with consumers.

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Samsung North America CEO Says Company Will Feel Effect of Trump's Tariffs

Tim Baxter says that the new regulations will prompt a price increase on some of its products to compensate.

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Samsung Just Revealed Its First Mixed Reality Headset for Windows

Internal sensors mean less wires. Less wires is good.

Read More →