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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.
Samsung Electronics is also featured in these fortune lists
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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News about Samsung Electronics

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Videos about Samsung Electronics