Samsung Corporation

Samsung corporationSamsung corporation

Ts. Oyu-suvdTs. Oyu-suvdJ.TC06D008J.TC06D008

ContentsContents

1.1. Samsung groupSamsung group

-History-History

-Structure-Structure

2.2. Samsung ElectronicsSamsung Electronics

3.3. Global manufacturing Global manufacturing

4.4. Skills for futureSkills for future

5.5. ConclusionConclusion

Samsung group-HistorySamsung group-History

Founded in 1938Founded in 1938

-exporter of vegetables, dried fish -exporter of vegetables, dried fish and fruitsand fruits

-flour mill and confectionery -flour mill and confectionery machines machines

1950’s Economic Stabilization1950’s Economic Stabilization

– Korean War - Samsung lost all Korean War - Samsung lost all assetsassets

– aimed to help rebuild Korean aimed to help rebuild Korean economy; entered the economy; entered the manufacturing industrymanufacturing industry


– became a leader in modern business practices (recruiting became a leader in modern business practices (recruiting from outside)from outside)

1960’s Expansion of Key Industries1960’s Expansion of Key Industries– entered electronics and chemical industriesentered electronics and chemical industries– 1969 established Samsung Electronics1969 established Samsung Electronics

1970’s Bet the future on electronics1970’s Bet the future on electronics– laid the groundwork for electronics in Korealaid the groundwork for electronics in Korea– helped the domestic economy growhelped the domestic economy grow– paved the way for exportspaved the way for exports

1980’s: A more comprehensive electronics company1980’s: A more comprehensive electronics company– established plants in Portugal and USestablished plants in Portugal and US

− established Semiconductor and established Semiconductor and Communication corporationCommunication corporation

– began memory chip businessbegan memory chip business

Early 90’s: Integration and Globalization

Mid-Late 90’s: Implementing new management strategies

New Millennium: Digital Vision


Samsung group-StructureSamsung group-Structure

Electronics28%

Machinery & Heavy

Equipment6%

Chemicals2%

Financial Services

26%

Other38%

•Distribution•Hotels•amusement theme•Parks•Trading•Construction•Textile•Advertising•baseball team•security

• life insurance• credit card services• securities trading• finance and trust

management services

•polymerized compounds•plastics•specialty chemicals

•cameras•aircraft•ships•dump trucks•oil trucks

•home appliances•wireless communication•semiconductors

Samsung ElectronicsSamsung Electronics

• Headquarters: Seoul, South KoreaHeadquarters: Seoul, South Korea• Production Bases: 27 locations in 13 countriesProduction Bases: 27 locations in 13 countries• Number of employees: 152,000 Worldwide Number of employees: 152,000 Worldwide

(66,000 Abroad) (66,000 Abroad)

-Manufacturing related employees: -Manufacturing related employees:

75,000 Worldwide (35,000 Abroad)75,000 Worldwide (35,000 Abroad)

Samsung Electronics-StructureSamsung Electronics-Structure

Samsung Electronics

Digital media

Semiconductors

Information&

Communications

Home Appliances

Samsung ElectronicsSamsung Electronics

Everyone’s inventedEveryone’s invented

Human Human ResourcesResources

Contribute to a Global SocietyContribute to a Global Society

CreateCreate SuperiorSuperiorProducts Products

and Servicesand Services

TechnologyTechnology

Global manufacturingGlobal manufacturing

To achieve sustainable To achieve sustainable growth, new skilled growth, new skilled work should be work should be developed throughout developed throughout the whole value chain.the whole value chain.

- Product innovation- Product innovation

- Quality improvement- Quality improvement

- Cost reduction- Cost reduction

AutomationAutomation

Global manufacturingGlobal manufacturing

Advent of new Advent of new manufacturing manufacturing technologies reduced technologies reduced need for traditional need for traditional skilled workersskilled workers– AutomationAutomation

– Improved ToolsImproved Tools

– RobotsRobots

– Advanced NC machine Advanced NC machine

Home MultimediaHome Multimedia

Mobile MultimediaMobile Multimedia

Personal MultimediaPersonal Multimedia

Skills for futureSkills for future

• Young technicians should be trained now for the future.Young technicians should be trained now for the future.- Foresee at Least 10 Years : Skills now will be obsolete soon- Foresee at Least 10 Years : Skills now will be obsolete soon- Transform Common Technicians into Multifunctional - Transform Common Technicians into Multifunctional WorkforceWorkforce- Share Long-term Vision with Them : Stimulate Their - Share Long-term Vision with Them : Stimulate Their Creative PowerCreative Power

• Develop Consistent and Integrated Education ProgramsDevelop Consistent and Integrated Education Programs- Use State-of-the-art Technology for Training and Education- Use State-of-the-art Technology for Training and Education- Provide Good Tools for Innovation- Provide Good Tools for Innovation

• Re-create Human Resources together with WSI- Share Global Experience : Culture, Language- Cross-industrial Experience : Best Practice, New Ideas- Better International Cooperation and Relations

ConclusionConclusion

Samsung Corporation is one of the Samsung Corporation is one of the largest electronic product largest electronic product manufacturers in the world.manufacturers in the world.

Samsung inspires new lifestyles and Samsung inspires new lifestyles and ideas for life around the world.ideas for life around the world.

Thank you for your attention!Thank you for your attention!