Electronics

Samsung Electronics

Last edited by lenazun on November 25, 2009 - 1:18pm
Company Snapshot: 

Samsung Electronics is a South Korean multinational corporation and the world's largest and leading electronics and information technology company. In August 2005, BusinessWeek rated Samsung as the Number 1 consumer electronics brand in the world with revenue topping 89.5$ billion. Headquartered in Suwon, South Korea, it is part of the Korean Samsung Group, operating in approximately over 100 countries.

Number of employees worldwide: 
138,000
Chief executive officer: 
Jong Yong Yun
Website: 
http://www.samsung.com/
Global Fortune 500 rank: 
40
Total revenue: 
$89,476.2 Million
CrocTail subsidiary information
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Corporate accountability
Anti-competitive and consumer protection: 

In September 2006, Thomas Quinn, a Samsung executive, agreed to plead guilty to and to serve jail time for participating in a global conspiracy to fix dynamic random access memory (DRAM) prices, the Department of Justice announced. Quinn was the fourth Samsung executive (the first from the United States) to plead guilty in the wide-ranging DRAM antitrust investigation.

The four leading DRAM manufacturers -- Samsung, Hynix, Elpida Memory, and Infineon -- all entered guilty pleas to fixing prices.

A month later (October 2006) , a federal grand jury in San Francisco returned an indictment against two executives from Samsung and one executive from Hynix Semiconductor America Inc. for their participation in a global conspiracy to fix DRAM prices.

Financial information
Stock ticker symbol: 
KRXS: 005930, KRXS: 005935, LSE: SMSN, LSE: SMSD
Fiscal year: 
2006