Samsung generated over $244 billion in revenue in 2021, compared to over $206 billion in 2020.
Samsung operates operate four business divisions:
- Consumer Electronics (“CE”): The CE division includes digital TVs, monitors, air conditioners, and refrigerators.
- Information technology & Mobile communications (“IM”): This division
includes mobile phones, communication systems, and computers.
- Device Solutions (“DS”): DS division includes semiconductor products such as
memory, foundry, and system LSI (“Semiconductor”), and display products such as LCD and OLED panels (“DP”)
- And Harman: it includes connected car systems, audio and visual products, enterprise automation solutions and connected services.
The Company is domiciled in the Republic of Korea and is located in Suwon, the Republic of Korea.
Samsung is one of the few companies in the world which managed to compete against a tech giant like Apple.
For instance, in 2021, Samsung generated nearly $245 billion in revenue, whereas Apple generated nearly $366 billion.
Related to Apple
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