Group Members

Sarmad Waqar Sohail Khan Zeeshan Ali Ali Zeshan M10BBA008 M10BBA026 M10BBA016 M10BBA015

Introduction

Samsung is a South Korean Multi National company with head office located in SEOUL. It is the largest South Korean company. Samsung produces about 50 % of total EXPORTS of South Korea & it revenue is larger than GDP of many countries. Its notable subsidiaries are Samsung Electronics (Worlds largest information technology company) Samsung Heavy Industry (Worlds 2nd largest shipbuilders)

1.

2.

Cont.
3. Samsung Engineering (Worlds 35th largest construction company)
4. Samsung Life Insurance ( Worlds 14th largest Insurance Company ) 5. Samsung Ever land ( Oldest theme park in South Korea) 6.Chiel Worldwide ( Worlds 14th largest advertising company)

History
In 1938 Mr. Lee Chull founded Samsung Sanghoe a small trading company with 40 employees located in Su-Dong. It dealt in groceries produced in and around the city and produced its own noodles. The company prospered and Lee moved its head office to Seoul in 1947.

Key Dates
1969: Samsung Electronics was established. 1971: The company exported its first blackand-white television to Panama. 1978: Samsung Group entered the semiconductor market by forming Samsung Semiconductor and Telecommunications Co.

Cont.
1983: The company entered the personal computer market. 1995: Exports reached $10 billion. 1999: Profits reach $2.4 billion. 2000: Sales reach $26 billion and net profits climb to $4.7 billion.

Products
Though there are many products of Samsung few nodded ones are listed below 1. Washing Machine 2. Refrigerators 3. Microwave oven 4. Air Conditioners 5. Cameras 6. Television 7. Computers 8. Semiconductors 9. LCD and LED panels 10.Mobile Phones

Samsung Electronic Inc.

Head office is in Seoul, North Korea.

 Samsungs main object is to manufacture and sale of electronic machines and equipment, software, machines, vehicles, mobile phones and other instruments. Planning and production and sale of software for mobiles and other programs. To manufacture and sale of metal products, chemical and industrial products and daily necessities, transportation machines, equipment, petroleum machineries etc Samsung also has an advertising agency, insurance business, broadcasting enterprise, business such as travel, management of sporting facilities, etc.

Financial business. Telecommunications business. Invests in bonds and stocks etc. Indulged in import and export of products related to Samsung equipment which Samsung manufacture. Samsung can also invests in the businesses operated and owned by other company.

The liability of the shareholders is limited.

Total number of shares is 500,000,000 and face value of each share is 5,000 Won. Its authorized capital is 2,500,000,000,000 Won.

 Woo Dong Cho Yong Ki Sohn Byung Chull Lee Sang Hee Chung Maeng Hee Lee Jae Myung Kim Soo Chang Chung

The Joong-Ang Daily News.

Convertible bonds issued by Samsung will given in the ratio of their respective shares.

 It can issue common shares as well as preferred shares.

Share certificates shall be issued by the Company in denominations of 1 share, 5 shares, 10 shares, 50 shares, 100 shares, 500 shares, 1,000 shares and 10,000 shares. The Company may issue new shares to the extent that the new shares do not exceed 30% of the total number of shares issued. It will issue 100,000,000 preferred shares and its nature is non-voting.

Meetings will be conducted either in Seoul or at the head office or any place near the office.

Ordinary general meetings will be conducted within three months, after the end of each fiscal year. The extraordinary general meeting can be conducted anytime when necessary.

 The Company shall have at least three but not more than fourteen directors. Directors shall have ample expert knowledge or experience in management, economics, accounting, laws or relevant technology.

Management Committee Audit Committee Independent Director Recommendation Committee Other committees as needed by the Board of Directors.

From January 1 to December 31.

Dividends will be paid on 30th June in cash of each fiscal Year.

Meetings of Samsung Electronics

Statutory Meeting
Held in 1968 at their headquarters in Seoul. Convened by the directors of the company.

Objects of the Statutory Meeting

To inform its shareholders about the progress of Samsung Electronics till then. To give an idea about the nature of work they are now going to do i.e. manufacturing of electronics. To present a chart of future plans to the shareholders. To introduce the higher/upper management of the company with the shareholders of the company. To give a rough idea that where the investments will be used. To provide information about the public interest in investing in the company.

Annual General Meeting

It held its 43rd annual general meeting of shareholders on 16 March 2012 at Seocho-dong, Seoul. It was participated by the shareholders, institutional and potential investors of the company. Business performance of the company in year 2011 was discussed fully at the meeting.

Main heads of Agenda items

Annual Profits
Combined revenue for the year 2011 was 165 trillion. Operating profit is also increased and reached to 16 trillion.

Approval for the 43rd Annual Financial Statements. Appointment and remuneration for the new Board of Directors.

Cont.
Future Plans
Growth in soft technologies. Promote new business areas such as medical equipment. To create a unique value for their products. More participation in risk management to respond positively, the changes that take place in external environment. Enhancement in hardware competitiveness of its core business areas. To shift the organizational culture to work and live smart. Resource management that are suited best to the market conditions including investments and spending. More attention on strengthen future competitiveness. To maintain its competitiveness in manufacturing and quality and will reach to the industrys highest level.

Extra Ordinary General Meeting

Some important business is to be done. When it is not in the article of Samsung to discuss that business in annual general meeting and it is not legally accepted. When there is an emergency for doing that business and it cannot be postponed. Recent Meeting.

Current Situation of Shares

Opening Price Closing Price Highest Price Lowest Price Maximum traded Total Turnover 2,003 won 2,001 won 2,066 won 1,578 won 720 shares 1,440,830 won

Lawsuit against Samsung

Apple files first

Apple Inc. sued Samsung Electronics Co. in April 2011, saying the Korean electronics maker made a deliberate decision to copy Apples iPhone and iPadThe intellectual property that Apple as they are facing it difficult to compete with of the extraordinary success of the iPhone and the iPad.

Apples design, utility patents

Patents Number What is that for? 087 and 667 Design (I phone)

889

Design (I pad)

305

(GUI)

381

Bounce back

163

Tap zoom

915

Scroll vs. Gesture

Samsungs turn
Samsung, the worlds largest maker of smartphones, countersued Apple in June 2011, saying that Apple infringes on several of its patents having to do with wireless communications technology and camera phones. Apple seeks to decrease competition and limit consumer choice to maintain its historical profits, Samsung wrote in its trial brief. Apple, which sold its first iPhone nearly 20 years after Samsung started developing mobile phone technology, could not have sold a single iPhone without the benefit of Samsungs patented technology.

Samsungs Patents
Patents Number Why is that for?

516 and 941

Mobile com.

460

Email in cam phon.

892

Bookmarking image

711

Multitasking

Failed talks and decision

Starting around Aug. 2010 Both companies had some meetings to solve the problem by mutual agreement but that was totally failed. The decision of the U.S. District Court Judge Lucy H. was given on (Friday), 24-8-12. ordering Samsung to pay Apple $1 billion as Damages against their demand of $2.5 billion.

Conclusion
Despite of the case lost by Samsung. It is still the Leading Brand in the World with 44% out of 68% android Phones in the Market. Samsung is going at right pace in right direction to Get the best output of its resources in long run. Samsung willingness to invest heavily and long-term in R&D, plants, and manpower is impressive. Samsung electronics capabilities in the past 25 years have undergone remarkably consistent and rapid expansion in terms of
(1) size (2) technology (3) income earned