Introduction of Annual Report of Samsung South Korean Multinational Company

 Samsung is one of the most compatible South Korean Multinational Company, which deals with electronics. The sales network of Samsung Company deals in almost 80 countries. There are almost 308,745 employees working in the company all over the world. At the end of 2017, the market cap of the company stood at US$325.9 billion (Yanng, 2103).      

Annual Report of Annual Report of Samsung

The Consolidation of Sales and the Operating Profit by Segment of K-IFRS (2016~2017 4Q

Source: https://news.samsung.com/global/samsung-electronics-announces-fourth-quarter-and-fy-2017-results

In this chart, there are many different terms which represent the specific meaning

CE (Consumer Electronics), IM (IT & Mobile communication), DP (Device Panel), DS (Device Situation). In the first quarter the sales of consumer electronics were 55 trillion, in the second one it was 61 trillion in the third one was 62.05 trillion and finally, it was 65.98 trillion.

Source: http://irsvc.teletogether.com/sec/2017Q4/eng/2017Q4_conference_eng.pdf

In the fiscal year of 2017, the Samsung companies were at the peak of its sales. The current ratio was 219% on December 31, 2017, the Liabilities and equity was 41%, debt and equity was 9% and net debt/equity was 30%.

Issues faced in 2017 of Samsung

The 2017considered a very sluggish year in mobile marketing for Samsung Company. All the models of Samsung almost have the same functions, so the investors of the company have cared fully for investing in the company. That is why the share rose over 41 percent in 2017. The competition was very hard in the in mobile marketing. The revivals of Samsung were Vivo, Oppo, Huwawei, and Xiaomi. The annual turnover of iPhone X was $300, on the other hand, Samsung S7 did the business of $200 (Kharpal, 2018). 

Opportunities of Samsung

The Samsung Company focused on the domestic investments that help to increase the annual business turnover. The company efforts for the innovative experiences and compatibilities. Do more work in the field of latest technologies.

Target of Annual Report of Samsung

Looking ahead to 2018, request for smartphones is predicted to increase and thanks to rising extra request for best smartphones of Samsung. To enlarge the trades of most beautiful mobile phones, we can see that Samsung will build up product attractiveness by distinguishing essential structures and facilities. For example: when we compare the accessories like a camera and other function of the smartphones that strengthen the sell-out curricula and empirical supplies. In adding the value for next year’s Samsung has the goals to become the number one smartphone in the world. Samsung has strategies to endure enhancing its middle- to the low-end team and attractive efficiency to attain quality development of the smartphone professional.

Strategic Development and Product Line Focus of Samsung

In the middle of 2018, Samsung Company faces the price-pressuring oversupply conditions in an integer of reminiscence marketplaces. We have the goal to achieve in the next years that we will improve our modest advantage by ongoing investment reserves and broad energies. Samsung has the target for next-generation visual storing and recollection storing controllers to our line-up of planned artifact parts for upcoming products emphasis and targeted marketplace diffusion.

Communal Development of Samsung

Our company is a crucial source of sustainable development. Ambitious by the attitude of joint development of Samsung we are continuously pursuing winding companies that increase Samsung Microelectronics to existence a truthfully worldwide company. We will declare a complete supplier provision plan to assistance issues with knowledge for promoting the human capitals management attitude. Following this declaration, we sustained our commercial associates finished the construction of through training and professional growth agendas. From the start of the company, we inspire contribution through inviting hundreds of managers to part organization goals, targets and plan while awarding prizes for excellent modernization of products.

Conclusion of Samsung

It is concluded that the Samsung Company is the world’s second prime and include in the technology company by income. We discuss before our company introduction that we produce customer microchip technology, communications kit, semiconductors, and home appliances. Samsung plays a vital role in the main three functions: like one category that includes consumer electronics and information technology mobiles or smartphones for communications. The third category includes in the Business as device solutions. Samsung Company is the world's leading portable telephone and smartphone seller. We have the target for achieving in coming years and beat the world companies that made the smartphones. Samsung includes in the biggest reminiscence chip and TV builder. Samsung functions operate more than 79 countries if we see the selling range that is more than 100 products.

References of Annual Report of Samsung

Kharpal, A. (2018, March 16). Samsung is facing one of its toughest years as smartphone sales slow. But these could be the bright spots. Retrieved from cnbc.com: https://www.cnbc.com/2018/03/16/samsung-faces-one-of-its-toughest-years-yet-but-these-could-be-the-bright-spots.html

Yanng, H. M. (2103). Supply chain management six sigma: a management innovation methodology at the Samsung Group. Supply Chain Management.