MIRA INFORM REPORT

 

 

Report Date :

11.01.2008

 

IDENTIFICATION DETAILS

 

Name :

SAMSUNG TECHWIN CO., LTD.

 

 

Registered Office :

28, Seongju-dong, Changwon-si, Gyeongsangnam-do Samsung Techwin 2nd Factory  641-717

 

 

Country :

Korea

 

 

Financials (as on) :

09.03.2007

 

 

Date of Incorporation :

08.01.1977

 

 

Com. Reg. No.:

609-81-02992

 

 

Legal Form :

Limited Company

 

 

Line of Business :

Digital Camera, Optical Module, Aircraft Engine, Lead Frame, DSC

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Aa

 

RATING

STATUS

PROPOSED CREDIT LINE

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

Large

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 

Basic

 

Company Name

SAMSUNG TECHWIN CO., LTD.

Registered Address / 2nd Factory

28, Seongju-dong, Changwon-si, Gyeongsangnam-do, Korea

Building

Samsung Techwin 2nd Factory

Zip Code

641-717

Tel

+82-55-260-2114

Fax

+82-55-260-2230

Website

www.samsungtechwin.co.kr

Trading Address

647-9, Yeoksam 1-dong, Gangnam-gu, Seoul, Korea

Tel

+82-2-3467-7064

Fax

+82-2-3467-7080

Seoul Office

678-12, Deungchon-dong, Gangseo-gu, Seoul, Korea

Tel

+82-2-3662-3984

Fax

+82-2-3662-3933

1st Factory

4, Seongju Complex, 42, Seongju-dong, Changwon-si, Gyeongsangnam-do, Korea

Tel

+82-55-282-1181

Fax

+82-55-283-2245

Seongnam Factory

145-3, Sangdaewon 1(il)-dong, Jungwon-gu, Seongnam-si, Gyeonggi-do, Korea

Type

Export

Industry

Manufacture of Cinematograph Cameras and Projectors and Photographic or Cinematographic Laboratory Equipment

  Main Business

Digital Camera, Optical Module, Aircraft Engine, Lead Frame, DSC

  Sub Business

Manufacture of Engines for Aircraft

Established (mm/dd/yyyy)

08/01/1977

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Engines(26101500)

Sell

Semiconductor process systems(23211101)

Sell

Air classification equipment or parts or screens(23152103)

Sell

Camera tripods(45121602)

Sell

Binoculars(41111717)

Sell

Media storage devices(43201800)

Sell

Camera flashes or lighting(45121601)

Sell

Digital cameras(45121504)

Sell

Camera lenses or filters(45121603)

Sell

Industry specific software(43232600)

Sell

Surveillance and detection equipment(46171600)

Sell

Mechanical engineering(81101600)

Sell

Turbo compressors(40151615)

Sell

Chassis components(43201600)

Sell

War vehicles(25102000)

Sell

Armored fighting vehicles(25102002)

 

 

CEO’s

 

Name

Lee Joong-Koo

Date of Birth

03/21/1946

Title

President & CEO

Sex

Male

Nationality

Korean

 

 

Profiles

 

Capital

385,000,000,000 KRW

Employees

5,082

Formation

Listed Company(KOREA STOCK EXCHANGE: 012450) as of 05/1987

A Company of Samsung Business Group

Bank Details

Woori Bank-Namdaemun Branch

Corporate Registered No.

194211-0000480

Business Registered No.

609-81-02992

Permit & Licenses

Int’l Trade No.:832223

Shareholder Position

Name

Shares

%

SAMSUNG ELECTRONICS CO., LTD.

19,604,254

25.46

MIRAE ASSET INVESTMENT MANAGEMENT CO., LTD.

4,754,218

6.17

KOREA INVESTMENT TRUST MANAGEMENT CO., LTD.

4,016,020

5.22

SAMSUNG CORPORATION

3,294,711

4.28

SAMSUNG EVERLAND INC.

241,918

0.31

CHEIL COMMUNICATIONS INC.

89,316

0.12

SAMSUNG SECURITIES

1,504,197

1.95

SAMSUNG LIFE INSURANCE CO., LTD.

430,690

0.56

OTHERS

43,064,676

55.93

TOTAL

77,000,000

100.00

 

 

Company History

 

2005

Launch of the high-end digital camera, Pro815

Launch of SM Series(SM320/SM310) chip mounter

 

2004

Developed digital camera with 5min pixels

Sold more than 5,000 units of chip mounter

Officially declared global environment management

Developed mobile-phone camera modules with 2min pixels

 

2003

Placed Digimax V4 on the market (Placed V3 on the market in April)

Kenox- Ranked first in "Brand Power", 2003

Placed the actual web camera with 150 pixels, "SDP-6500", on the market

Contracted to exceed T-50 (an advanced training airplane) engine, F404

Paced the micro regular compressor on the market in August, 2003 and awarded "Jang Young sil" Prize.

Placed Kenox U-ca 3 on the market

 

2002

Placed the DSC camera with 4 million pixels on the market

Placed phone camera (ViewPak) on the market, first time mass production

Exceeded 30 million units of cameras in production (1979 ~ Aug. 2002)

Obtained authentication of 'SWB-800 NT', awarded top 10 new technology

Established German and English sales corporations

Obtained the business of the next-generation fighter (F-X) engine

Made contract for development of ammunition-carrying-vehicle for use of new-type self-propelled gun

 

2001

Placed DSC camera with 3 million pixel on the market

Placed DVR for surveillance equipment on the market

Placed optical engine for use of Digital Projection TV on the market

Placed super-precision wire bonder, SWB-800, on the market

Awarded presidential prize at the 31st precision technology promotion contest (CP-6)

Export of next generation lead frame technology (μ PPF), coping with the environment (S company in Japan)

Made contract to export new-type self-propelled gun (K-9) to Turkey

Started business of artificial joints

 

2000

Company name changed to Samsung Techwin

Placed chip mounter, CP-45/46, on the market

Awarded diamond prize in product capability of chip mounter, WBA 2000

Placed globally unprecedented 5X zoom camera, KENOX 170IP by Samsung cameras, on the market

Developed TBGA and Polymer Lithium ion 2nd battery current collector

 

1999

Concluded the contract of supplying advanced self-propelled Howitzer with the Ministry of Defense

Exported the national helicopter SB 427 to China for the first time

Exported the turbo compressor in the amount of 500 million dollars to Gardener Denver Co., U.S.A

Exported aircraft parts in the amount of 100 million dollars to Bombardier Co., Canada

 

1998

Received a large order for large-scale commercial plane engine parts from GE

Localized the production of lead frame core parts of semiconductors

Exclusively supplied the wing structure parts for 3000 up-to-date airplanes to Boeing, U.S.A

Selected as the best producer of engine parts by GE, U.S.A

Its operation department accomplished the 20,000-hour-flight, accidentfree for the first time in the country.

Received an order of aircraft engine parts in the amount of 300 million dollars from Bell Co., U.S.

Concluded the joint sales contract of high-level training planes with Lockheed Martin Co.

Concluded the joint development contract of multi-purpose military helicopters with Bell Co., U.S.A.

 

1997

Developed and marketed Samsung Kenox digital camera (SSC-350N)

Produced the first locally produced Korean-style KF-16 fighter plane

Succeeded in development of the SB 427 twin-engine small helicopter's real body

Entry into the world's 30 biggest aerospace businesses (Flight International & Boosu Ellen & Hamilton)

Concluded the preliminary contract for joint development of high-level training planes with Lockheed Martin

 

1996

World's third success story in development of the 240-pin semiconductor lead frame

International joint development of helicopters with Bell Co., U.S.A. (SB 427)

Developed the world's first combined microscope and epidiascope

Developed the first high magnification zoom camera in the country (Samsung Kenox Z145)

Developed the world's first lead frame for 1giga use

Developed the domestically produced 155 mm new-style self-propelled Howitzer, as the second in the world

Developed the wire-bonder, the core manufacturing device in semiconductors, for the first time in Korea

 

1989

Inverter production begun under technical assistance from Yaskawa

 

1988

PLC production begun under technical assistance from Hitachi

Permission to begin air shuttle business granted

 

1987

Corporate name changed to SAMSUNG TECHWIN Industries

Aerospace R&D Center opened

Helicopter production begun

 

1979

Overhaul of gas turbine aircraft engines begun

Camera production begun

 

1978

Precision Instrument R&D Center opened

 

1977

Company established as Samsung Precision Industries Co., Ltd.

Test production of rocket propulsion systems begun

 

The Subject Company is a Korea-based company engaged in the development and provision of semiconductor systems and optoelectronic products, as well as the development of engine products and solutions for the national defense sector. The Company's products are organized in two main groups: business products and consumer products. Its business products include optical modules, lead frames, tape substrates, surface-mount technology products (such as screen printers, chip mounters, inspection systems, dispensers, loaders and unloaders), turbo compressors, engine overhauls, artillery and engineering systems for the defense industry, systems for marine corps and bonding systems for high-performance semiconductors. The Company's consumer products are digital cameras, film cameras, closed-circuit television products, presenters and Web cameras. The Company also offers aviation services, mainly renting helicopters.

 

 

Management

 

Job Description

Title

Name

Nationality

Date of Birth

Education

President & CEO

Mr.

Lee Joong-Koo

Korean

1946.03.21

Yonsei Unversity

Vice President

Mr.

Oh Chang-Seok

Korean

1950.01.17

Yonsei Unversity

Sr. Executive Director

Mr.

Shin Hyun-Mok

Korean

1952.10.15

Busan National University

Outside Director

Mr.

Lee Kang-Myung

Korean

1942.10.16

Kyungbuk National University

Outside Director

Mr.

Kim Doo-Sik

Korean

1957.05.07

Seoul National University

Outside Director

Mr.

Yoo Jae-Hong

Korean

48.07.18

Seoul National University

 

 

 

 

 

Financials                                  Unit: KRW

 

Year

Sales

Assets

Net income

2006

2,868,706,056,184

1,772,734,659,964

157,885,005,253

2005

2,391,351,387,570

1,624,359,050,525

86,444,421,089

2004

1,980,552,045,206

1,737,985,100,310

25,825,730,346

2003

1,734,068,407,930

1,704,823,344,635

43,890,616,676

 

 

Financial Description             Unit: KRW

 

Authorized Capital

1,000,000,000,000

Paid-Up Capital

385,000,000,000

Total Issues Shares

77,000,000

 

 

Balance Sheet

 

Unit : Korean Won

01/01/2007~09/30/2007

As of 12/31/2006

As of 12/31/2005

Total Assets

1,964,602,621,795

1,772,734,659,964

1,624,359,050,525

Current Assets

872,590,329,915

665,573,598,967

586,484,437,385

-Quick Assets

510,344,711,468

355,085,002,693

349,483,525,151

-Inventories

362,245,618,447

310,488,596,274

237,000,912,234

Fixed Assets

1,092,012,291,880

1,107,161,060,997

1,037,874,613,140

-Investment

408,200,167,104

371,770,884,201

354,055,979,355

-Tangibles

577,329,155,916

605,293,879,989

577,401,203,049

-Intangibles

21,317,732,331

20,263,244,565

18,612,718,080

-Others

85,165,236,529

109,833,052,242

87,804,712,656

Total Liabilities

995,528,418,574

925,085,701,558

912,419,835,845

Current Liabilities

865,843,994,877

758,300,400,887

750,155,992,401

Fixed Liabilities

129,684,423,697

166,785,300,671

162,263,843,444

Capital Stock

385,000,000,000

385,000,000,000

385,000,000,000

Capital Surplus

213,921,452,971

213,921,452,971

213,921,452,971

Profit Surplus

374,549,699,665

258,721,793,639

125,457,720,193

Capital Adjustment

(-)4,396,949,415

(-)9,994,288,204

(-)12,439,958,484

Total Equity

969,074,203,221

847,648,958,406

711,939,214,680

Liab. & Shareholder’s Equity

1,964,602,621,795

1,772,734,659,964

1,624,359,050,525

 

Current Liabilities

865,843,994,877

758,300,400,887

750,155,992,401

Trade Payables

324,437,009,677

260,130,562,736

272,675,977,176

Short-Term Borrowings

-

-

34,277,269,629

Account Payables

40,558,307,307

81,883,208,478

46,734,675,682

Advance Receipts

333,841,294,033

253,296,698,553

225,024,788,942

Withholdings

2,914,019,168

3,569,732,795

3,172,981,813

Accrued Expenses

90,937,153,108

121,018,272,377

79,576,832,326

Accrued Income Tax

16,508,734,250

29,925,125,948

7,555,708,620

Current Portion of Long-Term Debts

56,677,400,000

8,476,800,000

81,137,758,213

Fixed Liabilities

129,684,423,697

166,785,300,671

162,263,843,444

Debentures

 

50,000,000,000

50,000,000,000

Long-Term Borrowings

22,665,550,000

23,918,800,000

31,451,600,000

Long-Term Account Payables

13,841,249,348

10,316,561,030

12,806,328,450

Provision for Severance & Retirement

104,064,762,180

91,441,406,140

76,292,204,670

 

 

Income Statement

 

Unit : Korean Won

01/01/2007~09/30/2007

As of 12/31/2006

As of 12/31/2005

Sales

2,333,431,821,648

2,868,706,056,184

2,391,351,387,570

Cost of Sold Goods

2,006,810,247,489

2,497,916,960,726

2,078,714,968,196

Gross Profit

326,621,574,159

370,789,095,458

312,636,419,374

Selling & Admin. Expenses

193,254,408,678

256,126,334,549

210,675,596,818

Operating Income

133,367,165,481

114,662,760,909

101,960,822,556

Non-Operating Income

80,703,512,624

137,182,197,362

95,999,135,239

Non-Operating expenses

31,828,205,390

72,833,531,731

109,468,749,252

Ordinary Income

182,242,472,715

179,011,426,540

88,491,208,543

Special Income

- 

- 

- 

Income Before Taxes

182,242,472,715

179,011,426,540

88,491,208,543

Income Taxes Expenses

35,274,716,319

21,126,421,287

2,046,787,454

Net Income

146,967,756,396

157,885,005,253

86,444,421,089

 

 

Cash Flows

 

Unit : Korean Won

01/01/2007~09/30/2007

As of 12/31/2006

As of 12/31/2005

Cash Flows from Operating

152,704,245,039

373,718,545,382

350,680,057,621

-Net Income

146,967,756,396

157,885,005,253

86,444,421,089

-Exp. without Cash Outflow

105,313,662,428

176,661,329,720

200,813,565,612

-Revenue without Cash Inflows

(-)51,934,031,339

(-)64,518,042,491

(-)47,917,722,196

-Changes in Asset/ & Liability

(-)47,643,142,446

103,690,252,900

111,339,793,116

Cash Flows from Investing

(-)117,184,822,492

(-)150,221,632,588

(-)95,694,469,008

-Cash Inflow from Investing

55,258,962,074

92,071,337,055

59,284,030,145

-Cash Outflows for Investing

(-)172,443,784,566

(-)242,292,969,643

(-)154,978,499,153

Cash Flows from Financing

(-)32,371,242,052

(-)136,450,760,716

(-)255,052,610,800

-Cash Inflows from Financing

4,789,194,748

(-)22,856,570,503

33,007,840,010

-Cash Outflows from Financing

(-)37,160,436,800

(-)113,594,190,213

(-)288,060,450,810

Increase/Decrease in Cash

3,148,180,495

87,046,152,078

(-)67,022,187

Cash at the Beginning of Year

87,775,131,728

728,979,650

796,001,837

Cash at the End of Year

90,923,312,223

87,775,131,728

728,979,650

 

 

 

 

 

Products, Technologies, Services Description

 

Main Products & Services

Semi-conductor Business : Chip mounter, wire bonder, lead frame

Optics & Digital Imaging : Cameras, CCTV, SVP, optical instruments

Engine Business : Aircraft engines, overhaul, turbo-machinery

Defense Program : 155mm SPH, K9 Thunder, M9ACE etc.

Detailed Products Spec.

 

Technologies Acquired

 

 

 

Trade Partners

 

Suppliers

 

Customers

The Ministry of Defense-Korea, PW, GE, Samsung Electronics

Competitors

 

 

 

Related Parties (Subsidiaries, Joint-Venture & Affiliates)

 

Affiliates

 

Overseas Office

CHINA(TSOE)

NO.9 ZHANGHENG STREET. MICRO-ELECTRONIC INDUSTRIAL PARK JINGANG ROAD TIANJIN CHINA 

TEL : 86.22.2388.7788 

 

U.S.A.(SOA)

40 SEAVIEW DRIVE, SECAUCUS, NJ, 07094 U.S.A 

TEL : 1.201.902.0347 

 

GERMANY(SOG)

AM KRONBERGER HANG 6. D-65824 SCHWALBACH/TS., GERMANY 

TEL : 49.6196.66 53 20 

 

U.K.((SOUK)

SAMSUNG HOUSE, 1000 HILLSWOOD DRIVE, HILLSWOOD BUSINESS PARK, CHERTSEY, SURREY KT16 OPS 

TEL : 44.1932.45 5302 

 

NETHERLANDS(STE)

BEDRIJFSWEG 21 2404 CB ALPHEN AAN DEN RIJN, THE NETHERLANDS 

TEL : 31.172.423. 820

Liaison Office

 

Overseas Branch

 

Join Venture

 

Subsidiary

 

Corporate Ownership

 

Major Shareholders

 

Cooperative Enterprise

General Electric Company

 

 

 

Affiliates

 

SAMSUNG ELECTRONICS CO., LTD.

416, MAETAN-DONG, YEONGTONG-GU, SUWON-SI, GYEONGGI-DO 443-370 KOREA

TEL: 82-31-200-1114 FAX: 82-31-200-1105

INDUSTRY: MANUFACTURE OF TELEVISION AND RADIO RECEIVERS, SOUND OR VIDEO RECORDING OR REPRODUCING APPARATUSES, AND RELATED GOODS

 

SAMSUNG CORPORATION

ADDRESS: 310, TAEPYEONGNO 2-GA, JUNG-GU, SEOUL 100-865 KOREA

TEL: 82-2-2145-2114  FAX: 82-2-2145-3114 

INDUSTRY: WHOLESALE OF NON-SPECIALIZED GOODS

 

SAMSUNG ELECTRO-MECHANICS CO., LTD.

ADDRESS: 314, MAETAN 3-DONG, YEONGTONG-GU, SUWON, KYONGGI-DO 443-743 KOREA

TEL: 82-31-210-5114  FAX: 82-31-210-5087 

INDUSTRY: MANUFACTURE OF COMPUTER OUTPUT/INPUT UNITS AND PERIPHERAL EQUIPMENT

 

SAMSUNG FINE CHEMICALS CO., LTD.

ADDRESS: 190, YEOCHEON-DONG, NAM-GU, ULSAN, KOREA (P.O.BOX 3-ULSAN)

TEL: 82-52-270-6114 FAX: 82-52-272-7925

INDUSTRY: MANUFACTURE OF NITROGENOUS, PHOSPHATIC AND POTASSIC FERTILIZERS

 

SAMSUNG SDI CO., LTD.

ADDRESS: 575, SIN-DONG, YEONGTONG-GU, SUWON, KYONGGI-DO 443-731 KOREA

TEL: 82-31-210-7114  FAX: 82-31-210-7161 

INDUSTRY: MANUFACTURE OF ELECTRONIC VALVES AND TUBES

 

SAMSUNG ENGINEERING CO., LTD.

ADDRESS: 467-14, DOGOK 2-DONG, GANGNAM-GU, SEOUL, KOREA

TEL: 82-2-3458-3000 FAX: 82-2-3458-4006

INDUSTRY: CONSTRUCTION OF INDUSTRIAL PLANTS

 

SEOUL COMMTECH CO., LTD.

ADDRESS: 448-11, SEONGNAE 3-DONG, GANGDONG-GU, SEOUL 134-847 KOREA

TEL: 82-2-2225-6550  FAX: 82-2-2225-6080 

INDUSTRY: MANUFACTURE OF COMMUNICATION APPARATUSES WITHOUT ANY LINE CONNECTION AND RADIO OR TELEVISION BROADCASTING APPARATUSES

 

SAMSUNG ECONOMIC RESEARCH INSTITUTE

ADDRESS: 8FL., KUKJE CENTER BLDG., 191, HANGANGNO 2-GA, YONGSAN-GU, SEOUL 140-702 KOREA

TEL: 82-2-3780-8000  FAX: 82-2-3780-8005 

INDUSTRY: RESEARCH AND EXPERIMENTAL DEVELOPMENT ON ECONOMICS

 

SAMSUNG SDS CO., LTD.

ADDRESS: ILOK BLDG., 707-19, YEOKSAM 2-DONG, GANGNAM-GU, SEOUL 135-918 KOREA

TEL: 82-2-3429-2174  FAX: 82-2-3429-2100 

INDUSTRY: COMPUTER SYSTEM DESIGN AND CONSULTANCY

 

SAMSUNG NETWORKS INC.

ADDRESS: 8 FL., ASEM TOWER, 159-1, SAMSEONG 1-DONG, GANGNAM-GU, SEOUL 135-798 KOREA

TEL: 82-2-2192-3114  FAX: 82-2-3415-6801 

INDUSTRY: OTHER SOFTWARE CONSULTANCY AND SUPPLY

 

SAMSUNG CORNING CO., LTD.

ADDRESS: 472, SIN-DONG, YEONGTONG-GU, SUWON, KYONGGI 443-732 KOREA

TEL: 82-31-219-7114  FAX: 82-31-219-7010 

INDUSTRY: MANUFACTURE OF LABORATORY AND OTHER INDUSTRIAL GLASSWARE

 

SAMSUNG EVERLAND INC.

ADDRESS: 5TH FL., SAMSUNG FIRE & MARINE INSURANCE BLDG., 87, EULJIRO 1-GA, JUNG-GU, SEOUL, KOREA

TEL: 82-2-759-1219  FAX: 82-2-757-7892

INDUSTRY: AMUSEMENT AND THEME PARK OPERATION

 

SAMSUNG LIONS CO., LTD.

ADDRESS: 6, GOSEONG 3-GA, BUK-GU, DAEGU 702-073 KORE

TEL: 82-53-859-3155  FAX: 82-53-859-3118 

INDUSTRY: SPORTS TEAMS AND CLUBS

 

MEMC KOREA COMPANY

ADDRESS: 27, OMOK-RI, SEONGGEO-EUP, CHEONAN-SI, CHUNGNAM-DO 330-831 KOREA

TEL: 82-41-550-4114  FAX: 82-41-550-4498 

INDUSTRY: MANUFACTURE OF DIODES, TRANSISTORS AND SIMILAR SEMI-CONDUCTOR DEVICES

 

SAMSUNG CORNING PRECISION GLASS CO., LTD.

ADDRESS: 644-1, JINPYEONG-DONG, GUMI, GYEONGBUK-DO 730-360 KOREA

TEL: 82-54-470-4114  FAX: 82-54-470-4381 

INDUSTRY: MANUFACTURE OF LABORATORY AND OTHER INDUSTRIAL GLASSWARE

 

SAMSUNG HEAVY INDUSTRIES CO., LTD.

ADDRESS: KIPS, 647-9, YEOKSAM-DONG, GANGNAM-GU, SEOUL 135-080 KOREA

TEL: 82-2-3458-7000  FAX: 82-2-3458-7100 

INDUSTRY: BUILDING OF STEEL SHIPS

 

HOTEL SHILLA LTD. 

ADDRESS: 202, JANGCHUNGDONG 2-GA, JUNG-GU, SEOUL 100-856 KOREA

TEL: 82-2-2230-3226  FAX: 82-2-2230-3795 

INDUSTRY: HOTELS

 

CHEIL COMMUNICATIONS INC. 

ADDRESS: 736-1, HANNAM-DONG, YONGSAN-GU, SEOUL 140-210 KOREA

TEL: 82-2-3780-2114  FAX: 82-2-3780-2462 

INDUSTRY: MEDIA ADVERTISING AGENCIES

 

SAMSUNG PETROCHEMICAL CO., LTD.

ADDRESS: 500, BUGOK-DONG, NAM-GU, ULSAN 680-110 KOREA

TEL: 82-52-278-6000  FAX: 82-52-273-9971 

INDUSTRY: MANUFACTURE OF BASIC ORGANIC PETROCHEMICALS

 

NOVITA CO., LTD.

ADDRESS: SAN 22, JAEUNGA-RI, JIKSAN-EUP, CHEONAN, CHUNGNAM-DO 330-815 KOREA

TEL: 82-41-580-7728  FAX: 82-41-583-4320 

INDUSTRY: MANUFACTURE OF OTHER DOMESTIC ELECTRIC APPLIANCES

 

SAMSUNG GWANGJU ELECTRONICS CO., LTD. 

ADDRESS: 271, OSEON-DONG, GWANGSAN-GU, GWANGJU 506-253 KOREA

TEL: 82-62-950-6114  FAX: 82-62-950-6710 

INDUSTRY: MANUFACTURE OF OTHER DOMESTIC ELECTRIC APPLIANCES

 

SAMSUNG CARD CO., LTD.

ADDRESS: 2ND FL., EUNSEOK BLDG. WEST., 1-7, YEONJI-DONG, JONGNO-GU, SEOUL 110-754 KOREA

TEL: 82-2-2172-8819  FAX: 82-2-2172-8023 

INDUSTRY: CREDIT CARD AND INSTALLMENT FINANCE COMPANIES

 

STECO LTD.

ADDRESS: 588, MYEONGHAK-RI, DONG-MYEON, YEONGI-GUN, CHUNGNAM-DO 339-863 KOREA

TEL: 82-41-861-1823  FAX: 82-41-861-1896 

INDUSTRY: MANUFACTURE OF DIODES, TRANSISTORS AND SIMILAR SEMI-CONDUCTOR DEVICES

 

DNS KOREA CO., LTD.

ADDRESS: 623-5 EOPSEONG-DONG CHEONAN-SI CHUNGNAM-DO 330-290 KOREA

TEL: 82-41-620-8000

 

SECRON CO., LTD.

ADDRESS (330-200) 4-4, CHAAM-DONG, CHEONAN-SI, CHUNGNAM-DO 330-200 KOREA

TEL: 82-41-620-5050  FAX: 82-41-620-5069 

INDUSTRY: MANUFACTURE OF SEMICONDUCTOR- MAKING MACHINERY

 

SAMSUNG ELECTRONICS SERVICE CO., LTD.

ADDRESS: SAMSUNG ELECTRONICS CS ACADEMY, 327, WONCHEON-DONG, YEONGTONG-GU, SUWON, KYONGGI 443-822 KOREA

TEL: 82-31-270-2611  FAX: 82-31-270-2644 

INDUSTRY: REPAIR SERVICES OF ELECTRICAL HOUSEHOLD MACHINERY AND APPLIANCES

 

SAMSUNG THALES CO., LTD.

ADDRESS: 259, GONGDAN-DONG, GUMI, GYEONGBUK-DO 730-030 KOREA

TEL: 82-54-460-8511  FAX: 82-54-460-8529 

INDUSTRY: MANUFACTURE OF OTHER ELECTRONIC VALVES, TUBES AND ELECTRONIC COMPONENTS N.E.C.

 

LIVING PLAZA CO., LTD.

ADDRESS: 261-1, SEOHYEON-DONG, BUNDANG-GU, SEONGNAM, KYONGGI 463-824 KOREA

TEL: 82-2-3460-6770  FAX: 82-2-3460-6775

INDUSTRY: WHOLESALE OF HOUSEHOLD ELECTRIC APPLIANCES

 

BLUE-TEK CO., LTD.

ADDRESS: 416, MAETAN 3-DONG, YEONGTONG-GU, SUWON, KYONGGI 443-803 KOREA

TEL: 82-31-200-4140  FAX: 82-31-200-4112 

INDUSTRY: WHOLESALE OF HOUSEHOLD ELECTRIC APPLIANCES

 

SAMSUNG ELECTRONICS LOGITECH CO., LTD. 

ADDRESS: 401, SIN-DONG, YEONGTONG-GU, SUWON, KYONGGI 443-390 KOREA

TEL: 82-31-200-1800  FAX: 82-31-200-1822 

INDUSTRY: ALL OTHER SUPPORTING TRANSPORT SERVICES N.E.C.

 

OVERSEAS AFFILIATES

 

SAMSUNG JAPAN CO., LTD.

SAMSUNG AMERICA INC.

SAMSUNG FINANCE CORPORATION.

SAMSUNG MEXICO ENGINEERING & CONSTRUCTION

CANADA TRADE GROUP INC.

FISHROUND, INC.

ZIREX CORPORATION INC.

SAMSUNG TEXAS CONSTRUCTION INC.

SAMSUNG OIL & GAS USA CORP

SAMSUNG DEUTSCHLAND GMBH

SAMSUNG (U.K) LTD.

SAMSUNG TRADING PLC.

XIOD DISTRIBUTION

SAMSUNG FRANCE S.A.S.

SAMSUNG ENGINEERING & CONSTRUCTION(M) SDN.BHD.

SAMSUNG MALAYSIA SDN. BHD.

ERDSAM CO., LTD.

SAMSUNG PETROLEUM SINGAPORE LTD.

P.T. SAMSUNG DEVELOPMENT

SAMSUNG DEVELOPMENT (THAILAND) CO., LTD.

SAMSUNG THAILAND CO., LTD.

CHEIL HOLDING INC.

SAMSUNG CONST. CO. PHILS.,INC.

SAMSUNG DESIGN PHILIPPINES INC

SAMSUNG (AUSTRALIA) PTY., LTD.

SAMSUNG OIL & GAS(TIMOR SEA 06-102) LTD.

SAMSUNG (HONGKONG) LTD.

S.S. TAIWAN CO., LTD.

SAMSUNG E&C (SHANGHAI) CO.,LTD.

DONGGUAN SAMSUNG STEEL CENTER CO., LTD.

SAMSUNG NIGERIA CO., LTD.

SAMSUNG ASIA PRIVATE LTD.

SAMSUNG SDI AMERICA, INC.

SAMSUNG SDI (MALAYSIA) SDN. BHD.

SAMSUNG SDI (HONG KONG) LTD.

SAMSUNG SDI BRASIL LTDA.

ASSOCIATED WOOL EXPORTERS PTY., LTD.

ESAMSUNG JAPAN CORPORATION.

SAMSUNG FINANCE CORPORATION.

SAMSUNG PACIFIC CONSTRUCTION INC.

MEADOWLAND DISTRIBUTION

SAMSUNG WEBTRADE.COM INC.

ZIREX CORPORATION INC.

WEB2ZONE., INC.

SAMSUNG FOODS AUSTRALIA PTY. LTD.

SAMSUNG ITALIA S.A.R.L.

S.C. OTELINOX S.A

XIOD DISTRIBUTION

JSC RUSTONA

SS KUKDONG JASATERA J/V

SETIS CO., LTD

SAMSUNG CONST. CO. PHILS.,INC.

SAMSUNG THAILAND CO., LTD.

KARSON INDUSTRIAL CO., LTD.

ENTERPRISE CO., LTD.

SAMSUNG (CHINA) LOGISTICS LTD.

SAMSUNG CORPORATION (GAUNGZHOU) LIMITED.

DONGGUAN SAMSUNG STEEL CENTER CO., LTD.

SINO-SAMSUNG LOGISTICS CO., LTD

SAMSUNG JAPAN CO., LTD.

SAMSUNG YOKOHAMA RESEARCH INSTITUTE

SAMSUNG ELECTRONICS AMERICA INC.

SAMSUNG ELECTRONICS CANADA INC.

SAMSUNG ELECTRONICS MEXICO S.A. DE C.V.

SAMSUNG ELECTRONICS (UK) LTD.

SAMSUNG ELECTRONICS LTD.

SAMSUNG ELECTRONICS HOLDING GMBH

SAMSUNG ELECTRONICS IBERIA, S.A.

SAMSUNG ELECTRONICS FRANCE S.A.S

SAMSUNG ELECTRONICS HUNGARIAN RT.

SAMSUNG ELECTRONICS ITALIA S.P.A.

SAMSUNG ELECTRONICS EUROPE LOGISTICS B.V.

SAMSUNG ELECTRONICS BENELUX B.V.

SAMSUNG ELECTRONICS OVERSEAS B.V.

SAMSUNG ELECTRONICS POLSKA, SP.ZO.O

SAMSUNG ELECTRONICS PORTUGUESA S.A.

SAMSUNG ELECTRONICS NORDIC AKTIEBOLAG

SAMSUNG ELECTRONICS AUSTRIA GMBH

SAMSUNG ELECTRONICS SLOVAKIA S.R.O

SAMSUNG ELECTRONICS DISPLAY (M) SDN.OMD.(HSD)

SAMSUNG ELECTRONICS MALAYSIA SDN.BHD.

SAMSUNG VINA ELECTRONICS CO., LTD.

SAMSUNG ASIA PRIVATE LTD.

SAMSUNG INDIA ELECTRONICS PRIVATE. LTD

SAMSUNG INDIA SOFTWARE OPERATIONS PVT. LTD.

SAMSUNG TELECOMMUNICATIONS INDIA

SAMSUNG ELECTRONICS AUSTRALIA PTY. LTD.

SAMSUNG ELECTRO-MECHANICS  INDONESIA, PT

THAI-SAMSUNG ELECTRONICS CO. LTD.

SAMSUNG ELECTRONIC PHILIPPINE MANUFACTURING CORP.

SAMSUNG MALAYSIA ELECTRONICS (SME) SDN. BHD.

SAMSUNG ELECTRONICS ASIA HOLDING PTE LTD

SAMSUNG ELECTRONICS HONG KONG CO., LTD.

SOUZHOU SAMSUNG ELECTRONICS CO., LTD

SAMSUNG (CHINA) INVESTMENT CO., LTD

SAMSUNG ELECTRONICS SOUZHOU SEMICONDUCTOR CO., LTD.

SAMSUNG ELECTRONICS DIGITAL PRINTING

SAMSUNG ELECTRONICS HUIZHOU CO., LTD.

TIANJIN SAMSUNG ELECTRONICS CO., LTD.

SAMSUNG ELECTRONICS TAIWAN CO., LTD.

TIANJIN SAMSUNG ELECTRONICS DISPLAY CO., LTD.

TIANJIN SAMSUNG TELECOM TECHNOLOGY CO., LTD.

SHANGHAI SAMSUNG SEMICONDUCTOR CO., LTD.

SAMSUNG ELECTRONICS SUZHOU COMPUTER CO.,LCD

SAMSUNG ELECTRONICS SUZHOU LCD CO.,LCD

SHENZHEN SAMSUNG KEJIAN MOBILE TELECOM. TECH. CO., LTD.

SAMSUNG SEMICONDUCTOR CHINA R&D.,LTD.

SAMSUNG ELECTRONICS HAINAN FIBEROPTICS CO., LTD

HANGZHOU SAMSUNG EASTCOM NETWORK TECHNOLOGY CO., LTD.

SAMSUNG GULF ELECTRONICS CO., LTD.

SAMSUNG ELECTRONICS SOUTH AFRICA (PTY) LTD.

SAMSUNG ELECTRONICS LATIN AMERICA PANAMA (ZONA LIBRE) S.A.

SAMSUNG ELECTRONICA DA AMAZONIA LTDA.

SAMSUNG ELECTRONICS ARGENTINA S.A.

SAMSUNG ELECTRONICS CHILE LIMITADA(LTDA)

SAMSUNG-CROSNA JOINT STOCK COMPANY

SAMSUNG ELECTRONICS RUS CO.

SAMSUNG RUSSIA SERVICE CENTER

SAMSUNG SDI BRASIL LTDA.

SEMES AMERICA,INC.(FORMER, KDNSA)

SCOMMTECH JAPAN CO.LTD

SAMSUNG TELECOMMUNICATIONS AUSTRALIA PTY LTD.

SAMSUNG ELECTRONICS HUIZHOU CO., LTD.

SAMSUNG RECEIVABLES CORPORATION

SAMSUNG SEMICONDUCTOR INC.

SAMSUNG INFORMATION SYSTEMS AMERICA INC.

SAMSUNG INTERNATIONAL INC.

SAMSUNG TELECOMMUNICATIONS AMERICA LIMITED LIABILITY COMPANY

SAMSUNG AUSTIN SEMICONDUCTOR LLC.

SAMSUNG RECEIVABLES CORPORATION

SAMSUNG SEMICONDUCTOR INTERNATIONAL.INC.

SAMSUNG SEMICONDUCTOR MEXICO, S.A.DE C.V.

TASMAN PROPERTIES, INC.

SAMSUNG AUSTIN SEMICONDUCTOR LLC.

SAMSUNG MEXICANA S.A. DE C.V.

SAMSUNG ELECTRONICS MANUFACTURING (U.K.) LTD.

SAMSUNG TELECOMS (UK) LTD.

SAMSUNG SEMICONDUCTOR EUROPE LIMITED

SAMSUNG SEMICONDUCTOR EUROPE GMBH

SAMSUNG ELECTRONICS GMBH

SAMSUNG SEMICONDUCTOR FRANCE S.A.R.L

SAMSUNG SEMICONDUCTOR ITALIA S.R.L

SAMSUNG SEMICONDUCTOR SWEDEN AB

SAMSUNG ELECTRONICS SLOVAKIA S.R.O

SAMSUNG TELECOMMUNICATIONS BENELUX

SAMSUNG ELECTRONICS RUS

SAMSUNG ELECTRONICS UKRAINE

SAMSUNG ELECTRONICS KAZAKHSTAN

TIANJIN SAMSUNG ELECTRONICS DISPLAY CO., LTD.

SAMSUNG ELECTRONICS DISPLAY (M) SDN.OMD.(HSD)

SAMSUNG ELECTRONICS PHILIPPINES CORPORATION (FORMER, SMC)

SAMSUNG SDI (MALAYSIA) SDN. BHD.

SAMSUNG ELECTRO-MECHANICS THAILAND CO., LTD.

ESAMSUNG ASIA (HOLDINGS) PTE LTD.

ESAMSUNG GREATER CHINA CO., LTD.

P.T. SAMSUNG TELECOMMUNICATIONS INDONESIA

BATINO REALTY CORP.

SAMSUNG ELECTRONICS SHENZHEN CO.LTD

ESAMSUNG ASIA (HOLDINGS) PTE LTD.

ESAMSUNG GREATER CHINA CO., LTD.

SOUZHOU SAMSUNG ELECTRONICS CO., LTD

SAMSUNG ELECTRONICS DIGITAL PRINTING

SAMSUNG ELECTRONICS HUIZHOU CO., LTD.

TIANJIN SAMSUNG ELECTRONICS CO., LTD.

TIANJIN TONGGUANG SAMSUNG ELECTRONICS CO., LTD.

TIANJIN SAMSUNG ELECTRONICS DISPLAY CO., LTD.

BEIJING SAMSUNG TELECOM. R&D CENTER.

SAMSUNG ELECTRONICS SUZHOU COMPUTER CO.,LCD

SAMSUNG ELECTRONICS CHINA R&D CENTER

SAMSUNG ELECTRONICS BEIJING SERVICE CO., LTD

SAMSUNG ELECTRONICS LATINO AMERICA MIAMI, INC.

SAMSUNG ELECTRONICA COLUMBIA

SAMSUNG ELECTRONICS ARGENTINA S.A.

SAMSUNG SDI AMERICA, INC.

SAMSUNG SDI GERMANY GMBH.

SAMSUNG SDI HUNGARY RT.

SAMSUNG SDI (MALAYSIA) SDN. BHD.

SAMSUNG SDI (HONG KONG) LTD.

SAMSUNG SDI BRASIL LTDA.

SSH LIMITED. (FORMER, SHUM YIP TAMY LTD.)

SAMSUNG SDI MEXICO S.A. DE C.V.

SAMSUNG SDI BRASIL LTDA.

SAMSUNG SDIG REAL ESTATE GMBH

SAMSUNG SDI (HONG KONG) LTD.

SAMSUNG SDI BRASIL LTDA.

SAMSUNG SDI (HONG KONG) LTD.

SAMSUNG SDI BRASIL LTDA.

SAMSUNG CORNING MALAYSIA SDN. BHD.

TIANJIN SAMSUNG SDI MOBILE DISPLAY CO.,LTD

SHENZHEN SAMSUNG SDI CO., LTD.

TIANJIN SAMSUNG SDI CO., LTD.

DONGGUAN SAMSUNG SDI CO., LTD.

SHANGHAI SAMSUNG VACUUM ELECTRONIC DEVICES CO., LTD

TIANJIN SAMSUNG SDI MOBILE DISPLAY CO.,LTD

SAMSUNG SDI BRASIL LTDA.

SAMSUNG ELECTRO-MECHANICS AMERICA, INC.

SAMSUNG ELECTRO-MECHANICS GERMANY, GMBH

SAMSUNG ELECTRO-MECHANICS HUNGARY INC.

SAMSUNG ELECTRO-MECHANICS THAILAND CO., LTD.

SAMSUNG ELECTRO-MECHANICS PHILIPPINES, CORP.

CALAMBA PREMIER REALTY CORPORATION.

SAMSUNG ELECTRO-MECHANICS  INDONESIA, PT

SAMSUNG ELECTRO-MECHANICS PTE.,LTD

SAMSUNG ELECTRO-MECHANICS HONGKONG CO., LTD.

SAMSUNG ELECTRO-MECHANICS MEXICANA, S.A. DE C.V.

SAMSUNG ELECTRO-MECHANICS PHILIPPINES, CORP.

SAMSUNG VINA INSURANCE CO. LTD.

SAMSUNG HEAVY INDUSTRIES RONGCHENG LTD, CO.

SAMSUNG SAKHALIN LIMITED LIABILITY COMPANY

SAMSUNG LIFE INVESTMENT (AMERICA) LTD.

SAMSUNG LIFE INVESTMENT (U.K.) LIMITED.

SAMSUNG PROPERTIES CHINA, LIMITED.

SAMSUNG ASSET MANAGEMENT(ASIA) LTD.

CHEIL AMERICA INC.

SAMSUNG CHEMICAL (USA), INC.

SAMSUNG FASHION S.R.L

SAMSUNG CHEMICAL EUROPE GMBH

ASSOCIATED WOOL EXPORTERS PTY., LTD.

TIANJIN SAMSUNG WOOL TEXTILE CO., LTD.

SAMSUNG CHEMICAL MATERIAL TRADING(SHANGHAI)CO.LTD.

SAMSUNG OPTO-ELECTRONICS AMERICA, INC.

SAMSUNG OPTO-ELECTRONICS UK., LTD.

SAMSUNG OPTO-ELECTRONICS GMBH

SAMSUNG OPTO-ELECTRONICS FRANCE

UNISECURITY, INC.

SAMSUNG SECUI AMERICA.

ESAMSUNG JAPAN CORPORATION.

OPENTIDE JAPAN CO., LTD.

ESAMSUNG ASIA (HOLDINGS) PTE LTD.

OPENTIDE ASIA PTE LTD.

ESAMSUNG GREATER CHINA CO., LTD.

OPENTIDE GREATER CHINA CO., LTD.

OPENTIDE JAPAN CO., LTD.

OPENTIDE ASIA PTE LTD.

OPENTIDE GREATER CHINA CO., LTD.

IMARKET ASIA CO., LTD.

OPENTIDE CHINA CO., LTD.

IMARKET TIANJIN CO., LTD.

SAMSUNG CORNING DEUTSCHLAND GMBH.

SAMSUNG CORNING MALAYSIA SDN. BHD.

SSH LIMITED. (FORMER, SHUM YIP TAMY LTD.)

SAMSUNG SECURITIES (AMERICA), INC.

SAMSUNG SECURITIES (EUROPE) LIMITED.

SAMSUNG SECURITIES (ASIA) LIMITED.

OPENTIDE JAPAN CO., LTD.

SAMSUNG SDS INFOTECH PVT LTD.

OPENTIDE ASIA PTE LTD.

OPENTIDE GREATER CHINA CO., LTD.

SAMSUNG SDS AMERICA, INC.

SAMSUNG SDS EUROPE LTD.

SAMSUNG SDS ASIA PACIFIC PTE. LTD.

SAMSUNG NETWORKS AMERICA, INC.

SAMSUNG NETWORKS BEIJING CO. LTD

UNISECURITY, INC.

SAMSUNG SDS BRAZIL,LTD.

SAMSUNG SDS MEXICO, S.A. DE C.V.

SAMSUNG ENGINEERING MAGYARORSZAG KFT

SAMSUNG ENGINEERING (MALAYSIA) SDN. BHD.

PT SAMSUNG ENGINEERING INDONESIA CO., LTD.

SAMSUNG ENGINEERING (THAILAND) CO., LTD.

SAMSUNG ENGINEERING PHILIPPINES, INC.

SETIS CO., LTD

SAMSUNG ENGINEERING INDIA PRIVATE LTD.

SAMSUNG ENGINEERING CONSULTING(SHANGHAI)CO.,LTD

SAMSUNG ENGINEERING CONSTRUCTION(SHANGHAI) CO., LTD

SAMSUNG SAUDI ARABIA LTD.

SAMSUNG INGENIERIA MEXICO S.A DE C.V.

SAMSUNG INGENIERIA MINATITLAN, S.A. DE C.V.

TRIKO ENGINEERING CO., LTD.

SAMSUNG ENGINEERING (THAILAND) CO., LTD.

CHEIL COMMUNICATIONS AMERICA, INC.

CHEIL COMMUNICATIONS EUROPE LTD.

CHEIL COMMUNICATIONS GERMANY GMBH

CHEIL COMMUNICATIONS INDIA PVT. LTD.

CHEIL COMMUNICATIONS (THAILAND) LTD

CHEIL COMMUNICATIONS SINGAPORE PTE. LTD

SAMSUNG ADVERTISING (BEIJING) INC

CHEIL COMMUNICATIONS MEA FZ-LLC

CHEIL COMMUNICATIONS DO BRASIL S/C LTDA.

CHEIL COMMUNICATIONS MEXICO INC.

CHEIL COMMUNICATIONS RUS LIMITED LIABILITY COMPANY

SAMSUNG HOSPITALITY AMERICA

NEW JERSEY INT'L M.C.INC.

CHEIL COMMUNICATIONS INDIA PVT. LTD.

 

 

Sales by Region (Activity & Markets)

 

Sales/ Unit : KRW

2006

2005

2004

Export

1,930,422,854,864

1,352,843,085,948

 

Domestic

938,283,201,320

1,038,508,301,622

 

Total

2,868,706,056,184

2,391,351,387,570

 

 

Court Action

At 09/1999, All Samsung Affiliated companies have signed the agreement on the settlement of Samsung Motor Co., Ltd with the creditors of Samsung Motor Co., Ltd. As of 12/29/2005, regarding this agreement, the creditors of Samsung Motor Co., Ltd had filed on this case against the Group Chairman, Lee Gun-Hee, and other Samsung Affiliated companies including the Subject Company.

 

News Clipping

 

Samsung Techwin Aspires for World’s No.1 in Digital Camera Maker

Maeil Business Newspaper & mk.co.kr:11/15/2007

 

Samsung Techwin presented an ambitious blueprint of achieving a leading position in the global digital camera market by year 2010.

 

The company is to complete its relocation to the 7,934㎡ scaled “Digital Camera Compound” within the Suwon electronics complex by November 16 and disclosed on Thursday that its goal will be reached via intensified cooperation with Samsung Electronics.

 

Approximately 500 HR in marketing and R&D were relocated to Suwon’s Digital Camera Compound after having been scattered in Seongnam.

 

Earlier on in August, Samsung Techwin declared partnership with Samsung Electronics to create a prestigious digital camera business and appointed CEO Park Jong-woo of Samsung Electronics’ Digital Media business as head of its Camera business.

 

In accordance to Samsung Techwin’s “No.1 Strategy,” a total of 17.5 million digital cameras worth 2.2 trillion won are aimed to be sold next year and by 2010, the goal is to sell 28 million units worth 3.5 trillion won.

 

To accomplish such plans, Samsung Techwin is to launch the second generation premium products, NV2 series during the former half of 2008 and introduce 14 DSLR models in the market. Moreover, as the company strengthens its distribution channel by utilizing Samsung Electronics’ 150 global sales base, aggressive sales will be made.

 

Meanwhile, the company is to also focus on promoting its brand, product planning and development competence, supplementing demand based on function forecast while expanding overseas advertising efforts.

 

[Dong-eun Lee / KHS]

[ⓒ Maeil Business Newspaper & mk.co.kr, All rights reserved]

 

Changes at Samsung to sell cameras

JoongangIlbo & Joins.com:08/02/2007

 

The Samsung Group reshuffled its electronics businesses in order to promote cooperation between electronics units.

 

Samsung Techwin said yesterday it reorganized its businesses into two divisions: cameras and fine mechanics.

 

For close collaboration between its camera business and Samsung Electronics, Park Jong-woo, the president of Samsung Electronics’ digital media division, will head the camera division.

 

Samsung Techwin’s marketing and development department, now located in Seongnam, will move to Suwon, Gyeonggi, where Samsung Electronics is based.

 

The change seems to be in line with the Samsung Group’s plan to raise cameras to the same sales levels as mobile phones and liquid crystal televisions.

 

“Now we can develop core parts with Samsung Electronics and enhance compatibility between Samsung Techwin’s camera and Samsung Electronics’ camcorder, MP3 player and personal computer,” said Kim Hyun-hee, a spokesperson at Samsung Techwin.

 

Kim said distributing cameras through Samsung Electronics’ sales network in countries where it does not have sales subsidiaries could help its sales.

 

Samsung Techwin has sales subsidiaries in five countries including the United States, China and Britain.

 

It captured 8 percent of the global camera market share last year, ranking fifth in the world.

 

“Samsung Group Chairman Lee Kun-hee took an interest in the camera business a long time ago and has a strong will to grow it further,” a Samsung Group official said.By Kim Chang-woo JoongAng Ilbo [jbiz91@joongang.co.kr]

 

- Copyrights ⓒ JoongangIlbo & Joins.com, All rights reserved. –

 

Samsung Announces Sponsorship of the 2007 World Cyber Games

Digital daily :05/28/2007

 

Samsung Camera, the U.S. subsidiary of Samsung Techwin Co., Ltd., announced its official sponsorship of the 2007 World Cyber Games, (WCG). The WCG is the world's biggest international video game tournament series with well over one million participants from more than 70 countries. With its sponsorship of this year's event, Samsung has secured its place as the official digital camera of the 2007 WCG.

 

 

"The World Cyber Games is the most prestigious and competitive gaming event in the world and we are proud to be named the official digital camera for the 2007 competition," said Stewart Henderson, Vice President of Marketing - Digital Imaging Division for Samsung Opto Electronics America, Inc. "This is a natural association between two world-renowned brands, both of which are representative of excellence and cutting-edge technology. We are pleased to be associated with WCG and the athletes whose commitment to excellence makes it the pre-eminent gaming event in the world today."

 

 

The WCG US Open, a two-day competition which kicks off the American leg of the WCG USA 2007 Championship Series, will be held June 2-3 at the Samsung Experience in New York City. During the U.S. Open, a virtual who's who of the top professional video gamers will compete in 10 of the highest profile PC and Xbox 360 games on the market.

 

 

US Open competitors will be vying for automatic berths in the WCG USA National Championships this September and some will earn an invitation to the exclusive invite-only WCG Pan American Championships, taking place at the end of June in Cancun, Mexico. The fierce competition comes to a head at the WCG 2007 Grand Finals this October in Seattle, Washington.

 

 

Samsung Digital Camera Makes 11% Market Share in N. America

 

Maeil Newspaper:05/28/2007

Backed by its hit product "VLUU," Samsung Techwin's digital camera is pulling up its market share in North America at a furious rate.

 

According to market researcher IDC on Monday, Samsung Techwin recorded an 11 percent market share in the North American market during Q1 this year, taking over Nikon's 4th place.

 

Samsung Techwin's North American market share in Q1 2006 was mere 4 percent and 5 percent for fiscal 2006, slouching at 8th place.

 

However, having surpassed a market share of 10 percent in just a year in the American market, which accounts for over 30 percent of the world's camera market, the company now has a serious shot at becoming a global Top 3.

 

An official from Samsung Techwin explained, "We are hailed by optimistic responses from the U.S. market for our unflagging efforts in penetrating into the giant local distribution network and in introducing new products, such as the premium VLUU series that has added high-tech functions."

Samsung Techwin plans to introduce 20 to 30 new products additionally this year and sell over 13 million units to leap as one of the global Top 3 brands.

 

Meanwhile, Canon topped the North American market in the first quarter with a 21 percent market share, followed by Sony (16 percent) and Kodak (13 percent). Nikon achieved a 7 percent market share and ranked 5th.

 

[Dong-eun Lee / KHS]


 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions