Samsung Net Worth 2024: Career, Family, Age, Income, Wiki, Bio, All You Need to Know

Samsung Electronics: A Comprehensive Look at Assets, Income, Revenue and PE Ratio

Samsung Electronics: A Comprehensive Look at Assets, Income, Revenue and PE Ratio

About Samsung Electronics

Latest News: Samsung Electronics, a leading electronics company based in South Korea, boasts a substantial net worth of $355 billion. Established in 1938 as a trading company, Samsung transitioned into technology and has since diversified into various sectors including construction and defense.

Samsung’s Growth and Influence

From its humble beginnings with just forty employees, Samsung expanded into manufacturing electronic goods in the 1960s, eventually becoming a global powerhouse with over five million employees worldwide. The company’s influence extends beyond electronics to sectors like real estate and engineering, with notable projects such as the construction of the Burj Khalifa, showcasing its global impact.

Financial Standing and Accomplishments

Samsung’s net worth stands at $355 billion, with a turnover of approximately $250 billion. The company’s revenue surpassed $293 billion in 2020, and it has also played a significant role in the world’s largest oil and gas project. Additionally, Samsung holds the title of the largest smartphone manufacturer globally.

Key Financial Figures

Under the leadership of CEO Kim Hyun Suk, Kim Ki Nam, and Koh Dong-Jin, Samsung Electronics boasts total assets of US$325 billion as of FY 21, with a PE Ratio of 14.22, reflecting its solid financial standing. The company also possesses an extensive patent portfolio and a significant software division.

Business Portfolio

Samsung’s core business includes technology, electronics, semiconductors, mobiles and accessories, cameras and accessories, tablets, home appliances, and other consumer electronics.

Frequently Asked Questions

1. What is Samsung’s net worth?

Samsung’s net worth is approximately $355 billion.

2. When was Samsung founded?

Samsung was founded on January 13, 1969, in Suwon-si, South Korea.

3. Who are the founders of Samsung?

The founder of Samsung is Lee Byung-chul.

Conclusion

Samsung Electronics has solidified itself as a dominant force in the technology and electronics industry, with a significant net worth of $355 billion, a diverse business portfolio, strong financial performance, and a commitment to innovation.

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Categories: Companies, Net Worth

4. What is Samsung’s annual income?

Samsung’s revenue for the twelve months ending June 30, 2023, amounted to $218.04 billion.

5. What is the PE Ratio of Samsung?

As of September 01, 2023, Samsung’s PE ratio is 14.6.

6. What are the major sectors in which Samsung operates?

Samsung operates in diverse sectors such as technology, electronics, semiconductors, mobiles and accessories, and home appliances.

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