Samsung 2012 Annual Report Download - page 28

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1. General Information
1.1 Company Overview
Samsung Electronics Co., Ltd. (“SEC”) was incorporated under the laws of the Republic of Korea in 1969 and listed its shares on the Korea Stock Exchange in 1975.
SEC operates two business units: DMC and DS. The DMC division includes digital TVs, monitors, air conditioners and refrigerators in the CE (Consumer Electronics) business,
and mobile phones, communication system, printers and computers in the IM (Information technology & Mobile Communications) business. The DS division includes
products such as memory and system LSI in semiconductor business, and LCD display panels and OLED panels designed for mobiles in the LCD and other LED business. The
Company is domiciled in the Republic of Korea and the address of its registered office is Suwon, the Republic of Korea.
These consolidated financial statements have been prepared in accordance with Korean International Financial Reporting Standards (“K-IFRS”) 1027, Consolidated and
Separate Financial Statements. SEC, as the controlling Company, consolidates its 166 subsidiaries (collectively referred to as “the Company”) including Samsung Display
and Samsung Electronics America. The Company also applies the equity method of accounting to its 34 affiliates, including Samsung SDI.
1.2 Consolidated Subsidiaries
(A) The consolidated subsidiaries as of December 31, 2012 are as follows:
Area Subsidiaries Industry Percentage of
ownership (*)
Domestic
World Cyber Games Cyber game match hosting 99.9
High Pioneer Private Investment Trust #1 Technology business venture capital investments 100.0
Samsung Display (SDC) Manufacture and sales of LCD 84.8
SU Materials Manufacture of electronic devices 50.0
STECO Manufacture of semiconductor components 51.0
SEMES Manufacture of semiconductor/FPD 90.3
SECRON Semiconductor equipments 93.1
Samsung Electronics Service Repair service for electronic devices 99.3
Living Plaza Sale of consumer electronics 100.0
Samsung Electronics Logitech General logistics agency 100.0
Samsung Electronics Football Club Sponsoring of sports team and games 100.0
GES Semiconductor equipments 100.0
Samsung Medison Medical equipments 68.5
Ray Dental CT 68.1
Samsung Venture Capital Union #6 Technology business venture capital investments 99.0
Samsung Venture Capital Union #14 Technology business venture capital investments 99.0
Samsung Venture Capital Union #20 Technology business venture capital investments 99.0
Samsung Venture Capital Union #21 Technology business venture capital investments 99.0
Samsung Venture Capital Union #22 Technology business venture capital investments 99.0
Samsung Venture Capital Union #23 Technology business venture capital investments 99.0
(*) Ownership represents the Company’s ownership of the voting right in each entity.
Area Subsidiaries Industry Percentage of
ownership (*)
America
Samsung Electronics America (SEA) Sale of electronic devices 100.0
NexusDX (Nexus) Medical equipments 100.0
Samsung Receivables (SRC) Credit managements 100.0
Samsung Semiconductor (SSI) Sale of electronic devices 100.0
Samsung Electronics Canada (SECA) Sale of electronic devices 100.0
Samsung Information Systems America (SISA) R&D 100.0
Grandis R&D 100.0
mSpot Software 100.0
Samsung Mexicana (SAMEX) Manufacture of electronic devices 100.0
Samsung International (SII) Manufacture of CTV 100.0
Samsung Telecommunications America (STA) Sales of communication equipment 100.0
Samsung Austin Semiconductor (SAS) Manufacture of semiconductor 100.0
Samsung Electronics Mexico (SEM) Manufacture and sales of electronic devices 100.0
SEMES America (SEMESA) Semiconductor equipments 100.0
Samsung Electronics Corporativo (SEC) Consulting 95.2
Samsung Electronics Digital Appliance Mexico (SEDAM) Consulting 95.2
Samsung Electronics Latinoamerica Miami (SEMI) Sales of electronic devices 100.0
Nvelo Software 100.0
Newton Sub Medical equipments 100.0
Samsung Medison America (SMUS) Medical equipments 100.0
Samsung Electronics Latinoamerica (SELA) Sales of electronic devices 100.0
Samsung Electronics Venezuela (SEVEN) Marketing and services 100.0
Samsung Electronica Colombia (SAMCOL) Sale of electronic devices 100.0
Samsung Electronics Panama (SEPA) Consulting 100.0
Samsung Electronica da Amazonia (SEDA) Manufacture and sales of electronic devices 100.0
Samsung Electronics Argentina (SEASA) Marketing and services 100.0
Samsung Electronics Chile (SECH) Sale of electronic devices 100.0
Samsung Electronics Peru (SEPR) Sale of electronic devices 100.0
Samsung Medison Brasil (SMBR) Medical equipments 100.0
Deltapoint Cardiac Diagnostics (Deltapoint) Medical equipments 100.0
(*) Ownership represents the Company’s ownership of the voting right in each entity.
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Samsung Electronics Co., Ltd. and Subsidiaries
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