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2013 SAMSUNG ELECTRONICS ANNUAL REPORT
Dear Samsung Electronics Stakeholder:
Throughout 2013, we pursued growth and innovation,
despite facing challenges in the global economy, by
continuing to identify new opportunities and possibilities
through our transformative technologies and innovation.
As a result, we recorded historically high sales and prot
to cement our leadership in the global electronics industry.
Based on consolidated nancial statements, we realized
sales revenue of KRW 229 trillion, operating prot of KRW
37 trillion and net prot of KRW 30 trillion, increases of
14%, 27% and 28%, respectively, over the previous year.
Through our continued
commitment to innovation and
transformative technologies,
Samsung Electronics is shaping
the future to create new
experiences for consumers
Vice Chairman & CEO Oh-Hyun Kwon
President & CEO Boo-Keun Yoon
President & CEO Jong-Kyun Shin
Enhancing core business capabilities and expanding
market leadership
Last year, Samsung Electronics extended its market
leadership in core businesses, including the mobile
communications, TV and memory chip businesses.
In mobile communications, thanks to excellent
smartphone performance, we achieved the remarkable
result of No. 1 ranking in both sales and market share to
solidify our industry leadership. Meanwhile, our growth
in tablets more than doubled. In the TV business,
we were again No. 1 in sales, achieving that rank for
the eighth consecutive year, as well as leading the industry
in protability. Our memory business saw signicant gains
in 2013, owing to improved cost savings and advanced
process technology development, which helped boost
sales of differentiated and high-value-added products
such as SSDs. For the 22nd consecutive year,
our memory business achieved No. 1 global market share,
which we’ve held now since 1993.
Securing core competitiveness while accelerating
new growth engines
We continued to reinforce our core competencies in
R&D and design by recruiting outstanding talent and
by restructuring. By establishing an open innovation
system, we strengthened partnerships with outside
research institutes and launched new professional
organizations, such as Softech and the Big Data Center,
to strengthen our software capabilities. We are adding
to our extensive global R&D network by building a new
R&D Center to develop future technologies including
materials. Anticipating future growth engines, we have
focused resources and capabilities on health and medical
equipment, B2B services and lifecare areas, such as
Smart Home and mobile health applications.
These new technologies and services are attracting
favorable reviews both in Korea and abroad. Overall, we
registered 4,676 patents in the US and continued
our award-winning performance with nine IDEA
International Design Excellence Awards in 2013 and 24
CES 2014 Innovations Awards. We were ranked No. 8 on
Interbrand’s Best 100 Global Brands 2013, with a brand
value of USD 39.6 billion. Fortune listed Samsung Electronics
21st on its World’s Most Admired Companies list.
CEOs’ Message