Saturday 17 May 2014

Samsung History [ 2000 to 2013]

In 2000, Samsung opened a computer programming laboratory in Warsaw, Poland. Its work began with set-top-box technology before moving into digital TV and smartphones. As of 2011, the Warsaw base is Samsung's most important R&D center in Europe, forecast to be recruiting 400 new-hires per year by the end of 2013.[29]

In 2001 Samsung Techwin became the sole supplier of a combustor module for the Rolls-Royce Trent 900 used by the Airbus A380, the world's largest passenger airliner.[30] Samsung Techwin is also a revenue-sharing participant in the Boeing's 787 Dreamliner GEnx engine program.[31]



The prominent Samsung sign in Times Square, New York City.
In 2010, Samsung announced a ten-year growth strategy centered around five businesses.[32] One of these businesses was to be focused on biopharmaceuticals, to which the company has committed ₩2.1 trillion.[33]

In December 2011, Samsung Electronics sold its hard disk drive (HDD) business to Seagate.[34]

In the first quarter of 2012, Samsung Electronics became the world's largest mobile phone maker by unit sales, overtaking
Nokia, which had been the market leader since 1998.[35][36] In the August 21 edition of the Austin American-Statesman, Samsung confirmed plans to spend 3 to 4 billion dollars converting half of its Austin chip manufacturing plant to a more profitable chip.[37] The conversion should start in early 2013 with production on line by the end of 2013. On March 14, 2013, Samsung unveiled the Galaxy S4.

On 24 August 2012, nine American jurors ruled that Samsung had to pay Apple $1.05 billion in damages for violating six of its patents on smartphone technology. The award was still less than the $2.5 billion requested by Apple. The decision also ruled that Apple did not violate five Samsung patents cited in the case.[38] Samsung decried the decision saying that the move could harm innovation in the sector.[39] It also followed a South Korean ruling stating that both companies were guilty of infringing on each other's intellectual property.[40] In the first trading after the ruling, Samsung shares on the Kospi index fell 7.7%, the largest fall since October 24, 2008, to 1,177,000 Korean won.[41] Apple then sought to ban the sales of eight Samsung phones (Galaxy S 4G, Galaxy S2 AT&T, Galaxy S2 Skyrocket, Galaxy S2 T-Mobile, Galaxy S2 Epic 4G, Galaxy S Showcase, Droid Charge and Galaxy Prevail) in the United States[42] which has been denied by the court.[43]

On 4 September 2012, Samsung announced that it plans to examine all of its Chinese suppliers for possible violations of labor policies. The company said it will carry out audits of 250 Chinese companies that are its exclusive suppliers to see if children under the age of 16 are being used in their factories.[44]

In 2013 a New Zealand news outlet reported a number of Samsung washing machines spontaneously catching on fire.[45] The corporation is expected to spend $14 billion on advertising and marketing in 2013, with publicity appearing in TV and cinema ads, on billboards, and at sports and arts events. In November 2013, the corporation was valued at $227 billion.[46]

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