2010 SAMSUNG ELECTRONICS ANNUAL REPORT 2010 SAMSUNG ELECTRONICS ANNUAL REPORT
23,827 121,294 136,324 154,630 13,360 18,522 6,032 10,925 17,297 (13,128) (14,177) (23,985) 2008 2009 2010 2008 2009 2010 2008 2009 2010 121,294 136,324 154,630 6,032 10,925 17,297 5,526 9,761 16,147 105,301 112,180 134,289 42,377 39,135 44,940 62,924 73,045 89,349 13,360 18,522 23,827 (13,128) (14,177) (23,985) 1,934 (1,364) (152) Contents 01 02 06 08 27 84
Inspire the World, Create the Future 2 3
4 5 19 2
6 7
Business Overview 8 9
Visual Display 22.1%
IT Solutions 20% 13
Digital Appliances 39.5% 14 15
Mobile Communications 20.6% 16 17
19 RUSSIA LITHUANIA UKRAINE KAZAKHSTAN KOREA JAPAN USA DOMINICAN REPUBLIC VENEZUELA BRAZIL ARGENTINA MALAYSIA BULGARIA SOUTH AFRICA AUSTRALIA UK NETHERLANDS FRANCE MOROCCO EGYPT ITALY LEBANON QATAR UAE INDIA CHINA THAILAND PHILIPPINES SINGAPORE INDONESIA CANADA MEXICO NICARAGUA SAUDI ARABIA KUWAIT TAIWAN IRAN PERU 24.5% Telecommunication Systems
20 21 1,703,000 34% 41% Digital Imaging
Semiconductor 2 9.4% 23
LCD 27.6% 25.7% 24 25
FINANCIAL STATEMENTS 28 30 32 33 34 35 36 78 80 81 82 83
30 31
32 33
34 35
Samsung Electronics Hong Kong(SEHK), Samsung Electronics Taiwan(SET), Samsung Electronics Huizhou(SEHZ), Samsung Electronics (Shandong) Digital Printing(SSDP), Samsung Electronics Suzhou Semiconductor(SESS), Suzhou Samsung Electronics(SSEC), Samsung Suzhou Electronics Export(SSEC-E), Samsung (China) Investment(SCIC), Tianjin Samsung Electronics(TSEC), Tianjin Samsung Telecom Technology(TSTC), Samsung Electronics Suzhou LCD(SESL), Samsung Electronics Suzhou Computer(SESC), Shanghai Samsung Semiconductor(SSS), Shenzhen Samsung Kejian Mobile Telecommunication Technology(SSKMT), Samsung Electronics Hainan Fiberoptics(SEHF), Samsung Electronics (Beijing) Service(SBSC), Samsung Semiconductor (China) R&D(SSCR), Beijing Samsung Telecom R&D Center(BST), Samsung Electronics Shanghai Telecommunication(SSTC), Samsung Electronics Shenzhen(SESZ), Samsung Electronics China R&D Center(SCRC), Dongguan Samsung Mobile Display(DSMD), Tianjin Samsung Mobile Display(TSMD), Samsung Guangzhou Mobile R&D Center(SGMC), Tianjin Samsung Opto-Electronics(TSOE), Samsung Tianjin Mobile R&D(STMC), Liquavista HK(LVHK) Samsung Electronics Canada(SELA), Samsung Electronics America(SEA), Samsung Electronics Latinoamerica(SELA), Samsung Electronics Mexico(SEM), Samsung Electronics Argentina(SEASA), Samsung Receivables(SRC), Samsung Semiconductor(SSI), Samsung Information Systems America(SISA), Samsung Telecommunications America(STA), Samsung International(SII), Samsung Austin Semiconductor(SAS), Samsung Mexicana(SAMEX), Samsung Electronics Latinoamerica Miami(SEMI), Samsung Electronica Columbia(SAMCOL), Samsung Electronica da Amazonia(SEDA), SEMES America(SEMESA), Samsung Electronics Chile(SECH), Samsung Electornics Peru(SEPR), Samsung Electronics Venezuela(SEVEN) Samsung Electronics Iberia(SESA), Samsung Electronics Nordic(SENA), Samsung Electronics Hungarian(SEH), Samsung Electronics Portuguesa(SEP), Samsung Electronics France(SEF), Samsung Electronics (UK)(SEUK), Samsung Electronics Holding(SEHG), Samsung Electronics Italia(SEI), Samsung Electronics South Africa(SSA), Samsung Electronics Benelux(SEBN), Samsung Electronics LCD Slovakia(SELSK), Samsung Electronics Polska(SEPOL), Samsung Semiconductor Europe(SSEL), Samsung Electronics GmbH(SEG), Samsung Semiconductor Europe GmbH(SSEG), Samsung Electronics Austria(SEAG), Samsung Electronics Overseas(SEO), Samsung Electronics Europe Logistics(SELS), Samsung Electronics Rus(SER), Samsung Electronics Rus Company(SERC), Samsung Electronics Slovakia(SESK), Samsung Russia Service Center(SRSC), Samsung Electronics Rus Kaluga(SERK), Samsung Electronics Baltics(SEB), Samsung Electronics Ukraine Company(SEUC), Samsung Eletronics KZ and Central Asia(SEKZ), Samsung Semiconductor Israel R&D Center(SIRC), Samsung Gulf Electronics(SGE), Samsung Electronics Ukraine(SEU), Samsung Electronics Limited(SEL), Samsung Telecoms (UK)(STUK), Samsung Electronics Kazakhstan(SEK), Samsung Electronics Turkey(SETK), Samsung Electronics Levant(SELV), Samsung Electronics Romania(SEROM), Samsung Electronics Czech and Slovak(SECZ), Samsung Electronics European Holding(SEEH), Samsung Electronics Morocco(SEMRC), Samsung Electronics Poland Manufacturing(SEPM), Samsung Electronics West Africa(SEWA), Samsung Electronics Greece(SEGR), Liquavista B.V.(LV), Liquavista UK(LVUK), Samsung Opto-Electronics GmbH(SOG) Samsung Yokohama Research Institute(SYRI), Samsung Electronics Australia(SEAU), Samsung Electronics Indonesia(SEIN), Samsung Asia Private(SAPL), Samsung Electronics Asia Holding(SEAH), Samsung Electronics Display (M)(SDMA), Samsung Electronics (M)(SEMA), Samsung Vina Electronics(SAVINA), Samsung India Electronics(SIEL), Thai Samsung Electronics(TSE), Samsung Electronics Philippines(SEPCO), Batino Realty Corporation(BRC), Samsung Electronics Philippines Manufacturing(SEPHIL), Samsung Japan(SJC), Samsung Telecommunications Indonesia(STIN), Samsung Malaysia Electronics(SME), Samsung Electronics Vietnam(SEV), Samsung India Software Operations(SISO), Samsung Telecommunications Japan(STJ), Samsung Telecommunications Malaysia(STM), Samsung Bangladesh R&D(SBRC) (RAY) (GES) Samsung Electronics Peru S.A.C(SEPR) Samsung Electronics Venezuela(SEVEN) Samsung Electronics Greece(SEGR) Samsung Electronics West Africa(SEWA) Samsung Opto-Electronics GmbH(SOG) Liquavista B.V.(LV) Liquavista UK(LVUK) Samsung Bangladesh R&D(SBRC) Samsung Guangzhou Mobile R&D Center(SGMC) Tianjin Samsung Opto-Electronics Company(TSOE) Samsung Tianjin Mobile R&D(STMC) Liquavista HK(LVHK) Tianjin Tongguang Samsung Electronics(TTSEC) Tianjin Samsung Electronics Display(TSED) 36 37
38 39
40 41
42 43
44 45
46 47
48 49
50 51
Siltronic Samsung Wafers TSST Japan Syrian Korean Company for Manufacturing & Marketing Telecommunication Equipment 52 53
54 55
56 57
58 59
60 61
62 63
64 65
66 67
68 69
70 71
72 73
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www.samsung.com/sec Samsung Electronics North America Headquarters 105 Challenger Road, Ridgefield Park, NJ 07660, USA Samsung Electronics Latin America Headquarters Samsung Electronica Da Amazonia Ltda. Avenida das Nacoes Unidas, 12901, 8 andar, Torre Oeste, Brooklin Novo, CEP 04578-000, São Paulo, SP, Brasil Samsung Electronics Europe Headquarters Samsung House, 1000 Hillswood Drive, Chertsey, Surrey, KT16 0PS, UK Samsung Electronics Southeast Asia & Oceania Headquarters 3 Church Street #26-01 Samsung Hub, Singapore 049483, Singapore Samsung Electronics China Headquarters 20 th Fl., China Merchants Tower NO.118, Jian Guo Lu, Chao Yang District, Beijing, China 100022 Samsung Electronics Co., Ltd. CIS & Baltics Headquarters Bolshoi Gnezdnikovsky Lane 1, Bldh 2 125009 Moscow Russia Samsung Electronics Middle East & Africa Headquarters PO BOX 500047, Concord Tower 19 th Fl., AL Soufouh Rd. Medla City, Dubai, UAE Samsung Electronics Southwest Asia Headquarters 3 rd Fl., Tower-C, Vipul Tech Square, Sector-43, Golf Course Road, Grugaon, India Samsung Electronics Huizhou Company (SEHZ), Huizhou Samsung Electronics Suzhou Computer (SESC), Suzhou Samsung Electronics Suzhou LCD Co., Ltd. (SESL), Suzhou Samsung Electronics Suzhou Semiconductor Co., Ltd. (SESS), Suzhou Tianjin Samsung Electronics Company (TSEC), Tianjin Tianjin Samsung Electronics Display (TSED), Tianjin Tianjin Samsung Telecommunication Technology Co. (TSTC), Tianjin Tianjin Tongguang Samsung Electronics Company (TTSEC), Tianjin Tianjin Samsung Opto - Electronics Co., Ltd. (TSOE), Tianjin Samsung Electronics Shandong Digital Printing Co., Ltd. (SSDP), Weihai Shenzhen Samsung Kejian Mobile Telecommunication Technology Co., Ltd. (SSKMT), Shenzhen Suzhou Samsung Electronics Co., Ltd. (SSEC), Suzhou Samsung India Electronics of Production Ltd. (SIEL-P(VD)), Noida Samsung India Electronics of Product Chennai (SIEL-P(C)), Kancheepuram District P.T. Samsung Electronics Indonesia of Production (SEIN-P), Cikarang Samsung Electronics Display Malaysia Sdn. Bhd. (SDMA-VD), Seremban Samsung Electronics Malaysia Sdn. Bhd. (SEMA), Klang Samsung Electronics Philippines Manufacturing Corp. (SEPHIL), Laguna Calamba City Thai Samsung Electronics of Production Co., Ltd. (TSE-P), Sriracha Samsung Vina Electronics Co - Product (SAVINA-P), Ho Chi Minh City Samsung Vina Electronics Co. (SAVINA-S), Ho Chi Minh City Samsung Electronics Vietnam (SEV), Bac Ninh City Samsung Electronics Russia (SERK), Kaluga Samsung Electronics Hungarian of Production Co., Ltd. (SEH-P), Jaszfenyszaru Samsung Electronics Slovakia, S.R.O. (SESK), Galanta Samsung Electronics Poland Manufacturing (SEPM), Wronki 84 85
Samsung Electronica Da Amazonia Ltda. (SEDA-P(M)), Manaus Samsung Electronica Da Amazonia Ltda. (SEDA-P(C)), Campinas Samsung Electronics Mexico (SEM-P), Queretaro Samsung Austin Semiconductor, Llc (SAS), Austin Samsung Mexicana S.A. de C.V. (SAMEX), San Diego Samsung Electronics Australia Pty. Ltd. (SEAU), Sydney Shanghai Samsung Semiconductor (SSS), Shanghai Samsung China Investment Corp. (SCIC), Beijing Samsung Electronics H.K. Co., Ltd. (SEHK-Set), Wanchai Samsung Malaysia Electronics Sdn. Bhd. (SME-Set), Kuala Lumpur Samsung Electronics Philippines Corp. (SEPCO), Manila Samsung Asia Pte. Ltd. (SAPL) Samsung Electronics Taiwan of Sales Ltd. (SET-Set), Taipei Thai Samsung Electronics Co., Ltd. (TSE-S), Bangkok Samsung Electronics Russia Corp. (SERC), Moscow Samsung Electronics Ukraine Company (SEUC), Kiev Samsung Electronics KZ LLP (SEKZ), Almaty Samsung Electronics Austria GmbH (SEAG), Vienna Samsung Electronics GmbH (SEG), Schwalbach Samsung Semiconductor Europe GmbH (SSEG), Eschborn Samsung Electronics Greece S.A. (SEGR), Athens Samsung Electronics Hungarian Private Co., Ltd. (SHE-S), Budapest Samsung Electronics Romania SRL (SEROM), Bucharest Samsung Electronics Iberia, S.A. (SESA), Madrid Samsung Electronics Nordic AB (SENA), Upplands Väsby Samsung Electronics U.K. Ltd. (SEUK), Chertsey Samsung Semiconductor Europe Ltd. (SSEL), Weybridge Samsung Electronics Czech and Slovak, S.R.O (SECZ), Prague Samsung India Electronics of Sales Ltd. (SIEL-S), New Delhi Samsung Telecommunications India Private Ltd. (STI), Haryana P.T. Samsung Electronics Indonesia of Sales (SEIN-S), Jakarta Samsung Japan Corporation (SJC), Tokyo Samsung Electronics Adria (SEAD), Vienna Samsung Electronics France (SEF), Saint-Denis Samsung Electronics Italia S.P.A (SEI), Milan Samsung Electronics Benelux B.V. (SEBN), Delft Samsung Electronics Polska (SEPOL), Warszawa Samsung Electronica Portuguesa S.A. (SEP), Lisbon Samsung Electronics Baltics (SEB), Riga 86 87
Samsung Gulf Electronics Co., Ltd. (SGE), Dubai Samsung Electronics South Africa (Pty) Ltd. (SSA), Johannesburg Samsung Electronics Turkey Ltd. (SETK), Istanbul Samsung Electronics Co., Ltd. (Tehran Branch), Tehran Samsung Electronics Co., Ltd. (Tel-Aviv Branch), Tel-Aviv Samsung Electronics Co., Ltd. (Algiers Branch), Algiers Samsung Electronics Co., Ltd. (Tunis Branch), Tunis Samsung Electronics Co., Ltd. (Nairobi Branch), Nairobi Samsung Electronics Co., Ltd. (Lahore Branch), Lahore Samsung Electronics West Africa Limited (SEWA), Lagos Samsung Electronics Argentina, S.A. (SEASA), Buenos Aires Samsung Electronica Da Amazonia of Sales Ltda. (SEDA-S), Sao Paulo Samsung Electronics Chile (SECH), Santiago Samsung Electronics Latin America Colombia S.A. (SAMCOL), Bogota Samsung Electronics Latino America S.A. (SELA), Panama City Published by Samsung Electronics Produced by Cheil Worldwide Created by moon design Samsung Electronics Co., Ltd. (Jeddah L/Branch), Jeddah Samsung Electronics Levant Co., Ltd. (SELV), Amman Samsung Electronics Canada Inc. (SECA), Toronto Samsung Electronics Mexico Sales (SEM-S), Mexico City Samsung Electronics Peru (SEPR), Lima www.samsung.com /sec Samsung Electronics Morocco Co., Ltd. (SEMRC), Casablanca Samsung Electronics America, Inc. (SEA), Ridgefield Park Samsung Semiconductor, Inc. (SSI), San Jose Samsung Telecommunications America (STA), Richardson 88