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Corporate News : SAMSUNG RECYCLING DIRECT Launches In 174 Sites Across 50 States
RIDGEFIELD PARK, N.J. – October 1, 2008 – Samsung Electronics America, Inc., a market leader and award-winning innovator in consumer electronics, today launched SAMSUNG RECYCLING DIRECT, its commitment to the take-back and recycling (TB&R) of Samsung consumer electronics across all of its product lines. Beginning today, consumers can bring their Samsung-branded consumer electronics sold in the United States to 174 fixed drop-off locations across all 50 states for recycling for no fee. The program will also accept non-Samsung-branded consumer electronics for a nominal fee paid directly to the recycler upon delivery of the e-waste. Home appliances are currently being taken back in a growing number of locations.
SAMSUNG RECYCLING DIRECT was announced on September 3, 2008. Today, Samsung unveiled additional information on this program at www.samsung.com/recyclingdirect. Consumers who visit the site can learn about the program, find recycling collection sites in all 50 states, and read about upcoming recycling drives to be held in many locations throughout the U.S. In addition, Samsung hosted recycling events for thousands of its employees at seven of its campuses in the United States, including Ridgefield Park, NJ; Mt. Arlington, NJ; Rancho Dominquez, CA; Richardson, TX; Austin, TX; San Diego, CA; and San Jose, CA.
"We invited our employees to participate in the launch of SAMSUNG RECYCLING DIRECT by dropping off their consumer electronics at work, where we have collaborated with our respected recycling partners to accept retired electronics," said DJ Oh, President and CEO, Samsung Electronics America. "Thousands of Samsung employees across the country demonstrated their shared commitment to the environment by recycling consumer electronics products, including mobile phones, televisions, cameras, VCRs, computers and monitors. We are truly inspired by this level of receptivity and participation."
programs under Samsung’s control in certain states and its current 50-state initiatives for the TB&R of toner cartridges, mobile phones and office equipment. Today's SAMSUNG RECYCLING DIRECT kick-off expands the scope of products that are now being collected in all 50 states and the convenience for consumers to responsibly recycle their consumer electronics. The program got off to a fast start as Samsung employees added their consumer electronics to the SAMSUNG RECYCLING DIRECT total that will be processed and recycled responsibly by Samsung’s leading recycling partners. These partners are obligated under the program not to incinerate, send to solid waste landfill, or export toxic waste (defined in a manner consistent with the commonly accepted definition of hazardous electronic waste) to developing countries. Details about our standards for responsible recycling are available at www.samsung.com/recyclingdirect.
On the website consumers can also find information regarding SAMSUNG RECYCLING DIRECT including the ability to search by zip code to find a detailed map and list of fixed drop-off locations in their area, as well as information on future recycling drives sponsored by Samsung, its retail and business partners, and its respected recyclers. In addition, the SAMSUNG RECYCLING DIRECT web site will serve as an ongoing reporting tool to showcase the results of this program. “On September 3rd, 2008 Samsung set a goal of securing at least one SAMSUNG RECYCLING DIRECT location in each state by today’s launch. I am proud of Samsung’s progress in exceeding that goal and developing a 174 permanent site network, which we believe sets an industry precedent in making it easy and convenient for consumers to recycle their consumer electronics,” said Steven Cook, senior vice president and chief strategic marketing officer, Samsung Electronics America. “We are committed to providing a public record of our environmental progress, and are confident that we can raise the standards of consumer electronics recycling by working with an interdisciplinary Samsung team and a highly-qualified network of recycling partners, all of whom are governed by stringent standards & guidelines that ensure accountability,transparency and responsibility at every step along the way."
SAMSUNG RECYCLING DIRECT provides four convenient ways for consumers to get involved:
1. Fixed Drop-off Locations: SAMSUNG RECYCLING DIRECT includes 174 static locations for participants to drop off consumer electronics in all 50 states. These drop-off locations are maintained by our partners and include a growing number of sites that will also accept home appliances. A list of fixed collection points can be found at: Locations.
2. Samsung- Sponsored Events: SAMSUNG RECYCLING DIRECT sponsors recycling events in all 50 states. A list of Samsung-sponsored take-back and recycling events can be found at
www.samsung.com/recyclingdirect.
3. Samsung Drives with Retail and Business Partners: SAMSUNG RECYCLING DIRECT participates in consumer electronics recycling drives sponsored by Samsung with our retail partners and other business partners across the country. A regularly updated list of special retail and partner recycling drives can be found at www.samsung.com/recyclingdirect.
4. Non-Samsung-Sponsored Events: Consumers can recycle their Samsung-branded consumer electronics at pre-scheduled recycling drives sponsored by Samsung's recycling partners. A regularly updated list of pre-scheduled recycling drives and non-Samsung sponsored events conducted by our recycling partners can be found at www.samsung.com/recyclingdirect.
"Samsung is proud of our history in providing innovative consumer electronics complemented by corporate initiatives designed to protect and preserve our natural resources. SAMSUNG RECYCLING DIRECT is further evidence of our values and we are confident that it will serve as a catalyst that enables convenient, efficient and increased recycling of consumer electronics across the country," concluded Mr. Oh.
About Samsung Electronics America, Inc.
Samsung Electronics America, Inc. (SEA), based in Ridgefield Park, NJ, is a subsidiary of Samsung
Electronics Co., Ltd. (SEC). SEA markets a broad range of award-winning consumer electronics, information systems, and home appliance products, as well as oversees all of Samsung’s North American operations including Samsung Telecommunications America, LP, Samsung Semiconductor Inc., Samsung Electronics Canada, Inc. and Samsung Electronics Mexico, Inc. As a result of its commitment to innovation and unique design, SEA was ranked #6 in the Electronics Industry segment in Fortune Magazine’s “Most Admired Companies 2008,” and named as one of Fast Company’s “Fast 50 Most Innovative Companies of 2008." Among popular BusinessWeek rankings, SEC ranked #26 in the publication's "Most Innovative Companies of 2008” and #21 in the “100 Best Global Brands" for 2007. SEC is also a top patent holder, ranking second overall in the U.S. in 2007. Please visit www.samsung.com or call 1(800) SAMSUNG for more information.
About Samsung Electronics Co., Ltd.
Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2007 consolidated sales of US$103.4 billion. Employing approximately 150,000 people in 134 offices in 62 countries, the company consists of four main business units: Digital Media Business, LCD Business, Semiconductor Business, and Telecommunication Business. Recognized as one of the fastest growing global brands, Samsung Electronics is a leading producer of digital TVs, memory chips, mobile phones and TFT-LCDs. For more information, please visit www.samsung.com.
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Corporate News : SAMSUNG Proud To Present Amazing Booth At The 2007 World Cyber Games Grand Finals In U.S.
Seattle, Wash., Oct. 2, 2007 – Top gamers from around the world will converge in Seattle this week to compete for the title of 2007 World Cyber Game Champion. Samsung is proud to continue its worldwide partnership of the largest global gaming tournament and festival. Throughout the week, Samsung will be hosting various events and competitions at their booth to celebrate their seven years as title sponsor and showcase the "gamer-friendly" products that Samsung has to offer.
Samsung will be the exclusive provider of HDTV displays for the Xbox 360 matches, handset provider for Samsung Mobile Challenge and top-rated monitors for the PC matches. Additional exclusive sponsorship categories include cellular handsets, MP3 music players and computer printers. For more information on sponsorship categories, please see below.
"Samsung is committed to improving the gaming experience and working with gamers that participate in the World Cyber Games," said D.J. Oh, president and CEO of Samsung Electronics, America. "We are always looking for opportunities to provide the gamers with top quality products that ensure their gaming experience is even more compelling."
“We’re extremely pleased to have Samsung as a partner as we continue to support the growth of e-Sports from a niche market to a mainstream of entertainment platform,” said Michael Arzt, general manager and senior vice-president for ICM USA, organizers of the World Cyber Games USA Championships. “It’s a natural fit for the world’s best consumer electronics brand to sponsor the premiere e-Sports tournament competition."
Throughout the week, visitors to the World Cyber Games Grand Finals can stop by the Samsung booth at Qwest Field Events Center to check out the latest and greatest in consumer electronics that will enhance anyone's gaming experience. Samsung will be hosting a gaming competition where fans will have the opportunity to compete against some of Seattle's local athletes in the sporting video games.
In addition to competing for cash prizes, WCG champions will be receiving Samsung products. For each first, second and third-place finisher, Samsung will be providing them some new Samsung technology. First place winners in each of the 19 games being played will also receive a Samsung SyncMaster931 monitor.
With well over 1.5 million players from 74 countries, the World Cyber Games is the gaming world’s premier video game tournament. Featuring online and offline events held throughout the world, the World Cyber Games uses a year-long qualifying format similar to the Olympics, where gamers first compete to earn a spot on their respective national teams before playing against the best video game players in the world in e-Sport's most prestigious tournament, the World Cyber Games Grand Final. The WCG 2006 Grand Final in Monza, Italy, broke new ground as more than 24 million people tuned in to watch the competition unfold in real-time, marking the first-ever global, live satellite broadcast for an e-Sports event. For more information about the World Cyber Games visit: www.worldcybergames.com.
Samsung World Cyber Games Official Sponsorship Categories:
1. Monitor
- SyncMaster 931C monitor selected as official game monitor
• LCD monitors will be used for all video games from 2007
• 600 931C SyncMaster monitors used as tournament game
- SyncMaster Practice Plaza
- Monitor donation ceremony at press conference
2. MP3 Player
- 200 MP3P(model P2, T10) will be used as prizes and VIP gifts
- Provided as a prize at the radio promotion
3. Camera
- WCG official camera
- Samsung Camera experience in photo zone of the exhibition hall
4. Mobile
- Hold “Samsung Mobile challenge” using Samsung mobile at Samsung booth
- Mobile to be designated as Official game from 2008
5. ODD (Optical Disc Drive)
- New external DVD writer (SE-S204N)
In addition to products above, Samsung will also provides following items.
- PDP
• 50 PDP will be installed at press center and VIP reception etc for providing information.
- Printer
• 8 Printers will be installed at press center for 500 journalists.
About Samsung Electronics
Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2006 parent company sales of US$63.4 billion and net income of US$8.5 billion. Employing approximately 138,000 people in 124 offices in 56 countries, the company consists of five main business units: Digital Media Business, LCD Business, Semiconductor Business, Telecommunication Network Business, and Digital Appliance Business. Recognized as one of the fastest growing global brands, Samsung Electronics is a leading producer of digital TVs, memory chips, mobile phones, and TFT-LCDs. For more information, please visit www.samsung.com
About Samsung Electronics America, Inc.
Headquartered in Ridgefield Park, NJ, Samsung Electronics America, Inc. (SEA), a wholly owned subsidiary of Samsung Electronics Co., Ltd., markets a broad range of award-winning, advanced digital consumer electronics and home appliance products, including HDTVs, home theater systems, MP3 players, refrigerators and laundry machines. A recognized innovation leader in consumer electronics design and technology, Samsung is the HDTV market leader in the U.S. and is the only manufacturer that produces all four major digital television technologies. Please visit www.samsung.com for more information.
About World Cyber Games
The World Cyber Games (www.worldcybergames.com) is the premier blue chip global video game tournament and culture festival. Founded in 2000 to promote global harmony through e-Sports, the WCG has grown steadily ever since. Behind the slogan "Beyond the Game" and with contestants from more than 70 countries expected to participate in this year's event, the World Cyber Games has developed into a true global phenomenon with arguably the largest prize amount at stake. The World Cyber Games prides itself on leading the "Digital Entertainment Culture."
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Corporate News : Samsung Electronics Appoints New Executive Leadership in Major Organizational Realignment
SEOUL, Korea – December 15, 2009 - Samsung Electronics Co. Ltd., one of the world's leading technology companies, today appointed Geesung Choi as its new CEO, as part of an organizational restructuring aimed to increase operating efficiencies and strengthen the independence of the company's business divisions.
Samsung also enhanced its C-suite by appointing Jay Y. Lee to the newly created position of Chief Operating Officer and Ju-Hwa Yoon as Chief Financial Officer. Yoon-woo Lee, currently Vice Chairman and CEO, continues only as Chairman of the Board of Directors.
In order to establish greater autonomy at the operating level, Samsung also announced it will be adopting a “company system” in which each business unit is managed similarly to a stand-alone company. The new alignments, both organizationally and at the executive level, create a more focused and responsive business structure.
“Samsung has recovered well over the past year, thanks to Yoon-woo Lee's leadership and a measured response to the global financial crisis,” said Mr. Choi, the incoming CEO. "With this forward momentum, we believe now is the time for us to make these important organizational changes to prepare for the challenges and opportunities ahead."
Samsung's consolidated operating profit for the first nine months of this year has reached 7.22 trillion Korean won (US$6.08 billion as of end of September 30) on sales of 97.05 trillion won (US$81.69 billion as of end of September 30). This compares with a full year 2008 consolidated operating profit of 6.03 trillion won (US$4.8 billion) on sales of 121.29 trillion won (US$96.5 billion).
Strengthened C-Suite
Effective immediately, the heads of all Samsung Electronics business divisions report to Mr. Choi and the C-suite. The new C-suite provides a more unified and efficient management team, consistent with global business models, and reflecting the executive structures of many leading multinationals.
“Our renewed profitability enabled us to think long-term - to make sure we can continue leading the market,” Mr. Choi said. “As a result, we've strengthened the C-Suite and created a new executive position - the COO - to help expedite decision making, improve efficiency, and mediate between our business units, ensuring that they work well together in meeting our customers' needs.”
Specifics on the executive appointments announced today are:
· Geesung Choi, named President and CEO of Samsung Electronics; previously President and head of the company's Digital Media and Communications Business.
Previous positions held by Mr. Choi include President of the Telecommunications Networks Business, and President of the Digital Media Business.
· Jay Y. Lee, named to the newly-created position of Chief Operating Officer; was promoted to Executive Vice President from Senior Vice President.
Previous positions held by Mr. Lee include Chief Customer Officer and Vice President-Strategic Planning.
· Ju-Hwa Yoon, named Chief Financial Officer; previously President and head of the Corporate Auditing Team.
Previous positions held by Mr. Yoon include head of the Management Support Team.
Independent Company Organizational Structure
Samsung's new organizational structure enhances the independence of the company's business divisions. The new alignment introduces a "company system" in which each business unit is managed similarly to a stand-alone company, with its own President and CFO. Outside Korea, subsidiaries responsible for components such as semiconductors and LCD panels will continue to operate as fully independent entities separate from Samsung’s IT and consumer electronics subsidiaries.
Previously Samsung had 10 operating divisions organized into two principal businesses - Digital Media &Communications and Device Solutions. The reorganization today replaces the two-business structure with seven independent companies under a single corporate entity and unified C-suite.
While creating greater autonomy at the operating level, the benefits of the new structure also include reducing the company's decision-making hierarchy from three to two stages, and supporting stronger focus and speed of execution in business and investment strategy. Customers will gain from increased independence in decision-making and faster speed to market.
From the first quarter 2010, Samsung will also adopt the International Financial Reporting Standards (IFRS), global accounting principles established by the International Accounting Standards Board (IASB) and practiced by many global corporations.
About Samsung Electronics
Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2008 consolidated sales of US$96 billion. Employing approximately 164,600 people in 179 offices across 61 countries, the company is recognized as one of the fastest growing global brands. Samsung Electronics is a leading producer of digital TVs, memory chips, mobile phones and TFT-LCDs. For more information, please visit www.samsung.com.
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Corporate News : Samsung Electronics to Join with Samsung Digital Imaging in Corporate Realignment
SEOUL, Korea – December 15, 2009 - Samsung Electronics Co., Ltd. today announced it is seeking to merge with Samsung Digital Imaging Co., Ltd. as part of a move to become a global leader in the digital camera business. The merger, expected to be signed on Jan. 22, 2010, will go into effect from April 1, 2010, once the transaction is approved at the shareholders meeting, according to a resolution made after a board of directors meeting on Dec. 15.
Under the agreement, the Samsung Digital Imaging will be absorbed into Samsung Electronics, as a business unit responsible for digital cameras, camcorders, and optical devices. The merger ratio of the two companies is to be Samsung Electronics: Samsung Digital Imaging = 1:0.0577663.
“We hope to make Samsung a world-leader in digital imaging, matching the success our brand enjoys today in mobile and digital TVs,“ the company said.
The union will enable the digital imaging business to utilize and maximize the key components, system and software technology, and design competitiveness of Samsung Electronics. By maximizing Samsung Electronics’ global marketing capabilities and sales network, the company aims to become a top-tier brand in digital cameras by 2012, with a market share of 20 percent and sales of 5 trillion won annually.
Samsung Electronics can also benefit by maximizing Samsung Digital Imaging’s optical technology, applying the technology to other businesses such as camera phones, and printer businesses.
About Samsung Electronics
Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2008 consolidated sales of US$96 billion. Employing approximately 164,600 people in 179 offices across 61 countries, the company is recognized as one of the fastest growing global brands. Samsung Electronics is a leading producer of digital TVs, memory chips, mobile phones and TFT-LCDs. For more information, please visit www.samsung.com.
About Samsung Digital Imaging
Samsung Digital Imaging Co. Ltd. is a leader in photo imaging technology, digital cameras and optical devices. The company offers a range of high-performance digital compact and DSLR cameras, introducing cutting-edge features to meet consumer needs. Samsung began developing film cameras in 1979 and has led the growth of the digital imaging market through its advanced technology and innovation. For more information, please visit www.samsungcamera.com.
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Corporate News : Samsung Collects and Recycles 12 Million Pounds of E-Waste in 2009
RIDGEFIELD PARK, N.J., November 13, 2009 – Samsung Electronics America, Inc., a leader in creating the latest innovations in the consumer electronics and telecommunications industries, has added a leading recycling program to its growing list of successes as a leader in environmental stewardship. This month, Samsung collected and recycled its 12 millionth pound of e-waste in 2009. Samsung Recycling Direct©, launched in October 2008, is the company’s 50-state recycling program, which allows consumers to drop off their consumer electronics products at over 200 permanent drop-off centers in the U.S.
The recycling milestone comes on the heels of a bevy of sustainability achievements and successes from Samsung. As companies get ready for National Recycling Day on November 15th, the U.S. EPA “PlugIn To e-Cycling” project gave Samsung an honorable mention for covering the cost of recycling for more than 2 million pounds of TV waste without a mandate or funding e-waste recycling programs. The company has also received state recognition awards in Pennsylvania, Wisconsin and New Hampshire for its recycling efforts, and recently received three Eco-Design honors from the Consumer Electronics Association.
At a global level, the Korea-based manufacturer in September ranked tenth globally and first in Asia among corporations on the Carbon Disclosure Leadership Index, which assesses corporate policies and activities companies engage in to respond to climate change. Samsung also announced recently its collaboration with Microsoft involving efficient energy usage in computers utilizing Microsoft’s Windows 7 Operating System and Samsung’s 40 nanometer class DDR3 DRAM, which decrease energy usage, reduce energy demands and the amount of electricity that must be generated, therefore reducing greenhouse gas emissions.
“Samsung has always been known for our top consumer electronics. Now we are utilizing our expertise in cutting-edge technology to make our products greener, increasing their energy efficiency, as well as improving the manufacturing and distribution processes behind them,” said David Steel, SVP of Strategic Marketing, Samsung Electronics America. “Our sustainability commitment is holistic in our 360 degree approach, addressing the impact of our products from creation to discard.”
Samsung's 360-degree approach is part of a 2009 launch of Eco-Management 2013, a company-wide environmental sustainability initiative that emphasizes a commitment to making environmental guardianship a priority across the business. The initiative, announced in July this year, includes a $4.3 billion pledge to eco-management, a 50 percent reduction target for greenhouse gas emissions normalized by sales from global manufacturing facilities, an 84 million ton reduction of indirect greenhouse gas emissions from manufacturing products, and a promise to make 100 percent of Samsung products eco-friendly over the next five years.
Fifty-two percent of Americans say they want to be more green or environmentally conscious, ranking that as a priority over dieting, exercise and changing jobs in 2009, according to Roper Green Gauge 2009.
Samsung is passing its greener ways onto consumers, allowing them to choose products that operate more sustainably once at home. Earlier this year, the company launched its line of LED HDTVs that are mercury free and consume up to 40 percent less energy than similarly sized 2008 LCD HDTVs. Samsung’s 2009 plasma HDTVs consume 39 percent less power than 2008 models of similar sizes, and the Samsung ReclaimTM, the company’s first eco-friendly U.S. mobile phone is built using bio-plastics from corn and made up of 80 percent recyclable materials. The Reclaim includes a virtual user manual and packaging made from 70 percent recycled materials printed with soy ink. Additionally, a portion of the ReclaimTM mobile phone sales are donated to the Nature Conservancy’s Adopt an Acre program, which supports land conservation across the U.S.
Samsung Sustainable Facts
• End of Life
o 12 million pounds of recycled e-waste in 2009
o No-fee recycling of all Samsung products (except appliances)
o 200+ drop-off recycling locations
o 50-state coverage
o Strict enforcement of recycling principles
o Committed to Basel Ban Amendments: Hazardous electronic waste will not be incinerated; be placed into solid waste landfills; or be exported to developing countries
• Processes
o All 37 global manufacturing facilities are ISO 14001 certificated
o 100% of new facilities are OHSAS 18001 certified (by 2010)
o More seals of approval from the top six environmental certifications than any other CE company globally—for more than 1,900 models (as of January 2009)
o EPA Green Power Certification for its Austin semiconductor facility powered with wind-generated electricity
o EPA SmartWay™ Transport Partner
• Products
o As the leader, Samsung has the most ENERGY STAR qualified TV models amongst all CE Brands
o 100% of HDTV's are ENERGY STAR 3.0 qualified; including LED, LCD & PDP TVs
o 100% of dishwasher and clothes washers are ENERGY STAR qualified
o 100% of monitors, printers, notebooks are ENERGY STAR qualified
o 100% of monitors and notebooks are EPEAT Silver rated or higher
o 100% of our mobile phone chargers are ENERGY STAR qualified
o More EPEAT™ rated monitors than any other monitor brand
o No. 1 among IT manufacturers in EPEAT rated notebooks
About Samsung Electronics America, Inc.
Samsung Electronics America, Inc. (SEA), based in Ridgefield Park, NJ, is a subsidiary of Samsung Electronics Co., Ltd. The company markets a broad range of award-winning consumer electronics, information systems, and home appliance products, as well as oversees all of Samsung’s North American operations including Samsung Telecommunications America, LP, Samsung Semiconductor Inc., Samsung Electronics Canada, Inc. and Samsung Electronics Mexico, Inc. As a result of its commitment to innovation and unique design, the Samsung organization is one of the most decorated brands in the electronics industry. The company was ranked #6 in the Electronics Industry segment in Fortune Magazine’s “Most Admired Companies 2008,” and named as one of Fast Company’s “Fast 50 Most Innovative Companies of 2008.” Among popular BusinessWeek rankings, the company ranked #26 in the publication’s “Most Innovative Companies of 2008”.
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Corporate News : Real Estate Lease to Related Party
- Lessee: Samsung Gwanju Electronics Co., Ltd.
- Relationship to the company: Affiliate
- Deposit: KRW 0
- Rent: KRW 3,285,000/month
- Leasing period: May 1, 2003 to April 30, 2004
- Contract signing date: May 12, 2003
- Transaction property: Office building
- (Daechi-dong Gangnam-gu Seoul, Korea)
- The transaction is not subject to a BOD authorization
- Relevant Disclosure: -
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Corporate News : Key Shareholder/Ownership Structure (Executives)
1. Company Info
- Samsung Electronics (ticker symbol: 005930)
- Address: Kyonggi-Doh, Suwon-Si, Youngtong-3-Dong, 416-Bonji
- Number of shares issued:
- Common shares: 152,044,052
- Preferred shares: 23,423,427
- Total: 175,467,479
2. Name: Doh-Seok Choi
3. Ownership Status
- Previous Report: Oct. 8th 2002
- Common shares: 9,007
- Preferred shares: 0
- Total: 9,007
- Current Report: Jan. 9th 2004
- Common shares: 8,651
- Preferred shares: 0
- Total: 8,651
- Change
- Common shares: -356
- Preferred shares: 0
- Total: -356
- Details_1
- Reason for report: Market sell
- Date: Dec. 26th 2003
- Type of share: common
- # of shares before transaction: 9,007
- # of shares after transaction: 5,507
- Change in # of shares: -3500
- Purchase price: KRW 442,000
- Details_2
- Reason for report: Market sell
- Date: Dec. 29th 2003
- Type of share: common
- # of shares before transaction: 5,507
- # of shares after transaction: 1,651
- Change in # of shares: -3,856
- Purchase price: KRW 438,002
- Details_3
- Reason for report: Stock option
- Date: Jan. 6th 2004
- Type of share: common
- # of shares before transaction: 1,651
- # of shares after transaction: 16,651
- Change in # of shares: 15,000
- Purchase price: KRW 272,700
- Details_4
- Reason for report: Market sell
- Date: Jan. 9th 2004
- Type of share: common
- # of shares before transaction: 16,651
- # of shares after transaction: 8,651
- Change in # of shares: -8,000
- Purchase price: KRW 466,065
- Net
- # of shares before transaction: 9,007
- # of shares after transaction: 8,651
- Change in # of shares: -356
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Corporate News : SAMSUNG Develops World’s Largest (82”) Full HDTV TFT-LCD
SEOUL, Korea – March 7, 2005 – Samsung Electronics, the leading provider of TFT-LCD display panels, announced that it has developed the world's largest 82-inch TFT-LCD. This full HD image quality TFT-LCD panel was developed at the company's new production complex in Tangjeong, Korea. The soon-to-be operational 7 th -generation production facility uses glass substrates that measure 1.87m x 2.20m.
Samsung has made a series of breakthroughs in TFT-LCD technology ahead of the competition over the years. The company developed the first 40-inch model in August 2001, the first 46-inch panel in October 2002, the first 57-inch model in December 2003 and now the first 82-inch panel.
At its 7 th -generation Line 7-1, Samsung can produce two 82-inch panels from a single substrate. Previously, technological limitations prevented the development of LCDs of this size and competitive technologies, such as PDP and DLP technologies, were used to produce such large-sized panels.
Samsung's latest large-screen TFT-LCD offers a variety of features. The company applied its patented Super Patterned-ITO Vertical Alignment (S-PVA) technology to achieve extra-wide viewing angles. In addition, the product boasts a low-dispersion color filter and ultra high aperture ratio, achieving a contrast ratio of at least 1200:1 and brightness of 600nit (cd/m 2 ). Response times are at 8ms or faster, providing clear moving picture images. A high-color-saturation backlight raises color saturation to 92% to produce a premium image quality.
Sang Soo Kim, Senior Vice President and Head of the LCD Development Center, states, “Our 82-inch LCD panel proves Samsung Electronics' technological leadership. It uses our proprietary S-PVA technology, eliminating distortion from all angles and offers a 180-degree viewing angle. With this panel, we have achieved the world's best performance in terms of contrast ratio, viewing angle and color saturation.”
Samsung is set to begin operations at the world's first 7 th -generation TFT-LCD production line at Tangjeong, Korea. This facility can be used to produce the company's full line-up of LCD modules for TV: from 23-inch (24 per substrate), 26-inch (18 per substrate) and 32-inch (12 per substrate) to 40-inch (8 per substrate) and 46-inch (6 per substrate).
Samsung Electronics is at least one year ahead of the competition in terms of using 7 th -generation production technology to make modules of 40 inches, 46 inches and 57 inches. It is therefore in a position to take an early lead in the fast-growing market for large-screen, wall-hanging TVs.
The development of the 82-inch TFT-LCD marks the smooth launch of Samsung's and Sony's joint venture in S-LCD. The 7 th -generation line will begin mass production at the end of March.
Samsung Electronics will unveil its 82-inch TFT-LCD at CeBIT 2005, which opens in Hannover, Germany on March 10.
Samsung Electronics' LCD Lines
Generation
Substrate Size
Samsung Line
Main Products
3
370mm x 470mm
1
2-inch to 7-inch LCDs for mobile phones and PDAs
3.5
550mm x 650mm
2
Small- to mid-sized and note PC LCDs
4
600mm x 720mm
3
LCDs for note PCs (mainly 14.1-inch)
4.5
730mm x 920mm
4
15-inch, 17-inch LCDs for note PCs and monitors
5
1100mm x 1250mm
5
17-inch, 19-inch LCDs for monitors
6
1100mm x 1300mm
6
LCDs for monitors and TVs
7
1870mm x 2200mm
7-1 (S-LCD)
30-inch, 40-inch LCDs for TVs
Terminology
PVA Technology
Patterned-ITO Vertical Alignment is a proprietary Samsung technology for achieving a wide viewing-angle. The liquid crystal molecules are originally aligned at 90 degrees vertically to the electrodes. The passage of an electric field deflects the liquid crystal molecules off-vertical, producing the required image. Similar to the multi-domain vertical alignment (VA), the liquid crystals are controlled by separating unit pixels into four domains.
S-PVA Technology
Samsung's patented Super PVA is an upgraded PVA liquid crystal cell technology. The cell architecture accommodates eight, rather than the conventional four crystals, so that the liquid crystal molecules can be controlled in eight different directions and angles. This capability greatly enhances the side viewing-angle of the LCD screen.
Color Saturation
This is a measurement of color purity and is compared against the NTSC (National Television Standard Committee) standard of 100. Commercial CRT TVs and LCD TVs normally have a color saturation of 72%, but a higher level is needed to achieve high-definition image quality.
TV Resolution Classifications
Standard Definition (SD):
640 x 480 pixels
4:3 aspect ratio
High Definition (HD):
1,366 x 768 pixels
16:9 aspect ratio
Full HD
1,920 x 1,080 pixels
16:9 aspect ratio
Specifications for Samsung's New 82-inch TFT-LCD
Resolution
1,920 x RGB x 1,080 (Full HD)
Screen Size
82 inches (diagonal)
Aspect Ratio
16:9 (horizontal to vertical)
Pixels
6.22 million (number of RGB sub-pixels)
Number of Colors
16.7 million shades (24-bit color)
Max Brightness
600 candela
Contrast Ratio
1,200:1
Color Saturation
92% of NTSC standard
Liquid Crystal Response Time
8ms (at maximum)
Viewing Angle
180° (all directions)
Module Size
1,875mm x 1,080mm x 45mm
About Samsung Electronics
Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2004 parent company sales of US$55.2 billion and net income of US$10.3 billion. Employing approximately 123,000 people in 93 offices in 48 countries, the company consists of five main business units: Digital Appliance Business, Digital Media Business, LCD Business, Semiconductor Business and Telecommunication Network Business. Recognized as one of the fastest growing brands, Samsung Electronics is the world's largest producer of color monitors, color TVs, memory chips and TFT-LCDs. For more information, please visit www.samsung.com .
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Corporate News : Real Estate Rental from Related Party
- Leseor: SAMSUNG Fire & Marine Insurance Co.,Ltd
- Relationship to the company: Affiliate
- Deposit: KRW 3,617,000,000
- Rent: KRW 42,000,000 / Month
- Rental period: July 1, 2003 to June 30, 2004
- Transaction property: 1,205.8 pyeongs of building for office space
(Seocho-gu Seocho-dong Seoul, Korea)
- The BOD of Samsung Electronics authorized the transaction on April 18, 2003
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Corporate News : Additional Listing of Shares
- Additional listing of shares of Samsung Electronics to the Korea Stock Exchange
- Class and number of shares subject to additional listing:
Common share: 4,325 shares
- Issue price per share: KRW 108,465 (face value of KRW 5,000)
- Issue date: September 3, 2003
- Fiscal year end: the end of December
- Method: Overseas CB conversion in shares
- Listing date: September 9, 2003
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Corporate News : SAMSUNG awarded Best in Europe for LCD TV, Home Cinema System and Portable Media Player
Seoul , Korea - August 16, 2005 : Samsung has again distinguished itself as one of the best consumer electronics brand in Europe by receiving the EISA award (European Imaging & Sound Association), one of Europe 's most highly recognised awards for video and audio devices. EISA, with a membership of 50 Audio, Mobile Electronics, Video and Photo magazines drawn from 20 European countries, is the most influential multimedia association in Europe . Samsung has the distinction of having retained awards in three categories for the second year running. This achievement marks Samsung's commitment to provide advanced technology, innovative design, and functional products in the digital era.
LCD TV (LE40M61B)
Samsung's 40” LCD TV (LE40M61B) was honoured with an EISA award for its premium display technology in terms of contrast ratio (5000:1), color expression (6.44 billion colors, 92% color gamut for NTSC) , viewing angle (178 °) and response time (8 ms). Also the model's simple body design focuses the viewer's attention on the screen. On the front of the minimalist design, the speakers are hidden from view in the bottom bezel and nothing distracts from the superb image quality.
Home Cinema System (HT-P1200)
Samsung is the winner for the second year in a row in the home cinema system category. Its new Home Cinema System (HT-P1200) has the World's First “USB Host Play Supporting Moving Picture” in an all-in-one Home Cinema System. Simply connect any kind of USB storage to the HT-P1200 and it will play DivX movie files, MP3 songs and JPEG image files at your command. The HT-P1200 also satisfies the most important condition of ideal home cinema system delivering exquisite surround sound that wholly envelopes the listener in 360 degrees.
MP3 (YH-J70)
The YH-J70, voted best in the portable media player category by EISA, is an all-in-one personal entertainment device which not only plays high quality music but comes with a gaming function and MPEG4 playback capability. This powerful multimedia jukebox with a 1.8” TFT LCD is compact enough to bring Hollywood to your palm. It also has a high capacity 20/30GB hard disk drive which can hold up to 5,000/7,000 songs.
About EISA Awards
The EISA (European Imaging and Sound Association) award is the most prestigious award in the European video and audio industry. Experts from 50 influential magazines in 20 European countries form the examination board that selects the best product in each of five categories: audio, video, home theater, photography and mobile. There is intense competition among world-renowned companies every year to attain an EISA award.
About Samsung Electronics
Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2004 parent company sales of US$55.2 billion and net income of US$10.3 billion. Employing approximately 1 1 3,000 people in over 90 offices in 48 countries, the company consists of five main business units: Digital Appliance Business, Digital Media Business, LCD Business, Semiconductor Business and Telecommunication Network Business. Recognized as one of the fastest growing brands, Samsung Electronics is the world's largest producer of color monitors, color TVs, memory chips and TFT-LCDs. For more information, please visit www.samsung.com.
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Corporate News : Purchase of a Beneficiary Certificate
Samsung Electronics has purchased a beneficiary certificate worth KRW 100 billion from Samsung Securities on December 8, 2005.
Details
- Transaction purpose: Stable asset management and improvement in profitability
- Fund name: Samsung 12 Private Placement Bond Trust #5
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Corporate News : Insurance Policy Purchase
On December 20, 2005, the BOD of Samsung Electronics authorized to renew the severance payment insurance policy with Samsung Life.
Details
1. The purchase of insurance policy aims to manage severance pay in a stable manner and improve profitability of the asset.
2. Insurance policy purchase date: December 31, 2005
3. Insurance details
- Total premium: KRW 221.9 billion (taking into account KRW 14.9 billion of future interest accruals and the interim payment of KRW 130 billion, the actual premium to be paid is KRW 77 billion)
※ Samsung Life will pay 59% of severance pay in case a Samsung Electronics employee leaves the company.
- Insurance period: December 31, 2005 to December 30, 2006
- Premium payment: payment in full
- Interest rate: 3.7 % (floating rate)
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Corporate News : Addition of Affiliate
1. Affiliate to be added:
1) Name: SER (overseas subsidiary)
2) CEO: Jang, Chang Deok
3) Financials (as of the end of 2004)
- Total Assets: KRW 9,592,520,480
- Total shareholders’ equity: KRW 6,983,002,860
- Total liabilities: KRW 2,609,517,620
- Paid-in-capital: KRW 77,039,000
4) Major business area: Sale of consumer electronics and mobile handsets
5) Ownership of the largest shareholder and other related parties after the addition: 100%
2. Samsung Group Status
1) Reason for the addition: Covered by the consolidated financial statements of Samsung Electronics.
2) Number of the affiliates after the addition: 127
- Number of the affiliates is based on 63 domestic affiliates specified
under the Fair Trade Commission’s rules governing anti-trust and fair
trade, and 64 overseas subsidiaries covered by the consolidated
financial statements of Samsung Electronics
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Corporate News : Appointment of the Audit Committee Officer
1. Officer Profile:
A. Name: Kap-Hyun Lee
B. Age: 62
C. Education: Seoul National University, Business Major, Class of 1968
D. Current Job: Advisor for Boston Consulting Group
E. Work Experience: 1997~1999 Korea Exchange Bank, Vice President
1999~2000 Korea Exchange Bank, President
2000~Present Boston Consulting Group, Advisor
2. Terms: February 27, 2004~February 26, 2007
3. Reason for appointment: Terms renewed
4. Reasons for disqualifications: None
5. Outside director: Yes
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Corporate News : Real Estate Rental from Related Party
- Lessor: Samsung Living Plaza
- Relationship to the company: Affiliate
- Deposit: None
- Rent: KRW 14,365,000 (Monthly)
- Rental period: December 1, 2003 to August 31, 2004
- Transaction property: 217.1 pyeong of office space
(Seoul-si, Guro-gu, Gaebong-dong 179-8, Seoul, Korea)
- This transaction is not subject to the BOD authorization.
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Corporate News : Real Estate Lease to Related Party
1. Samsung Toros Co., Ltd.
- Lessee: Samsung Toros Co., Ltd.
- Relationship to the company: Affiliate
- Deposit: KRW 0
- Rent: KRW 2,054,545/Month
- Leasing period: April l , 2003 to February 28, 2004
- Contract signing date: April 28, 2003
- Transaction property: 203.38 pyeongs of office building
(Hwabuk-dong Jeju-si Jeju-do Korea)
- The transaction is not subject to a BOD authorization
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Corporate News : SAMSUNG Showcases Its Latest Innovations in Home Entertainment
NEW YORK - September 16, 2003 - This year at the DigitAll Inspiration
2003 event in New York, SAMSUNG Electronics showcased the latest additions to
its line of home entertainment devices. They include the DVD-HD931 high-definition
DVD player with the worlds first digital visual interface output, and the HT-DB660
5.1-channel surround sound system that eliminates the hassle of stringing cables
around the room for audiophiles and those consumers who like true-to-life sound.
More about the DVD-HD931
SAMSUNG's new DVD-HD931 is unmatched for DVD playback, outperforming conventional
or even progressive scan picture quality. The latest scaling-up technology is
used to increase video resolution from standard definition to the resolution
of most HD TVs (720p/1080i). In addition, Farouds renowned de-interlacing
picture correction technology, known as DCDiTM, is utilized to maintain natural
fluidity of the video signal without jagged or coarse outlines.
SAMSUNG's new DVD player also utilizes the worlds first digital visual interface
(DVI) output to transmit uncompressed digital video signals without analogue
conversion, preventing image quality loss.
More about the HT-DB660
The perfect way to enjoy a high-quality DVD or digital broadcast is to add a
5.1-channel surround sound system. However, creating that home theater-style
environment can be difficult especially when it comes to connecting those
rear speakers. Now, SAMSUNG's HT-DB660, which features innovative rear reflection
technology, stands out for its easy installation, excellent sound quality and
improved design.
The rear reflecting surround system incorporates front and rear speakers in
a single unit, simplifying problems with space and speaker lines. SAMSUNG has
broken new ground by offering a system without rear speakers that can generate
the same quality surround sound available from conventional 5.1-channel home
theater systems.
Early this year, SAMSUNG completed development of its proprietary Super Digital
Sound Master (sDSM) technology that optimizes the sound field via digital signal
processing. State-of-the-art digital technology prevents possible direct sound
from the rear channel. Sound compensation circuit technology is also used for
optimizing reflected rear sound. As a result, consumers save floor space and
complexity without compromising sound quality.
The sDSM technology features Auto Sound Calibration, which optimizes 5.1-channel
sound output to suit the particular acoustic characteristics of any given location.
With a simple touch of a button, users get the best possible sound levels and
frequency setting.
SAMSUNG's HT-DB660 also features Live Surround Mode for the simulated experience
of a theater or a concert hall, Super 5.1 Channel Function for converting
two-channel sound from CDs or TV to 5.1-channel sound, and Magic Headphones
for a simulated surround effect on any set of headphones.
About SAMSUNG Electronics America, Inc.
Headquartered in Ridgefield Park, NJ, SAMSUNG Electronics America, Inc. (SEA),
a wholly owned subsidiary of SAMSUNG Electronics Co., markets a broad range
of award-winning, advanced digital consumer electronics and information systems
products. The SEA organization oversees the North American operations of SAMSUNG
Telecommunications USA, SAMSUNG Electronics Canada and SAMSUNG Electronics Mexico.
Please visit www.SAMSUNGusa.com for more information.
About SAMSUNG Electronics
SAMSUNG Electronics Co., Ltd. is a global leader in semiconductor, telecommunications,
flat panel display and digital convergence technology. SAMSUNG Electronics employs
approximately 75,000 people in 89 offices across 47 countries. The company is
the worlds largest producer of memory chips, TFT-LCDs, CDMA mobile phones,
monitors and VCRs. SAMSUNG Electronics consists of four main business units:
Digital Media Network, Device Solution Network, Telecommunications Network and
Digital Appliance Network Businesses. The company web site is located at http://www.SAMSUNG.com.
HT-DB660
Specifications
Model
HT-DB660
Power Rating
500W
(80Wx5+100W)
Configuration
Rear
Reflecting Surround System
Sound Optimization
sDSM
(Super Digital Sound Master)
- ASC, LSM, V-H/P
- Super 5.1, Surround Plus
DVD Unit
5 DVD
disc changer
Sound Modes Supported
DD, DPL
II, DTS
Compatible Media
DVD-R/RW,
CD-R/RW,VCD, MP3 CD, JPEG CD
Output
S-Video,
Composite, Component Output
Hypervision
Specifications
Model
DVD-HD931
Features
Analog
Video
720P/1080i
Video out
576p(PAL Progressive
Scan) Video out
O(Component)
Digital
Video
720p/1080i Video out
O(DVI)
576p(PAL Progressive
Scan) Video out
O(DVI)
Audio
DTS Decoder
AC-3 Decoder (2CH
down mix)
O
MPEG-2 Decoder (2CH
down mix)
O
Virtual 3D Sound
O
Video
Performance
Detail Enhancement
O
Contrast Enhancement
O
Output Jack
Analog
Video
Component(Y,Pb,Pr)
Output
1ea
1ea
S-Video Output
Composite Output
2ea
SCART Output
1ea
Digital Video
DVI(Digital Visual
Interface) Output
1ea
Audio
2CH Audio Out(L/R)
2ea
Digital Out (Coaxial/Optical)
O / O
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Corporate News : Samsung's SyncMaster 213T Garners SL SLCentral.com's "Editors Choice" Award
The 213T is another great addition to Samsung's LCD monitor line. It looks great and has good picture quality, although the hefty price tag could put off all but businesses or extreme enthusiasts, having said all that we would highly recommend the 213T. Read on to find out more..... Read the review
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Corporate News : Real Estate Rental from Related Party
- Lessor: Samsung Life Insurance
- Relationship to the company: Affiliate
- Deposit: KRW 1,504,733,410
- Rent: KRW 490,000
- Rental period: March 3, 2003 to December 31, 2003
- Transaction property: 2,280.03 square meters of office space
(Dae-gu Gwangyeok-si Jung-gu Deoksan-dong, Korea)
- The BOD of Samsung Electronics authorized the transaction on March 3, 2003
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Corporate News : Real Estate Lease to Affiliates
1. Samsung Electronics Service
- Lessee: Samsung Electronics Service Co., Ltd.
- Deposit: KRW 230,971,000
- Rent: KRW 74,800,800 (for 9 months, VAT excluded)
- Leasing period: July 1, 2005 to March 10, 2006
- Contract date: August 19, 2005
- Transaction property: 710.5 square meters of office space
(51-31 Wonhyoro 3-ga Yongsan-gu, Korea)
- The transaction is not subject to authorization of the BOD.
2. Samsung Corporation
- Lessee: Samsung Corporation
- Deposit: KRW 769,380,000
- Rent: KRW 1,846,512,000 (for 24 months, VAT excluded)
- Leasing period: September 1, 2005 to August 31, 2007
- Contract date: September 1, 2005
- Transaction property: 8,478.1 square meters of office space
(262-1 Seohyeon-dong Bundang-gu Seongnam-si Gyeonggi-do, Korea)
- The transaction is not subject to authorization of the BOD.
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Corporate News : SAMSUNG, Time Warner Cable And Advance/Newhouse Join Together To Launch OCAP On Interactive HDTV Sets And HD Set-Top Boxes
Time Warner Cable Launches High-Definition Interactive Digital Cable Services on World’s First Interactive Digital Cable Ready (iDCR)
OCAP-Based TV and Set-top Box from Samsung
New York, NY - Samsung, Time Warner Cable and Advance/Newhouse Communications announced that interactive digital cable services are now live on the Samsung HL-S5686C Open Cable Application Platform (OCAPTM) compliant DLP HDTV and SMT-H3050 High Definition Set-top Boxes (HDSTB) in Time Warner Cable's New York City systems, and will soon be expanding to other Time Warner Cable cities, including Milwaukee, WI, and cities covered by Advance/Newhouse's Bright House Networks cable systems.
The announcement was made today concurrent with the opening night of Time Warner Cable's Home to the Future exhibit. Home to the Future (www.hometothefuture.com) is a four-story, interactive installation built inside the Time Warner Center at New York City's Columbus Circle that opens to the public January 17 and lasts for three weeks.
Time Warner Cable's new interactive cable service includes its OCAP Digital Navigator and its in-house developed Interactive Program Guide. In 2007, Time Warner Cable and Advance/Newhouse Communications will continue to rollout OCAP on Samsung OpenCable products in other divisions of Time Warner Cable and Bright House Networks.
"Samsung is excited to see the commercial launch of OCAP on our HDTVs and High Definition STBs," said DJ Oh, President and CEO of Samsung Electronics America, Inc. "Time Warner Cable and Advance/Newhouse Communications through its Bright House Networks cable systems have been instrumental in leading the North American cable industry to accelerate the deployment of OpenCable technology."
"This underlines our commitment to fully deploy OCAP on all of our systems and confirms our growing relationship with Samsung, a leader in consumer electronics," said Glenn Britt, President and CEO of Time Warner Cable. "OCAP will foster the national launch of interactive applications and these Samsung products will enable consumers to enjoy the full range of interactive services with or without a set-top box"
"We are pleased by the progress made through our partnership with Samsung and Time Warner Cable towards making OCAP a deployable reality," said Robert Miron, Chairman and CEO of Advance/Newhouse Communications. "This exemplifies our core commitment to continuously providing more choice and value to our Bright House Network customers."
About Samsung Electronics America, Inc.
Headquartered in Ridgefield Park, NJ, Samsung Electronics America, Inc. (SEA), a wholly owned subsidiary of Samsung Electronics Co., Ltd., markets a broad range of award-winning, advanced digital consumer electronics, information systems and home appliance products. The SEA organization oversees the North American operations of Samsung including Samsung Telecommunications America, LP, Samsung Electronics Canada, Inc. and Samsung Electronics Mexico, Inc. Please visit www.samsung.com for more information.
About Samsung Electronics
Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2005 parent company sales of US$56.7 billion and net income of US$7.5 billion. Employing approximately 128,000 people in over 90 offices in 51 countries, the company consists of five main business units: Digital Appliance Business, Digital Media Business, LCD Business, Semiconductor Business and Telecommunication Network Business. Recognized as one of the fastest growing global brands, Samsung Electronics is a leading producer of digital TVs, memory chips, mobile phones, and TFT-LCDs. For more information, please visit www.samsung.com.
About Time Warner Cable
Time Warner Cable owns and manages cable systems serving 13.5 million subscribers in 33 states. Passing approximately 26 million homes, Time Warner Cable includes some of the most technologically advanced and best-clustered cable systems in the country, with nearly 85 percent of the Company's customers located in five geographic regions: New York, Texas, Ohio, the Carolinas and southern California. Leveraging its leadership in innovation and quality customer care, Time Warner Cable delivers advanced products and services such as video on demand, high definition television, digital video recorders, high-speed data and Digital Phone. Time Warner Cable is a subsidiary of Time Warner Inc. (NYSE: TWX).
About Advance/Newhouse Communications / Bright House Networks
Advance/Newhouse manages Bright House Networks, which serves more than 2.3 million subscribers in cable television systems located in and around Tampa Bay, Central Florida, Indianapolis, Birmingham, Bakersfield and Detroit along with several smaller systems in Alabama and panhandle Florida. Advance/Newhouse is a privately held company headquartered in Syracuse, New York. The Advance/Newhouse partners' other interests include Condé Nast magazines, PARADE magazine, daily newspapers serving 26 cities, American City Business Journals, which publishes business journals in over 40 cities, Advance Internet and CondéNet, producers of online services, and a significant interest in Discovery Communications, Inc.
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Corporate News : Lawsuit against Samsung Electronics and its affiliates regarding Samsung Motors
On December 22, 2005, the creditors of Samsung Motors filed a lawsuit against Samsung Electronics and its affiliates for their failure to carry out the agreement with the creditors.
Details
1. Legal parties
- Plaintiff: Thirteen creditors of Samsung Motors including Seoul Guarantee Insurance
- Defendant: Samsung Electronics and its affiliates
2. Court of jurisdiction: Seoul District Court
3. The creditors call on the companies to pay KRW 2,450,000,000,000 of the motor company’s debt, KRW 2,287,964,383,561 of penalty, and delinquency interest.
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Corporate News : Purchase of a Beneficiary Certificate
Samsung Electronics has purchased a beneficiary certificate worth KRW 30 billion from Korea Investment & Securities on December 26, 2005.
Details
- Transaction purpose: Stable asset management and improvement in profitability
- Fund name: Samsung 03 Private Placement Bond Trust #32
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Corporate News : SAMSUNG Electronics Develops Largest Flexible LCD Panel
Seoul, Korea – November 28 th , 2005 - Samsung Electronics Co., Ltd., announced today that it has developed the world's largest transmissive TFT LCD ( thin-film transistor, liquid crystal display), with sufficiently high resolution to display digital television content.
The seven-inch, 640x480 (VGA-standard) flexible display uses a transparent plastic substrate that is thinner, lighter and more durable than the conventional LCD glass panels used today. Moreover, the full-color transmissive LCD panel maintains a constant thickness even when it is bent.
Considered the next-generation in flat panel displays, this technology involves the use of pliable plastic instead of rigid glass substrates in TFT-LCD production. The plastic will not break when flexed, allowing much greater freedom in commercial designs requiring flexible full-color, high-resolution display components. The seven-inch flexible TFT-LCD is optimized for mobility applications, including cell phones and notebook computers. System designers and OEMs also may apply the advanced Samsung display technology to new applications, such as fashion-enhancing or wearable electronic display designs, thanks to its differentiated flexible format.
The new display is double the size of Samsung's five-inch flexible LCD display prototype announced in January 2005.
With this advancement, Samsung has overcome daunting problems involving the plastic substrate's heat sensitivity including a previous challenge to maintain the display's substrate thickness when subjected to typical commercial thermal conditions. Samsung developed an low-temperature processing technique that can be used to manufacture the display's amorphous thin-film transistors, color filters and liquid crystals at process temperatures much lower than standard glass-based, amorphous silicon (a-Si )technology.
Drawing on technology adopted for the production of low-temperature (less than 130 degrees Celsius) a-Si TFT LCD and color filter, Samsung's proprietary LCD technology minimizes substrate deformation by preventing not only changes in thickness but also distortion of images by binding two extremely-thin panels together through a new proprietary system design.
The latest flexible LCD panel was developed under a three-year program funded by Samsung Electronics' next-generation display development group under the auspices of the Korean Ministry of Commerce, Industry and Energy, supported by Samsung's Corporate Research Fund.
Specification of Samsung 7 a-Si TFT-LCD Model
Display Mode
Transmissive
Screen Size (diagonal)
7 inches"
Resolution
640 x 480 x RBG (114 ppi)
Aperture Ratio
40 percent
Brightness
100 nit
Color Saturation
60 percent (of NTSC)
About Samsung
Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2004 sales reaching US$55.2 billion and net income of US$10.3 billion reported by the parent company. Employing approximately 113, 6 00 people in over 90 offices in 48 countries, the company consists of five primary business units: the Digital Appliance Business, Digital Media Business, LCD Business, Semiconductor Business and Telecommunication Network Business. Recognized as one of the fastest growing brands, Samsung Electronics is a leading producer of digital TVs, memory chips, mobile phones and TFT-LCDs. For more information, please visit www.samsung.com
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Corporate News : Equity Investments in Subsidiaries
On November 21, 2005, the management committee authorized to make equity investments in Samsung Electronica Da Amazonia Ltda. and Samsung Electronics Slovakia S.R.O.
Details
1. Investee: Samsung Electronica Da Amazonia Ltda. (overseas subsidiary)
- Investment amount: USD 45,000,000
2. Investee: Samsung Electronics Slovakia S.R.O. (overseas subsidiary)
- Investment amount: USD 10,000,000
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Corporate News : Shareholding Change of a BOD Member
Vice Chairman & CTO Yoon Woo Lee sold 2,100 common shares on the open market on October 14, 2005, decreasing his shareholdings from 12,100 shares to 10,000 shares.
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Corporate News : Supply Agreement of NAND Flash Memory
On November 21, 2005 (Pacific time zone), Samsung Electronics reached a long term agreement with Apple Computer under which Samsung Electronics will supply NAND Flash Memory to Apple Computer until 2010.
Under the agreement, Apple Computer will make a pre-payment of USD 1.25 billion to some of the suppliers(USD 0.5 billion for Samsung Electronics) during three months following the contract date.
* Other terms and conditions of the agreement are confidential.
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Corporate News : Response to Disclosure Inquiry regarding Report on Samsung Electronics’ Construction of Semiconductor Manufacturing Plant in the U.S.
No decision has been made on the reported construction of semiconductor manufacturing plant in the U.S. at this time though Samsung Electronics is examining proposals made by some local governments of the U.S.
Further disclosure will be made as soon as any decision regaring the above issue is made.
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Corporate News : SAMSUNG Electronics Announces 2005 Third-Quarter Earnings Record Number of Handset Sales in the Third Quarter
Seoul, Korea, October 14, 2005 : Samsung Electronics
Co., Ltd. announced its financial results for the third quarter of 2005.
The company recorded net income of 1.88 trillion won, on sales 14.54 trillion
won. Operating income was 2.13 trillion won, or up 28.8% from the previous
quarter.
Net profit in the third-quarter increased 11% compared with the previous
quarter, while sales jumped 7% compared to the previous quarter.
The growth rate in net profit in the third-quarter was less than that
of operating profit due to provisions set aside to cover costs related
to the U.S-government investigation into the price-fixing of memory chips.
Due to the provisions, equity-related gains decreased in the third quarter.
Sales and net income of the Semiconductor Business increased to 4.59 trillion
won and 1.35 trillion won, respectively, as demand for NAND Flash chips
used in MP3 players and mobile phones remained robust. Migration to the
finer process technology in both DRAM and NAND Flash helped reduce manufacturing
costs and boost profitability.
Samsung produces DRAM chips on 80nm and 90nm processes, and the company
finished developing a 512Mbit DDR2 memory device on a 70nm process. Yields
per wafer will be 100% higher than using 90nm technology.
The Telecommunication Network Business posted sales of 4.58 trillion
won, and operating income of 550 billion won. Samsung sold a record 26.8
million phones in the third quarter. Globally, the handset market is increasing
becoming more competitive as companies produce more mid-to-low-end handsets.
Meanwhile, Samsung continues to be a market leader in the high-end, premium
handset sector..
Demand for Blue-Black phones, which were launched November 2004, remained
robust in the third quarter. The company expects stronger ASPs in the
fourth quarter with the launch of new premium products such as the D600
and 3G phones.
The LCD Business reported revenue and operating income figures of 2.68
trillion won and 300 billion won, respectively. The company expects its
performance to improve in the fourth quarter as demand for LCDs increases,
especially of sales of 32-inch and larger LCD TV panels.
Digital Media Business sales decreased to 1.64 trillion won and posted
a 20 billion won operating loss. Sales of its Digital Appliance Business
dropped 15% to 850 billion won and operating income at 40 billion won.
Dr. Woosik Chu, Senior Vice President of Samsung’s investor-relations
team, said “Despite the challenging business environment and depressed
market conditions, sales of our mainstay products remained robust, demonstrating
the inherent strength and competitiveness of Samsung’s business model.”
Dr. Chu adds, “Samsung Electronics anticipates positive fourth-quarter
results as demand for IT products tend to surge in the year end.”
Revenue by Business
Business
3Q04
2Q05
3Q05
Growth
YoY (%)
QoQ (%)
Semiconductor
4.74
4.17
4.59
(3.2)
10.2
- Memory
3.64
3.22
3.47
(4.6)
7.7
- System
LSI
0.63
0.45
0.55
(11.4)
22.8
LCD
1.90
2.12
2.68
41.1
26.4
Telecommunication
Network
4.82
4.46
4.58
(5.1)
2.7
- Mobile
Phone
4.57
4.19
4.37
(4.2)
4.5
Digital Media
1.95
1.61
1.64
(15.8)
2.0
Digital Appliance
0.81
1.00
0.85
4.8
(15.0)
Total
Revenue
14.34
13.59
14.54
1.4
7.0
Operating Profit by Business
Business
3Q04
2Q05
3Q05
Growth
YoY (%)
QoQ (%)
Semiconductor
1.95
1.10
1.35
(30.8)
21.9
LCD
0.23
0.01
0.30
31.7
2,245.1
Telecommunication
Network
0.61
0.53
0.55
(10.4)
3.1
Digital Media
(0.033)
(0.05)
(0.02)
24.8
53.1
Digital Appliance
(0.009)
0.03
(0.04)
(394.4)
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Total
Operating Profit
2.74
1.65
2.13
(22.5)
28.8
About Samsung Electronics
Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2004 parent company sales of US$55.2 billion and net income of US$10.3 billion. Employing approximately 123,000 people in 93 offices in 48 countries, the company consists of five main business units: Digital Appliance Business, Digital Media Business, LCD Business, Semiconductor Business and Telecommunication Network Business. Recognized as one of the fastest growing brands, Samsung Electronics is the world's largest producer of color monitors, color TVs, memory chips and TFT-LCDs. For more information, please visit www.samsung.com .
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Corporate News : SAMSUNG Successfully Rolled Out Triple Play Service Network Supporting Internet, Phone and Broadcasting for Versatel
Seoul, Korea, September 14, 2005 : Samsung Electronics
announces its successful launch of the first ADSL2+ full IP triple play
service (TPS) network in the world. In the Netherlands, Samsung realized
this fast next generation network for communications network operator
Versatel that is able to offer the first triple play service through ADSL2+
to the Dutch market, now.
A state of the art ADSL2+ network can provide services with speeds up
to 24 Mbps. In this case, ADSL2+ enables Versatel to offer much faster
and richer multi play services than providers using regular ADSL networks.
Raj Raithatha, Chief Executive Officer of Versatel, stated: “Versatel
is the first Dutch operator that provides multi media services over ADSL2+.
Our ADSL2+ network has given us the necessary bandwidths to transmit television,
video, telephony and internet services through a single copper line, thus
giving Versatel a leading role in the introduction of new multi play services
in the Netherlands. Given the tight time frame and the innovative character
of the services, Samsung has proven to be a dedicated and reliable partner
in the roll out of ADSL2+ in the Netherlands”.
In eight months, Samsung managed to deploy an ADSL2+ full IP TPS network
in the Netherlands. This turn key end-to-end solution consists of the
delivery, integration and installation of next generation network components,
including soft switches, media gateways, trunk gateways, DSLAMs, media
farms and Ethernet switches. To complete the solution, Samsung has delivered
integrated access devices (IADs) and IP set top boxes for triple play
services, and broadcast servers.
Patrick Bosschart, European Business Director of Samsung Telecommunication
Network System Division, said: “Through a successful launch of this first
ADSL2+ full IP network in the world, Samsung demonstrated its capability
as an end-to-end solution provider, establishing and designing a comprehensive
network for business partners. Thanks to our leadership in consumer electronics,
IP technology and our large experience in the design and integration of
large-scale networks for service operators, we have created a competitive
advantage in the development of next generation networks.”
About Samsung Electronics.
Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication,
digital media and digital convergence technologies with 2004 parent company
sales of US$55.2 billion and net income of US$10.3 billion. Employing
approximately 113,000 people in over 90 offices in 48 countries, the company
consists of five main business units: Digital Appliance Business, Digital
Media Business, LCD Business, Semiconductor Business and Telecommunication
Network Business. Recognized as one of the fastest growing brands, Samsung
Electronics is the world's largest producer of color monitors, color TVs,
memory chips and TFT-LCDs. For more information, please visit www.samsung.com
About Versatel Telecom International N.V. (Euronext: VRSA)
Versatel, based in Amsterdam, is a competitive communications
network operator and a leading alternative to the former monopoly telecommunications
carriers in its target market of the Benelux and Germany. Founded in October
1995, the Company holds full telecommunication licenses in The Netherlands,
Belgium and Germany and has over 1 million customers and approximately
2,000 employees. Versatel operates a facilities-based local access broadband
network that uses the latest network technologies to provide business
customers with high bandwidth voice, data and Internet services. Versatel
is a publicly traded company on Euronext Amsterdam under the symbol "VRSA".
News and information are available at www.versatel.com.
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Corporate News : SAMSUNG Electronics at Center of Phenomenal “Flash Rush”
S eoul , Korea , Sept ember 12, 2005 – Samsung Electronics Co. , Ltd. , the world leader in advanced memory technology, announced that the semiconductor industry is at a major turning point in the use of memory for data storage. Referring to a modern-day “Flash Rush,” Dr. Chang-Gyu Hwang president and CEO of Samsung Electronics' Semiconductor Business, said that tremendous advancements in NAND flash as well as a surge in the memory's supply and demand, is forever changing the way consumers and businesses use portable computer and electronics technology.
“The future of NAND is setting the stage for an irreversible shift in the design of digital end products as NAND becomes the key storage medium for data in virtually any portable form,” Dr. Hwang said at a press conference today at the Shilla Hotel in downtown Seoul , Korea .
He compared the growing embrace of NAND technology for data storage applications to that of the Gold Rush of 1849, which permanently transformed the value and importance of gold around the word almost overnight.
“NAND flash will eventually replace other storage mediums, especially those used in mobile products, creating a “ Flash Rush, ” as NAND continues to register an unprecedented surge in demand as the backbone of the mobile electronics era ,” Dr. Hwang added.
When Samsung introduced the “New Memory Growth Model” at an ISSCC conference in 2002, NAND was predicted to show double density growth annually. Indeed, the predictable rapid evolution of NAND flash density from 256 Megabits (Mb) in 1999 to 8Gb in 2004, is playing a major role in its becoming the new primary storage medium for portable digital products.
Dr. Hwang predicted that the phenomenal speed at which the industry is shifting to NAND flash will trigger a ripple effect across the electronic industry that will result in increased portability, a wealth of new design choices and much more convergence in digital applications.
Samsung's 16Gb NAND flash memory, revealed today in a separate announcement, will further spur the proliferation of NAND as the dominant storage medium in portable digital applications from DSCs, USB drives, MP3 players, DVCs, PMPs and mobile handsets to tablet PCs, sub-notebooks and even some notebooks where NAND is beginning to compete aggressively with mini HDDs. (hard disk drives).
In 2002, when Samsung foretold the dramatic shift in storage mediums, market forecasts for NAND predicted a mere US$1.7Billion in revenues this year, while global NAND flash memory revenues are actually expected to reach US$10.1billion this year, more than a five-fold increase. Over the past four years, NAND flash market has witnessed a compounded growth rate of 70 percent annually. This year, it appears clear that NAND will surpass NOR as the most popular flash memory.
About Samsung Electronics
Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2004 parent company sales of US$55.2 billion and net income of US$10.3 billion. Employing approximately 1 1 3,000 people in over 90 offices in 48 countries, the company consists of five main business units: Digital Appliance Business, Digital Media Business, LCD Business, Semiconductor Business and Telecommunication Network Business. Recognized as one of the fastest growing brands, Samsung Electronics is the world's largest producer of color monitors, color TVs, memory chips and TFT-LCDs. For more information, please visit www.samsung.com.
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Corporate News : Real Estate Lease to Related Party
- Lessee : Samsung Life Insurance Co.,Ltd
- Relationship to the company : Affiliate
- Deposit : -
- Monthly Rent : KRW 555,000
- Leasing period : Feburary 1, 2004 to December 31, 2004
- Contract signing date : Feburary 1, 2004
- Transaction property : 15 pyeongs of office space
(Yonginsi Giheung, Kyunggido Korea)
- The transaction is not subject to a BOD authorization.
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Corporate News : Public Disclosure Requirements
1. Contents: The following is Samsung's 2003 business results and 2004 industry outlook to be presented at JP Morgan Conference on March 15, 2004
2. Presentation Details:
A. Information Provider: Samsung Electronics IR Team
B. Audience: Domestic & Foreign Securities Firms
C. Event Details:
i. Date: March 15, 2004 9AM
ii. Conference: JP Morgan North Asia Tech Trek
iii. Location: Seoul Shilla Hotel
3. Contact Information for Public Disclosure
A. Person in charge: President Mr. Choi (Tel: 822-727-7522)
B. Contact person: Hyunseung Kim (Tel: 822-727-7286)
C. Contact team: IR team
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Corporate News : 711T earns Bonafidereviews.com's "Great Product" Award
Samsung is back in black with their SyncMaster 711T 17" LCD monitor. Compared to the multifunctional Samsung SyncMaster 192MP 19" Display reviewed earlier on BFR, the 711T gets back to the basics offering just two input modes at an extremely high contrast ratio of 1000:1...
Read the review
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Corporate News : SAMSUNG Electronics and Discovery Communications Join Forces to Promote High-Definition Television
Seoul , Korea – September 1 , 2005 : Samsung Electronics, a leader in digital televisions, and Discovery Communications, the leading global real-world media and entertainment company, today announced the first-ever worldwide partnership between a hardware manufacturer and a global content company to accelerate the adoption of high-definition television technology and content. The announcement was made the day before the opening of the IFA trade show, the world's largest consumer electronics trade fair, held at Messe Berlin .
World-class content on the world's most advanced HDTVs
Discovery Communications and Samsung will demonstrate to viewers around the world how HD technology enhances the viewing experience. As a first step in what the companies plan to be a long-term collaborative relationship, Samsung will display Discovery content shot in true high-definition on over 30,000 Samsung HDTVs in over 40 countries worldwide, including the United States. Venues will include exhibitions, public spaces and retail locations, resulting in a global network of demonstrations that will reach millions of potential HD television viewers. Samsung will demonstrate the HD experience on a wide variety of visual display screen sizes and technology platforms, including LCD, Plasma, Rear Projection DLP ä and SlimFit ä HDTV CRT's. Discovery Communications will contribute selections from its high quality HD programming across the company's worldwide networks.
"Only Samsung offers consumers a choice among all the leading HDTV technologies,” said Gee-Sung Choi, President and CEO of the Digital Media Business of Samsung Electronics. "Our leadership in high-definition display technology makes a perfect match for Discovery's breathtaking range of HD programming. As a result, this new partnership will help people everywhere discover the astounding potential of HDTV."
“We are thrilled to partner with Samsung to demonstrate to the world how compelling the HD viewing experience truly is,” said Donald A. Baer, Senior Executive Vice President, Strategy and Development, Discovery Communications. “As a leading provider of HD content, Discovery Communications has helped build the HD category by working with cable operators and direct-to-home providers to market HD services as a compelling consumer product. Through this collaboration, Discovery and Samsung are taking a leadership role in building the foundation of the HDTV category in markets across the globe.”
The new partnership will use selected assets from Discovery Communications' extensive library of HD content developed for airing on Discovery HD Theater ä , the first 24/7 HD channel to launch in the U.S. Last year, Discovery Communications entered the international HD arena with the announcement of Discovery HD ä for markets outside the U.S.
Samsung's proprietary technology, DNIe ä – Digital Natural Image engine – is the secret to stunning HDTV picture quality. DNIe ä optimizes six different elements of image quality such as color balance, sharpness, and motion to reproduce the most life-like and vibrant picture throughout Samsung's broad portfolio. This product range is home to the world's largest HDTVs, including a 102” PDP TV, an 82” LCD TV, and a 71” DLP ä TV, further punctuating Samsung's technology leadership.
The first demonstration of the partnership will begin at Samsung's exhibition booth at IFA, which runs 2 September through 7 September. Discovery's HD programming will be seen on the world's largest television, a 102-inch plasma display panel TV as well as on Samsung's 40-inch LCD TV, recently named as the best LCD TV in Europe by the European Imaging and Sound Association.
High-definition poised to grow in Europe
In Europe , HD is poised for rapid growth with several service providers announcing plans for new services in 2006. Crucial to the success of such services is the availability of outstanding HD programming and HD televisions, which underscores the importance of today's announcement.
In addition to thousands of locations throughout Europe — a key market where Samsung and Discovery are rapidly expanding — and the United States , the content will also be showcased in China and South East Asia where HD is starting to emerge.
About Discovery Communications, Inc.
Discovery Communications is the leading global real-world media and entertainment company, with operations in more than 160 countries and territories with 1.3 billion cumulative subscribers. Established in 1985, DCI today operates over 90 networks of distinctive programming representing 25 network entertainment brands and operates 120 Discovery Channel retail stores. DCI also distributes BBC America in the United States . DCI's ownership consists of four shareholders: Discovery Holding Company (NASDAQ: DISCA, DISCB), Cox Communications, Inc., Advance/Newhouse Communications and John S. Hendricks, the Company's Founder and Chairman.
About Samsung Electronics
Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2004 parent company sales of US$55.2 billion and net income of US$10.3 billion. Employing approximately 1 1 3,000 people in over 90 offices in 48 countries, the company consists of five main business units: Digital Appliance Business, Digital Media Business, LCD Business, Semiconductor Business and Telecommunication Network Business. Recognized as one of the fastest growing brands, Samsung Electronics is the world's largest producer of color monitors, color TVs, memory chips and TFT-LCDs. For more information, please visit www.samsung.com.
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Corporate News : The SyncMaster 171P Garner CNET's "Editors" Top Monitors& Awards for 17-inch LCDs
This sleek LCD may be a little pricey, but its sharp image quality and snazzy design make it a good choice for style-conscious business and home users... Read the review
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Corporate News : Addition of Affiliate
1. Affiliate to be added:
1) Name: SEHF Korea
2) CEO: Jeon, Byeong Bok
3) Financials:
- Total Assets: KRW 1,897,200,000
- Total shareholders’ equity: KRW 1,897,200,000
- Total liabilities: KRW 0
- Paid-in-capital: KRW 1,897,200,000
4) Major business area: Manufacture and sale of optic communication products, electronics, and optic parts.
5) Others: The above financials are based on numbers as of December 15, 2004 (establishment date of SEHT Korea)
6) Ownership of the largest shareholder and other related parties after the addition: 100%
2. Samsung Group Status
1) Reason for the addition: Establishment of an affiliate
2) Number of the affiliates after the addition: 126
- Number of the affiliates is based on 63 domestic affiliates specified
under the Fair Trade Commission’s rules governing anti-trust and fair trade, and 63 overseas subsidiaries covered by the consolidated financial statements of Samsung Electronics.
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Corporate News : Equity Investment in a Subsidiary
Under the agreement between Samsung Electronics and Tianjin Zhonghuan Electronics & Information Group reached on August 29, 2005, Samsung Electronics decided to make additional equity investment of USD 16,200,000 in Tianjin Samsung Telecom Technology(overseas subsidiary).
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Corporate News : Debt Guarantee for Overseas Subsidiaries
Board Committee Resolution
The management committee authorized debt guarantees for overseas subsidiaries on January 31, 2005
Details
1. Samsung Japan Co., Ltd.
- Relationship to Samsung Electronics: Overseas subsidiary
- Debt guarantee: USD 34,000,000 (expiration date extension)
- Guarantee period: February 23, 2005 to February 22, 2006
- Creditor: Mizuho
- Debt guarantee ceiling to Samsung Japan Co., Ltd.: USD 109,000,000
(including the expiration date extended guarantee)
2. Samsung Electronics Mexico S.A. de C.V.
- Relationship to Samsung Electronics: Overseas subsidiary
- Debt guarantee: USD 20,000,000 (expiration date extension)
- Guarantee period: February 23, 2005 to February 22, 2006
- Creditor: Bank of America
- Debt guarantee ceiling to Samsung Electronics Mexico S.A. de C.V.:
USD 83,000,000 (including the expiration date extended guarantee)
3. Samsung Europe PLC.
- Relationship to Samsung Electronics: Overseas subsidiary
- Debt guarantee: USD 38,000,000 (expiration date extension)
- Guarantee period: March 1, 2005 to February 28, 2006
- Creditor: SMBC
- Debt guarantee ceiling to Samsung Europe PLC: USD 173,000,000 (including the expiration date extended guarantee)
4. Samsung Asia Private, Ltd.
- Relationship to Samsung Electronics: Overseas subsidiary
- Debt guarantee: USD 65,000,000 (expiration date extension)
- Guarantee period: March 1, 2005 to February 28, 2006
- Creditor: Bank of America
- Debt guarantee ceiling to Samsung Asia Private, Ltd.: USD 205,000,000 (including the expiration date extended guarantee)
5. Samsung Electronics Australia Pty, Ltd.
- Relationship to Samsung Electronics: Overseas subsidiary
- Debt guarantee: USD 10,000,000 (expiration date extension)
- Guarantee period: March 1, 2005 to February 28, 2006
- Creditor: Bank of America
- Debt guarantee ceiling to Samsung Electronics Australia Pty Ltd.:
USD 32,000,000 (including the expiration date extended guarantee)
6. PT. Samsung Electronics Indonesia
- Relationship to Samsung Electronics: Overseas subsidiary
- Debt guarantee: USD 10,000,000 (expiration date extension)
- Guarantee period: March 1, 2005 to February 28, 2006
- Creditor: Bank of America
- Debt guarantee ceiling to. PT. Samsung Electronics Indonesia: USD 20,000,000 (including the expiration date extended guarantee)
7. Samsung Electronics Philippine Manufacturing Corporation
- Relationship to Samsung Electronics: Overseas subsidiary
- Debt guarantee: USD 10,000,000 (expiration date extension)
- Guarantee period: March 1, 2005 to February 28, 2006
- Creditor: Bank of America
- Debt guarantee ceiling to Samsung Electronics Philippine Manufacturing Corporation: USD 30,000,000 (including the expiration date extended guarantee)
8. Samsung Electronics Taiwan Co., Ltd.
- Relationship to Samsung Electronics: Overseas subsidiary
- Debt guarantee: USD 6,000,000 (expiration date extension)
- Guarantee period: March 1, 2005 to February 28, 2006
- Creditor: Bank of America
- Debt guarantee ceiling to Samsung Electronics Taiwan Co., Ltd.:
USD 12,000,000 (including the expiration date extended guarantee)
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Corporate News : Purchase of a Beneficiary Certificate
Samsung Electronics has purchased a beneficiary certificate worth KRW 20 billion from Prudential Investment & Securities on September 8, 2005.
Details
- Transaction purpose: Stable asset management and improvement in profitability
- Fund name: Samsung 03 Private Placement Bond Trust #26
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Corporate News : SAMSUNG Electronics Unveils Cutting-Edge New Products At CeBIT 2005
Hannover, Germany - 11 March 2005 - Samsung Electronics today held its
European unveiling of a breathtaking array of new information, display, and telecommunications
products at CeBIT 2005. The world's largest PDP, LCD, DLP TVs are just the astounding range
of technologies on display, highlighting Samsung's 2005 portfolio of design-led, innovative products.
Samsung will be showcasing 30 innovative products and live demonstrations of DVB-H, S-DMB and T-
DMB.
Of the 30 phones that are being displayed, 20 new products including 3 megapixel 3G phone,
SGH-Z700, will be unveiled exclusively during CeBIT. After introducing three new 3G phones
at 3 GSM World Congress in Cannes this past February, Samsung will expand its
3G portfolio with the introductions of three new 3G phones at CeBIT.
Named as one of the fastest-growing brands by Interbrand, Samsung Electronics was also
named the fastest growing brand in Best Brands 2005, an annual award given by Serviceplan,
SevenOne, GfK market research, the German Brands Association (Markenverband) and
the WirtschaftsWoche business magazine. This award, which surveyed consumers on the appeal of
leading brands and the future strength of those brands, is further testimony to the strength
and success of the Samsung brand.
Vice Chairman and CEO Jong-Yong Yun said, "I am very proud of these achievements and of the
dedication of our company to continually produce cutting-edge, category-leading products.
Samsung is committed to leading the ongoing technology revolution and to developing products
that truly enhance peoples lives. Our aim is to continue challenging design limits and to provide
consumers with leading-edge products, designed specifically for their needs."
At CeBIT this year, visitors will be able to see and experience an extensive portfolio of home,
office, mobile and component technology from Samsung. Highlights include:
- 102-inch PDP TV, 82-inch LCD television and 71-inch DLP television – T
he world's largest PDP, LCD and DLP TVs delivering to consumers the perfectly
smooth theater quality experience.
- Two new printers, including the first Samsung photo printer SPP 2020/2040 for
personal entertainment; the ML-1610 printer, remarkable for its minimal and compact design.
- SyncMaster 460PN, SyncMaster 400PN and NetDisplay - Next generation LCD monitors
from the leader in TFT-LCD technology.
- Multi-format DVDR DVD-R121 and multi-format VCR combined DVDR DVD-VR320 - Excelling
in digital convergence and state-of-the-art equipment for consumers.
- Built-in Memory Camcorders VP-X110L (Sport Cam), VP-M110, VP D6050i - Pocket Size Camcorders
with 6 functions in 1 (DVC, DSC, MP3, Voice Rec., Web CAM, Data Storage),
featuring the best Movie Quality.
- DTB-S500F digital terrestrial tuner, DSB-B350Y digital satellite tuner, DCB-S300G cable receiver
and DTB-P850 series - Bringing the age of digital convergence directly into European households
with the introduction of four next-generation digital set-top-boxes.
- YH-J70, YH-J50, YP-D1, YP-T8 YP-F1 and YP-W3 - Six new portable digital audio players
for the European market which will transform the views about conventional MP3 audio players.
- Samsung X20, X25 and X50 and Q30 notebook PCs - Redesigning the mobile computing market.
- HT-P1200, HT-TWP32, HT-RP16 and AV-R3000 - Four new stylish home cinema systems.
- SGH-Z700, SGH-Z500, SGH-Z300, SGH-D600, SGH-E720 and SGH-i300 - Six new mobile phone
handsets, each representing the best in design innovation and leading technology.
* SGH-D600 - Compact and stylish intenna slide-up phone with all-in-one features including
2 megapixel camera.
* SGH-Z700 - World's first 3 megapixel 3G mobile phone with unique twisting design and
advanced camera functions.
* SGH-i300 - Introducing the world's first 3GB HDD embedded music smart phone with
scroll-wheel navigation to enjoy expanded music playing features.
All of the products that Samsung is exhibiting at CeBIT this year have one thing in common -
design excellence. At Germany's International Design Forum, Samsung was once
again recognised for its innovative design and received twelve iF Design Awards in 2005
for cutting-edge technology and products. This achievement underlines Samsung's commitment
to provide consumers with advanced technology, innovative design and functional products
in the digital era.
Since 2001, Samsung has been awarded a total of 40 iF awards. In 2005, the award winning products
were - the hyper DVD player (DVD-HD941); 32" wide LCD TV (LT32A3); 46" wide LCD TV (LT46G1);
monochrome laser printer (ML-1740); 12.1" wide notebook PC (Q30); 17" wide LCD notebook PC (M40);
Slide-up mobile phone (SGH-E800/820), Mobile phone with built-in camcorder (SPH-V4400),
Slim & Wide mobile phone (SGH-E610), global roaming phone (SCH-A790), smart vacuum cleaner (SC7830);
and flash-type MP3 player (YP-T6).
Please visit Samsung Electronics at stands Hall 01, Booth 4e2 for Office Automation,
Hall 21, Booth B44 for Information Technology and Hall 26, Booth D68 for Telecommunication
About Samsung Electronics
Samsung Electronics Co. Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 200 4 parent company sales of US$ 55.2 billion and net income of US$ 10.3 billion. Employing approximately 123 ,000 people in 93 offices in 4 8 countries, the company consists of five main business units: Digital Appliance Business, Digital Media Business, LCD Business, Semiconductor Business and Telecommunication Network Business. Recognized as one of the fastest growing global brands, Samsung Electronics is the world's largest producer of color monitors, color TVs, memory chips and TFT-LCDs. For more information, please visit www.samsung.com .
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Corporate News : SAMSUNG Re-defines Home Entertainment with a Wide Array of Groundbreaking Digital Entertainment Products
SAMSUNG Electronics Co., Ltd. once again demonstrates its remarkable innovation in the home entertainment industry, with the debut of six new showcase products at CES 2004. The company’s new 57" TFT-LCD and 80" PDP set new standards in flat screen quality while its Blue Laser Optical Disc Recorder and two new Home Theater systems deliver unsurpassed quality in the home entertainment experience.
57” TFT-LCD Panel TV and 80” PDP TV
SAMSUNG is expanding its already impressive portfolio of TV display technology for the home with the unveiling of its new 57” TFT-LCD for High Definition (HD) TV. The dramatic 57” prototype represents the largest possible size for a fifth-generation glass substrate. Offering full HDTV functionality, the 57” model features SAMSUNG’s improved PVA (ITO Patterned Vertical Alignment) and advanced polarizer technologies to achieve a 1000:1 contrast ratio ? a significant advance over the common 400:1 and even the 800:1 ratio of SAMSUNG’s preceding 54” TFT-LCD panel.
Analysts project worldwide sales of LCD-TVs larger than 40” to dramatically increase from 4.2 million units in 2003 to 28.6 million units in 2007. With its latest largest-ever model, SAMSUNG now offers the broadest range of TFT-LCD TVs ? from 15” to 57”? to meet rising market demand.
SAMSUNG will also showcase at CES its 80” PDP TV, further demonstrating the company’s prowess in large screen flat panel TVs. Its 80-inch screen is the largest ever in its category. Also with its 1920*1080 resolution this TV is capable of displaying HD signal to its fullest. An exceptional brightness of 800cd/m2 and the contrast ratio of 2000:1 were also achieved.
All SAMSUNG flat panel TVs feature the company’s patented Digital Natural Image Engine (DNIe) technology to ensure the greatest clarity in HD broadcast signals.
Blue Laser Optical Disc Recorder
A perfect complement to SAMSUNG’s new displays, the company is also debuting the Blu-ray Disc Recorder (BD-R1000), a blue laser-based optical disc device that combines the features of digital and analog recording, DVD and CD playback, and Home Theater functionality in a convenient set-top box form factor. Users can record their HDTV broadcasts onto an optical disc, preserving the full quality of content for playback at any time.
The BD-R1000 includes both ATSC digital and NTSC analog recording and playback features. SAMSUNG designed the large-scale integrated circuits, deck and pick-up components of this recordable DVD/CD player expressly for next-generation, digital convergence products.
The unit offers recording time of 2 hours in HD quality or 12 hours in SD quality. In addition, precise Servo Control and BD navigation (for quick and easy access to recorded contents) further enhance this top-of-line device for the home entertainment enthusiast.
Advanced Home Theater Receivers and Speakers
Joining SAMSUNG’s new flat panels and high-definition Blu-ray Disc Recorder is the company’s new line of innovative home theater systems.
The HT-AS700 slim digital A/V receiver is capable of upgrading 5.1-channel sound into a 6.1-channel listening experience with Dolby Digital and Dolby Pro Logic II. The receiver also performs DTS-ES decoding and delivers 90W into each of six channels. Multi-channel analog audio input supports DVD-Audio or SACD connections. Binding posts for front speaker outputs and dual subwoofer outputs support easy installation.
The HT-AS2000 deluxe receiver is designed not only for people who appreciate powerful home theater sound but for serious music listeners as well. The product features 6.1 channels of Dolby Digital, Dolby Pro Logic II and DTS-ES, and is rated to deliver 130W into each of its six channels with powerful and quality sound. Eight audio inputs and four audio outputs ? with multi-room, RS-232C and optional 12V trigger support ? allow the music lover to wire an entire home.
About SAMSUNG Electronics
SAMSUNG Electronics Co., Ltd. is a global leader in semiconductors, telecommunications, and digital convergence technology. The company employs approximately 75,000 people in 89 offices in 47 countries, and posted record US$49.6 billion in sales and US$ 5.9 billion in net income in 2002. SAMSUNG Electronics is the world’s leading manufacturer of advanced semiconductors, TFT-LCDs, CDMA mobile phones, monitors and VCRs. SAMSUNG Electronics consists of four main business units: Device Solution Network, Digital Media Network, Telecommunication Network and Digital Appliance Network Businesses.
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Corporate News : SAMSUNG Introduces World’s First 7 Megapixel Camera Phone
Hannover, Germany – 10 th March - Samsung Electronics unveils the world's first mobile phone (model: SCH-V770) equipped with a 7 megapixel camera at CeBIT 2005. Just six months after the introduction of its world's first 5 megapixel camera phone, Samsung has reached another milestone in camera phones.
The V770 offers the same level of picture-taking sophistication that a 7 megapixel digital camera does. The camera functions have been upgraded to include a 3x optical zoom and 5x digital zoom with a 1/1.8” CCD. It also supports auto focus and a flash unit that performs optimally for 7 megapixel photographs.
The V770 is designed to enable attachable wide-angle and tele-conversion lenses, the first ever on a mobile phone. The lens can boost the power of the onboard optical zoom to 4.7 times. Moreover, the V770 comes with manual functions of a digital camera never seen on a mobile phone before. The user can manually adjust focus, focal length (7.8-23.4mm), shutter speed (from 15 seconds to 1/2000 th of a second) and AEL(Auto exposure lock). It also enables manual control of exposure using Aperture Priority, Shutter Priority, and fully manual options
The V770 comes with multimedia features such as audio quality that befits its superior camera performance. The company has built in its “Digital Power Amp” function, with higher audio signal amplification and greater audio output, to deliver outstanding sound quality.
The TFD-LCD(Thin Film Diode-Liquid Crystal Display) on the V770 boasts QVGA resolution, the highest possible for a display of its size. It can reproduce 16 million colors, virtually any color found in nature, earning it the “True Color” appellation. Moving pictures can be recorded in QVGA resolution at 15-30 frames per second. Other standard features include video on demand (VOD), music on demand (MOD). It also offers 32MB (MMCmicro) in addition to its internal memory. The mobile phone supports a TV-out function where users can connect their phones to view still or motion pictures.
The V770 comes with a design reminiscent of a real digital camera. The front is designed as a bar-type mobile phone, while the back side is used as the digital camera.
Other advanced functions in the V770 include an MP3 player, business card reader, and 64 polyphonic sound.
According to President & CEO Kitae Lee of the Samsung Electronics, “Our development of a 7 megapixel camera phone will set a new standard in phone industry. I would like to see our technological advances contribute to the growth of the convergence in mobile phone industry and create a more convenient way of life.”
President Lee adds, “It's very important to lead the trends continuously introducing innovative new products and we will continue to commit ourselves in developing distinctive products for our consumers.”
SPECIFICATIONS
Dimension
127 x 52 x 27.3 mm
Weight
180g
Band
cdma2000 1x EV-DO (800 MHz)
Display
2.0-inch 16Million-Color QVGA TFD LCD (240x320)
Camera
7 megapixel CCD Camera with Flash
Ringtones
64 Polyphonic Sound
Design
Sophisticated bar type phone
External Memory
32MB (MMCmicro)
Functionality
- MP3/ TV-OUT
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Business Card Reader
* Specifications are subject to change without notice
About Samsung Electronics
Samsung Electronics Co. Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2003 parent company sales of US$36.4 billion and net income of US$5.0 billion. Employing approximately 88,000 people in 89 offices in 46 countries, the company consists of five main business units: Digital Appliance Business, Digital Media Business, LCD Business, Semiconductor Business and Telecommunication Network Business. Recognized as one of the fastest growing global brands, Samsung Electronics is the world's largest producer of color monitors, color TVs, memory chips and TFT-LCDs. For more information, visit www.samsung.com .
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Corporate News : Donation
On July 15, 2005, the BOD of Samsung Electronics authorized a donation worth KRW 25 billion to the Samsung Lee Kun Hee Scholarship Foundation (a related party).
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Corporate News : Purchase of Property & Casualty Insurance Policy
1. Insurance company: Samsung Fire & Marine Insurance Co., Ltd.
2. Insurance name: Property and casualty insurance (Package insurance)
※ The insurance policy is a package insurance to cover damage or loss that Samsung Electronics may suffer from fire or other accidents at Kumi factory
3. Total premium: KRW 10,210,000,000
4. Coverage limit: KRW 1.5 trillion
5. Insurance period: November 1, 2003 — November 1, 2004
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Corporate News : SAMSUNG Asserts Mobile Industry Leadership with Six Compelling Solutions in Memory, System Logic and Display
Taipei, Taiwan – March 22, 2005 : Samsung Electronics Co., Ltd., the leader in advanced semiconductor technology, today demonstrated the world's first 1Gigabit (Gb) mobile DRAM, and unveiled five other leading edge mobile technologies that underscore its leadership in driving innovation and efficiency within the mobile industry. The advancements announced included a System-in-Package (SiP) with a 300MHz mobile CPU, a 1Gigabit (Gb) NAND flash memory, a 256Megabit (Mb) mobile DRAM, a 260K color display driver IC (DDI) for active matrix OLEDs (organic light emitting diodes), a qVGA resolution one-chip DDI and a 2.5-inch qVGA TFT LCD for MP3 players. Samsung offers the widest range and some of the most advanced mobile technologies in the world.
The new technologies were previewed to nearly 700 industry executives at the 2 nd Samsung Mobile Solution Forum, held here in the Westin Taipei Hotel.
ADVANCED SYSTEM-IN-PACKAGE
Conference attendees were shown Samsung's new SiP – the first package containing a 300MHz mobile CPU, a 1Gb NAND Flash memory and a 256Mb mobile DRAM. The high density, high-performance logic-CPU design will accommodate the increasingly large data processing and storage needs of portable game consoles, handsets, camcorders and personal data assistants (PDAs).
By combining memory and system LSI technology, Samsung is coupling proven components within advanced package technology to improve mobile system integration, reduce power consumption and minimize size limitations. SiPs also reduce interference between devices, adding significantly to system reliability.
HIGH DENSITY MOBILE DRAM
Samsung displayed another major innovation at its Mobile Forum, a 1Gb mobile DRAM, the first one-gigabit memory device to be publicly exhibited.
The new 1Gb mobile DRAM will support higher data processing requirements in graphics-enhanced digital camcorders, while accommodating five megapixel and higher resolutions in digital still cameras.
The newly developed SDRAM operates at 664 megabytes per second and has been optimized to function at 1.8 volts in maximizing battery life through the use of Samsung proprietary partial array self refresh (PASR) and temperature compensated self refresh (TCSR) technologies.
DISPLAY DRIVER ICs
Samsung's 260K color display driver IC (DDI) for AM OLEDs utilizes 0.25um process technology to reduce the size of the device to approximately 40 percent of leading competitive models. The DDI for AM OLED features a quarter common interchange format (qCIF, 176xRGBx240 pixel) along with a 1.8 volt power level.
With its new AM OLED application, Samsung now has developed the widest range of DDI technology from STN-, TFT-LCD and AM OLED.
Also at the conference, Samsung announced a high resolution quad video graphics array (qVGA, 240xRGBx320 pixel). The qVGA DDI device features a built-in timing controller IC, a source driver, a gate driver, 1.3Mb SRAM and a power supply circuit. This five-in-one-chip solution was designed using 0.18um process technology and utilizes micro-pad pitching technology.
TFT LCD FOR MP3s
In its final public unveiling at the Mobile Forum, Samsung previewed a TFT LCD for MP3 players. The new 2.5-inch panel is 2.5-inches features crisp QVGA display resolution. Samsung proprietary Vertical Alignment (VA) technology enables wide viewing angles for optimal viewing of music videos and other visual displays that accompany MP3 music files.
About Samsung Electronics
Samsung Electronics Co. Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 200 4 parent company sales of US$ 55.2 billion and net income of US$ 10.3 billion. Employing approximately 123 ,000 people in 93 offices in 4 8 countries, the company consists of five main business units: Digital Appliance Business, Digital Media Business, LCD Business, Semiconductor Business and Telecommunication Network Business. Recognized as one of the fastest growing global brands, Samsung Electronics is the world's largest producer of color monitors, color TVs, memory chips and TFT-LCDs. For more information, please visit www.samsung.com .
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Corporate News : Investment in LCD Production Line
□ Details
- The investment is expected to total KRW452.7 billion, 50.9% of the paid-in-capital.
- The LCD production line is located in Cheonan Chungnam, Korea
□ Purpose
With the demand for premium LCD panels growing, the investment aims to raise production capacity and profitability, to cut costs and to extend competitive advantages in the market.
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Corporate News : Financial Transaction Upper Limit involving Related Parties
On July 15, 2005, the BOD of Samsung Electronics authorized an upper limit on annual transactions of a total KRW 10 trillion with its two financial service companies: Samsung Securities and Samsung Investment Trust Management (KRW 5 trillion for each).
Details
- Transaction target: Beneficiary Certificate
- Fund name: Bond Trust
- Transaction Purpose: Stable asset management and improvement in profitability
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Corporate News : Purchase of a Beneficiary Certificate
Samsung Electronics has purchased a beneficiary certificate worth KRW 100 billion from Samsung Securities on March 31, 2005.
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