Samsung Electronics Co. Ltd. (005930) is known for its Smartphones, Tablets, TV, camera and various other gadgets but still there are some facts about Samsung that the world is unaware about. It has the most entertaining history and facts that are not just astonishing but also inspiring as now it is one of the most well known brand globally. Samsung facts and figures, 2013 revealed a story which narrates the tale of how Samsung became a top-notch company.
Samsung’s Chairman Lee Kun Hee ‘New Management Philosophy’
In 1993, Samsung’s Chairman Lee Kun Hee changed the life of Samsung and its employees by bringing a ‘new management philosophy’ to work on the core and quality of the product. Lee Kun Hee took a brave step to make his 2,000 workers understand the real meaning of quality by assembling 150,000 phones and fax machines and destructing them in front of his employees. Since then to ensure the highest quality 90% of Samsung products are produced within Samsung’s own factories.
Samsung Facts And Figures, 2013
Samsung the word itself has a saga behind it as it means three-stars in Korean which was suggested by its founder Lee Byung-Chull. This Korean had a dream to make Samsung powerful and everlasting like stars in the sky, he very well succeeded in it. In the year 2012 Samsung has earned $188 billion revenue, its design centers won 44 IF and 7 IDEA awards which made it 9th most valuable brand on Interbrand Top Global Brands list.
Samsung’s More Sustainable Future
Samsung is not only making its mark in technology but also has red feather in its cap as from the year 2013 all its products are set to receive global standard environmental certifications. It is investing $4.8 billion between the years 2009 to 2013 to reduce 85 million tons of Greenhouse gases.
Samsung is expecting $400 billion revenue in the year 2020 as it is making a lot of improvement in its technology and quality. Here’s the infographic showing Samsung Facts and Figures, 2013: