Financial Analysis of Samsung Essay Example

Financial Analysis of Samsung Paper Through financial analysis of Samsung, we can see that it is now in a strong financial position. As the data shows, Samsung has high amount of total assets and net sales Although its debt isnt in a very low level, its net income still keeps growing, reaching 10th. 8 billion dollars in 2009. Organizations in such a strong financial position can be more responsive to new opportunities and new threats. 3. 1. 1. 2 Technological resource Innovation is crucial to Samsung business. As new technologies are being constantly introduced to the speed is essential for remaining competitive in todays digital era. In case of that, Samsung RD centers are set up all over the world. The RD network spans six Samsung centers in Korea and 18 more in nine other countries, including the United States, the united Kingdom, Russia, Israel, India, Japan and China, as well as other research centers and universities. These centers are tasked with hiring top- notch local talent, investigating the latest local technology trends, and bringing to life those technologies that make the greatest benefits. 3. 1. 1. 3 Physical resource The component businesses of Samsung Electronics come together as Device Solutions. As a leading company in the global electronics industry, Samsung Electronics has one of the widest product ranges of key component businesses Memory, System LSI and LED, which compose essential parts of the companys well-balanced business portfolio. Samsung System LSI Business designs and manufactures a variety of large scale integrated circuit (LSI) products and System-on-Chip (SoC) solutions, as well as offering foundry services. In the SoC area, Samsung is a leader in the creation of application processor (AP) for mobile devices such as smartness and tablets. The We will write a custom essay sample on Financial Analysis of Samsung specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Financial Analysis of Samsung specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Financial Analysis of Samsung specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Foundry Business Team offers differentiated custom fabrication services utilizing advanced process technology, as well as a broad range of IP, UDF, and design services. Samsung leading LSI products include COSMOS image sensors (CICS), display driver ICC (DID), smart card ICC, microelectronic units (MAC) and near field communication (MFC) ICC. 3. 1. 2 Intangible resources 3. 1 . 2. 1 Human resource One of Samsung strongest assets is the team of talented researchers and engineers. More than a quarter of all Samsung employees-?42,OHO people-?work everyday in research and development. When employing people, Samsung puts his focus on employments of responsibility as it is the core value outlook of SEC. Samsung select people who have good morals and be innovated. Anyway, employees need to be fit with Samsung culture. Samsung not only puts his focus on the process of selecting employees, but also the process of training and educating employees. As statistics shows, Samsung costs about 63,000,000 dollars every year on the training of employees. In order to attract people with abilities and retain them, Samsung even programs an all-around incentive system and a scientific performance appraisal system. Those experts who have excellent performance even gain higher annual salary than top executives and managers. 3. 1. 2. 2 Reputation resource Samsung reputation is based on its corporate cultures we all know, its vision is to lead the digital convergence revolution growing to be the best and its mission is to become a best Digital-Company. Here, Means most efficient productive management. Furthermore, Samsung service conception is to keep strong contact with customers and make their best efforts to satisfy with customers. All these operating philosophies gain a lot of reputation for SEC. 3. 2. 3 Innovation resource To put the principles of Open Innovation into operation, Samsung adopts a multi-pronged approach that involves participation in global consortia, forging links between the industry and top universities, cooperation with vendors, and operation of successful overseas research centers. Samsung is committed to producing best-in-class research in the materials and technologies o f tomorrow. To foster a culture of ongoing results-oriented innovation, the organization provides attractive remuneration for research activities. 3. 1. 2. 3. 1 Participation in Global Consortium Samsung actively participate in multiple industry consortia at regular intervals. By synthesizing divergent viewpoints from multiple participants, consortia help achieve consensus on important issues, such as drawing up standards and guidelines, identifying potential technologies, and fostering a beneficial business ecosystem. Samsung is a key player in the agenda of 13 international consortia, such as SCHEMATA and MICE. By leveraging the advantages of participating in global consortia, Samsung is well poised to prepare cutting-edge technologies and next-generation infrastructure. . 1. 2. 3. Cooperation Between Industry and Academia Samsung has a long-term vision of developing a robust en;fork of next- generation technologies, infrastructure, and personnel. To achieve this, we create strategic alliances between the industry and top universities at home and abroad. We strengthen the industry-academia cooperation by promoting various activities, such as independent research in universi ties and sponsored training for students and employees in local and overseas universities. 3. 1. 2. 3. Synergy with Equipment and Materials Vendors Samsung cooperates with its equipment and materials vendors at home and broad. This cooperation makes it possible for us to better shape and control the manufacturing and quality processes of vendors, which leads to ultimately increasing the competitiveness of our products. 3. 1. 2. 3. 4 Operation of Overseas Research Centers Samsung has set up multiple research centers in various countries. These overseas R hubs perform valuable research in emerging materials and technologies in the spheres of hardware, software, and packaging. The centers also help Samsung establish a credible market and maidenhair presence in their respective countries. With the help of the overseas centers and their research excellence, Samsung is able to increase the volume of R operations, concentrate researching application-specific technologies, and finally, put the results of the overseas research projects to practical use. 3. 2 Capabilities 3. 2. Financial Samsung Electronics, the market value beyond Intel , reaching $ 110. 2 billion , compared with Intels $ 860 million higher than the market value , as the worlds largest semiconductor manufacturer revenue . Samsung Electronics , according to statistics released on the October 4th 2013 , in the third quarter ( July to September ) sales of 59 trillion won ( about 337 billion Yuan ) , operating profit amounted to 10. 1 trillion won ( about ARM 575 billion) , this value was even higher than the record 5. 98 percent in the second quarter. Thus , the profits of Samsung Electronics has been single-season record highs for two consecutive quarters. 3. 2. 2 Marketing Samsung has nearly 20 kinds of products in the global market share to get the first, ranking first in global enterprises. U. S. Market research firm Strategy Analytics recently released report, the second quarter of the global smart hone shipments grew 47% , reaching a record 229. 4 million , of which 76 million sales of Samsung Electronics , the market share expanded to 33. 1 % and Apples share was 13. 6%, phone sales in the second quarter of 31. 2 million . The data also show that the first half of this year, Samsung Electronics turnover of 1 10. 33 trillion won (U. S. $ 99. 3 billion ) , an increase of 19% ; operating profit of 18. 31 trillion won (U. S. $ 16. 5 billion ) , an increase of 51%. Samsung Electronics stakeholders also said that with the second half of the season will go into IT products , Samsung Electronics will continue to increase n the second half performance , parts department based on the competitiveness of high value-added products and specialty products , is also expected to bring more profits for the company . 3. 3 Core Competencies 3. 3. 1 Innovation Speaking of Samsung resplendence, almost every manager or ordinary employee will refer to the well-known remarks by Junk-He Lee, the chairman of Samsung Group, Except wife and children, all the things have to change. In 1 993, Junk;He Lee conducted the New Management program. Through continuous indoctrination of the consciousness of crisis and the concept hat only those who change can possibly survive, Samsung core business begun to change from mass imitation production to independent brand development based on digital technology. During its course to become a world-class company, Samsung has never stopp ed innovation and transformation. In 2001 in order to cope with the fast-changing information age, the program of Digital Management was carried out. In 2002, Samsung implemented the Wow Product System in order to maintain its leading position through the development Profit Operations Inbound Logistics Outbound Logistics Marketing and Sales Service Samsung type industrial ark use high-end technologies offer unique and thoughtful service work in marketing guiding principle Multinational company system all over the world set up strong marketing team and extensive marketing relationships massive and high quality skill training strong capability chances for personal development Administration HARM Technology Development Procurement of a series of high-tech. Innovation now has become part of Samsung spirit and culture and has become the driving force of Samsung firm and continuous transformation. 3. 3. 2 Triangle Management Structure Samsung Group creates a triangle management structure in the New Management program aiming at the integration of knowledge capital. In such a structure, CEO Junk-he Lee is at the vertex of a triangle. Another point is the structural adjustment department itself. The third triangle point is the Chief Executive Group. CEO at the vertex is in charge of guiding management direction and deploying strategic target, leading his workers struggling to create products. Structural adjustment department not only assists President to carry out the strategic decisions but also acts as the role of monitor in charge of regulating a few branches of the operation. Chief Executive Group is responsible for carrying out specific strategic plan regarding to how to develop the actual business activities. Triangle Management Structure increases Samsung market competitiveness, considered as Samsung management work milestone. Because of this structure,management responsibility is strengthened and management efficiency also improved. 3. 33 Human Resource program In order to be better in the 21st century, Samsung strengthens human resources management system, building up South Koreans biggest talent bribery to promote the operations sustainable development. Additionally, Samsung pursues the principle of people first, always believing that enterprise success lies in the quality of employees. Samsung divide technology into four terms: basic technology, advanced technology, core technology and future technology.

Definition and Examples of Free Relative Clauses

Definition and Examples of Free Relative Clauses In English grammar, a free relative clause is a type of relative clause (that is, a word group beginning with a wh-word) that contains the antecedent within itself. Also called a nominal relative clause, a  fused relative construction, an independent relative clause,  or (in traditional grammar) a noun clause. A free relative can refer to people or things, and it can function as a subject, a complement, or an object.Examples and Observations Nobody knows it, because nobody knows what really happened.(Donald E. Westlake, The Hook. Mysterious Press, 2000)We want to make sure that what were doing is really what we ought to be doing.(General Abrams in Vietnam Chronicles: The Abrams Tapes, 1968-1972, ed. by Lewis Sorley. Texas Tech University Press, 2004)You can say what you please. I burnt my English books and I didnt get a degree. All Im saying now, if Im allowed, is that Willie should get a degree.   (V.S. Naipaul, Half a Life. Alfred A. Knopf, 2001)A man wearing the uniform of the Military Police had stepped into the unit and was just turning toward where she was standing.  (Michael Palmer, The Fifth Vial. St. Martins Press, 2007)Look, Cynthiayou have a perfect right to disapprove. You go ahead and think whatever you want. Even if you want to be angry, then you be angry.   (Philip Roth, Letting Go. Random House, 1962)The way I hear it you can really put it away.Whoever told you that is a liar. Bledsoe straightened a way from the rail, started toward the barn.  (Michael Joens, Blood Reins. Thomas Dunne Books, 2005) Antecedents in Free Relative Clauses The relative word in the nominal relative clause has no antecedent since the antecedent is fused with the relative: I found what (that which; the thing that) you were looking for; He says whatever (anything that) he likes. Because they are free of antecedents, such clauses are sometimes called independent or free relative clauses.  (Tom McArthur, Concise Oxford Companion to the English Language. Oxford University Press, 2005) A Headless Relative A relative clause which apparently lacks a head is called a free relative clause, also sometimes called a headless relative (though some argue that the head is present syntactically but phonologically empty, and hence that this is a misleading term).  (R.E. Asher and ‎J.M.Y. Simpson, The Encyclopedia of Language and Linguistics. Pergamon Press, 1994) Characteristics of Free Relative Clauses [The] free relative clauses . . . [are] italicised in: (117a) What you say is true(117b) I will go where you go(117c) I dont like how he behaved toward her They are characterised by the fact that the wh-pronoun what/where/how appears to be antecedentless, in that it doesnt refer back to any other constituent in the sentence. Moreover, the set of relative pronouns found in free relative clauses is slightly different from that found in restrictives or appositives: e.g. what and how can serve as free relative pronouns, but not as appositive or restrictive pronouns; and conversely, which can serve as a restrictive or appositive relative pronoun but not as a free relative pronoun.  (Andrew Radford, Analysing English Sentences: A Minimalist Approach. Cambridge University Press, 2009) Two Types of Free Relative Clauses: Definite and Indefinite The first type of free relative clause, the definite free relative clause, is introduced by a wh- word such as what, where, or when, as shown in (64). (64) Mark eats what he orders. . . . [V]erbs that are followed by definite free relatives beginning with what must be capable of being followed by nonhuman NPs. What Jim chose in (65a), a free relative, passes this test, as shown by (65b). (65a) Sally ordered what Jim chose.(65b) Sally ordered a hamburger/coffee/a piece of pie. Another test for definite free relatives is substituting that (thing) which for what, as shown in (66). (66) Sally ordered that (thing) which Jim chose. . . . The second type of free relative clause is an indefinite free relative clause, also called a conditional free relative clause because the words that introduce the clause (who(m)ever, whatever, whichever, whenever, and however) can be paraphrased with if, as show by (68a) and (68b), or regardless of, as shown by (68c) and (68d). (68a) Joan dances with whoever asks her to dance.(68b) If someone asks Joan to dance with him, she dances with him.(68c) Fred eats whatever Alice offers him.(68d) Regardless of whatever Alice offers Fred, he eats it. (Ron Cowan, The Teachers Grammar of English: A Course Book and Reference Guide. Cambridge University Press, 2008)