- Business
- Samsung Electronics Co., Ltd. manufactures and markets a diverse range of consumer electronics, IT and mobile communications devices, and semiconductors worldwide; core products include smartphones under the Galaxy S, A, Z Fold, and Z Flip series, tablets such as Galaxy Tab S and A models, televisions encompassing Neo QLED 8K, OLED, QLED, and The Frame lifestyle TVs with Samsung Vision AI features, home appliances like Bespoke refrigerators, washing machines, air conditioners, vacuum cleaners, cooking appliances, and dishwashers now supporting One UI software, displays including monitors, LED signages, and AMOLED panels, memory chips such as DRAM, NAND flash, and solid-state drives, processors, image sensors, lithium-ion batteries, and networking equipment; additional offerings comprise wearables like Galaxy watches, audio products via Harman brands including JBL and AKG, laptops under Galaxy Book series, and healthcare integration platforms. The company, founded in 1969 and headquartered in Suwon, South Korea, operates assembly plants and sales networks in 76 countries across the Americas, Europe, Asia, and Africa, serving consumer, enterprise, and industrial markets with segments in Device eXperience (DX), Device Solutions (DS), Sustainable Device and Connected (SDC), and Harman. Recent developments include the €1.5 billion acquisition of German HVAC provider FläktGroup in 2025 to bolster data center cooling solutions, the acquisition of healthcare platform Xealth to advance connected care ecosystems, expansion of Galaxy AI across all mobile devices including budget models and wearables targeting over 400 million units, launch of Samsung Vision AI on Neo QLED, OLED, and QLED TVs at CES 2025, extension of One UI to home appliances for unified experiences with up to seven years of updates, formation of a dedicated M&A team signaling a return to major deals, and becoming the largest shareholder in Rainbow Robotics.