- Business
- Samsung Electronics Co., Ltd. manufactures and sells a broad range of consumer electronics, IT and mobile communications devices, and semiconductors worldwide. The company offers smartphones under the Galaxy S, A, Fold, and Flip series; tablets including Galaxy Tab A and S models; televisions and displays such as hospitality TVs, stadium screens, computer monitors, and OLED panels; home appliances comprising refrigerators, washing machines, air conditioners, microwave ovens, vacuum cleaners, and robot vacuums; semiconductors including memory chips like DRAM, NAND flash, and solid-state drives; lithium-ion batteries; laptops such as Galaxy Book series; and related services like Samsung Pay and TV Plus. Founded in 1969 and headquartered in Yeongtong District, Suwon, South Korea, Samsung Electronics operates assembly plants and sales networks in 76 countries across the Americas, Europe, Asia, and Africa, serving consumer, enterprise, and industrial markets; it trades on the London Stock Exchange under the ticker SMSD.L. Recent developments include a 2025 agreement to acquire FläktGroup for 1.5 billion euros to bolster HVAC capabilities for data centers amid AI demand; a 310 billion dollar five-year investment plan focused on semiconductor expansion with a new Pyeongtaek Plant 5 memory-chip facility slated for 2028 operations; and enhanced B2B strategies in Southeast Asia targeting education, hospitality, and public sectors.