Home arrow News arrow Samsung's Next Act

Login Form






Lost Password?
No account yet? Register
Samsung's Next Act Print E-mail
Written by Rick Waldrip   
Monday, 26 July 2004

"Inside the world's most profitable tech company."

  
  Forbes Magazine, July 26, 2004

...A decade ago Samsung was a lethargic maker of me-too memory chips. Now it's a leader in electronic gadgets, one whose $2.7 billion net income in the first quarter, on revenue of $12 billion, made it the most profitable tech company, ahead of Microsoft, IBM and Intel. Samsung's sales could reach $80 billion in 2009, says Jong-Yong Yun, 60, chief executive. "We're like a snowball that rolled down a big hill," says Kitae Lee, chief of Samsung's cell business, which provides a third of Samsung's sales..

Click here to visit the Forbes.com website and read the entire news article.