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Written by Rick Waldrip
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Monday, 26 July 2004 |
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"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.
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