Business Report

1H11 Business Report
I. Corporate Overview
□ Affiliates
As of end-1H 2011, Samsung Group had a total of 82 domestic affiliates. Compared to end-2010,
15 new affiliates (EXE Technologies Korea, EXE C&T, S1 CRM, S-EnPol, Samsung Medison,
Medison Xray, Medison Healthcare, Sono Solution, CSL, Prosonic, Samsung Biologics, SMP,
STM, Miracom Inc. and Samsung Life Service) were added, and one (Samsung Gwangju
Electronics) was excluded. Among Samsung Group’s 82 affiliates, 19 including Samsung
Electronics are listed, and 63 are unlisted.
No. of affiliates
Listed
19
Unlisted
63
Total
82
(As of June 30, 2011)
Name of affiliates
Samsung C&T, Cheil Industries, Samsung Electronics,
Samsung SDI, Samsung Techwin, Samsung Life Insurance,
SEMCO, Samsung Heavy Industries, Samsung Card, Hotel
Shilla, Samsung Fire & Marine Insurance, Samsung
Securities, S1, Samsung Fine Chemicals, Samsung
Engineering, iMarket Korea, Cheil Worldwide, Credu,
Samsung Ace Digitech
Samsung Everland, Samsung Petrochemical, Samsung
SDS, Samsung General Chemicals, Samsung Total
Petrochemicals, Samsung Lions, SERI, STECO, Samsung
Thales, SEMES, Living Plaza, Samsung Corning Precision
Materials, SECRON, Seoul Commtech, Samsung
Electronics Service, Samsung Electronics Logitech, Hantok
Chemicals, Global Tech, CVnet Corporation, Care Camp,
Allat Corp., e Samsung International, SECUI.com,
Wealthia.com, Open Tide Korea, Samsung Futures,
365Homecare, Samsung Venture Investment Corporation,
Samsung Asset Management, Saengbo, Samsung Claim
Adjustment Service, Anycar Service, World Cyber Games,
S-LCD Corporation, SD Flex, SEHF Korea, Gemi Plus
Distribution, Samsung LED, SB LiMotive, Samsung
Mobile Display, Samsung Bluewings, HTSS, Bonavie,
RAY, Songdo Land Mark City, S-Core, GES, Open Hands,
EXE C&T, EXE Technologies Korea, S1 CRM, S-EnPol,
Samsung Medison, Medison Xray, Medison Healthcare,
Sono Solution, CSL, Prosonic, Samsung Biologics, SMP,
STM, Miracom Inc. and Samsung Life Service
☞ Refer to 『1. Affiliates』 in 『III. Corporate Governance and Affiliates』 for more details about
domestic and overseas affiliates.
□ Subsidiaries Subject to Consolidated Financial Statements
As of end-1H 2011, Samsung Electronics’ consolidated subsidiaries totaled 144 with 18
subsidiaries (Samsung Medison and its 15 subsidiaries, Prosonic, and SVIC #20) being newly
included and two (Samsung Gwangju Electronics and SESZ) excluded compared to end-2010.
Following is the list of consolidated subsidiaries.
(Million won)
Subsidiaries
Samsung Electronics America
Samsung Receivables
Corporation
Samsung Semiconductor Inc.
Samsung Electronics Canada
Samsung Information Systems
America
Samsung International Inc.
Established
in
Major business
End-2010
asset
Stake
6,256,074
Over 50%
Classified
as major
subsidiary
O
964,793
Over 50%
O
5,141,864
289,651
Over 50%
Over 50%
O
O
1978.07
Sale of electronic goods
1998.03
Bond management
1983.07
1980.07
Sale of electronic goods
Sale of electronic goods
1988.10
R&D
64,061
Over 50%
O
1983.10
CTV production
Production of electronic
goods
Sale of handsets and
WiMAX
Production of
semiconductors
Production and sale of
electronic goods
70,369
Over 50%
O
1,162,305
Over 50%
O
1,612,442
Over 50%
O
4,654,471
Over 50%
O
998,084
Over 50%
O
463
Over 50%
X
Samsung Mexicana S.A. de C.V
1988.03
Samsung Telecommunications
America
1992.01
Samsung Austin Semiconductor
1996.02
Samsung Electronics Mexico
1995.07
SEMES America
1998.10
Semiconductor equipment
Samsung Electronics
Latinoamerica Miami
1995.05
Sale of IT and telecom
products
89,982
Over 50%
O
Samsung Electronics
Latinoamerica (Zona Libre)
1989.04
Sale of electronic goods
167,622
Over 50%
O
Samsung Electronics Venezuela
2010.05
Sale of electronic goods
and marketing
8,103
Over 50%
X
Samsung Electronica Columbia
1997.03
Sale of electronic goods
180,532
Over 50%
O
Samsung Electronica da
Amazonia
1994.10
Production and sale of
electronic goods
2,209,641
Over 50%
O
Samsung Electronics Argentina
Samsung Electronics Chile
Samsung Electronics Peru
Samsung Electronics (UK)
1996.06
2002.12
2010.04
1995.07
Marketing and services
Sale of electronic goods
Sale of electronic goods
Sale of electronic goods
28,950
213,467
119,769
1,061,598
Over 50%
Over 50%
Over 50%
Over 50%
X
O
O
O
Samsung Electronics(London)
Co. Ltd
1999.01
8,249
Over 50%
X
Samsung Telecoms(UK)
1998.01
27,609
Over 50%
X
Samsung Electronics Holding
Samsung Semiconductor Europe
GmbH
Samsung Electronics GmbH
Samsung opto-electronics gmbh
Samsung Electronics Iberia,
S.A.U
1982.02
704,367
Over 50%
O
1,666,748
Over 50%
O
744,183
11,557
Over 50%
Over 50%
O
X
711,986
Over 50%
O
1984.12
2002.02
Holding company
(Liquidation underway)
Sale of electronic goods
(Liquidation underway)
Holding company
Sale of semiconductors
and LCD
Sale of electronic goods
Sale of electronic goods
1989.01
Sale of electronic goods
1987.12
Samsung Electronics France
1988.01
Sale of electronic goods
and marketing
1,126,086
Over 50%
O
Samsung Electronics Hungarian
1989.10
Production and sale of
electronic goods
1,509,971
Over 50%
O
2010.01
Sale of electronic goods
99,254
Over 50%
O
1991.04
Sale of electronic goods
879,776
Over 50%
O
1991.05
Logistics
1,045,826
Over 50%
O
1995.07
Sale of electronic goods
730,016
Over 50%
O
2007.03
TFT-LCD processing
351,417
Over 50%
O
2007.09
2005.08
2006.02
2007.02
1997.01
1996.04
1982.09
Marketing
R&D
R&D
R&D
Sale of electronic goods
Sale of electronic goods
Sale of electronic goods
74,975
21,792
507
541
203,888
381,350
154,398
Over 50%
Over 50%
Over 50%
Over 50%
Over 50%
Over 50%
Over 50%
O
X
X
X
O
O
O
1992.03
Sale of electronic goods
325,310
Over 50%
O
1997.04
Sale of semiconductor and
LCD
159,319
Over 50%
O
2002.01
Sale of electronic goods
236,413
Over 50%
O
Samsung Electronics Slovakia
2002.06
Production of CTV and
monitors
1,428,847
Over 50%
O
Samsung Electronics Europe
Holding Cooperatief U.A
2008.10
Holding company
589,734
Over 50%
O
Samsung Electronics Poland
Manufacturing
2010.02
Production of electronic
goods
202,586
Over 50%
O
2010.04
2010.03
1995.05
Sale of electronic goods
Holding company
Sale of electronic goods
41,078
21,875
196,587
Over 50%
Over 50%
Over 50%
X
X
O
1994.06
Sale of electronic goods
437,583
Over 50%
O
Samsung Electronics Turkey
1984.12
Sale of electronic goods
and marketing
340,442
Over 50%
O
Samsung Semiconductor Israel
R&D Center
2007.10
R&D
8,871
Over 50%
X
Samsung Electronics Levant
2009.07
Marketing
3,092
Over 50%
X
Samsung Electronics Morocco
SARLAU
2009.11
Sale of electronic goods
108,382
Over 50%
O
1999.03
Marketing
13,256
Over 50%
X
2006.10
Sale of electronic goods
1,534,029
Over 50%
O
2004.01
2001.10
Marketing
Sale of electronic goods
892
53,987
Over 50%
Over 50%
X
O
2008.09
Sale of electronic goods
227,660
Over 50%
O
2006.07
Marketing
886
Over 50%
X
2008.09
Sale of electronic goods
82,657
Over 50%
O
Samsung Electronics Czech and
Slovak
Samsung Electronics Italia
Samsung Electronics Europe
Logistics
Samsung Electronics Benelux
Samsung Electronics LCD
Slovakia
Samsung Electronics Romania
Liquavista B.V
Liquavista (UK) Limited
Liquavista (HK) Limited
Samsung Electronics Overseas
Samsung Electronics Poland
Samsung Electronica Portuguesa
Samsung Electronics Nordic
Aktiebolag
Samsung Semiconductor Europe
LTD
Samsung Electronics Austria
GmbH
Samsung Electronics Greece
Samsung Electronics West Africa
Samsung Gulf Electronics
Samsung Electronics South
Africa
Samsung Electronics Russia
Samsung Electronics Rus
Company
Samsung Electronics Ukraine
Samsung Electronics Baltics
Samsung Electronics Ukraine
Company
Samsung Electronics Kazakhstan
Samsung Electronics KZ and
Central Asia
Samsung Electronics Rus Kaluga
Samsung Russia Service
Company
Samsung Japan Corporation
Samsung Yokohama Research
Institute
Samsung Telecommunications
Japan
2007.07
Production of CTV
868,331
Over 50%
O
1997.11
Services
29,864
Over 50%
X
1975.12
Sale of electronic goods
2,513,190
Over 50%
O
1992.08
R&D
198,700
Over 50%
O
2008.09
Sale of telecom systems
and services
363,720
Over 50%
O
814,898
Over 50%
O
243,085
Over 50%
O
121,072
936,784
Over 50%
Over 50%
O
O
Samsung Electronics Display (M)
Sdn Bhd
1995.03
Samsugn Electronics Malaysia
1989.09
Samsung Vina Electronics
Samsung Asia Pte Ltd
1995.01
1990.12
Samsung India Electronics
1995.08
Production and sale of
electronic goods
959,651
Over 50%
O
2005.05
R&D
89,947
Over 50%
O
1987.11
Sale of electronic goods
479,580
Over 50%
O
Samsung Electronics Indonesia
1991.08
Production and sale of
electronic goods
482,932
Over 50%
O
Samsung Telecommunications
Indonesia
2003.03
Sale of telecom systems
and services
21,169
Over 50%
X
Thai Samsung Electronics
1988.10
Production and sale of
electronic goods
923,598
Over 50%
O
Samsung Electronics Philippines
1996.03
Sale of electronic goods
89,527
Over 50%
O
Samsung Electronics Philippines
Manufacturing
2001.03
ODD production
344,031
Over 50%
O
X
Samsung India Software
Operations
Samsung Electronics Australia
Production and sale of
electronic goods
Production of home
appliances
Production of CTV
Sale of electronic goods
Batino Realty Corporation
2001.01
Real estate management
4,925
Hold a
controlling
stake
(39.8%)
Samsung Malaysia Electronics
2003.05
Sale of electronic goods
489,344
Over 50%
O
Samsung Electronics Asia
Holding Pte. Ltd.
2006.07
Holding company
672,761
Over 50%
O
Samsung Electronics
Bangladeshi Research Center
2010.08
R&D
2,699
Over 50%
X
Samsung Electronics Vietnam
2008.03
Production of electronic
goods
649,439
Over 50%
O
Samsung Telecommunications
Malaysia
2009.08
Telecom system services
16,762
Over 50%
X
237,716
947,935
Hold a
controlling
stake
(47.5%)
Over 50%
Over 50%
O
O
605,353
Over 50%
O
261,816
Over 50%
O
2,186,632
Over 50%
O
Dongguan Samsung Mobile
Display
2001.11
TFT-LCD production
257,010
Tianjin Samsung Mobile Display
Samsung Electronics Hong Kong
2004.06
1988.09
Suzhou Samsung Electronics
1995.04
TFT-LCD production
Sale of electronic goods
Production of home
appliances
Production of home
appliances
Sale of electronic goods
Samsung Suzhou Electronics
Export
Samsung (CHINA) Investment
Co.,Ltd.
1995.04
1996.03
O
Samsung Guangzhou Mobile
R&D Center
2010.01
R&D
24,723
Over 50%
X
Samsung Tianjin Mobile
Development Center
2010.08
R&D
5,219
Over 50%
X
Samsung Electronics Suzhou
Semiconductor
1994.12
Semiconductor
processing
618,680
Over 50%
O
Samsung Electronics (Shandong)
Digital Printing
1993.03
Production of printers
577,795
Over 50%
O
Samsung Electronics Huizhou
1992.12
1,597,968
Over 50%
O
Tianjin Samsung Electronics
1993.04
222,351
Over 50%
O
Samsung Electronics Taiwan
Beijing Samsung Telecom R&D
Center
Tianjin Samsung Telecom
Technology
Shanghai Samsung
Semiconductor
Samsung Electronics Suzhou
Computer
Samsung Electronics Suzhou
LCD
Shenzhen Samsung Kejian
Mobile Telecommunication
Technology
Samsung electronics Shanghai
Telecommunication
Samsung Semiconductor (China)
R&D
Samsung Electronics China R&D
Center
Samsung Electronics Hainan
Fiberoptics
Samsung Electronics (Beijing)
Service Company
1994.11
Production of electronic
goods
Production of electronic
goods
Sale of electronic goods
1,873,211
Over 50%
O
2000.09
R&D
19,070
Over 50%
X
2001.03
Handset production
1,171,847
Over 50%
O
1,528,253
Over 50%
O
1,344,189
Over 50%
O
2001.10
2002.09
Sale of semiconductor and
LCD
Production and sale of
note PCs
2002.09
TFT-LCD processing
473,071
Over 50%
O
2002.02
Handset production
270,197
Over 50%
O
2001.11
Sale of telecom and
network products
15,858
Over 50%
X
2003.04
R&D
12,831
Over 50%
X
2004.05
R&D
5,681
Over 50%
X
2004.04
Fiber optic/cable
production
72,556
Over 50%
O
2005.01
Services
61,707
Over 50%
O
Tianjin Samsung OptoElectronics Co.Ltd
1994.02
Production of
camera/camcorder
271,986
Over 50%
O
World Cyber Games
2000.07
Game tournaments
1,385
Over 50%
X
Prosonic
2005.02
Medical sonography
manufacturing
24,925
Over 50%
X
Samsung Mobile Display
2008.09
Manufacturing and sale of
TFT-LCD/AMOLED
4,337,385
Hold a
controlling
stake
(50%)
O
STECO
1995.06
TAB, EDS
91,646
Over 50%
O
SEMES
1993.01
Semiconductor/FPD
manufacturing equipment
414,610
Over 50%
O
SECRON
1993.11
Semiconductor equipment
75,449
Over 50%
O
Samsung Electronics Service
1998.1
Electronics goods repair
services
214,603
Over 50%
O
S-LCD Corporation
2004.04
Manufacturing and sale of
TFT-LCD
Living Plaza
1996.07
Sale of electronic goods
SEHF Korea
2004.12
Samsung Electronics Logitech
1998.04
Samsung Bluewings
2008.12
GES
RAY
2009.02
2004.10
SVIC #6 Venture Capital Union
2005.07
SVIC #7 Venture Capital Union
2005.07
SVIC #14 Venture Capital Union
2009.05
SVIC #20 Venture Capital Union
2011.03
Samsung Medison
1985.07
Medison Healthcare Co.,Ltd
5,829,142
Over 50%
O
382,012
Over 50%
O
138,162
Over 50%
O
190,758
Over 50%
O
4,511
Over 50%
X
11,655
5,514
Over 50%
Over 50%
X
X
99,629
Over 50%
O
12,248
Over 50%
X
86,096
Over 50%
O
-
Over 50%
X
Medical equipment
318,938
Over 50%
O
2009.10
Medical equipment
17,675
Over 50%
X
Medison X-ray Co.,Ltd
2001.09
Medical equipment
3,901
Over 50%
X
Cancer Screening Laboratories
2007.08
Medical equipment
1,935
Over 50%
X
Samsung Medison Brasil Ltda.
1995.12
Medical equipment
28,915
Over 50%
X
Samsung Medison America Inc.
1992.01
Medical equipment
10,740
Over 50%
X
SONOACE Deutschland GmbH
2001.10
Medical equipment
18,909
Over 50%
X
Samsung Medison France S.A.S.
2005.11
Medical equipment
6,255
Over 50%
X
Samsung Medison Italia S.r.l.
2008.10
Medical equipment
5,197
Over 50%
X
Samsung Medison Europe B.V.
2005.11
Medical equipment
3,764
Over 50%
X
Samsung Medison Shanghai
Medical Instrument Co., Ltd.
1992.11
Medical equipment
16,757
Over 50%
X
Medison (shanghai) Co., Ltd.
2003.09
Medical equipment
4,697
Over 50%
X
2005.03
Medical equipment
790
Over 50%
X
1995.01
Medical equipment
5,793
Over 50%
X
2009.01
Medical equipment
3,159
Over 50%
X
1997.10
Medical equipment
-
Over 50%
X
Medison Medical Equipment
Shanghai
Samsung Medison Japan Co.,
Ltd.
Samsung Medison India Private
Ltd.
Medision Medical Systems India
Private Ltd.
Optic cable, camera
module
Total logistic services
Team and game
sponsorship
Semiconductor equipment
Dental CT
Investment in venture
firms and new
technologies
Investment in venture
firms and new
technologies
Investment in venture
firms and new
technologies
Investment in venture
firms and new
technologies
※ Companies whose total assets were KRW50 billion or more as of end-2010 are classified as
“major subsidiaries.”
□ Number of Shares, etc.
1. Total number of shares
( As of June 30, 2011)
(Unit: # of shares)
Classification
I. No. of authorized shares
II. No. of shares issued
III. No. of shares decreased
1. Capital reduction
2. Share cancellation
3. Redemption of redeemable shares
4. Others
IV. No. of shares issued (II-III)
V. Treasury shares
VI. No. of shares outstanding (IV-V)
Type of shares
Common
Preferred
400,000,000 100,000,000
155,609,337
23,893,427
8,310,000
1,060,000
8,310,000
1,060,000
147,299,337
17,151,049
130,148,288
22,833,427
2,979,693
19,853,734
Total
500,000,000
179,502,764
9,370,000
-
Note
Treasury
9,370,000 share
cancellation
170,132,764
20,130,742
150,002,022
-
2. Treasury shares
In 1H 2011, Samsung Electronics distributed 305,211 common shares in relation to the exercise of
stock options of current and former management and employees as well as the merger with
Samsung Gwangju Electronics. 247,215 common treasury shares were distributed in relation to
the exercise of stock options, and 57,996 treasury shares were distributed in return for the merger
with Samsung Gwangju Electronics. As of end-1H 2011, Samsung Electronics held 17,151,049
common treasury shares and 2,979,693 preferred treasury shares.
(As of June 30, 2011)
(# of shares)
Method of acquisition
Acquisition
under the
Financial
Investment
Services
and Capital
Markets
Act
Direct
acquisition
Type of
share
No. of
shares at
periodbeginning
Acquisition Common 17,456,260
on the
exchange Preferred 2,979,693
Common
TOB
Preferred
Exercise of Common
appraisal
right
Preferred
Sub-total Common 17,456,260
(a)
Preferred 2,979,693
Change
No. of
shares at
Acquisition Disposal Cancellation period-end
(+)
(-)
(-)
-
-
-
-
-
-
Common
-
-
Preferred
-
-
Total (a+b+c)
Common 17,456,260
-
Preferred
-
2,979,693
17,151,049
2,979,693
-
Shares held Common
by trustee
Preferred
Acquisition
Shares in Common
under trust
kind
contracts
Preferred
Sub-total Common
(b)
Preferred
Other acquisitions (c)
305,211
305,211
17,151,049
2,979,693
305,211
17,151,049
2,979,693
□ Voting Shares
Samsung Electronics issued 147,299,337 common shares, which is 29.5% of authorized shares.
The company issued 22,833,427 preferred shares. 17,151,049 common treasury shares held by the
company and preferred shares do not have voting rights. 12,506,577 shares have limited voting
rights under relevant laws. Thus, the number of shares with voting rights is 117,641,411.
( As of June 30, 2011)
(# of shares)
Outstanding shares (A)
Shares without voting
rights (B)
Shares with limited
voting rights under
relevant laws (C)
Shares with voting rights
revived (D)
Shares with voting rights
(E=A-B-C+D)
No. of shares
Note
Common 147,299,337 Preferred 22,833,427
Article 369-2 of the Commercial Act
Common 17,151,049
"Treasury Shares"
Article 370 of the Commercial Act
Preferred 22,833,427
"Preferred Shares"
Restricted by the Monopoly Regulation
and Fair Trade Act: 10,622,814 shares
held by Samsung Life Insurance, 1,856,
370 shares held by Samsung Fire &
Common 12,506,577
Marine Insurance / Restricted by the
Insurance Business Act: 27,393 shares
held by special account of Samsung Life
Insurance
Preferred -
-
Common
Preferred
Common
Preferred
-
117,641,711
-
※ Voting rights on agendas excluding appointment and dismissal of board members, revision of the
Articles of Incorporation, and merger/business transfer.
※ Among shares for which voting rights are restricted by relevant laws, some of 12,497,184 shares
(10,622,814 shares held by Samsung Life Insurance’s proprietary account and 1,856,370 shares held
by Samsung Fire & Marine Insurance) whose voting rights are restricted by the Monopoly
Regulation and Fair Trade Act can exercise voting rights in relation to appointment and dismissal of
board members, revision of the Articles of Incorporation, etc.
□ Dividend
- Dividends paid out in the recent three fiscal years
Par value per share (won)
Net profit (million won)
EPS (won)
Total cash dividend (million won)
Total stock dividend (million won)
1H 2011
5,000
4,819,481
32,085
75,001
-
2010
5,000
13,236,461
88,799
1,496,540
-
2009
5,000
6,208,140
42,137
1,185,438
-
Dividend payout ratio (%)
-
11.31
19.09
Common
-
1.07
1.02
Preferred
-
1.57
1.57
Common
Preferred
Common
Preferred
Common
Preferred
500
500
-
10,000
10,050
-
8,000
8,050
-
Cash dividend yield (%)
Stock dividend yield (%)
Cash dividend per share (won)
Stock dividend per share (share)
※Based on individual financial statements
※EPS denotes to basic EPS.
※For information about calculation of basic EPS, refer to notes of 1H 2011 audited financial
statements.
II. Business Operation
□ Summary of Financials by Business Division
Category
Busine
ss
Digital
Media
Classification
Telecom
Semiconduct
or
Components
LCD
2009
Amount
Portion
Amount
Portion
Amount
Portion
Total sales
61,520,146
36.3%
62,504,925
36.0%
133,572,714
36.9%
114,328,769
36.0%
Internal sales
33,920,265
36.5%
34,869,121
34.5%
75,185,552
36.2%
63,066,694
34.2%
Net sales
27,599,881
36.1%
27,635,804
38.1%
58,387,162
37.8%
52,362,878
38.4%
610,867
9.1%
885,509
9.4%
429,482
2.5%
3,097,387
28.0%
Total Asset
43,067,721
21.8%
43,049,787
24.0%
43,515,660
23.0%
42,605,421
26.1%
Total sales
44,202,395
26.1%
34,575,562
19.9%
80,373,362
22.2%
72,748,628
22.4%
Internal sales
21,382,280
23.0%
17,095,253
16.9%
40,303,412
19.4%
35,157,318
19.1%
Net sales
22,820,115
29.9%
17,480,309
24.1%
40,069,950
25.9%
36,490,507
26.8%
Operating profit
3,104,586
46.3%
1,724,650
18.3%
4,302,554
24.9%
4,053,600
37.4%
Total Asset
33,647,110
106,118,19
6
17.1%
32,739,545
18.3%
34,365,368
18.1%
31,882,983
19.5%
62.7%
97,583,921
56.2%
214,945,026
59.4%
207,745,409
64.8%
Internal sales
55,503,716
59.8%
52,137,778
51.5%
115,898,073
55.9%
116,486,918
63.2%
Net sales
50,614,480
66.2%
45,446,143
62.7%
99,046,953
64.1%
91,258,491
66.9%
Operating profit
3,728,600
55.6%
2,591,764
27.5%
4,879,101
28.2%
7,162,479
65.6%
Total Asset
84,154,398
42.7%
93,165,737
52.0%
89,076,990
47.0%
78,804,810
48.3%
Total sales
35,092,241
20.7%
34,300,251
19.7%
72,806,264
20.1%
54,813,121
17.1%
Internal sales
16,757,880
18.0%
16,565,888
16.4%
35,167,480
17.0%
28,005,498
15.2%
Net sales
18,334,361
24.0%
17,734,363
24.5%
37,638,784
24.3%
26,807,623
19.7%
Operating profit
3,435,929
51.3%
4,898,694
52.0%
10,110,698
58.5%
2,058,733
18.8%
Total Asset
60,092,691
30.5%
54,165,667
30.2%
55,583,214
29.3%
45,458,634
27.9%
Total sales
27,486,248
16.2%
30,671,351
17.7%
62,162,133
17.2%
55,279,013
17.2%
Internal sales
13,881,730
15.0%
16,057,537
15.9%
32,242,249
15.5%
29,442,191
16.0%
Net sales
13,604,518
17.8%
14,613,814
20.1%
29,919,884
19.3%
25,836,822
19.0%
- 442,627
- 6.6%
1,369,501
14.5%
1,991,990
11.5%
1,707,433
15.6%
Total Asset
32,794,465
16.6%
29,458,795
16.4%
31,547,027
16.6%
30,959,630
19.0%
Total sales
62,293,916
36.8%
64,675,649
37.2%
134,384,718
37.1%
110,092,134
34.3%
Internal sales
30,723,547
33.1%
32,676,916
32.3%
67,546,082
32.6%
57,447,689
31.2%
Net sales
31,570,369
41.3%
31,998,733
44.1%
66,838,636
43.2%
52,644,445
38.6%
Operating profit
2,994,820
44.7%
6,266,743
66.5%
12,089,126
69.9%
3,602,445
33.0%
Total Asset
92,883,949
47.1%
83,654,962
46.7%
88,118,185
46.5%
76,543,625
46.9%
Operating profit
Total
2010
Portion
Total sales
Total
1H 2010
Amount
Operating profit
Set
1H 2011
※ Data related to business divisions in 2009 and 2010 were adjusted according to the classification
of business divisions in 1H 2011 (on a consolidated basis).
※ Net sales include internal sales of the head office and overseas subsidiaries subject to
consolidated financial statements.
□ Capex
Capex in 1H 2011 totaled KRW11.2 trillion, most of which was spent on upgrading
semiconductor and LCD production lines. 2011 full-year capex is planned at about KRW23
trillion on a consolidated basis (KRW12 trillion in semiconductor business, KRW3 trillion in LCD
business, etc.), but it could change depending on business situation.
- 1H 11 capex by business divisions
Business
Semiconductor
LCD
Others
Purpose
Establishment,
addition, upgrade
Establishment,
addition, upgrade
Others
Period
Jan '11∼Jun '11
Jan '11∼Jun '11
Jan '11∼Jun '11
Total
Investment in
Buildings,
facilities
Buildings,
facilities
Buildings,
facilities
(100 million won)
Amount
65,233
33,333
13,174
111,740
□ Major Customers
As of 1H 2011, major customers included Apple, Sony, HP, Best Buy, and Dell. In 1H 2011, sales
to our five major customers accounted for about 15% of total sales.
III. Corporate Governance and Affiliates
□ Affiliates
1. Names of the Group and Affiliates
-
The name of the group: Samsung
As of end-1H 2011, Samsung Group had 82 domestic affiliates. Samsung Electronics and 18
affiliates are listed, and the remaining 63 are unlisted.
(As of June 30, 2011)
No. of affiliates
Listed
19
Unlisted
63
Total
82
Name of affiliates
Samsung C&T, Cheil Industries, Samsung Electronics,
Samsung SDI, Samsung Techwin, Samsung Life Insurance,
SEMCO, Samsung Heavy Industries, Samsung Card, Hotel
Shilla, Samsung Fire & Marine Insurance, Samsung
Securities, S1, Samsung Fine Chemicals, Samsung
Engineering, iMarket Korea, Cheil Worldwide, Credu,
Samsung Ace Digitech
Samsung Everland, Samsung Petrochemical, Samsung
SDS, Samsung General Chemicals, Samsung Total
Petrochemicals, Samsung Lions, SERI, STECO, Samsung
Thales, SEMES, Living Plaza, Samsung Corning Precision
Materials, SECRON, Seoul Commtech, Samsung
Electronics Service, Samsung Electronics Logitech, Hantok
Chemicals, Global Tech, CVnet Corporation, Care Camp,
Allat Corp., e Samsung International, SECUI.com,
Wealthia.com, Open Tide Korea, Samsung Futures,
365Homecare, Samsung Venture Investment Corporation,
Samsung Asset Management, Saengbo, Samsung Claim
Adjustment Service, Anycar Service, World Cyber Games,
S-LCD Corporation, SD Flex, SEHF Korea, Gemi Plus
Distribution, Samsung LED, SB LiMotive, Samsung
Mobile Display, Samsung Bluewings, HTSS, Bonavie,
RAY, Songdo Land Mark City, S-Core, GES, Open Hands,
EXE C&T, EXE Technologies Korea, S1 CRM, S-EnPol,
Samsung Medison, Medison Xray, Medison Healthcare,
Sono Solution, CSL, Prosonic, Samsung Biologics, SMP,
STM, Miracom Inc. and Samsung Life Service
2. Stake-Holdings among Affiliates and Subsidiaries
[Domestic]
(As of June 30, 2011)
(%, based on common shares)
Investee
Samsung
C&T
Cheil
Ind.
SEC
Samsung C&T
4.1
Cheil Ind.
0.0
SEMCO
Samsung
Heavy
Ind.
Samsung
Techwin
Hotel
Shilla
Samsung
Engineering
4.3
20.4
SEC
Samsung SDI
Samsung
SDI
23.7
0.4
0.1
17.6
25.5
7.4
Cheil
Worldwide
Samsung
Fine
Chemicals
12.6
5.6
13.1
5.1
0.1
S1
Samsung
SDS
Samsung
Everland
18.3
1.5
3.2
2.6
5.1
4.0
8.4
11.5
21.7
11.0
4.0
Samsung
Corning
Precision
Materials
2.4
SEMCO
Samsung
Ever-land
0.0
0.1
0.3
0.3
8.4
4.0
1.1
Samsung
Heavy Ind.
Samsung
Techwin
0.1
Samsung
Engin-eering
0.1
Cheil Worldwide
0.1
0.9
Investor
Samsung Fine
Chemicals
Samsung
General
Chemicals
2.2
Hotel Shilla
S1
SERI
Samsung SDS
Samsung Life
Insurance
5.0
0.1
Samsung Fire
& Marine
Insurance
7.4
0.1
3.5
0.6
7.7
0.3
5.3
1.3
1.0
Samsung
Securities
0.0
Samsung Card
2.0
4.9
3.1
0.0
1.3
1.3
3.0
1.9
25.6
Seoul
Commtech
Wealthia.com
EXE C&T
Samsung
Medison
Samsung
Electronics
Hainan Fiber
Optics
SVIC #6
Total
12.4
5.0
12.8
20.4
23.7
24.4
32.8
17.3
19.5
18.3
32.0
20.6
48.4
39.1
Investee
Samsung
General
Chemicals
Samsung
Total
Petrochem.
Samsung
Petrochem.
Hantok
Chemicals
Samsung
Lions
SERI
1.0
Samsung
C&T
38.7
27.3
7.5
Cheil Ind.
0.9
21.4
15.0
1.0
SEC
3.9
13.0
27.5
29.8
Samsung
SDI
10.7
STECO
SEMES
Seoul
Commtech
Samsung
Electronics
Service
World
Cyber
Games
SECRON
Living
Plaza
Samsung
Blue
Wings
51.0
85.6
35.6
99.3
45.0
50.6
100.0
100.0
28.6
Samsung
Corning
Precision
Materials
SEMCO
10.5
12.5
Samsung
Ever-land
2.0
Samsung
Heavy Ind.
Samsung
Techwin
23.8
1.0
26.5
Samsung
Engin-eering
Cheil
World-wide
Samsung
Fine
Chemicals
0.3
3.6
50.0
Samsung
General
Chemicals
Investor
3.0
50.0
Hotel Shilla
S1
SERI
Samsung
SDS
Samsung
Life
Insurance
14.8
Samsung
Fire &
Marine
Insurance
Samsung
Securities
Samsung
Card
Seoul
Comm-tech
Wealthia.co
m
EXE C&T
Samsung
Medison
Samsung
Electronics
Hainan Fiber
Optics
SVIC #6
Total
95.0
50.0
61.6
50.0
67.5
100.
0
51.0
85.6
35.6
99.3
45.0
50.6
100.0
100.0
Investee
Samsung
Electronics
Logitech
Samsung
LED
SLCD
Corp.
SEHF
Korea
RAY
GES
Samsung
Medison
Medison
Xray
Medison
Healthcare
Sono
Solution
CSL
Prosonic
Samsung
C&T
Samsung
Biologics
Samsung
Thales
10.0
Cheil Ind.
SEC
100.0
50.0
50.0
100.0
65.8
100.0
40.0
Samsung SDI
Samsung
Corning
Precision
Materials
50.0
SEMCO
Samsung
Ever-land
40.0
Samsung
Heavy Ind.
Samsung
Techwin
50.0
Samsung
Engineering
Cheil Worldwide
Samsung
Fine
Chemicals
Samsung
General
Chemicals
Investor
Hotel Shilla
S1
SERI
Samsung
SDS
Samsung Life
Insurance
Samsung Fire
& Marine
Insurance
Samsung
Securities
Samsung
Card
Seoul Commtech
Wealthia.com
EXE C&T
Samsung
Medison
Samsung
Electronics
Hainan Fiber
Optics
100.0
48.5
100.0
100.0
100.0
48.5
100.0
100.0
SVIC #6
Total
100.0
100.0
100.0
50.0
100.0
64.6
64.6
100.0
65.8
100.0
90.0
50.0
Investee
Samsung
Corning
Precision
Materials
Songdo
Global
Tech
Samsung
C&T
Cvnet
Care
Camp
Land
Mark
City
40.1
52.8
40.4
Cheil Ind.
SEC
Samsung
SD Flex
Ace
Digitech
50.0
23.4
Gemi
Plus
Distribut
-ion
SB
LiMotive
Mobile
Display
SECUI.
com
HTSS
S1
CRM
S-EnPol
SMP
100.0
50.0
100.0
50.0
100.0
42.6
64.4
Samsung
SDI
50.0
Samsung
Corning
Precision
Materials
Samsung
35.6
51.0
SEMCO
Samsung
Ever-land
8.7
Samsung
Heavy Ind.
Samsung
Techwin
Samsung
Engineering
Cheil
Worldwide
Investor
Samsung
Fine
Chemicals
Samsung
General
Chemicals
Hotel
Shilla
52.4
S1
80.0
100.0
80.0
100.0
SERI
Samsung
SDS
Samsung
Life
Insurance
4.4
0.0
0.0
Samsung
Fire &
Marine
Insurance
Samsung
Securities
Samsung
Card
Seoul
Commtech
9.4
Wealthia.c
om
EXE C&T
Samsung
Medison
Samsung
Electronics
Hainan
Fiber
Optics
SVIC #6
Total
42.7
51.0
49.5
52.8
40.4
50.0
23.4
100.0
50.0
100.0
65.4
Investee
STM
e Samsung
International
Wealthia.
com
Open
Tide
Korea
SCore
Open
Hands
Bonavie
Credu
EXE
C&T
EXE
Technologies
Korea
Miracom
Inc.
iMarket
Korea
Samsung
C&T
10.6
Cheil Ind.
2.8
SEC
10.6
11.3
Samsung SDI
Samsung
Life
Insurance
Saengbo
365
Homecare
5.6
Samsung
Corning
Precision
Materials
3.9
SEMCO
11.3
Samsung
Everland
25.0
21.0
8.9
10.0
0.6
2.8
19.3
7.2
Samsung
Heavy Ind.
Samsung
Techwin
5.3
Samsung
Engineering
10.4
Cheil Worldwide
Investor
Samsung
Fine
Chemicals
0.2
50.0
0.5
Samsung
General
Chemicals
Hotel Shilla
100.0
19.2
S1
5.2
SERI
Samsung
SDS
52.5
10.5
10.7
72.6
67.3
100.0
40.9
99.7
82.7
0.0
Samsung Life
Insurance
0.4
0.0
28.8
50.0
Samsung Fire
& Marine
Insurance
Samsung
Securities
1.6
Samsung
Card
3.3
0.0
Seoul
Commtech
14.4
Wealthia.com
EXE C&T
Samsung
Medison
80.7
Samsung
Electronics
Hainan Fiber
Optics
SVIC #6
Total
50.0
100.0
41.5
83.0
67.3
100.0
100.0
60.4
99.7
80.7
82.7
58.7
21.0
50.0
62.5
Investee
Samsung
Life
Service
Samsung
Futures
Samsung
Asset Management
Samsung Fire
& Marine
Insurance
Samsung
Claim Adjustment Service
Anycar
Service
Samsung C&T
Samsung
Securities
Samsung
Card
0.3
2.4
Allat
Corp.
Samsung
Venture
Investment
Corp.
Cheil Ind.
35.3
SEC
16.3
16.3
Samsung SDI
Samsung Corning
Precision Materials
3.6
SEMCO
17.0
30.0
Samsung Everland
Samsung Heavy
Ind.
3.9
0.0
17.0
16.7
Samsung Techwin
Samsung Engineering
Cheil Worldwide
Investor
Samsung Fine
Chemicals
Samsung General
Chemicals
Hotel Shilla
S1
SERI
Samsung SDS
Samsung Life
Insurance
99.2
41.0
5.5
Samsung Fire &
Marine Insurance
4.0
1.2
Samsung Securities
51.0
65.3
10.4
11.4
96.8
100.0
26.4
7.7
16.7
0.6
Samsung Card
30.0
Seoul Commtech
Wealthia.com
EXE C&T
Samsung Medison
Samsung
Electronics Hainan
Fiber Optics
SVIC #6
Total
99.2
96.0
75.8
11.0
96.8
100.0
19.4
67.7
60.0
100.0
[Overseas]
(As of June 30, 2011)
(%, based on common shares)
Investor
Investee
Stake
Samsung C&T
Samsung Japan Co., Ltd.
Samsung C&T
MYODO METAL CO., LTD.
100.0
Samsung C&T
Samsung C&T America Inc.
100.0
Samsung C&T
Samsung Finance Corporation.
80.0
Samsung C&T
Canada Trade Group Inc.
48.7
Samsung C&T
Samsung E&C America, INC.
Samsung C&T
SAMSUNG OIL & GAS USA CORP
Samsung C&T
Samsung Renewable Energy Inc.
100.0
Samsung C&T
SCNT Power Norte S. De R.L. de C.V.
100.0
Samsung C&T
QSSC, S.A. de C.V.
Samsung C&T
Samsung C&T Deutchland GmbH
100.0
Samsung C&T
Samsung C&T U.K. Ltd.
100.0
Samsung C&T
Samsung Trading PLC.
100.0
Samsung C&T
Xiod Distribution
Samsung C&T
Samsung C&T France S.A.S
Samsung C&T
POSS-SLPC, s.r.o
Samsung C&T
SAM investment Manzanilo.B.V
100.0
Samsung C&T
Samsung Engineering & Construction(M) SDN.BHD.
100.0
Samsung C&T
Samsung C&T Malaysia SDN. BHD
100.0
Samsung C&T
Erdsam Co., Ltd.
100.0
Samsung C&T
Samsung Chemtech
51.7
Samsung C&T
Cassava Investment Korea Pte. Ltd.
29.7
Samsung C&T
P.T. Samsung Development
100.0
Samsung C&T
Samsung Development (Thailand) Co., Ltd.
100.0
Samsung C&T
Samsung C&T Thailand Co., Ltd
44.0
Samsung C&T
Cheil Holding Inc.
40.0
Samsung C&T
Samsung Const. Co. Phils.,Inc.
25.0
Samsung C&T
Samsung Design Philippines Inc
100.0
Samsung C&T
Samsung Oil & Gas(Timor Sea 06-102) Ltd.
100.0
49.0
100.0
90.0
60.0
25.0
100.0
50.0
Samsung C&T
Samsugn Oil & Gas Australia PTY. LTD
100.0
Samsung C&T
Samsung C&T India Pte., Ltd.
100.0
Samsung C&T
Malaysia Samsung Steel Center Sdn.Bhd
Samsung C&T
Samsung C&T Singapore Pte., Ltd.
Samsung C&T
S&G Biofuel PTE.LTD
Samsung C&T
Samsung C&T Hongkong Ltd.
Samsung C&T
Shunde Shengpu Processing Center Co. Ltd
Samsung C&T
Samsung C&T Taiwan Co., Ltd.
Samsung C&T
Samsung Precision Stainless Steel(pinghu) Co.,Ltd.
Samsung C&T
Samsung E&C (Shanghai) Co.,Ltd.
Samsung C&T
Dongguan Samsung Steel Center Co., Ltd.
70.0
Samsung C&T
Posco-Samsung Suzhou Processing Center Co. Ltd
50.0
Samsung C&T
Samsung Nigeria Co., Ltd.
99.9
Samsung C&T
LOBINAVE - Estaleiro Naval do Lobito, Limitada
40.0
Samsung C&T
SAMSUNG C&T CORPORATION SAUDI ARABIA
100.0
Samsung C&T
Samsung C&T Chile Copper SpA
100.0
Samsung C&T
Samsung C&T DO Brasil Participacoes LTDA
100.0
Samsung C&T
Samsung Corporation Rus LLC
100.0
Samsung C&T
KSI LLP
25.0
Samsung C&T
Samsung Asia Private Ltd.
30.0
Samsung C&T
Samsung SDI America, Inc.
8.3
Samsung C&T
Samsung SDI (Malaysia) SDN. BHD.
6.4
Samsung C&T
Samsung SDI (Hong Kong) Ltd.
2.4
Samsung C&T
Samsung SDI Brasil Ltda.
0.0
Samsung C&T America Inc.
Samsung Finance Corporation.
Samsung C&T America Inc.
Meadowland Distribution
100.0
Samsung C&T America Inc.
Web2Zone., Inc.
100.0
Samsung C&T America Inc.
SAMSUNG OIL & GAS USA CORP
Samsung C&T America Inc.
Samsung Green repower, LLC
100.0
Samsung C&T America Inc.
Samsung Solar Construction Inc.
100.0
Samsung C&T America Inc.
QSSC, S.A. de C.V.
Samsung Renewable Energy Inc.
SRE Wind GP Holding Inc.
Samsung Renewable Energy Inc.
SP Ontario Wind Development LP Inc.
70.0
100.0
50.5
100.0
51.6
100.0
55.0
100.0
20.0
10.0
20.0
100.0
50.0
Samsung Renewable Energy Inc.
South Kent Wind LP Inc.
50.0
Samsung Renewable Energy Inc.
Grand Renewable Wind LP Inc.
50.0
Samsung Renewable Energy Inc.
SP Ontario Wind Development GP Inc.
50.0
Samsung Renewable Energy Inc.
South Kent Wind GP Inc.
50.0
Samsung Renewable Energy Inc.
Grand Renewable Wind GP Inc.
50.0
Samsung Green repower, LLC
SOLAR PROJECTS SOLUTIONS,LLC
69.0
SP Ontario Wind Development GP Inc.
SP Ontario Wind Development LP Inc.
0.0
South Kent Wind GP Inc.
South Kent Wind LP Inc.
0.0
Grand Renewable Wind GP Inc.
Grand Renewable Wind LP Inc.
0.0
Samsung C&T Deutchland GmbH
Samsung C&T Italia S.A.R.L
Samsung C&T Deutchland GmbH
POSS-SLPC, s.r.o
20.0
Samsung C&T Deutchland GmbH
S.C. Otelinox S.A
94.3
Samsung C&T Deutchland GmbH
KSI LLP
25.0
Samsung C&T U.K. Ltd.
Xiod Distribution
75.0
Samsung C&T U.K. Ltd.
SOLECO S.A
65.0
Samsung C&T U.K. Ltd.
Samsung Nigeria Co., Ltd.
Samsung C&T France S.A.S
Comptoir Des Produits Inoxydables S.A.S.
12.5
SAM investment Manzanilo.B.V
Terminal KMS de GNL S. de R.L de C.V
37.5
Samsung Engineering & Construction(M) SS KUKDONG JASATERA J/V
100.0
0.1
70.0
SDN.BHD.
Cheil Holding Inc.
Samsung Const. Co. Phils.,Inc.
75.0
Samsung C&T Singapore Pte., Ltd.
Samsung Chemtech
48.3
Samsung C&T Singapore Pte., Ltd.
Cassava Investment Korea Pte. Ltd.
12.7
Samsung C&T Singapore Pte., Ltd.
Malaysia Samsung Steel Center Sdn.Bhd
30.0
Samsung C&T Singapore Pte., Ltd.
Samsung C&T Corporation Hanoi Logistics
40.0
Samsung C&T Singapore Pte., Ltd.
S&G Biofuel PTE.LTD
12.6
S&G Biofuel PTE.LTD
PT. Gandaerah Hendana
95.0
S&G Biofuel PTE.LTD
PT. Inecda
95.0
Samsung C&T Hongkong Ltd.
Samsung C&T Thailand Co., Ltd
13.2
Samsung C&T Hongkong Ltd.
Tianjin International Trade Co. Ltd
100.0
Samsung C&T Hongkong Ltd.
Samsung Trading (Shanghai Pu Dong New Area) Co.,Ltd.
100.0
Samsung C&T Hongkong Ltd.
Karson Industrial Co., Ltd.
100.0
Samsung C&T Hongkong Ltd.
Enterprise Co., Ltd.
100.0
Samsung C&T Hongkong Ltd.
Samsung Trading (Shenzhen) Co.,Ltd.
100.0
Samsung C&T Hongkong Ltd.
Samsung Logistics (China) Ltd.
100.0
Samsung C&T Hongkong Ltd.
Samsung Corporation (Gaungzhou) Limited.
100.0
Samsung C&T Hongkong Ltd.
Dongguan Samsung Steel Center Co., Ltd.
30.0
Samsung C&T Hongkong Ltd.
Posco-Samsung Suzhou Processing Center Co. Ltd
20.0
Samsung Logistics (China) Ltd.
Samsung C&T Corporation Hanoi Logistics
11.0
Samsung Logistics (China) Ltd.
Samsung Logistics (Tianjin) Ltd
100.0
Samsung Logistics (China) Ltd.
Shenzhen Samsung Shipping Container Line Co., Ltd.
100.0
Samsung Logistics (China) Ltd.
Dongguan Samsung Logistics Warehouse Co., Ltd.
100.0
S.C. Otelinox S.A
Comptoir Des Produits Inoxydables S.A.S.
87.5
Samsung Electronics
Samsung Japan Co., Ltd.
51.0
Samsung Electronics
Samsung Yokohama Research Institute
100.0
Samsung Electronics
Samsung Electronics America Inc.
100.0
Samsung Electronics
Samsung Electronics Canada Inc.
100.0
Samsung Electronics
Samsung Electronics Mexico S.A. De C.V.
Samsung Electronics
Samsung Electronics (UK) Ltd.
100.0
Samsung Electronics
Samsung Electronics Ltd.
100.0
Samsung Electronics
Samsung Electronics Holding GmbH
100.0
Samsung Electronics
Samsung Electronics Iberia, S.A.
100.0
Samsung Electronics
Samsung Electronics France S.A.S
100.0
Samsung Electronics
Samsung Electronics Hungarian RT.
100.0
Samsung Electronics
Samsung Electronics Italia S.P.A.
100.0
Samsung Electronics
Samsung Electronics Europe Logistics B.V.
100.0
Samsung Electronics
Samsung Electronics Benelux B.V.
100.0
Samsung Electronics
Samsung Electronics LCD Slovakia s.r.o.
Samsung Electronics
Samsung Electronics Overseas B.V.
100.0
Samsung Electronics
Samsung Electronics Polska, SP.Zo.O
100.0
Samsung Electronics
Samsung Electronics Portuguesa S.A.
100.0
Samsung Electronics
Samsung Electronics Nordic Aktiebolag
100.0
Samsung Electronics
Samsung Electronics Austria Gmbh
100.0
Samsung Electronics
Samsung Electronics Slovakia s.r.o
55.7
Samsung Electronics
Samsung Electronics European Holding
Samsung Electronics
Samsung Electronics Display (M) Sdn Bhd
63.6
0.0
100.0
75.0
Samsung Electronics
Samsung Electronics Malaysia SDN.BHD.
Samsung Electronics
Samsung Vina Electronics Co., Ltd.
80.0
Samsung Electronics
Samsung Asia Private Ltd.
70.0
Samsung Electronics
SAMSUNG INDIA ELECTRONICS Private. LTD
100.0
Samsung Electronics
Samsung India Software Operations Pvt. Ltd.
100.0
Samsung Electronics
Samsung Electronics Australia Pty. Ltd.
100.0
Samsung Electronics
PT Samsung Electronics Indonesia
100.0
Samsung Electronics
Thai-Samsung Electronics Co. Ltd.
91.8
Samsung Electronics
Samsung Electronic Philippine Manufacturing Corp.
Samsung Electronics
100.0
100.0
SAMSUNG MALAYSIA ELECTRONICS (SME) SDN. 100.0
BHD.
Samsung Electronics
Samsung Electronics Asia Holding Pte Ltd
100.0
Samsung Electronics
Samsung Electronics Hong Kong Co., Ltd.
100.0
Samsung Electronics
Suzhou Samsung Electronics Co., Ltd
Samsung Electronics
Samsung (CHINA) Investment Co.,Ltd.
100.0
Samsung Electronics
Samsung Electronics Suzhou Semiconductor Co., Ltd.
100.0
Samsung Electronics
SAMSUNG ELECTRONICS DIGITAL PRINTING
87.1
Samsung Electronics
Samsung Electronics Huizhou Co., Ltd.
89.6
Samsung Electronics
Tianjin Samsung Electronics Co., Ltd.
48.2
Samsung Electronics
Samsung Electronics Taiwan Co., Ltd.
100.0
Samsung Electronics
Tianjin Samsung Telecom Technology Co., Ltd.
Samsung Electronics
Shanghai Samsung Semiconductor Co., Ltd.
Samsung Electronics
Samsung Electronics Suzhou Computer Co.,Lcd
Samsung Electronics
Samsung Electronics Suzhou LCD Co.,Lcd
Samsung Electronics
Shenzhen Samsung Kejian Mobile Telecom. Tech. Co., Ltd.
60.0
Samsung Electronics
Samsung Electronic Shanghai Telecommunications Co., Ltd.
100.0
Samsung Electronics
Samsung Semiconductor China R&D.,Ltd.
100.0
Samsung Electronics
Samsung Electronics Hainan Fiberoptics Co., Ltd
100.0
Samsung Electronics
Samsung Gulf Electronics Co., Ltd.
100.0
Samsung Electronics
Samsung Electronics South Africa (Pty) Ltd.
100.0
Samsung Electronics
Samsung Electronics Latinoamerica (Zona Libre)
100.0
Samsung Electronics
Samsung Electronica Da Amazonia LTDA.
87.0
Samsung Electronics
Samsung Electronics Argentina S.A.
98.0
69.1
90.0
100.0
73.7
100.0
Samsung Electronics
Samsung Electronics Chile Limitada(Ltda)
Samsung Electronics
Samsung Electronics Rus Company
100.0
Samsung Electronics
Samsung Electronics Rus Kaluga
100.0
Samsung Electronics
Samsung Russia Service Company
100.0
Samsung Electronics
Samsung SDI Brasil Ltda.
Samsung Electronics
Samsung Opto-Electronics GmbH
Samsung Electronics
Tianjin Samsung Opto-Electronics Co.Ltd
SEMES
SEMES America,Inc.
100.0
Samsung Medison
Medison Japan Co., Ltd
100.0
Samsung Medison
Medison America Inc.
100.0
Samsung Medison
SonAce Deutschland GmbH
100.0
Samsung Medison
Medison Italy SRL
100.0
Samsung Medison
Medison France SAS
100.0
Samsung Medison
Medison Europe B.V.
100.0
Samsung Medison
Medison Systems India Private LTD.
100.0
Samsung Medison
Medison(Shanhai)Co.Ltd.
100.0
Samsung Medison
Shanghai Medison Medical Instrument Co., Ltd
Samsung Medison
Medison Medical Equipment
100.0
Samsung Medison
Medison Do Brazil Ltda
100.0
Samsung Electronics America Inc.
Samsung Receivables Corporation
Samsung Electronics America Inc.
Samsung Semiconductor Inc.
100.0
Samsung Electronics America Inc.
Samsung Information Systems America Inc.
100.0
Samsung Electronics America Inc.
Samsung International Inc.
100.0
Samsung Electronics America Inc.
Samsung Telecommunications America LLC.
100.0
Samsung Semiconductor Inc.
Samsung Austin Semiconductor LLC.
100.0
Samsung International Inc.
Samsung Mexicana S.A. De C.V.
100.0
Samsung
Telecommunications
America Samsung Receivables Corporation
4.1
0.1
100.0
82.0
97.7
39.4
60.6
LLC.
Samsung Electronics (UK) Ltd.
Samsung Telecoms (UK) Ltd.
100.0
Samsung Electronics (UK) Ltd.
Samsung Semiconductor Europe Limited
100.0
Samsung Electronics Holding GmbH
Samsung Semiconductor Europe GmbH
100.0
Samsung Electronics Holding GmbH
Samsung Electronics GmbH
100.0
Samsung Electronics Hungarian RT.
Samsung Electronics Czech and Slovak s.r.o.
30.0
Samsung Electronics Hungarian RT.
Samsung Electronics Slovakia s.r.o
44.3
Samsung Electronics Benelux B.V.
Samsung Electronics Mexico S.A. De C.V.
36.4
Samsung Electronics Benelux B.V.
Samsung Electronics LCD Slovakia s.r.o.
100.0
Samsung Electronics Benelux B.V.
Samsung Electronics West Africa
100.0
Samsung Electronics Benelux B.V.
Samsung Electronics Turkey
100.0
Samsung Electronics Benelux B.V.
Samsung Semiconductor Israel R&D Center,LTD.
100.0
Samsung Electronics Benelux B.V.
Samsung Electronics Levant Co.,Ltd
100.0
Samsung Electronics Benelux B.V.
Samsung Electronics Morocco SARLAU
100.0
Samsung Electronics Benelux B.V.
Samsung Electronics Venezuela
100.0
Samsung Electronics Benelux B.V.
Samsung Electronica Da Amazonia LTDA.
13.0
Samsung Electronics Benelux B.V.
Samsung Electronics Chile Limitada(Ltda)
95.9
Samsung Electronics Benelux B.V.
Samsung Electronics Peru
100.0
Samsung Electronics Benelux B.V.
Samsung Electronics Russia
100.0
Samsung Electronics Benelux B.V.
Samsung Electronics Ukraine
100.0
Samsung Electronics Benelux B.V.
Samsung Electronics Baltics
100.0
Samsung Electronics Benelux B.V.
Samsung Electronics Ukraine Company
100.0
Samsung Electronics Benelux B.V.
Samsung Electronics Kazakhstan
100.0
Samsung Electronics Benelux B.V.
SAMSUNG ELECTRONICS KZ AND CENTRAL ASIA LLP
100.0
Samsung Electronics European Holding
Samsung Electronics Czech and Slovak s.r.o.
Samsung Electronics European Holding
Samsung Electronics Romania LLC
100.0
Samsung Electronics European Holding
Samsung Electronics Poland Manufacturing
100.0
Samsung Electronics European Holding
Samsung Electronics Greece S.A.
100.0
Samsung Electronics European Holding
Sansung LCD Netherlands R&D Center B.V
100.0
Sansung LCD Netherlands R&D Center B.V
Sansung LCD Netherlands R&D Center(UK)Limited
100.0
Sansung LCD Netherlands R&D Center B.V
Sansung LCD Netherlands R&D Center(HK)Limited
100.0
Samsung Electronics Display (M) Sdn Bhd
Tianjin Samsung Electronics Co., Ltd.
PT Samsung Electronics Indonesia
P.T. Samsung Telecommunications Indonesia
99.0
Samsung Electronic Philippine
Batino Realty Corp.
39.8
70.0
2.2
Manufacturing Corp.
Samsung Electronics Asia Holding Pte Ltd
Samsung Telecommunications Japan Co.
Samsung Electronics Asia Holding Pte Ltd
Samsung Electronics Display (M) Sdn Bhd
Samsung Electronics Asia Holding Pte Ltd
Samsung Electronics Philippines Corporation
100.0
25.0
100.0
Samsung Electronics Asia Holding Pte Ltd
Samsung Electronics Bangladeshi Research Center
100.0
Samsung Electronics Asia Holding Pte Ltd
Samsung Electronics Vietnam Company Ltd.
100.0
Samsung Electronics Asia Holding Pte Ltd
Samsung Telecommunications Malaysia Sbn. Bhd.
100.0
Samsung Electronics Asia Holding Pte Ltd
Samsung SDI (Malaysia) SDN. BHD.
25.0
Samsung Electronics Asia Holding Pte Ltd
Samsung Electro-Mechanics Thailand Co., Ltd.
25.0
Samsung Electronics Asia Holding Pte Ltd
eSamsung Greater China Co., Ltd.
11.4
Samsung Electronics Hong Kong Co., Ltd.
eSamsung Greater China Co., Ltd.
11.3
Suzhou Samsung Electronics Co., Ltd
Samsung Suzhou Electronics Export Co.,Ltd
Samsung (China) Investment Co.,Ltd.
Suzhou Samsung Electronics Co., Ltd
Samsung (CHINA) Investment Co.,Ltd.
Samsung Guangzhou Mobile R&D Center
100.0
Samsung (CHINA) Investment Co.,Ltd.
Samsung Tianjin Mobile Development Center
100.0
Samsung (CHINA) Investment Co.,Ltd.
SAMSUNG ELECTRONICS DIGITAL PRINTING
12.9
Samsung (CHINA) Investment Co.,Ltd.
Samsung Electronics Huizhou Co., Ltd.
10.3
Samsung (CHINA) Investment Co.,Ltd.
Tianjin Samsung Electronics Co., Ltd.
40.8
Samsung (CHINA) Investment Co.,Ltd.
Beijing Samsung Telecom. R&D Center.
Samsung (CHINA) Investment Co.,Ltd.
Samsung Electronics Suzhou Computer Co.,Lcd
Samsung (CHINA) Investment Co.,Ltd.
Samsung Electronics China R&D Center
100.0
Samsung (CHINA) Investment Co.,Ltd.
Samsung Electronics Beijing Service Co., Ltd
100.0
Samsung (CHINA) Investment Co.,Ltd.
Tianjin Samsung Opto-Electronics Co.Ltd
Samsung Electronics Latinoamerica (Zona
Samsung Electronics Latino America Miami, Inc.
100.0
Samsung Electronica Columbia
100.0
100.0
19.2
100.0
26.3
8.0
Libre)
Samsung Electronics Latinoamerica (Zona
Libre)
Samsung Electronica Da Amazonia LTDA.
Samsung Electronics Argentina S.A.
2.0
Samsung SDI
Samsung SDI America, Inc.
Samsung SDI
Samsung SDI Germany GmbH.
100.0
Samsung SDI
Samsung SDI Hungary Rt.
100.0
Samsung SDI
Samsung SDI (Malaysia) SDN. BHD.
Samsung SDI
Samsung SDI Vietnam Co., LTD.
100.0
Samsung SDI
Samsung SDI (Hong Kong) Ltd.
91.9
Samsung SDI
Samsung SDI Brasil Ltda.
Samsung SDI
SSH Limited.
40.0
SB LiMotive
Cobasys.,LLC
100.0
91.7
68.6
4.0
SB LiMotive
SB LiMotive Germany GmbH
100.0
Samsung Mobile Display
Dongguan Samsung Mobile Display Co., Ltd.
100.0
Samsung Mobile Display
Tianjin Samsung Mobile Display Co.,Ltd
Samsung SDI America, Inc.
Samsung SDI Mexico S.A. de C.V.
Samsung SDI America, Inc.
Samsung SDI Brasil Ltda.
Samsung SDI Germany GmbH.
Samsung SDIG Real Estate Gmbh
Samsung SDI Germany GmbH.
Samsung SDI (Hong Kong) Ltd.
Samsung SDI Germany GmbH.
Samsung SDI Brasil Ltda.
Samsung SDI (Malaysia) SDN. BHD.
Samsung SDI (Hong Kong) Ltd.
5.3
Samsung SDI (Malaysia) SDN. BHD.
Samsung SDI Brasil Ltda.
0.2
Samsung SDI (Hong Kong) Ltd.
Shenzhen Samsung SDI Co., Ltd.
80.0
Samsung SDI (Hong Kong) Ltd.
Tianjin Samsung SDI Co., Ltd.
80.0
Samsung SDI (Hong Kong) Ltd.
Shanghai Samsung Electronic Devices Co., Ltd
60.3
Samsung SDI (Hong Kong) Ltd.
Samsung SDI Brasil Ltda.
14.5
SEMCO
Samsung Electro-Mechanics America, Inc.
100.0
SEMCO
Samsung Electro-Mechanics Germany, GMBH
100.0
SEMCO
Samsung Electro-Mechanics Hungary Inc.
100.0
SEMCO
Samsung Electro-Mechanics Thailand Co., Ltd.
75.0
SEMCO
Samsung Electro-Mechanics Philippines, Corp.
100.0
SEMCO
Calamba Premier Realty Corporation.
SEMCO
Samsung Electro-Mechanics Indonesia, pt
100.0
SEMCO
Samsung Electro-Mechanics Pte.,Ltd
100.0
SEMCO
Dongguan Samsung Electro Mechanics Co.,Ltd.
100.0
SEMCO
Tianjin Samsung Electro-Mechanics
SEMCO
Samsung Electro-Mechanics Hongkong Co., Ltd.
SEMCO
Samsung High Techelectro-Mechanics Co.,Ltd.
SEMCO
Kunshan Samsung Electro-Mechanics
100.0
Samsung LED
SAMSUNG LED AMERICA, INC
100.0
Samsung LED
SAMSUNG LED EUROPE GMBH
100.0
Samsung LED
TIANJIN SAMSUNG LED CO., LTD
100.0
Samsung Electro-Mechanics America, Inc.
Samsung Electro-Mechanics Do Brasil Intermediacoes
100.0
Samsung Electro-Mechanics Hongkong Co.,
Ltd.
Shenzhen Samsung Electro-mechanics Co.,Ltd.
95.0
100.0
40.4
100.0
0.4
40.8
39.8
81.2
100.0
95.0
100.0
Samsung Fire & Marine Insurance
SAMAUNG FIRE & MARINE INSURANCE COMPANY 100.0
OF EUROPE
Samsung Fire & Marine Insurance
Indonesian subsidiary of Samsung Fire & Marine Insurance
70.0
Samsung Fire & Marine Insurance
Samsung Vina Insurance Co. Ltd.
50.0
Samsung Fire & Marine Insurance
Samsung Property Insurance (China) Co., Ltd.
100.0
SAMSUNG FIRE & MARINE CONSULTORIA EM
100.0
Samsung Fire & Marine Insurance
SEGUROS LTDA.
Samsung Total Petrochemicals
Dongguan Samsung Total Engineering Plastics Limited
100.0
Samsung Total Petrochemicals
Samsung Total Petrochemicals Trading (Shanghai) Co.,Ltd.
100.0
Samsung Heavy Industries
Hukuoka Engineering Center
100.0
Samsung Heavy Industries
Camellia Consulting Corporation
100.0
Samsung Heavy Industries
Samsung Wind Energy,Inc
100.0
Samsung Heavy Industries
Samsung Heavy Industries India Pvt.Ltd.
100.0
Samsung Heavy Industries
SAMSUNG HEAVY INDUSTRIES (M) SDN.BHD
100.0
Samsung Heavy Industries
Samsung Heavy Industries (Thailand) Co.Ltd
Samsung Heavy Industries
Samsung Heavy Industries (Rong Cheng) Co., Ltd.
100.0
Samsung Heavy Industries
Samsung Heavy Industries (Ningbo) Co., Ltd.
100.0
Samsung Heavy Industries
Rongcheng Gaya Shipbuilding
100.0
Samsung Heavy Industries
Rongcheng Bucheon Shipbuilding Steel
100.0
Samsung Heavy Industries
Samsung Heavy Industries Trade(Shanghai) Co., Ltd
100.0
Samsung Heavy Industries
49.0
SANGSUNG HEAVY INDUSTRIES BRAZIL ASSESSORIA 100.0
EM PRO
Samsung Heavy Industries
SHI BRAZIL CONSTRUCTION
100.0
Samsung Heavy Industries
Samsung Sakhalin Limited Liability Company
100.0
Camellia Consulting Corporation
Oil & Gas Solution LLC
Samsung Life Insurance
Samsung Life Investment (America) Ltd.
100.0
Samsung Life Insurance
Samsung Life Investment (U.K.) Limited.
100.0
Samsung Life Insurance
Samsung Properties China, Limited.
100.0
Samsung Life Insurance
Samsung Air China Life
Samsung Asset Management
Samsung Asset Management(Singapore)Pte.Ltd.
100.0
Samsung Asset Management
Samsung Asset Management(Hong Kong) Limited.
100.0
Cheil Industries
Cheil America Inc.
100.0
Cheil Industries
Samsung Chemical U.S.A Inc.
100.0
50.0
50.0
Cheil Industries
Starex Compounding America Inc.
100.0
Cheil Industries
Samsung Fashion S.r.L
100.0
Cheil Industries
Samsung Chemical Europe Gmbh
100.0
Cheil Industries
Samsung Chemical Hungary LLC
100.0
Cheil Industries
Samsung Chemical (Thailand) CO., Ltd
Cheil Industries
Samsung Fashion Trading (Shanghai) Co. ,Ltd
100.0
Cheil Industries
Samsung Chemical Material Trading(Shanghai)Co.Ltd.
100.0
Cheil Industries
TIANJIN SAMSUNG ENGINEERING PLASTICS CO.,LTD
100.0
Samsung Ace Digitech
ACEDIGITECH SUZHOU CO.,LTD
100.0
Starex Compounding America Inc.
Stacom Mexico, S.A. de C.V.
99.0
Samsung Chemical (Thailand) CO., Ltd
Samsung Thai Engineering Co., Ltd.
17.2
Samsung Techwin
Techwin Engineering Center
100.0
Samsung Techwin
Samsung Opto-Electronics America, Inc.
100.0
Samsung Techwin
SAMSUNG TECHWIN EUROPE, Ltd.
100.0
Samsung Techwin
Tianjin Samsung Techwin Opto-Electronics
95.0
Samsung Techwin
Shanghai Samsung Mechatronics & Trading
100.0
Samsung Techwin
Samsung Techwin DO Brasil Equipamentos De Seguranca 100.0
59.4
Ltda
e Samsung International
eSamsung Greater China Co., Ltd.
77.3
eSamsung Greater China Co., Ltd.
iMarket Asia Co., Ltd.
100.0
Opentide Greater China Co., Ltd.
Opentide China Co., Ltd.
100.0
Opentide Greater China Co., Ltd.
OpenTide Taiwan Co., Ltd
100.0
Opentide Greater China Co., Ltd.
OpenTide Interactive Advertising Co.,Ltd
100.0
Opentide China Co., Ltd.
Opentide e-Commerce Co.,Ltd.
100.0
Opentide China Co., Ltd.
OpenTide Marketing Service Co., Ltd.
100.0
iMarket Asia Co., Ltd.
iMarket China Co., Ltd.
80.0
Samsung Corning Precision Materials
Samsung Corning Malaysia SDN. BHD.
70.0
Samsung Corning Precision Materials
SSH Limited.
60.0
Samsung Petrochemical
Samsung Petrochemical Trading (Shanghai) Co., Ltd.
100.0
Samsung Petrochemical
Samsung Fine Chemicals Trading (Shanghai) Co., Ltd
100.0
Samsung Securities
Samsung Securities (America), Inc.
100.0
Samsung Securities
Samsung Securities (Europe) Limited.
100.0
Samsung Securities
Samsung Securities (Asia) Limited.
100.0
Samsung SDS
Samsung SDS Infotech Pvt Ltd.
81.5
Samsung SDS
Opentide Greater China Co., Ltd.
36.7
Samsung SDS
Samsung SDS America, Inc.
100.0
Samsung SDS
Samsung SDS Europe Ltd.
100.0
Samsung SDS
Samsung SDS Asia Pacific Pte. Ltd.
100.0
Samsung SDS
Samsung SDS India PVt. Ltd.
100.0
Samsung SDS
Samsung SDS China, Ltd.
100.0
Samsung SDS
SAMSUNG NETWORKS BEIJING Co. Ltd
100.0
Samsung SDS
SAMSUNG SDS LATIN AMERICA SOLUCOES EM
99.6
TECNOLOGIA LTDA
EXE C&T
Lepsilon America Inc
Miracom Inc.
MIRACOM ASIA PACIFIC
Samsung SDS America, Inc.
SAMSUNG SDS LATIN AMERICA SOLUCOES EM
90.6
100.0
0.4
TECNOLOGIA LTDA
Samsung SDS America, Inc.
Samsung SDS Mexico, S.A. DE C.V.
99.0
Samsung SDS India PVt. Ltd.
Samsung SDS Infotech Pvt Ltd.
18.5
MIRACOM ASIA PACIFIC
MIRACOM CHINA
100.0
Samsung Engineering
Samsung Engineering Japan Co., Ltd.
100.0
Samsung Engineering
Samsung Engineering America Inc.
100.0
Samsung Engineering
Samsung Engineering Magyarorszag Kft
100.0
Samsung Engineering
Samsung Engineering (Malaysia) SDN. BHD.
100.0
Samsung Engineering
PT Samsung Engineering Indonesia Co., Ltd.
100.0
Samsung Engineering
Samsung Engineering (Thailand) Co., Ltd.
33.0
Samsung Engineering
Samsung Thai Engineering Co., Ltd.
29.8
Samsung Engineering
Samsung Engineering India Private Ltd.
100.0
Samsung Engineering
Samsung Engineering Australia Pty Limited
100.0
Samsung Engineering
Samsung Engineering Construction(Shanghai) Co., Ltd
100.0
Samsung Engineering
Samsung Saudi Arabia Ltd.
95.0
Samsung Engineering
Muharraq Wastewater Services Company W.L.L.
65.0
Samsung Engineering
Muharraq STP Company B.S.C.
45.0
Samsung Engineering
Muharraq Holding Company 1 Limited
45.0
Samsung Engineering
Samsung INGENIERIA MEXICO S.A DE C.V.
99.7
Samsung Engineering
Samsung Ingenieria Minatitlan, S.A. De C.V.
99.9
Samsung Engineering
Samsung Engineering Trinidad Co., Ltd.
100.0
Samsung Engineering
Samsung Ingenieria Manzanillo, S.A. De C.V.
Samsung Engineering
Grupo Samsung Ingenieria Mexico, S.A. De C.V.
100.0
Samsung Engineering
Samsung Ingenieria Energia S.A. De C.V.
100.0
Samsung Engineering
Samsung Engineering Do Brasil Participacoes Ltda
100.0
Samsung Engineering
Samsung Engineering Kazakhstan LLP
100.0
Samsung Thai Engineering Co., Ltd.
Samsung Chemical (Thailand) CO., Ltd
40.6
Samsung Thai Engineering Co., Ltd.
Samsung Engineering (Thailand) Co., Ltd.
67.0
Samsung Engineering India Private Ltd.
Samsung Saudi Arabia Ltd.
Muharraq Holding Company 1 Limited
Muharraq Holding Company 2 Limited
100.0
Cheil Worldwide
Cheil USA Inc.
100.0
Cheil Worldwide
Cheil Central America
100.0
Cheil Worldwide
Cheil Europe Ltd.
100.0
Cheil Worldwide
Cheil Germany GmbH
100.0
Cheil Worldwide
Cheil France SAS
100.0
Cheil Worldwide
Cheil India Private Limited
100.0
Cheil Worldwide
Cheil (Thailand) Ltd
100.0
Cheil Worldwide
Cheil Singapore Pte. Ltd.
100.0
Cheil Worldwide
Cheil Vietnam Co.Ltd.
Cheil Worldwide
Cheil China
100.0
Cheil Worldwide
Cheil Hong Kong Limited
100.0
Cheil Worldwide
Cheil MEA FZ-LLC
100.0
Cheil Worldwide
Cheil South Africa Limited
100.0
Cheil Worldwide
Cheil Brazil Communications Ltda.
100.0
Cheil Worldwide
Cheil Communications Mexico Inc. SA de CV
Cheil Worldwide
Cheil Rus LLC.
100.0
Cheil Worldwide
Cheil Ukraine LLC
100.0
Hotel Shilla
Samsung Hospitality America
100.0
Hotel Shilla
New Jersey Int'l M.C.Inc.
100.0
Hotel Shilla
SAMSUNG HOSPITALITY U.K. Limited
100.0
Cheil USA Inc.
The Barbarian Group, LLC
75.6
Cheil USA Inc.
Cheil India Private Limited
0.0
Cheil USA Inc.
Cheil Communications Mexico Inc. SA de CV
2.0
99.9
5.0
90.0
98.0
Samsung Hospitality America
Samsung Hospitality Europe GmbH
100.0
Cheil (Thailand) Ltd
Samsung Heavy Industries (Thailand) Co.Ltd
25.5
Cheil Singapore Pte. Ltd.
Opentide Greater China Co., Ltd.
58.3
Cheil MEA FZ-LLC
One Agency FZ LLC
70.0
Cheil MEA FZ-LLC
One Agency Istanbul Advertisement, Communication
0.0
&Production LLC
One Agency FZ LLC
One Agency Istanbul Advertisement, Communication
100.0
&Production LLC
One Agency FZ LLC
One Agency Interior Design LLC
100.0
One Agency FZ LLC
One Agency Printing LLC
100.0
□ Equity Investments in Other Companies
As of end-1H 2011, Samsung Electronics’ equity investments in other companies amounted to
KRW27,470,100,000,000 and such investments were made for business purpose, etc.
(As of June 30, 2011)
(K shares, million won, %)
Company
name
Date
of
purch
ase
Purpose
Listed
Samsung SDI
1977.
1
Participation
in
management,
etc.
304
Listed
SEMCO
1977.
1
Participation
in
management,
etc.
Unlisted
Samsung
Gwangju
Electronics
1990.
1
Business
purpose
Listed
Samsung
Card
1988.
12
Listed
Samsung
Techwin
1977.
12
Unlisted
STECO
Unlisted
SEMES
Unlisted
Available-for-sale securities
Domestic
Account
1995.
6
1992.
12
Participation
in
management,
etc.
Participation
in
management,
etc.
Business
purpose
Business
purpose
Seoul
Commtech
1996.
12
Business
purpose
Unlisted
SERI
1991.
5
Unlisted
Samsung
SDS
1992.
7
Unlisted
Samsung
Lions
1986.
8
Participation
in
management,
etc.
Participation
in
management,
etc.
Participation
in
management,
etc.
Initial
acquis
ition
cost
Year-beginning balance
Increase/decrease
Financial
status
Year-end balance
No. of
shares
Cost for
acquisition
(or
disposal)
874,079
0
0
22.80
445,244
0
38,516
94.25
682,670
10,00
0
43,393
35.29
336
13,527
24,00
0
Stake
Book
value
Total
asset
Net
prof
it
9,283
19.68
874,079
7,22
5,50
3
149
,95
7
0
17,693
22.80
445,244
4,95
0,90
6
435
,80
0
38,51
6
-682,670
0
0
0
-
-
1,455,48
5
0
0
43,393
35.29
1,455,4
85
12,5
14,0
46
1,1
56,
217
25.46
235,638
0
0
13,527
25.46
235,638
2,89
6,82
1
226
,18
0
2,448
51.00
32,724
0
0
2,448
51.00
32,724
1,000
1,712
85.62
27,968
0
0
1,712
85.62
27,968
91,6
46
414,
610
2,8
36
62,
820
3,800
3,933
35.63
56,129
0
0
3,933
35.55
56,129
285,
218
19,
152
320
3,576
29.80
24,942
0
0
3,576
29.80
24,942
131,
199
198
6,160
15,656
21.67
430,831
0
0
15,656
21.67
430,831
3,65
3,48
3
327
,63
5
240
55
27.50
-102
0
0
55
27.50
-102
57,9
55
889
No. of
shares
Stake
Book
value
9,283
19.68
250
17,693
2,000
No. of
shares
Note
Merged
Unlisted
SECRON
1993.
11
Business
purpose
1,000
405
50.63
198
Unlisted
Samsung
Electronics
Service
1998.
10
Business
purpose
30,00
0
6,000
99.33
48,121
Unlisted
MEMC
Korea
1991.
12
Business
purpose
36,00
0
3,440
20.00
Unlisted
Samsung
Corning
Precision
Materials
1995.
4
Participation
in
management,
etc.
617
7,512
Unlisted
Living Plaza
2000.
12
Business
purpose
3,100
Unlisted
Samsung
Electronics
Logitech
1999.
4
Business
purpose
Unlisted
S-LCD
Corporation
2004.
4
Unlisted
Samsung
Mobile
Display
Unlisted
405
50.63
198
75,4
49
7,8
75
6,000
99.33
48,121
214,
603
2,2
46
0
0
35,286
0
0
3,440
20.00
35,286
219,
365
4,4
26
42.54
1,771,20
9
0
0
7,512
42.54
1,771,2
09
7,36
8,36
4
3,4
00,
036
767
100.00
117,523
0
0
767
100.0
0
117,523
382,
012
1,2
27
76
1,011
100.00
46,669
0
0
1,011
100.0
0
46,669
190,
758
12,
605
Business
purpose
1,260,
000
390,000
50.00
1,992,11
0
60,00
0
-306,478
330,000
50.00
1,685,6
32
5,82
9,14
2
204
,56
7
Capital
reduction
by cash
payment
2009.
1
Business
purpose
200,0
00
20,000
50.00
798,160
23,65
0
1,701,598
43,650
64.36
2,499,7
58
4,33
7,38
5
295
,99
6
Capital
increase
Samsung
LED
2009.
4
Participation
in
management,
etc.
15,00
4
2,000
50.00
180,916
0
0
2,000
50.00
180,916
1,33
9,98
8
204
,39
9
Unlisted
SVIC #4
1999.
12
Business
purpose
150,0
00
0
65.67
24,870
0
0
0
65.67
24,870
42,7
06
1,6
12
Unlisted
SVIC #6
2005.
7
Business
purpose
26,80
0
1
99.00
78,224
0
0
1
99.00
78,224
99,6
29
1,5
08
Unlisted
SVIC #7
2005.
7
Business
purpose
15,00
0
0
99.00
14,368
0
0
0
99.00
14,368
12,2
48
147
Unlisted
SVIC #14
2009.
5
Business
purpose
18,00
0
1
99.0
0
74,753
0
0
1
99.
00
74,753
86,0
96
3,3
45
Unlisted
Prosonic
2011.
2
Business
purpose
45,00
0
0
0
0
570
43,581
570
100
43,581
24.9
25
1,9
11
Equity
investment
Unlisted
Samsung
Medison
2011.
2
Business
purpose
286,3
84
0
0
0
77,31
9
445,005
77,319
65.76
445,005
358,
784
32,
690
Equity
investment
Unlisted
Samsung
Biologics
2011.
4
30,00
0
0
0
0
600
30,000
600
40.00
30,000
-
-
Equity
investment
Unlisted
Intellectual
Discovery
2011.
5
5,000
0
0
0
2,000
10,000
2,000
28.13
10,000
1,23
8
1,5
51
Equity
investment
Listed
Samsung Life
Insurance
2011.
1
0
0
0
0
0
0
0
0
0
133,
045,
073
906
,09
5
Others
Listed
Samsung
Heavy
Industries
1977.
9
125
40,676
17.6
1
1,675,83
6
0
260,325
40,676
17.6
1
1,936,1
61
17,9
95,4
80
888
,41
2
Listed
Samsung
Fine
Chemicals
1995.
5
1,346
2,165
8.3
9
179,476
-31,176
2,165
8.
39
148,300
1,27
1,20
8
85,
174
Listed
Hotel Shilla
1979.
12
252
2,005
5.0
1
55,631
-1,403
2,005
5.
01
54,228
1,17
3,69
2
49,
691
Listed
Cheil
Worldwide
1988.
9
185
2,999
2.6
1
41,532
5,998
2,999
2.
61
47,530
1,12
0,21
7
104
,99
2
Listed
A-TECH
SOLUTION
2009.
11
Business
purpose
26,34
8
1,592
15.9
2
33,432
-9,870
1,592
15.
92
23,562
160,
074
19,
079
Listed
SFA
2010.
5
Business
purpose
38,26
2
1,822
10.0
0
89,278
0
7,470
1,822
10.0
0
96,748
629,
623
39,
353
Listed
iMarket
Korea
2000.
12
Business
purpose
1,900
3,800
10.5
7
103,360
0
-35,340
3,800
10.
57
68,020
347,
396
21,
105
Participation
in
management,
etc.
Participation
in
management,
etc.
Participation
in
management,
etc.
Participation
in
management,
etc.
Participation
in
management,
etc.
Participation
in
management,
etc.
Participation
in
management,
etc.
0
0
0
0
Available-for-sale securities
Overseas
Unlisted
Samsung
Petrochemica
l
1978.
1
Unlisted
Samsung
General
Chemicals
1988.
7
Unlisted
KihyupTechn
ology
Banking
(previously
Kihyup
Finance)
1995.
10
Unlisted
PUSAN
NEWPORT
Unlisted
Participation
in
management,
etc.
Participation
in
management,
etc.
0
514
12.
96
58,940
781,
538
1,9
01
0
1,914
3.
91
65,321
1,14
3,62
3
153
,06
9
0
0
1,000
17.24
5,000
62,7
25
1,0
88
5,677
0
0
1,135
0.98
5,677
702,
566
6,8
18
0.39
366
0
0
72
0.39
366
194,
709
8,2
08
219
19.00
368
0
0
219
19.00
368
4,88
1
184
4,900
980
16.3
3
5,223
0
0
980
16.
33
5,223
48,2
07
2,5
24
8,000
1,083
7.46
0
0
0
1,083
7.46
0
0
0
100
514
12.9
6
58,940
1,500
1,914
3.
91
65,321
Business
purpose
5,000
1,000
17.24
5,000
1997.
9
Business
purpose
590
1,135
0.98
The Korea
Economic
Daily
1987.
5
Participation
in
management,
etc.
150
72
Unlisted
Brooks
Automation
Asia
1999.
6
Business
purpose
1,097
Unlisted
Samsung
Venture
Investment
Corporation
1999.
11
Business
purpose
Unlisted
Cyber Bank
2000.
12
Business
purpose
Unlisted
KT Skylife
2001.
12
Business
purpose
3,344
240
0.61
3,000
0
0
240
0.61
3,000
448,
079
24,
812
Unlisted
Fine Chips
2001.
12
Business
purpose
10
2
4.76
10
0
0
2
4.76
10
2,32
7
-52
Unlisted
World
Cyber Games
2003.
12
Business
purpose
1.166
450
45.00
0
0
0
450
45.00
0
1,38
5
118
Unlisted
SK Telink
2010.
11
Business
purpose
4,357
14
1.13
4,357
0
0
14
1.13
4,357
382,
291
40,
565
Unlisted
Etronics
2006.
11
Business
purpose
130
0
0.00
0
0
0
0
0.00
0
155,
468
7,6
30
Unlisted
Yongpyong
Resort
2007.
5
Business
purpose
1,869
400
1.05
1,869
0
0
400
1.05
1,869
837,
343
5,8
39
Unlisted
Trigem
Computer
2007.
12
Business
purpose
0.3
1
0.00
0
0
0
1
0.00
0
266,
555
6,5
14
Unlisted
Samsung
Bluewings
2008.
12
Business
purpose
2,000
400
100.00
2,000
0
0
400
100.0
0
2,000
4,51
1
-2
Unlisted
iCube
Investment
Union #1
2009.
12
Business
purpose
4,000
0
16.23
4,000
0
0
0
16.23
4,000
23,9
96
481
Unlisted
GES
20
100
1,500
0
0
20
100
1,500
WIC
60,00
0
600
18.46
0
0
600
18.46
Unlisted
Shinsung
Business
purpose
Business
purpose
Business
purpose
1,500
Unlisted
2010.
7
2010.
7
2010.
7
0.5
1
0.01
0
1
0.01
0
11,6
55
338,
491
207,
461
1,3
97
1,7
53
9,5
85
Unlisted
JNT
2011.
2
Business
purpose
1,800
0
0
0
0
1,800
0
24.00
1,800
4,96
8
-33
Equity
investment
Unlisted
SV
2011.
2
Business
purpose
1,850
0
0
0
0
2,035
0
14.23
2,035
6,18
3
238
Equity
investment
Unlisted
SECA
1992.
8
Establishment
of overseas
foothold
3,823
0
100.00
90,922
0
0
0
100.0
0
90,922
289,
651
15,
339
Unlisted
SEA
1978.
7
Establishment
of overseas
foothold
59,36
2
487
100.0
0
3,741,02
2
492
100.0
0
4,523,7
62
6,25
6,07
4
32,
973
Unlisted
SELA
1989.
4
Establishment
of overseas
foothold
319
40
100.00
86,962
40
100.0
0
86,962
167,
622
442
60,0
00
0
0
0
0
782,740
5
0
0
60,0
00
Capital
increase
Unlisted
SEM
1995.
7
Establishment
of overseas
foothold
3,032
1,770
82.73
90,214
0
0
1,770
82.73
90,214
998,
084
10,
830
Unlisted
SEASA
1996.
6
Establishment
of overseas
foothold
4,696
21,854
98.00
6,779
0
0
21,854
98.00
6,779
28,9
50
523
Unlisted
SEDA
1994.
1
Establishment
of overseas
foothold
13,22
4
25,623,
461
72.92
312,367
0
0
25,623,4
61
72.92
312,367
2,20
9,64
1
183
,60
7
Unlisted
CMLA LLC
2008.
2
Business
purpose
2,616
0
25.00
4,115
0
0
0
25.00
4,115
15,0
99
1,6
52
Unlisted
SESA
1989.
1
Establishment
of overseas
foothold
3,276
8,021
100.00
142,091
0
0
8,021
100.0
0
142,091
711,
986
19,
285
Unlisted
SENA
1992.
3
Establishment
of overseas
foothold
392
1,000
100.00
69,372
0
0
1,000
100.0
0
69,372
325,
310
18,
495
Unlisted
SEH
1991.
5
Establishment
of overseas
foothold
1,954
753
100.00
650,157
0
0
753
100.0
0
650,157
1,50
9,97
1
31,
051
Unlisted
SEP
1982.
9
Establishment
of overseas
foothold
204
1,751
100.00
37,616
0
0
1,751
100.0
0
37,616
154,
398
2,7
75
Unlisted
SEF
1991.
8
Establishment
of overseas
foothold
230
2,700
100.00
234,115
0
0
2,700
100.0
0
234,115
1,12
6,08
6
58,
032
Unlisted
SEUK
1995.
7
Establishment
of overseas
foothold
33,90
8
109,546
100.00
433,202
0
0
109,546
100.0
0
433,202
1,06
1,59
8
24,
688
Unlisted
SEHG
1982.
2
Establishment
of overseas
foothold
28,04
2
0
100.00
354,846
0
0
0
100.0
0
354,846
704,
367
58,
238
Unlisted
SEAG
2002.
1
Establishment
of overseas
foothold
40
0
100.00
32,162
0
0
0
100.0
0
32,162
236,
413
11,
665
Unlisted
SEI
1993.
5
Establishment
of overseas
foothold
862
677
100.00
143,181
0
0
677
100.0
0
143,181
879,
776
34,
188
Unlisted
SEBN
1995.
7
Establishment
of overseas
foothold
236
309,910
100
578,837
0
0
309,910
100
578,837
730,
016
18,
911
Unlisted
SELS
1991.
5
Establishment
of overseas
foothold
18,31
4
1,306
100.00
24,288
0
0
1,306
100.0
0
24,288
1,04
5,82
6
9,7
04
Unlisted
SEPOL
Establishment
of overseas
foothold
5,462
106
100.00
78,267
0
0
106
100.0
0
78,267
381,
350
16,
697
Unlisted
SSA
Establishment
of overseas
foothold
263
2,000
100.00
32,622
0
0
2,000
100.0
0
32,622
437,
583
618
1996.
4
1998.
12
Unlisted
SESK
2002.
6
Establishment
of overseas
foothold
8,976
0
55.69
263,767
0
0
0
55.69
263,767
1,42
8,84
7
183
,21
9
Unlisted
SEEH
2008.
1
Establishment
of overseas
foothold
4,214
0
100.0
0
173,720
0
34,713
0
100.0
0
208,433
589,
734
41
Unlisted
SELSK
2007.
3
Establishment
of overseas
foothold
28,24
4
0
0.01
11
0
0
0
0.01
11
351,
417
24,
090
Unlisted
SEO
1997.
1
Establishment
of overseas
foothold
120
0
100.00
-10,043
0
0
0
100.0
0
-10,043
203,
888
170
Unlisted
SRSC
1997.
11
Establishment
of overseas
foothold
707
0
100.00
8,211
0
0
0
100.0
0
8,211
29,8
64
3,9
97
2006.
1
Establishment
of overseas
foothold
24,87
7
0
100.00
180,079
0
0
0
100.0
0
180,079
1,53
4,02
9
82,
954
Unlisted
SERC
Unlisted
SERK
2007.
7
Establishment
of overseas
foothold
4,600
0
100.00
204,555
0
0
0
100.0
0
204,555
868,
331
201
,06
6
Unlisted
SEAU
1987.
11
Establishment
of overseas
foothold
392
53,200
100.00
111,964
0
0
53,200
100.0
0
111,964
479,
580
28,
711
Unlisted
SEMA
1989.
9
Establishment
of overseas
foothold
4,378
16,247
100.00
153,602
0
0
16,247
100.0
0
153,602
243,
085
5,6
16
Unlisted
SGE
1995.
5
Establishment
of overseas
foothold
827
0
100.00
32,798
0
0
0
100.0
0
32,798
196,
587
3,5
12
Unlisted
SEIN
1991.
8
Establishment
of overseas
foothold
7,463
46
99.99
118,909
0
0
46
99.99
118,909
482,
932
9,3
95
Unlisted
SDMA
1995.
3
Establishment
of overseas
foothold
21,87
6
71,400
75.00
244,382
0
0
71,400
75.00
244,382
814,
898
85,
082
Unlisted
SIEL
1995.
8
Establishment
of overseas
foothold
5,414
216,787
100.00
75,263
0
0
216,787
100.0
0
75,263
959,
651
8,4
38
Unlisted
SAPL
1990.
12
Establishment
of overseas
foothold
364
42,911
70.00
301,166
0
0
42,911
70.00
301,166
936,
784
3,8
62
Unlisted
SAVINA
1995.
1
Establishment
of overseas
foothold
5,839
0
80.00
23,428
0
0
0
80.00
23,428
121,
072
10,
847
1988.
1
Establishment
of overseas
foothold
1,390
11,020
91.83
279,163
0
0
11,020
91.83
279,163
923,
598
174
,46
3
Unlisted
TSE
Capital
increase
Unlisted
STE
1996.
1
Establishment
of overseas
foothold
4,206
0
49.00
4,474
0
0
0
49.00
4,474
49,3
79
291
Unlisted
SEPHIL
2001.
3
Establishment
of overseas
foothold
12,93
4
9,876
100.00
78,919
0
0
9,876
100.0
0
78,919
344,
031
60,
279
Unlisted
SISO
2005.
5
Establishment
of overseas
foothold
7,358
17
100.00
31,787
0
0
17
100.0
0
31,787
89,9
47
9,2
99
Unlisted
SME
2003.
5
Establishment
of overseas
foothold
4,796
17,100
100.00
7,644
0
0
17,100
100.0
0
7,644
489,
344
2,8
08
Unlisted
SEAH
2006.
7
Establishment
of overseas
foothold
793
652,281
100.00
534,402
71,11
4
11,222
723,395
100.0
0
545,624
672,
761
6,9
43
Unlisted
SEHK
1988.
9
Establishment
of overseas
foothold
349
274,250
100.00
79,033
0
0
274,250
100.0
0
79,033
947,
935
11,
589
Unlisted
SET
1994.
11
Establishment
of overseas
foothold
456
27,270
100.00
112,949
0
0
27,270
100.0
0
112,949
1,87
3,21
1
36,
257
Unlisted
SESS
1994.
12
Establishment
of overseas
foothold
18,87
5
0
100.00
483,923
0
0
0
100.0
0
483,923
618,
680
60,
792
Unlisted
SCIC
1996.
3
Establishment
of overseas
foothold
23,25
3
0
100.00
511,641
0
0
0
100.0
0
511,641
2,18
6,63
2
111
,57
3
Unlisted
SEHZ
1992.
12
Establishment
of overseas
foothold
792
0
89.46
255,535
0
0
0
89.46
255,535
1,59
7,96
8
208
,95
2
Unlisted
SSEC
1995.
4
Establishment
of overseas
foothold
32,12
8
0
78.19
130,551
0
0
0
78.19
130,551
605,
353
2,2
78
Unlisted
TSEC
1993.
4
Establishment
of overseas
foothold
15,06
4
0
48.19
118,127
0
0
0
48.19
118,127
713,
648
68,
589
Unlisted
SSDP
1993.
8
Establishment
of overseas
foothold
4,446
0
90.00
65,319
0
0
0
90.00
65,319
15,8
58
4,3
60
Unlisted
TSTC
2001.
3
Establishment
of overseas
foothold
10,81
3
0
90.00
490,041
0
0
0
90.00
490,041
1,17
1,84
7
169
,49
9
Unlisted
SSTC
2001.
11
Establishment
of overseas
foothold
15,79
9
0
100.00
-1,186
0
0
0
100.0
0
-1,186
15,8
58
4,3
60
2002.
2
Establishment
of overseas
foothold
6,009
0
60.00
102,196
0
0
0
60.00
102,196
270,
197
25,
045
Unlisted
SSKMT
Capital
increase
Unlisted
SESL
2002.
11
Establishment
of overseas
foothold
18,38
2
0
100.00
313,397
0
0
0
100.0
0
313,397
473,
071
33,
707
Unlisted
SESC
2002.
9
Establishment
of overseas
foothold
5,471
0
87.60
34,028
0
0
0
87.60
34,028
1,34
4,18
9
84,
268
Unlisted
SSS
2001.
1
Establishment
of overseas
foothold
1,200
0
100.00
19,189
0
0
0
100.0
0
19,189
1,52
8,25
3
38,
112
Unlisted
SEHF
2004.
4
Establishment
of overseas
foothold
17,20
4
0
100.00
85,088
0
0
0
100.0
0
85,088
72,5
56
6,4
12
Unlisted
SSCR
2006.
9
Establishment
of overseas
foothold
3,405
0
100.00
9,332
0
0
0
100.0
0
9,332
12,8
31
1,1
55
Unlisted
SJC
1975.
12
Establishment
of overseas
foothold
273
795
50.96
211,370
0
0
795
50.96
211,370
2,51
3,19
0
22,
137
Unlisted
SYRI
1992.
8
Establishment
of overseas
foothold
3,120
122
100.00
92,583
0
0
122
100.0
0
92,583
198,
700
1,6
02
Unlisted
TSST Japan
2004.
3
Establishment
of overseas
foothold
1,639
0
49.03
11,137
0
0
0
49.03
11,137
379,
447
48,
564
Unlisted
TSOE
2010.
4
Establishment
of overseas
foothold
33,83
7
167,199
81.98
93,154
0
0
167,199
81.98
93,154
271,
986
52,
012
Unlisted
SOG
2010.
4
Establishment
of overseas
foothold
0
0
100.00
0
0
0
0
100.0
0
0
11,5
57
3,4
20
Unlisted
SDIB
1996.
9
Business
purpose
3,110
586
0.08
0
0
0
586
0.08
0
67,6
30
26,
696
Unlisted
Semiconduct
or Portal
2002.
12
Business
purpose
38
0
1.21
10
0
0
0
1.21
10
3,55
5
2
Unlisted
SECH
2002.
12
Business
purpose
691
0
4.10
597
0
0
0
4.10
597
213,
467
-3
Unlisted
MTLD Top
Domain Ltd.
2005.
12
Business
purpose
754
0
0.00
0
0
0
0
0.00
0
17,8
07
6,1
07
Unlisted
FTS
2008.
12
Business
purpose
1,952
116
41.50
563
0
0
116
41.50
563
4,25
7
374
Unlisted
PIXTRONIC
S
2009.
12
Business
purpose
3,534
1,025
3.09
3,535
0
0
1,025
3.09
3,535
6,80
7
Unlisted
Nanosys,Inc
2010.
8
Business
purpose
4,774
3.33
4,774
0
0
3.33
4,774
41,9
53
Listed
Rambus
2010.
1
Business
purpose
1,854
9,576
223,363
0
-71,804
9,576
151,559
755,
287
Listed
INPHI
Business
purpose
4,171
1,171
26,792
0
-10,185
1,171
16,607
181,
036
2005.
10
Total
2,869,
424
3,493
8.
30
6.
40
25,282,5
70
2,187,560
3,493
8.
30
6.
40
10,
751
3,7
22
171
,87
9
29,
761
27,470,
130
※ The cost for acquisition (or disposal) includes increases or decreases in the cost that do not
accompany money transactions such as fair value measurement and impairment measurement.
IV. Management and Employees
□ Employees
(As of June 30, 2011)
Business
division
/gender
Finished
products
Components
Others
Total
Male
Female
No. of employees
Regular Contract- Others
based
Total
42,904
1,011
-
43,915
52,265
3,728
98,897
68,157
30,740
274
274
1,559
1,093
466
-
52,539
3,999
100,453
69,247
31,206
(# of persons, year, million won)
Average Total
Average Note
length of wage
wage
service
per
capita
8.0
3,339,823
33.1
9.1
5.7
2,629,726
710,097
38.1
22.3
※ The number of employees on parent-company basis
※ Provisioning for labor cost is excluded.
□ Remuneration for the Management
< Remuneration approved at shareholders’ meeting >
No. of persons
Executive directors
Independent directors
3
4
Amount approved at
shareholders’ meeting
370
(100 million won)
Note
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