> 6 7 1 2 3 4 24% 30% 8 9 $ 36.4 billion 2003 2002 $ 33.2 billion 2001 $ 6.0 billion $ 26.9 billion 2003 2002 2001 $ 5.6 billion $ 6.2 billion $ 2.9 billion 2003 2002 $ 3.5 billion 2001 $ 3.5 billion 2003 2002 2001 $ 1.9 billion -23.0% 2002 -23.8% 2001 -0.6% $ 2.5 billion $ 2.0 billion 10 11 12 13 > 14 15 >> 16 more than home RH2777AT Homepad Internet Refrigerator more than work M-35 Notebook PC DVD-L1200W Portable DVD Player more than mobile 28 29 SCD5000 X10 PC John Lavoie Jonas Tanenbaum 30 31 SCH-V330 CE1150 32 33 4Gbit NAND RH2777AT Sergey Konovalov 34 35 130 CIS 57 Sergey Zhidkov TFT-LCD TV 36 RESEARCH AND DEVELOPMENT >> 37 Mobile Pac with Brain Core Smile-bot 38 39 UB Pad & UB Weaver UB Sync 40 41 Personal Work Station e-post it 44 45 46 47 48 FINANCIAL OVERVIEW 2003 50 52 55 57 58 62 64 53 34 34 33 2002 2001 1 1 1 1 2002 2001 12 12 33 34 31 31 34 33 : 2002 2001 1 1 1 1 2002 2001 12 12 31 31 (22,359,606) (7,840,595) (12,079,994) (8,198,635) (11,002,451) (9,807,271) 59 1,268,209 1,409,380 4,246,836 4,273,002 4,677 2,353 1,744,897 1,744,897 940 354 1,121,180 204 16,287 45,414 1,381,429 56,523 8 1,104,885 166 13,563 55,961 136 65 7,084,713 18,274 562 (25,720,972) (13,482,409) 1,399,703 - 33 13,427 3,533 95 1,904 38,921 45,229 129 38,792 338,732 313,070 268,629 402,006 719,801 414,553 360,442 - 3,955 8,957 39 45 (17,189,204) (14,225,713) 21 715,825 883 65,384 243,600 1,364 404,763 175,095 4,077,181 159,301 242,236 384,222 1,279 158,022 362,269 163,062 157,480 8,687 4,051 728,528 285,406 3,472,958 3,348,653 79,272 23,701,269 (2,272,723) 62,775 115,180 295,194 355,363 14,206 45,329 1,067,893 835,085 804,027 702,474 132,004 133,285 103,859 86,007 1,236,922 206,134 2,917,996 64,609 169,579 18,453,300 9,677,538 800,955 150,752 554,962 234,188 14,023,731 (2,479,958) 1,888,914 1,942,063 11,042,960 7,410,340 1,112,930 435,967 51,014 732,038 380,892 144,903 99,738 37,935 106,968 1,335,104 1,279,696 144,007 71,328 (333,133) (293,298) 4,300 6,505 208,789 219,397 120,044 67,396 39,203,381 34,439,600 55 34 34 33 2002 2001 1 1 1 1 2002 2001 12 12 33 34 31 31 34 33 1 1 2002 2001 12 12 31 31 (8,418,665) (895,241) (889,147) 1,861,180 1,657,337 775,774 769,680 119,467 119,467 (6,218,818) (5,924,907) 1,872,899 2,686,998 4,074 171,166 1,868,825 129,795 350,147 388,711 356,898 4,071,741 2,161,407 1,877,157 1,861,920 1,853,166 884,012 1,227,607 (24,409,709) (19,492,068) 444,789 444,789 828,651 1,050,503 414,916 5,292 - 1 1 (9,191,898) 2,688,805 1,807 2002 2001 33 4,512,101 4,512,101 438,986 204,815 204,815 1,596 510,750 510,750 - 164,982 164,982 - 8,436,458 8,436,458 167,749 167,749 1,045,211 24,070 3,777 (597,008) (1,710,645) 119,780 1,205,552 5,920 18,549 800,000 800,000 4,250,393 4,250,393 31 113,860 - 189,491 32,282 410 263,848 157,209 816,293 53,085 210,763 662,113 16,587 473,767 1,187,003 ((-)2,109,293) ((-)1,995,832) (-)3,457,834 (-)2,462,091 - 19,194 325,939 378,655 (-)122,238 264,264 - 48,205 9,788,906 10,129,310 704,316 588,497 - 29,414,475 24,310,290 39,203,381 34,439,600 57 34 34 33 2002 2001 1 1 1 1 2002 2001 12 12 33 34 31 31 34 33 43,582,016 2002 2001 1 1 1 1 2002 2001 12 12 33 31 31 18,091 40,511,563 9,348,628 12,148,215 34,233,388 28,363,348 29,518,753 15,140 26,945,866 708,723 699,357 370,170 292,890 473,655 394,628 11,972 470,543 442,938 27,838,224 26,904,878 2,116,742 2,289,795 30,425,509 29,637,611 3,286 548,787 2,221,202 20,065 357,969 470,543 420 269,861 348,478 267,780 272,623 286,673 14,063,263 13,565,697 6,870,561 6,321,025 605,600 536,103 51,003 77,776 663,904 594,493 1,357394 1,165,298 78,998 132,434 53,798 39,632 7,244,672 7,192,702 51,810 25,335 1,290,398 110,374 2,498,657 1,115,155 10,788 239,028 245,288 66,749 11,177 3,293 36,514 169,119 487,724 1,031,357 44,623 44,838 11,401 9 93,270 10,259 292,696 17,782 295,269 20,508 13,415 56,957 15,688 - 1,067,772 28,242 12,807 650 3,744 22,844 27,601 287 5,937 1,243 59 34 34 33 2002 2001 1 1 1 1 2002 2001 12 12 33 34 34 33 31 31 2002 2001 1 1 1 1 2002 2001 12 12 31 31 2003 2002 2 2 28 28 16 2,852,779 4,917,672 1,458 - 33 32 31 1,324 21,482 (9,875) 272,036 (81,541) (84,313) 5,958,998 2,946,935 872,863 1,403,367 95,656 100,501 2,042 9,950 62,933 83,360 - - 2,852,747 4,917,641 926 3,000 500 42,206 1,000,000 1,000,000 355,767 222,905 805,143 254,187 34,182 17,547 (805,143) (254,187) 2,500,000 1,598,060 - - - 204,678 609,498 - 35,309 104,562 129,656 3,664 21,387 774 - 6,904,490 8,870,466 - - - - 6,904,490 8,870,466 945,492 1,818,705 5,958,998 7,051,761 31 32 61 34 34 33 2002 2001 1 1 1 1 2002 2001 12 12 33 34 31 31 34 33 11,193,197 9,848,418 2002 2001 1 1 1 1 2002 2001 12 12 33 31 31 12,807 28,242 5,958,998 7,051,761 1,243 5,051,073 4,623,823 1,458 3,691,217 3,097,614 - 69,902 58,049 1,454 257,011 277,515 4,354 13,236 62,933 83,360 16 - 414,092 13,053 - 646,727 684,615 926 (347,302) (182,864) 17,547 (109,906) (76,902) 129,656 (117,448) (77,546) 3,664 (111,424) (39,057) 21,387 (5,562) (6,790) 774 (4,549) (1,082) - (366,962) (416,368) - 2,142 12,324 140,572 197,393 199,654 129,143 7,338 7,047 (95,041) (127,175) 34,182 30,620 9,960 38,565 6,783 1 281,988 486,295 23,070 28,961 344,043 1,178,914 124,633 252,196 (22,831) (46) - 424,537 (103,756) (86,849) 925 594 514,926 1,167,002 2,607 3,132 - 1,324 (95,112) (117,891) 9 10,259 (8,462,077) (7,644,162) 4,321,498 13,415 56,957 - 1,067,772 271,912 650 2,048 3,811,520 63 34 34 33 2002 2001 1 1 1 1 2002 2001 12 12 33 31 31 34 34 33 2002 2001 1 1 1 1 2002 2001 12 12 33 31 31 3,255,649 38,454 98,165 618 - 223,525 30,135 13,002 11,545 127,994 365,257 25,667 409,331 3,160 1 701,331 210,062 23,531 199,269 3,072,198 2,721,442 27,912 2,600 (2,312,111) (2,345,427) 726,771 - 1,766 375 12 - 11,455,682 12,783,575 - 2,440,498 835,611 183,340 634 1,991,123 13,732 871 12,124 - 3,375,187 34,460 - 910,192 337,899 134,692 1,978,562 1,499,843 13,791 66,640 72,084 141,171 419,009 1,409,380 990,371 1,268,209 1,409,380 369,284 9,491 2,032 14,074 2,444 200,182 66,902 70,445 3,867,769 62 63 For the years ended December 31, 1999-2003 2003 2002 2001 2000 1999 2003 2002 2001 In millions of Korean won : 2000 1999 In thousands of U.S. dollars : 9,848,628 11,075,060 10,509,895 10,903,384 8,850,625 $ 7,810,048 $ 9,252,348 $ 7,926,014 $ 8,660,353 34,233,388 28,738,049 21,870,480 23,380,368 17,267,161 28,599,322 24,008,395 16,493,575 18,570,586 15,080,490 43,582,016 39,813,109 32,380,375 34,283,752 26,117,786 $ 36,409,370 $ 33,260,743 $ 24,419,589 $ 27,230,939 $ 22,810,293 29,518,753 26,300,562 24,514,733 21,993,377 17,661,172 24,660,612 21,972,065 18,487,732 17,468,926 15,424,604 14,063,263 13,512,547 7,865,642 12,290,375 8,456,614 11,748,758 11,288,678 5,931,857 9,762,013 7,385,689 6,870,561 6,034,352 5,570,308 4,855,220 3,975,114 5,739,817 5,041,230 4,200,836 3,856,410 3,471,715 7,192,702 7,478,195 2,295,334 7,435,155 4,481,501 6,008,941 6,247,448 1,731,021 5,905,603 3,913,974 198,900 : : 250,205 248,581 126,455 156,427 227,741 209,027 207,670 95,365 124,247 295,269 292,696 239,249 299,070 267,472 246,674 244,525 180,429 237,546 233,600 13,415 56,957 47,386 34,122 261,416 11,207 47,583 35,736 27,102 228,311 - 1,067,772 784,790 871,327 298,242 - 892,040 591,848 692,079 260,474 556,266 457,950 622,624 649,446 592,473 464,717 382,581 469,551 515,843 517,444 1,115,155 2,123,956 1,820,504 2,010,392 1,647,345 $ 931,625 $ 1,774,399 $ 1,372,929 $ 1,596,817 1,438,729 : Diluted earnings per share $ 7,729,803 : 95,656 100,501 205,145 343,367 721,199 79,913 83,961 154,709 272,730 629,868 355,767 222,905 242,918 279,049 280,491 297,216 186,220 183,196 221,643 244,970 34,182 17,547 91,492 237,838 106,595 28,556 14,659 68,999 188,911 93,096 228,916 - - - - 191,241 - - - - 54,129 - - 339,646 120,210 - - - 283,748 100,426 - - - 349,200 270,522 439,546 638,479 726,334 291,730 226,000 331,484 507,131 634,353 1,403,367 731,685 1,033,231 1,498,733 1,834,618 $ 1,172,404 $ 611,266 $ 779,209 $ 1,190,415 $ 1,602,287 $ 5,768,162 $ 7,410,581 $ 2,324,741 $ 6,312,005 $ 3,750,416 6,904,490 8,870,466 3,082,607 7,946,814 4,294,227 - 122,029 - - 153,634 - - - 232,540 - - 266,258 $ 5,768,162 $ 7,410,581 $ 2,324,741 $ 6,434,034 $ 3,517,876 6,904,490 8,870,466 3,082,607 8,100,448 4,027,968 789,885 1,519,386 102,316 1,656,806 $ 748,965 945,492 1,818,705 135,672 2,085,918 857,566 $ 4,978,277 $ 5,891,195 $ 2,222,425 $ 4,777,228 $ 2,768,911 5,958,998 7,051,761 2,946,935 6,014,530 3,170,403 $ 30 $ 35 $ 13 $ 28 $ 17 36,356 42,005 17,461 35,006 19,214 $ 30 $ 35 - - - 35,930 41,603 - - - 40,821 Diluted earnings per share 64 65 For the years ended December 31, 1999-2003 2003 2002 2001 2000 1999 2003 2002 2001 In millions of Korean won : 2000 1999 In thousands of U.S. dollars : 15,489,393 17,997,032 15,053,463 13,555,680 9,721,920 $ 12,931,535 $ 14,997,527 $ 11,352,536 $ 10,767,021 $ 8,490,760 49,328,063 41,571,629 31,390,305 29,972,126 22,365,794 41,182,220 34,643,024 23,672,930 23,806,296 19,533,444 64,817,456 59,568,661 46,443,768 43,527,806 32,087,714 $ 54,113,755 $ 49,640,551 $ 35,025,466 $ 34,573,317 $ 28,024,204 42,254,372 37,048,641 32,772,148 27,638,607 21,476,416 35,276,650 30,873,868 24,715,043 21,952,825 18,756,695 18,766,683 10,310,423 12,620,492 $ 9,267,509 22,563,084 22,520,020 13,671,620 15,889,200 10,611,298 - 16,265,344 13,370,703 9,835,150 6,828,860 5,222,306 13,579,349 11,142,253 7,417,157 5,424,034 4,560,965 6,297,740 9,149,317 3,836,470 9,060,340 5,388,992 5,257,756 7,624,430 $ 2,893,266 $ 7,196,458 $ 4,706,544 310,703 307,493 205,074 242,177 457,336 259,395 256,244 154,656 192,356 399,420 871,796 611,362 599,486 478,151 480,156 727,831 509,468 452,101 379,787 419,351 246,168 235,601 87,491 161,336 313,331 205,516 196,334 65,981 128,146 273,651 884,574 397,031 612,416 359,356 : : 873,860 1,063,888 827,936 771,033 411,463 729,554 2,302,527 2,218,344 1,719,987 1,652,697 1,662,286 $ 1,922,296 $ 1,848,620 $ 1,297,124 $ 1,312,705 $ 1,451,778 179,590 214,099 309,699 440,882 976,076 : : 215,113 256,919 410,660 555,070 - - - - 871,796 552,329 607,668 476,925 500,369 727,831 460,274 458,272 378,812 437,004 246,168 173,764 149,403 362,419 158,524 205,516 144,803 112,672 287,862 138,448 - - - - - - - 1,117,607 837,630 911,931 669,255 745,524 897,582 699,307 759,943 504,716 592,156 783,915 2,170,707 1,894,943 1,836,986 2,139,938 2,674,082 $ 1,812,244 $ 1,579,119 $ 1,385,359 $ 1,699,712 $ 2,335,443 6,429,560 9,569,039 3,834,429 8,573,099 4,377,197 $ 5,367,808 $ 7,974,199 $ 2,891,726 $ 6,809,451 $ 3,822,879 5,962,247 7,052,835 3,055,066 6,002,882 3,175,308 $ 4,977,664 $ 5,877,363 $ 2,303,972 $ 4,767,976 $ 2,773,195 66 67 • • • • • • • • • • 68 GLOBAL NETWORK www.sec.co.kr Tel: 82-2-727-7114 Fax: 82-2-727-7985 69 Tianjin Samsung Electronics Samsung Electronics Samsung India Display Co., Ltd. (TSED) H.K. Co.,Ltd. (SEHK) Electronics Ltd. (SIEL) Tel: 82-41-540-7114 Tianjin, China Hong Kong Fax: 82-41-540-7049 Tel: 86-22-2455-6242 Tel: 85-2-2862-6900 Tianjin Samsung Electronics Tianjin Shanghai Samsung Cikarang, Bekasi, Indonesia Samsung Electronics Co., Ltd. (TSEC) Samsung Telecommunication Semiconductor Co.,Ltd. (SSS) Tel: 62-21-893-4005 Philippine Manufacturing Tel: 82-41-529-7114 Tianjin, China Co.,Ltd. (TSTC) Shanghai, China Fax: 82-41-529-6049 Tel: 86-22-2532-3715 Tianjin, China Tel: 886-2-2758-9588 Tel: 91-1191-568251 Indonesia (SEIN) Tel: 82-31-200-1114 Fax: 82-31-200-1530 Tel: 86-22-2455-6242 Tel: 82-31-209-7114 Huizhou Samsung Electronics Fax: 82-31-209-7049 Corporation (SEPHIL) Samsung Electronics Calamba, Philippines Display (M) Sdn. Bhd. (SDMA) Tel: 63-49-545-9153 Samsung Electronics Seremban Malaysia Tel: 60-6-678-7914 Co., Ltd. (SEHZ) Shanghai Samsung Mobile Beijing (SEBJ) Tel: 82-62-950-6114 Huizhou, China Communications Co.,Ltd. (SSM) Beijing, China Fax: 82-62-950-6019 Tel: 86-752-332-1401 Shanghai, China Tel: 86-10-6510-1234 Tel: 86-21-5055-1620 Tel: 82-54-460-2114 Fax: 82-54-460-2111 New Delhi, India P.T. Samsung Electronics Tianjin Tongguang Thai Samsung Electronics Co., Ltd. (TSE) Samsung Electronics Sriracha Cholburi, Thailand Australia Pty. Ltd. (SEAU) Tel: 66-2-681-0501 Sydney, Australia Samsung Electronics Co., Ltd. Shenzhen Samsung Kejian Samsung Electronics (TTSEC) Mobile Telecommunication Shanghai (SESH) Tianjin Tongguang, China Technology Co.,Ltd. (SSKMT) Shanghai, China Samsung Electronics Tel: 86-22-2628-0629 Shenzhen, China Tel: 86-21-6270-4168 Malaysia Sdn. Bhd. (SEMA) Samsung Asia Port Klang, Malaysia Private Ltd. (SAPL) Tel: 60-3-376-1068 Singapore, Singapore Tel: 86-755-668-0200 Samsung Electronics Shandong Tel: 61-2-9638-5200 Samsung Telecommunications Samsung Electronics Suzhou Guangzhou (SEGZ) Co., Ltd. (SST) Semiconductor Co., Ltd. (SESS) Guangzhou, China Samsung Vina Electronics Weihai, China Suzhou, China Tel: 86-20-3879-2268 Co., Ltd. (SAVINA) Samsung Electronics Tel: 86-631-562-6868 Tel: 86-512-761-2297 Ho Chi Min City, Vietnam Philippines Co. (SEPCO) Tel: 84-8-896-5500 Manila, Philippines Samsung Electronics Suzhou Samsung Taiwan Co.,Ltd. (SET) Electronics Co., Ltd. (SSEC) Taipei Tel: 86-2-2728-8310 Suzhou, China Tel: 86-512-532-1234 Tel: 65-8333-200 Tel: 63-2-526-3796 Samsung Japan Samsung China Corporation (SJC) Investment Co.,Ltd. (SCIC) Tokyo, Japan Beijing, China Tel: 81-3-5641-9800 Tel: 86-10-6566-8130 70 71 C I S Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics France S.A.S. (SEF) Logistics B.V. (SELS) Puteaux, France Delft, The Netherlands Tel: 33-1-5568-4000 Tel: 31-15-219-6100 Samsung Electronics & Latinoamerica Samsung Electronics (Zona Libre), S.A. Samsung Gulf Electronics Samsung Mexicana America, Inc. (SEA) (SELAPA) FZE (SGE) S.A. DE C.V. (SAMEX) Ridgefield Park, Panama, Panama Tel: 50-7-210-1122 Russia Co.,Ltd. (SER) Hungarian Co., Ltd. (SEH) Moscow, Russia Budapest, Hungary Samsung Electronics Samsung Electronica Dubai, U.A.E. Tijuana, CA, Mexico New Jersey, U.S.A. Tel: 7-095-797-2344 Tel: 36-1-250-2311 Italia S.P.A. (SEI) Iberia, S.A. (SESA) Tel: 971-4-225747 Tel: 1-619-671-6000 Tel: 1-201-229-4000 Cernusco sul Nariglio, Italy Barcelona, Spain Samsung Electronics Samsung Electronics Samsung Telecommunications Latinoamerica Samsung Electronics Samsung Electronics Kiev Office (SEU) Slovakia (SESK) Kiev, Ukraine Tel: 380-44-490-6878 Tel: 39-2-921891 Tel: 34-93-862-9600 South Africa Ltd. (SSA) Mexico S.A. DE C.V. (SEM) America, Inc. (STA) Miami, Inc. (SELAMI) GLANTA, Slovakia Samsung Electronics Samsung Semiconductor Bryanston, South Africa Mexico city, Mexico Richardson, Texas, U.S.A. Miami, U.S.A. Tel: 421-31-7882-500 Nordic Aktiebolag (SENA) Europe GMBH (SSEG) Tel: 27-11-549-1510 Tel: 52-55-5686-0800 Tel: 1-972-761-7005 Tel: 1-305-594-1090 Upplands Väsby, Sweden Schwalbach/TS., Germany Tel: 46-8-590-96600 Tel: 49-6196-663-300 Samsung Austin Samsung Electronics Samsung Electronics Semiconductor (SAS) Canada Inc. (SECA) Latinoamerica Samsung Semiconductor Austin, Texas, U.S.A. Ontario, Canada Colombia S.A. (SAMCOL) Tel: 1-512-672-1000 Tel: 1-905-819-5060 Santafe de Bogota, Colombia Samsung Electronica Samsung Semiconductor Da Amazonia LTDA (SEDA) Inc. (SSI) Samsung Electronics Sao Paulo, Brazil San Jose, California, U.S.A. Samsung Electronics Poland Sp.ZO.O (SEPOL) Tel: 55-11-5641-8500 Tel: 1-408-544-4000 GMBH (SEG) Warsaw, Poland Schwalbach/TS., Germany Tel: 48-22-607-4400 Samsung Electronics Overseas B.V. (SEO) Delft, The Netherlands Tel: 31-15-219-6100 Samsung Electronics Samsung Electronics Samsung Electronics BENELUX B.V. (SEBN) Europe Ltd. (SSEL) U.K. Ltd. (SEUK) Delft, The Netherlands London, U.K. Chertsey, U.K. Tel: 31-15-219-6100 Tel: 44-181-380-7200 Tel: 44-1932-455000 Tel: 57-1-633-4470 America Distribution Center (ADC) Tel: 49-6196-661000 Samsung Telecoms San diego, U.S.A. Samsung Electronica U.K. (STUK) Tel: 1-858-642-5199 Portuguesa S.A. (SEP) Manchester, U.K. Linda-a-Pastora, Portugal Tel: 44-161-655-1125 Tel: 351-21-425-1000 Coming together