Song Jung a reporting in Financial Times about Samsung Electronics is facing

Song jung a reporting in financial times about

This preview shows page 4 - 8 out of 28 pages.

Financial Times about Samsung Electronics is facing largest fall in quarterly profits as oversupply drove down of Samsung product in 2008 financial crisis. (Jung-a, S. 2016).Therefore, Samsung company will indeed to reduce the expense on their business operation for achieve minimum costing. Point 2Figure 1 Korea WON exchange USDAsia Pacific Country currencies fluctuation is instability situation because of crude oil price drove down and America Bank interest rate increase. According the currencies graph in figure 1, KRW exchange US dollar is remain at high exchange rate. As a result of KRW currencies exchange with USD is increase , transportation expense between Korea and US country will be increase and Samsung had to increase their product price for reduce the gaps of exchange rate , it will impact the sales demand in the market.Social Factor
Background image
Provide an education on knowledge smartphone for least education countryCreate more career expectations for the society are expectedPoint 1There are some of the country is belong least education level like Africa. If Samsungindeed to expand their sales market or productive component in the country, Samsungwill require provide a good education for the country citizen to understand howessential a smartphone could changing their lifestyle.Point 2According Cynthia Kim report, majority of college graduate failed apply a job onslowing economic growth situation and South Korea unemployment rate at last monthis rose six – year high. Samsung Company can develop a new plant for the newgraduate people to achieve a better future prospect in Samsung (Kim, C. 2016).Technological Factor Innovation idea for new technologies
Background image
Faces copyright issue with competitorPoint 1 There are various competitor of Samsung is keeping innovation new idea forenhancement their product. Hence Therefore, Samsung should be not remain theirtechnology knowledge and require keeping discovery or innovation new technologysystem for ahead competitor. Example: Samsung is innovation the water prooftechnologic for Samsung S7 and S7 edge.Point 2Samsung is not a first leading innovator or electronic device manufacture company inthis world. In 2015, patent battle between Apple and Samsung is a one of famouslawsuit case in US. On this Patent lawsuit case, Samsung agree pay 548 million USDto Apple Company about over alleged patent violation (Reisinger, D). Therefore,Samsung need dealing on pattern and design copyright before innovate electronicdevices.. Legal Factor Sales taxes and tariff differs in various countries where Samsung operates.
Background image
Faces strict regulations and law patents about wireless communications regulations.Faces heavy penalties for the allegation of imitation of Apple’s iPhone’s design.
Background image
Image of page 8

You've reached the end of your free preview.

Want to read all 28 pages?

  • Winter '16
  • Management, Samsung Electronics, Samsung Group

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes