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

Song jung a reporting in financial times about

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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
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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
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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.
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Faces strict regulations and law patents about wireless communications regulations.Faces heavy penalties for the allegation of imitation of Apple’s iPhone’s design.
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  • Winter '16
  • MANAGEMENT
  • Management, Samsung Electronics, Samsung Group

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