Cadbury plc- Rishte Pakne do (Hold on the Relations)

Hi everybody!!!! It been a long time since the last post. I got a bit positive result with last post on "Infosys". So with the same energy of encouragement, i am here in front of you.
 

So have a mug of coffee or tea, have a comfortable seat and concentrate on the page.

Almost 80 out of 100 loves chocolates a lot, that too if it is Bournville, Dairy Milk Crackle, Dairy Milk Roasted Almond, Dairy Milk Fruit and Nut, Dairy Milk Silk.......

Now the reader may thinks that 'DamnIt Stop Stop don't say more. I couldn't control. I'm SAliVAtiNG o_O'.

Why the hell am i speaking about all these nonsense?

The answer lies under the most delicious chocolates given above. If we observe it clearly then we come to a conclusion that ''Ohhh!!! yeah it is Cadbury''

If you thought so, then you are absolutely correct.


So my journal is about Cadbury plc now. Actually whenever we eat some chocolates then we get a small doubt as from which country is it?, How is possible to be delicious enough compared to others? Here i am going to post something about The great Cadbury which is running with successful profits and growth.
 

Here we go...
 

It is not a company which was started in early 90's or else.
It is not a company like many others who will have a less life cycle.

It is not even a company started with manufacturing facilities.
 

Cadbury plc is a British confectionery company, the industry's second-largest globally after the combined Mars-Wrigley. Cadbury was controversially acquired by Kraft Foods in February 2010, after integration the combined Cadbury and Kraft companies became the largest confectionery company in the world again.

Cadbury got a history of 1820's and withstood in the market since its 

introduction. It is not a company which creates many controversies and leaves the market quick. It is the company which drives the human values and works with respect of society, culture of the area and values of the people. This company got a history of nearly two centuries of static growth.
 

Cadbury is an innovative idea of a normal person. It is better to say ideas rather than idea because many products were introduced in the regular intervals in order to keep the interests of the public on the product. This affected competitors longer period existence in the market.
 

So if we go deeply how the products were introduced into market and the way they bound with the customers,
 

History:
In 1824, John Cadbury began selling tea, coffee, and drinking chocolate, which he produced himself, at Bull Street in Birmingham, England. John Cadbury later moved into the production of a variety of Cocoas and Drinking Chocolates being manufactured from a factory in Bridge Street, supplying mainly to the wealthy due to the high cost of manufacture at this time. During this time a partnership was struck between John Cadbury and his brother Benjamin. At this time the company was known as 'Cadbury Brothers of Birmingham'.

In 1850s the industry received a much needed boost with the reduction in high import taxes on cocoa; this allowed chocolate to become more affordable to everyone.

Due to the popularity of a new expanded product line, including the very popular Cadbury's Cocoa Essence, the company's success led to the decision in 1873 to cease the trading of tea. Around this time, master confectioner Frederic Kinchelman was appointed to share his recipe and production secrets with Cadbury, which led to an assortment of various chocolate covered items.

Having taken over the business in 1861, John Cadbury's sons Richard and George decided in 1878 that they needed to find new premises. Requiring better transport access for milk that was inward shipped by canal, and cocoa that was brought in by rail from London, Southampton and Liverpool docks, the Cadbury's started looking for a new greenfield site. In 1878 they acquired the Bournbrook estate, comprising 14.5 acres (5.9 ha) of countryside 5 miles (8.0 km) south of the outskirts of Birmingham.

Then after from 1900's they started to follow strategy of introducing new products of new flavors. Those are as follows

• 1865: Cocoa Essence
• 1875: Easter Eggs
• 1897: Milk Chocolate
• 1897: Cadbury Fingers
• 1905: Dairy Milk
• 1908: Bournville Chocolate
• 1915: Milk Tray
• 1920: Flake
• 1923: Creme Egg
• 1929: Crunchie
• 1938: Roses
• 1948: Fudge
• 1960: Dairy Milk Buttons
• 1968: Picnic
• 1970: Curly Wurly
• 1974: Snack
• 1983: Wispa (relaunched 2007)
• 1985: Boost
• 1987: Twirl
• 1992: Time Out
• 1996: Fuse
• 2001: Brunch Bar, Dream and Snowflake
• 2010: Cadbury dairy milk silk, Wispa Gold(after relaunching, made permanent in   2010), Dairy Milk Bliss

These are the products which are introduced to make their position strong in the market. 

Gradually with the introduction of new products, they simultaneously started expanding their business to other parts of the world like Australia, New Zealand, India like so on to more than 200 countries in the world. 

Till now we got to know about the company's development. Now let us we know some negative angles of the company.

Controversial Issue of Acquisition by Kraft Foods:

On 7 September 2009 Kraft Foods made a £10.2 billion (US$16.2 billion) indicative takeover bid for Cadbury. The offer was rejected, with Cadbury stating that it undervalued the company.  Kraft launched a formal, hostile bid for Cadbury valuing the firm at £9.8 billion on 9 November 2009. Business Secretary Peter Mandelson warned Kraft not to try to "make a quick buck" from the acquisition of Cadbury. On 19 January 2010, it was announced that Cadbury and Kraft Foods had reached a deal and that Kraft would purchase Cadbury for £8.40 per share, valuing Cadbury at £11.5bn (US$18.9bn). Kraft, which issued a statement stating that the deal will create a "global confectionery leader", had to borrow £7 billion (US$11.5bn) in order to finance the takeover.

The acquisition of Cadbury faced widespread disapproval from the British public, as well as groups and organisations including trade union Unite, who fought against the acquisition of the company which, according to Prime Minister Gordon Brown, was very important to the British economy. Unite estimated that a takeover by Kraft could put 30,000 jobs "at risk", and UK shareholders protested over the Mergers and Acquisitions advisory fees charged by banks. Cadbury's M&A advisers were UBS, Goldman Sachs and Morgan Stanley. Controversially, RBS, a bank 84% owned by the United Kingdom Government funded the Kraft takeover.

This was a great controversy because the great Cadbury's share was bought at just at 8.50 euro. Later on it was settled with the negotiations of the authorities with government and workforce. 

So by this my journal on Cadbury comes to last stage. Before leaving this post i wanna say some facts about the company. So here they are..

Conclusion:

Cadbury is the largest confectionary company in the world and has its presence in Beverages in Australia and Americas. The brands that are enjoyed in almost every country around the world are Schweppes, Halls, Trident, Dr Pepper, Snapple, Trebor, Dentyne, Bubblicious, and Bassett. 

- Cadbury's employs about 60,000 people in 200 countries 

- Cadbury is the no. 1 confectionary company in the world 

- Cadbury is the no. 2 gum company 

- Cadbury is the no. 3 beverages company

List of Cadbury products:

If it comes to the list of products of Cadbury, it is a bit difficult to post here because it contains a big product mix. So for the list of products, kindly visit this.. http://en.wikipedia.org/wiki/List_of_Cadbury_products

Cadbury plc

Type	Subsidiary of Kraft Foods
Industry	Confectionery
Founded	1824
Headquarters	Uxbridge, London, United Kingdom
Products	See list of Cadbury products
Revenue	GB£5,384 million (2008)
Operating income	GB£388 million (2008)
Net income	GB£364 million (2008)
Employees	71,657 (2008)
Parent	Kraft Foods

So friends, my work comes to an end. I hope that this time i did a bit hard work compared to earlier post.

Thanks for visiting my blog folks.

Keep smiling always and try to find enjoyment in every moment of life friends. 

                                                                 

                                                                                                                                                               ............ Koundinya

Infosys - Started with 10k, earning billions

Hi friends!!!!!!!

How are you all? After a long back your lovable friend strikes back again with a good journal. I hope that this is a good article.......

So if you are interested to know about something then grab a seat, get hold of coffee or tea and keep open the page. Lets start reading bore and interesting, motivating and unimportant article.......... 

Boredom or interesting depends on your perception.

May be you are thinking that who's this idiot all talking idiotic things. Am i right?

What ever you think........ I am going to start the topic.

Actually we all know that there are very few companies those are started from the grass rout level and leading the sectors. One among such companies is ''Infosys Technologies Limited" shortly 'Infosys'.

Typical situations faced:

We should know about Narayana Murthy and how did he faced typical situations at inception of his company. 

When Infosys started in 1981, there were seven people, and they put together about USD250 at current exchange rates. They were short of money, but they were very long on hope.

This down-to-earth man had to mortgage his wife Sudha's jewelry for Rs. 10,000 to put some funds in the company.

"IN 1981 MURTY WANTED TO START INFOSYS. HE HAD A VISION AND ZERO CAPITAL. . ....Typical of Murty, he just had a dream and no money. So I gave him Rs 10,000 which I had saved for a rainy day, without his knowledge and told him, This is all I have. Take it." - Sudha Murthy

This is the situation faced by todays' one of the great entrepreneurs Narayana Murthy. As the phrase 'Behind every success of men there will be one women', Sudha murthy helped her husband to start a company. This proverb has come true in the life of Narayana murthy.

So what did you observe friends?

'Will' is enough to face any type of hurdles. 

Brief About Narayana murthy:

Nagavara Ramarao Narayana Murthy Born into a Kannada Madhwa Brahmin family in Mysore, India on August 20, 1946, Murthy graduated with a degree in electrical engineering from the National Institute of Engineering, University of Mysore in 1967 after attending government school, and received his master's degree from IIT Kanpur in 1969.

His first position was at IIM Ahmedabad as chief systems programmer where he worked on a time-sharing system and designed and implemented a BASIC interpreter for ECIL (Electronics Corporation of India Limited).

After IIM Ahmedabad, he then joined Patni Computer Systems in Pune. Before moving to Mumbai, Murthy met his wife Sudha Murthy in Pune who at the time was an engineer working at Tata Engineering and Locomotive Co. Ltd. (Telco, now known as Tata Motors) in Pune. In 1981, with an investment of Rs.10,000 ($250 at the time) from his wife, he founded Infosys with six other software professionals. He served as the president of the National Association of Software and Service Companies, India from 1992 to 1994. Mr. Murthy is the brother-in-law of serial entrepreneur Gururaj "Desh" Deshpande and the uncle of former NASSCOM Chairman and MphasiS chief Jerry Rao.

This is a brief all about Narayana murthy. Now let us move to the brief about one of the largest MNC's Infosys.

Infosys-True indication to growth:

Infosys is an information technology services company headquartered in Bengaluru, India. Infosys is one of the largest IT companies in India with 122,468 employees (including subsidiaries) as of 2010. It has offices in 33 countries and development centres in India, China, Australia, UK, Canada and Japan.

Infosys was founded on 2 July 1981 by seven entrepreneurs, Nagavara Ramarao Narayana Murthy, Nandan Nilekani, Kris Gopalakrishnan, S. D. Shibulal, K Dinesh and with N. S. Raghavan officially being the first employee of the company. The founders started the company with an initial investment of INR 10,000. The company was incorporated as "Infosys Consultants Pvt Ltd." in Model Colony, Pune as the registered office.

Infosys went public in 1993. Interestingly, Infosys IPO was under subscribed but it was bailed out by US investment banker Morgan Stanley which picked up 13% of equity at the offer price of Rs. 95 per share. The share price surged to Rs. 8,100 by 1999. By the year 2000 Infosys's shares touched Rs. 310 before the catastrophic incident of September 11th, changed all that.

According to Forbes magazine, since listing on the Bombay Stock Exchange till the year 2000, Infosys' sales and earnings compounded at more than 70% a year.In the year 2000, President of the United States Bill Clinton complimented India on its achievements in high technology areas citing the example of Infosys.^[11] Infosys will invest $100 million (Rs 440 crore) on establishing a 20,000-seater campus in Shanghai. 

In 2001, it was rated Best Employer in India by Business Today. Infosys was rated best employer to work for in 2000, 2001, and 2002 by Hewitt Associates. In 2007, Infosys received over 1.3 million applications and hired fewer than 3% of applicants.

Infosys was the only Indian company to win the Global MAKE (Most Admired Knowledge Enterprises) award for the years 2003, 2004 and 2005, and is inducted into the Global Hall of Fame for the same.

Promoters and their families hold 16%.Govt. of India enterprise with 3.84% can be termed as the single largest share holder. Govt. of UAE and Govt. of. Singapore also holds significant shares.Rest of the shares are owned by Financial institutions,Individual investors.

Infosys defines, designs and delivers technology-enabled business solutions that help Global 2000 companies win in a Flat World. Infosys also provides a complete range of services by leveraging our domain and business expertise and strategic alliances with leading technology providers.

In 2005, Infosys donated 10m rupees (about $226,000) to help with the effects of the 2005 Kashmir earthquake in Pakistan. Infosys does not currently have an office in Pakistan.

Actually after experiencing some profits, their efforts  comes true, they never stepped back. It is the few companies in the world to withstand in the bad ever rescission period.

In 2009, Narayana murthy's lectures delivered around the world have been published as a book A Better India: A Better World.

Vision

"To be a globally respected corporation that provides best-of-breed business solutions, leveraging technology, delivered by best-in-class people."

Mission

"To achieve our objectives in an environment of fairness, honesty, and courtesy towards our clients, employees, vendors and society at large."

Values

We believe that the softest pillow is a clear conscience. The values that drive us underscore our commitment to:

• Customer Delight: To surpass customer expectations consistently
• Leadership by Example: To set standards in our business and transactions and be an exemplar for the industry and ourselves
• Integrity and Transparency: To be ethical, sincere and open in all our transactions
• Fairness: To be objective and transaction-oriented, and thereby earn trust and respect
• Pursuit of Excellence: To strive relentlessly, constantly improve ourselves, our teams, our services and products to become the best 

After stepping down as CEO in 2002, he(Narayana Murthy) has broadened his scope of activities to social services as well as promoting India globally. He is now working as non-executive Chairman and Chief Mentor of Infosys.

 Now Kris Gopalakrishnan is acting CEO of the company.

Industry	IT services IT consulting
Founded	2 July 1981 (1981-07-02)
Founder(s)	N R Narayana Murthy Nandan Nilekani N. S. Raghavan Kris Gopalakrishnan S. D. Shibulal K Dinesh Ashok Arora
Headquarters	Bengaluru, Karnataka, India
Key people	N R Narayana Murthy (Chairman) Kris Gopalakrishnan (CEO & MD) S. D. Shibulal (COO & Director)
Products	Finacle
Services	Information technology consulting services, solutions and outsourcing.
Revenue	21,140 crore (US$4.59 billion) (31st March, 2010)
Operating income	7,472 crore (US$1.62 billion) (2010)
Profit	5,803 crore (US$1.26 billion) (2010)
Total assets	$6.150 billion (2010)
Total equity	$5.361 billion (2010)
Employees	122,468 (2010)
Divisions	Infosys BPO Infosys Consulting Infosys Public Services Infosys Australia Infosys Brazil Infosys China Infosys Mexico Infosys Sweden

That's all about one of the great Indian MNC's ''Infosys''.

Thanks to all of you my dear friends for encouraging me. I hope that this post is some what impressive. If you like then follow my blog guys. Please click on the ads. Then i can get some amount, with this i can change this blog to website. So hope you will do it friends. Comments necessary. 

Keep smiling always and live happy in every moment of your life.
Love All Hate None.......... is a simple four words  sentence helps you to lead happy life.

Hero Honda - Desh ki Dhadkan

Friends how are you all? Hope well guys. Hey friends i have been to Harry Potter and the deathly Hallows. Its really electrifying and astonishing. I enjoyed it very well guys. Thanks to David yates for presenting the film in such an interesting manner. 

Leave it guys. Im back here with some details about one company. It is one of the famous automobile company in India. These days i have been posting about some international companies but now im here to post about an indian company. The company is Hero Honda. If we go in to the details. Here they are......

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Hero Honda Motors Ltd. is the world's largest manufacturer of two – wheelers, based in India.

The company is a joint venture between India's Hero Group and Honda Motor Company, Japan that began in 1984.

In 2001, the company achieved the coveted position of being the largest two-wheeler manufacturing company in India and the ‘World No.1’ two-wheeler company in terms of unit volume sales in a calendar year by a single company. Hero Honda has retained that coveted position till date.

Today, every second motorcycle sold in the country is a Hero Honda bike. Every 30 seconds, someone in India buys Hero Honda's top-selling motorcycle – Splendor. 

It has been referred to as the world's biggest manufacturer of 2-wheeled motorized vehicles since 2001, when it produced 1.3 million motorbikes in a single year. During the fiscal year 2008-09, the company has sold 3.28 million bikes and the net profit of the company stood at 1,281.7 crore (US$ 290.95 million) up 32% from the previous fiscal year. The company's most popular model is the Hero Honda Splendor, which is the world's largest-selling motorcycle, selling more than one million units per  year. Hero Honda has been the largest two wheeler company in the world for nine consecutive years. The company had a market share of 41.35% in the year 2008-2009 and over a 25 year span it has crossed the 15 million unit milestone. Hero Honda sells more two wheelers than the second, third and fourth placed two-wheeler companies put together.

Company Profile

“Hero” is the brand name used by the Munjal brothers for their flagship company Hero Cycles Ltd. A joint venture between the Hero Group and Honda Motor Company was established in 1984 as the Hero Honda Motors Limited At Dharuhera India.

During the 1980s, the company introduced motorcycles that were popular in India for their fuel economy and low cost. A popular advertising campaign based on the slogan 'Fill it - Shut it - Forget it' that emphasised the motorcycle's fuel efficiency helped the company grow at a double-digit pace since inception.

Hero Honda has three manufacturing facilities based at Dharuhera and Gurgaon in HaryanaHaridwar in Uttarakhand. These plants together are capable of churning out 3.9 million bikes per year.Hero Honda's has a large sales and service network with over 3,000 dealerships and service points across India. Hero  and at

Honda's customer loyalty program,^{[clarification needed]} the Hero Honda Passport Program, claims to be one of the largest programs of its kind in the world with over 3 million members.

The 2006 Forbes 200 Most Respected companies list has Hero Honda Motors ranked at 108.

 

History

India became the second largest two wheeler manufacturer in the world and starting in the 1950s with the Automobile Products of India (API) that manufactured the Lambrettas and Bajaj Auto Ltd. with its association with Piaggio of Italy (manufacturer of Vespa scooters) as the largest manufacturers within the country.

The license raj that existed between the 1940s to 1980s in India did not allow foreign companies to enter the market and imports were tightly controlled. This regulatory maze, before the economic liberalization, made business easier for local players to have a seller’s market. Customers in India were forced to wait up to 12 years to buy a scooter from Bajaj. The CEO of Bajaj commented that he did not need a marketing department, only a dispatch department. By the year 1990, Bajaj had a waiting list that was twenty-six times its annual output for scooters.

The motorcycle segment had the same long wait times with three manufacturers: Royal Enfield, Ideal Jawa, and Escorts. Royal Enfield made a 350cc Bullet with the only four-stroke engine at that time and took the higher end of the market but there was little competition for their customers. Ideal Jawa and Escorts took the middle and lower end of the market respectively.

In the mid-1980s, the Indian government regulations changed and permitted foreign companies to enter the Indian market through minority joint ventures. The two-wheeler market changed with four Indo-Japanese joint ventures: Hero Honda, TVS Suzuki, Bajaj Kawasaki and Kinetic Motor Company (Kinetic Honda). The entry of these foreign companies changed the Indian market dynamics from the supply side to the demand side. With a larger selection of two-wheelers on the Indian market, consumers started to gain influence over the products they bought and raised higher customer expectations. The industry produced more models, styling options, prices, and different fuel efficiencies. The foreign companies new technologies helped make the products more reliable and with better quality. Indian companies had to change to keep up with their global counterparts.

 

Diversification

The Group Chairman, Mr. Brij Mohan Lall Munjal has actively looked at diversification. A considerable level of vertical integration in its manufacturing activities has been present in the Group's growth and led to the establishment of the Hero Cycles Cold Rolling Division, Munjal and Sunbeam Castings, Munjal Auto Components and Munjal Showa Limited amongst other component-manufacturing units.

Expansion into the automotive segment started with the setting up of Majestic Auto Limited, where the first moped designed entirely in India, Hero Majestic, went into commercial production in 1978. Hero Motors, in collaboration with Steyr Daimler Puch of Austria introduced the which introduced another moped, the Hero Puch, in 1980. Hero Honda Motors was established in 1984 to manufacture 100 cc motorcycles.

The Hero Group also plans to expand into other segments like exports, financial services, information technology, insurance and telecommunication.

 
Vision
The Hero Honda story began with a simple vision – the vision of a mobile and an empowered India, powered by Hero Honda. This vision was driven by Hero Honda’s commitment to customer, quality and excellence, and while doing so, maintaining the highest standards of ethics and societal responsibilities. Hero Honda believes that the fastest way to turn that dream into a reality is by remaining focused on that vision.

Brand   

The company has been continuously investing in brand building utilizing not only the new product launch and new campaign launch opportunities but also through innovative marketing initiatives revolving around cricket, entertainment and ground- level activation.

Hero Honda has been actively promoting various sports such as hockey, cricket and golf. Hero Honda was the title sponsor of the Hero Honda FIH Hockey World Cup that was played in Delhi during Feb-March 2010. Hero Honda also partners the Commonwealth Games Delhi 2010.

2009-10 Performance
Total unit sales of 46,00,130 two-wheelers, growth of 23.6 per cent
Total net operating income of Rs. 15860.51 Crores, growth of 28.1 per cent
Net profit after tax at Rs. 2231.83 Crores, growth of 74.1 per cent
Final dividend of 1500% or Rs. 30 per share on face value of each share of Rs. 2
EBIDTA margin for the year 17.4 per cent
EPS of Rs. 111.77, growth of 74.1 per cent

Hero Honda Motors Ltd.

Type	Public company BSE:HEROHONDA M
Industry	Automotive
Founded	January 19, 1984 in Gurgaon, Haryana, India
Headquarters	New Delhi, India
Key people	Brijmohan Lal Munjal (chair and founder) Toshiaki Nakagawa (joint managing director) Pawan Munjal (Managing Director & CEO)[1]
Products	Motorcycles, Scooters
Revenue	U$ 2.8 billion[citation needed]
Website	www.Herohonda.com

So friends i hope you will like this. Enjoy well guys. Comment on my post which you need to get details. Ill be on work. Thanks for visiting my blog friends. Keep smiling all friends. Love you all friends. Byeee.................. My advice is that you should watch Harry Potter atleast once.

Samsung - Born S.Korea became World's Largest Conglomerate

Friends yesterday was my b'day. I hope you all wished me. Thanks for wising me guys. But i didn't recognize any difference with normal day. I felt boredom up to 4:30 in the evening. At 4:30 my best friend Nani came to Anantapur from Bengaluru to meet  me. I spent the remaining time with him up to 9:30 pm. he presented me a photo frame gift. It was awesome but my best friend Sai sandeep gave a gift to me. It is very valuable gift. I haven't expect that type of gift from anyone in my life. You know what is the gift? It is a note book.What is special in it?? That note book is framed by our father of nation ''MAHATMA GANDHI's'' image. The note book contains 'A brief biography' of Gandhi at the starting. Every page in the note book has a proverb by Gandhi. Do you know why Sandeep gave me that? Because I like Gandhi very much than anyone. 

Ok leave it. Let us we come 'to the point'. Now i'm here to present some matter about Samsung Group.

SAMSUNG:

Samsung is the world's largest conglomerate born in South Korea and captured the world market. The Samsung Group (Korean: 삼성그룹) is a multinational conglomerate corporation headquartered in Samsung Town, Seoul, South Korea. It is South Korea's largest chaebol and the world's largest conglomerate by revenue. The Samsung Group comprises numerous international affiliated businesses, most of them united under the Samsung brand including Samsung Electronics, the world's largest technology company by sales. Samsung Heavy Industries, the world's second largest shipbuilder ,Samsung Engineering was ranked 35th, Samsung C&T 72nd in a 2009 ranking of 225 global construction firms compiled by the Engineering News-Record, a U.S. construction journal. Samsung Electronics ranked 35th in Fortune Global 500 2010. 

Samsung Group accounts for more than 20% of South Korea's total exports, and in many domestic industries, Samsung Group is the sole monopoly dominating a single market, its revenue as large as some countries' total GDP. In 2006, Samsung Group would have been the 35th largest economy in the world if ranked, larger than that of Argentina. The company has a powerful influence on the country's economic development, politics, media and culture, being a major driving force behind the Miracle on the Han River; many businesses today use its international success as a role model.

History:

In 1938, Lee Byung-chull (1910–1987) of the large landowning family in the Uiryeong county came to the nearby Daegu city and founded Samsung Sanghoe (삼성상회), a small trading company with forty employees located in Su-dong (now Ingyo-dong). It dealt in groceries produced in and around the city and produced noodles itself. The company prospered and Lee moved its head office to Seoul in 1947. When the Korean War broke out, however, he was forced to leave Seoul and started a sugar refinery in Busan as a name of Cheil Jedang. After the war, in 1954, Lee founded Cheil Mojik and built the plant in Chimsan-dong, Daegu. It was the largest woolen mill ever in the country and the company took on an aspect of a major company.

Samsung diversified into many areas and Lee sought to establish Samsung as an industry leader in a wide range of enterprises, moving into businesses such as insurance, securities, and retail.

In the late 1960s, Samsung Group began the electronics industry. It formed several electronics-related divisions, such as Samsung Electronics Devices Co., Samsung Electro-Mechanics Co., Samsung Corning Co., and Samsung Semiconductor & Telecommunications Co., and made the facility in Suwon. Its first product was a black-and-white television set. In 1980, the company acquired Hanguk Jeonja Tongsin in Gumi, and started to build telecommunication devices. Its early products were switchboards. The facility were developed into the telephone and fax manufacturing systems and became the centre of Samsung's mobile phone manufacturing. They have produced over 800 million mobile phones to date. The company grouped them together under Samsung Electronics Co., Ltd. in the 1980s.

In the late 1980s and early 1990s, Samsung Electronics invested heavily in research and development, investments that were pivotal in pushing the company to the forefront of the global electronics industry. In 1982, it built a television assembly plant in Portugal; in 1984, a plant in New York; in 1985, a plant in Tokyo; in 1987, a facility in England; and another facility in Austin in 1996. In total, Samsung has invested about $5.6 billion in the Austin location – by far the largest foreign investment in Texas and one of the largest single foreign investments in the United States. The new investment will bring the total Samsung investment in Austin to more than $9 billion.

Compared to other major Korean companies, Samsung survived the 1997 Asian financial crisis relatively unharmed. However, Samsung Motor was sold to Renault at a significant loss. As of 2010, Renault Samsung is 80.1 percent owned by Renault and 19.9 percent owned by Samsung. Additionally, Samsung manufactured a range of aircraft from the 1980s to 1990s. The company was founded in 1999 as Korea Aerospace Industries (KAI), the result of merger between then three domestic major aerospace divisions of Samsung Aerospace, Daewoo Heavy Industries, and Hyundai Space and Aircraft Company. However, Samsung still manufactures aircraft engines.

Group divisions

• Electronics Industries
• Financial Services
• Chemical Industries
• Machinery & Heavy Industries
• Engineering & Construction
• Retail & Entertainment
• Apparel & Advertisement
• Education & Medical Services
• Trading & Resource development
• Food supplier & security services

Notable Customers

• Royal Dutch Shell

Samsung Heavy Industries will be the sole provider of liquefied natural gas (LNG) storage facilities worth up to US$50 billion to Royal Dutch Shell for the next 15 years.

• The United Arab Emirates government

A consortium of South Korean firms - including Samsung, Korea Electric Power Corp and Hyundai - has won a deal worth 40 billion dollars to build nuclear power plants in the United Arab Emirates.

• The government of the Canadian province of Ontario

The government of the Canadian province of Ontario signed off one of the world's largest renewable energy projects, signing a $6.6bn deal that will result in 2,500MW of new wind and solar energy capacity being built. Under the agreement a consortium – led by Samsung and the Korea Electric Power Corporation – will manage the development of 2,000MW-worth of new wind farms and 500MW of solar capacity, while also building a manufacturing supply chain in the province.

Samsung's key clients (Q1 2010)
Rank/Company	Part Description	Buying (unit: trillion KRW)	Percent of total sales
1 Sony	DRAM, NAND Flash, LCD Panel, etc...	1.28	3.7
2 Apple Inc	AP(mobile processor),DRAM, NAND Flash, etc...	0.9	2.6
3 Dell	DRAM, Flat-Panels, Lithium-ion battery, etc...	0.87	2.5
4 HP	DRAM, Flat-Panels, Lithium-ion battery, etc...	0.76	2.2
5 Verizon Communications	Handsets, etc...	0.5	1.3
6 AT&T	Handsets, etc...	0.5	1.3

Samsung Medical Center

Samsung Medical Center, a nonprofit medical organization. Samsung Group sends around $100 million 'donation' to Medical Center annually. The Samsung Medical Center(Korean: 삼성의료원) is composed of Samsung Seoul Hospital (Korean: 삼성서울병원), Kangbook Samsung Hospital (Korean: 강북삼성병원), Samsung Changwon Hospital (Korean: 삼성창원병원), Samsung Cancer Center (Korean:삼성암센터) and Samsung Life Sciences Research Center (Korean: 삼성생명과학연구소). Samsung Cancer Center in Seoul, the largest cancer center in Asia-even bigger than Korea's National Cancer Center and Japan National Cancer Center. Samsung Medical Center and Pfizer to Conduct Joint Research to Identify Genomic Mechanisms Responsible for Clinical Outcomes in Hepatocellular Carcinoma.SMC is the first non-US organization to receive full AAHRPP (Association for the Accreditation of Human Research Protection Programs.)

Etymology and logo history

The meaning of the Korean hanja word Samsung (三星) is "tristar" or "three stars". The three represents big, many and powerful, star means eternity.(According to the Founder of Samsung Group).

The Samsung Byeolpyo noodles logo, used from late 1938 until replaced in 1950s.   The Samsung Group logo, used from late 1969 until replaced in 1979   The Samsung Group logo("three stars"), used from late 1980 until replaced in 1992   The Samsung Electronics logo, used from late 1980 until replaced in 1992   Samsung's current logo used since 1993.[41]

Samsung Group
Type	Public (Korean: 삼성그룹)
Industry	Conglomerate
Founded	1938
Founder(s)	Lee Byung-chul
Headquarters	Samsung Town, Seoul, South Korea
Area served	Worldwide
Key people	Lee Kun-hee (Chairman and CEO) Lee Soo-bin (President, CEO of Samsung Life Insurance)[1]
Products	List[show] Electronics Shipbuilder Financial Chemical Retail Entertainment Flash memory Aviation Optical storage Mobile phones Smartphones Hard disk drives
Revenue	US$ 173.4 billion (2008)[2]
Net income	US$ 10.7 billion (2008)[2]
Total assets	US$ 252.5 billion (2008)[2]
Total equity	US$ 90.5 billion (2008)[2]
Employees	276,000 (2008)[2]
Subsidiaries	Samsung Electronics Samsung Life Insurance Samsung Heavy Industries Samsung C&T etc.
Website	Samsung.com

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