The global revenue made by Samsung Electronics between 2005 and 2023 has overall significantly grown. In 2024, Samsung Electronics recorded a revenue of over 300 trillion South Korean won, although only the second-highest recorded revenue for the Korean giant in the given period, but also the company's highest revenue reported in U.S. dollars with approximately 259 billion U.S. dollars. Samsung Electronics and subsidiaries Samsung was founded in 1938 and originally dealt with groceries as well as the production noodles. It quickly diversified into various sectors including insurance and retail and became the present day corporation in 1947, after a joint investment in Samsung Mulsan Gongsa. The headquarters are found in Seoul, South Korea. There are several subsidiaries that account for the variety of enterprises that the Samsung Group undertakes including Samsung Life Insurance and Samsung Heavy Industries. Samsung Electronics is one of the largest subsidiaries of the Samsung Group, making much over half of the group’s revenue. Samsung Electronics is headquartered in Suwon, South Korea and has assembly plants and sales networks in 80 countries. Samsung Electronics generated most of its revenue in the Americas and Europe in 2024. Major divisions Samsung Electronics has four major divisions including digital media, semiconductor, telecommunication network, and LCD digital appliances. The company provides electronic components such as lithium-ion batteries and semiconductors to companies like Sony and Apple. Samsung is become especially known for some of its consumer products such as mobile devices as well as their home entertainment systems. Since 2002, the company has been one of the largest producers of LCD panels as well as one of the largest television manufacturers in the world. As of 2024, Samsung held almost 30 percent of the global TV market share. In that same year, Samsung's smartphone shipments amounted to over 223 million units, ranking second globally behind only Apple.

In the fourth quarter of 2024, Samsung's operating profit amounted to around 6.5 billion South Koran won, a sharp decrease compared to the previous quarter. Samsung as a CE giant Samsung ranks among the largest companies in the world in terms of market value and is perhaps best known for its various lines of successful consumer electronics products. The company’s biggest segment is its mobile communications business which primarily focuses on smartphone products such as the new Samsung Galaxy Fold. In addition to its own Samsung-branded products, the company also serves as the display manufacturer for many other devices in the consumer electronics market. The company employs hundreds of thousands of workers and accounts for a significant portion of South Korea’s GDP, meaning that Samsung is massively influential within both its home country and throughout the world.

As of the first quarter of 2025, Samsung Electronics’ mobile experience (MX) was its biggest revenue generator, bringing in approximately 26 billion U.S. dollars. Other key segments are the company’s mobile communications and display panel businesses which also contributed significantly to total revenue. Samsung Samsung, perhaps best known for its consumer electronics division, owns business ventures that span across a large range of industries. Controlling some of the top companies operating in every sector from electronics to insurances to shipbuilding, Samsung ranks among the largest conglomerates in the world in terms of market value. The company employs hundreds of thousands of workers and accounts for a significant portion of South Korea’s GDP, meaning that Samsung is massively influential within its home country. Mobile Communications segment The cornerstone of Samsung’s success is its mobile communications segment, which includes various lines of smartphones and wearables as well as the company’s library of application software such as Samsung Pay. The company’s Samsung Galaxy line is among the most popular in the world and contributes towards making Samsung one of the largest smartphone brands in the world in terms of worldwide shipments.

In the third quarter of 2024, Samsung Electronics recorded revenues of around 79 trillion South Korean won, which amounted to approximately 57 billion U.S. dollars. The South Korean tech giant’s digital experience segment accounted for almost 30 billion U.S. dollars of this figure, while its semiconductor business netted a further five billion. Consumer electronics Over the past few decades, mobile electronic devices have become an increasingly integral part of the daily lives of people across the globe, with consumer expenditures expected to exceed 730 billion U.S. dollars in 2024. As one of the world’s leading vendors of smartphones, televisions, tablets, wearables, and consumer electronics as a whole, Samsung is well positioned to take advantage of this trend. In addition to producing products to sell under the Samsung brand, the company also manufactures electronic components to be sold to other vendors, most notably displays and semiconductors. SamsungSamsung, perhaps best known for its consumer electronics division, owns business ventures that span across a large range of industries. Controlling some of the top companies operating in every sector from electronics to insurances to shipbuilding, Samsung ranks among the largest conglomerates in the world in terms of market value. The company employs hundreds of thousands of workers and accounts for a significant portion of South Korea’s GDP, meaning that Samsung is massively influential within its home country and throughout the world.

As per recent company data, around 17 percent of sales revenue at Samsung Electronics was generated in Europe in 2024, whilst the majority was made in the Americas with a 39 percent share. Meanwhile, China accounted for 15 percent of the company's sales, while Samsun's home market of Korea represented around 13 percent. In general, the American, European, and Chinese markets all accounted for higher revenue shares compared to the previous year, while the Korean market's share of revenue dipped by five percentage points. Samsung Electronics Samsung Electronics is a global leader in semiconductors, telecommunications and digital media technologies, and one of the most valuable technology brands in the world. Headquartered in Suwon, South Korea, the company was founded in 1969, although their presence today can be seen and felt worldwide. Globally, the company employs more than 287 thousand people, with around two thirds of these employed outside of South Korea. Samsung in Europe In Europe, Samsung has a regional office in Eschborn (Germany), as well two research and development (R&D) sites in Aalborg (Denmark) and Cambridge (UK). Samsung spends nearly 20 billion U.S. dollars on research and development each year. As stated by the company, their R&D hubs lead the development of future technologies, covering core themes including artificial intelligence (AI), robotics, and security.

In 2023, Samsung Electronics achieved a global net income, attributable to the parent company, of approximately 15.5 trillion South Korean won (around 11.62 billion U.S. dollars), dramatically decreasing from the value reached the year before.

In the financial year 2024, the total revenue of Samsung India has reached ******* billion Indian rupees. It was the first time the revenue crossed one trillion rupees mark. Most of the revenue came from the smartphone segment. Samsung is the leading company in various segments in India, including smartphones, TVs, refrigerators, etc.

In the fourth quarter of 2024, Samsung shipped around 52 million smartphones, a decrease from the both the previous quarter and the same quarter of the previous year. Samsung’s sales consistently place the smartphone giant among the top three smartphone vendors in the world, alongside Xiaomi and Apple. Samsung smartphone sales – how many phones does Samsung sell? Global smartphone sales reached over 1.2 billion units during 2024. While the global smartphone market is led by Samsung and Apple, Xiaomi has gained ground following the decline of Huawei. Together, these three companies hold more than 50 percent of the global smartphone market share.

The sales revenue of Samsung Display stood at around 30 trillion South Korean won in 2023. This was a decrease compared to the previous year, which had recorded the highest figure during the surveyed period.

In 2020, the sales value of Samsung in Asia and Africa excluding China and South Korea amounted to approximately 37.7 trillion Korean won, which accounted for 16 percent of global sales. Sales in China reached 37.8 trillion Korean won in that year.

In 2024, Samsung Electronics' display panel business recorded revenue of around 29 trillion South Korean won. The South Korean conglomerate company was one of the global leaders in the production of display panels, although its revenue from this business segment had decreased compared to the previous year.

In 2023, the operating profit of Samsung Electronics' display panel business amounted to around 5.57 trillion South Korean won. This marked a slight increase from the previous year, with revenue from display panels having also decreased.

Samsung saw a slight decrease in sales from the third quarter of 2021 to the fourth, selling 68.97 million units in the fourth quarter of 2021. Samsung ranked second in terms of global smartphone sales to end users during this quarter, falling behind Apple, although Apple follows a strong trend of high sales at the end of every year.

In 2024, Samsung's semiconductor revenue stood at 66.52 billion U.S. dollars, an increase from the 40.94 billion U.S. dollars in revenue that the company recorded in 2023. Samsung benefited as a result of the memory semiconductor market experiencing a rebound in 2024. Samsung Electronics Samsung Electronics is a global leader in semiconductors, telecommunications and digital media technologies, and one of the most valuable technology brands in the world. Headquartered in Suwon, South Korea, the company was founded in 1969. Samsung employs more than 200,000 people worldwide and spends over 20 billion U.S. dollars on research and development each year. Samsung has also ranked amongst companies with the most U.S. patents granted. AI chips Semiconductor chips are crucial in our digital lives. Fitted with billions of electronic transistors that constitute elaborate integrated circuits, these chips power everything from smartphones and laptops, to more industrial and automotive applications. The next development in the semiconductor industry are chips that support artificial intelligence (AI) technologies. Experts suggest AI chips have found their way into an increasing number of consumer devices, such as smartphones, tablets, smart speakers, and wearables. In addition to this, they are also being used in multiple enterprise markets, such as robotics, sensors, and other IoT (internet of things) devices, with further growth expected as smart city initiatives take hold.

The total revenue of subsidiaries of Samsung Electronics in Russia reached approximately 117 billion Russian rubles in 2022, marking a 68-percent decrease compared to the previous year. The highest-earning subsidiary was Samsung Electronics Rus Company LLC.

Samsung has been a consistent front-row competitor in the global smartphone market. In the fourth quarter of 2024, Samsung held a global smartphone market share of 15.6 percent. Samsung’s smartphone market shareThe smartphone market has fluctuated considerably since 2009. Nokia used to lead the industry with almost 50 percent of the smartphone market share in 2007, but the company’s market presence dropped to around three percent in 2013. Apple and Samsung have remained among the top five smartphone vendors in the world since 2009. Samsung’s Galaxy, first released in 2009, is their main line of smartphone products, while Apple heavily invests in the iPhone, a primary source of revenue for the company. Samsung’s smartphone market share increased significantly in a span of three years, going from three percent in the second quarter of 2009 to 32.2 percent in the second quarter of 2012. None of its competitors have experienced a similar growth. As the overall smartphone market also grew, Samsung was able to maintain its position as the global market leader. In 2024 alone, the Korean electronics giant shipped around 223.5 million smartphones worldwide, and accounted for 19.4 percent of all smartphone shipments worldwide.

The global revenue of Harman amounted to around 2.65 billion U.S. dollars in the final quarter of 2024. Harman is an independent subsidiary of Samsung Electronics, being acquired by the Korean tech giant in 2017.

The net revenue of Samsung Eletrônica da Amazônia Ltda. increased overall between 2016 and 2023. In 2023, Samsung's subsidiary in Brazil reported net revenues of approximately 27.6 billion Brazilian reals, up from 18.3 billion reals in 2016, but decreased compared to the previous year.

In 2024, Samsung Medison posted a sales revenue of around 571.24 billion South Korean won. This represents an increase compared to the previous year. It is also the highest figure recorded over the past decade. The company manufactures diagnostic ultrasound systems.

In 2022, the revenue of Samsung Group-affiliated companies accounted for about 22.4 percent of South Korea's gross domestic product (GDP). These affiliates generated total revenue of around 486.4 trillion South Korean won that year, having first surpassed the 400-trillion mark the previous year. Samsung’s share of revenue in GDP remained constant at around 20 percent during the surveyed period. Samsung Group’s major affiliates Samsung owns about 60 affiliates that are among the leading companies in their respective industries. For example, Samsung Electronics - best known for its Galaxy smartphones - is a global player in consumer electronics and telecommunications. Samsung Heavy Industries is one of the three leading companies in the domestic shipbuilding industry, while Samsung Group's affiliated financial companies, such as Samsung Fire & Marine Insurance and Samsung Life Insurance, have a strong influence on the South Korean financial market. Samsung: The largest chaebol in South Korea Samsung is the biggest chaebol group in South Korea – a large family-run conglomerate owned and managed by an individual or their family members. Chaebol groups typically have numerous affiliates, operate in multiple and diverse business sectors, and usually maintain a monopoly position in the relevant market. South Korea’s economy is dominated by a few chaebols, such as Samsung, SK, LG, and Hyundai Motor Company, whose influence on the market increased significantly, especially during the COVID-19 pandemic.