Aditya Patodia’s Post

TECH JOURNEY::DAY 9 From Humble Beginnings to Technological Giants: The Samsung Success Story! Once upon a time in South Korea, there lived a young boy named Lee Byung-chul. Despite facing many struggles during a time of Japanese colonization, Lee's family owned land and he had the privilege of receiving an education. After starting his own grocery trading company called Samsung, Lee's business thrived by meeting the increasing demand for essential goods during World War II. As Lee's success grew, he diversified Samsung into various products, from sugar refineries to electronics. Despite facing challenges and disputes with his partner, Lee's determination never wavered. He focused on helping Korea industrialize rapidly, positioning Samsung as a leading conglomerate. In 1969, Samsung entered the electronics sector, marking the beginning of its journey towards technological innovation. Despite initial setbacks, including struggles in the mobile phone market, Samsung persevered. With visionary leadership from Lee's son, Lee Kun-hee, Samsung shifted its focus to cutting-edge technology. Through dedication and innovation, Samsung overcame obstacles and emerged as a global leader in consumer electronics. From the groundbreaking Galaxy series to advancements in AI and 5G technology, Samsung continues to shape the future of technology. "Every setback is an opportunity for a great comeback. Believe in your vision, persevere through challenges, and let your determination guide you to success." #SamsungSuccess #InnovationStory #FromHumbleBeginnings #TechGiant #PerseverancePaysOff #InspiringLeadership #OvercomingObstacles #BelieveInYourVision #GreatComeback #Motivation

Samsung's revenue was equal to 22.4% of South Korea's $1.67 trillion GDP in 2022. "You can even say the Samsung chairman is more powerful than the President of South Korea. Hyundai Group is a South Korean conglomerate founded by Chung Ju-yung. The group was founded in 1947 as a construction company. With government assistance, Chung and his family members rapidly expanded into various industries, eventually becoming South Korea's second biggest company after SAMSUNG. Read More: Thekarostartup.com Join: 5,400 people who read such stories daily on our WhatsApp Newsletter: https://lnkd.in/g735dQsa #businessmedia #technology #businessnews

#GreatProducts, #SuperBrand, Samsung Electronics Throwback...Just found this Pic. This Picture was taken in 2004 (20 years back) during the annual event of #Samsung I don't think any of the employees seen here are still working with Samsung (or maybe very very few) 2024 Present time, The only constant in this picture is BRAND #SAMSUNG What does it take for a brand to not just survive, but thrive, over two decades? Apart from lot of other factors, one big key super important factor is Building #GreatProducts and thinking ahead of the curve. Being #Innovative, Being #Relevant As I embark my journey towards building #auklet, my dream is to build experiences that inspire & delight people in their digital life. And, Build brand #auklet that stand the test of time !! Pic: You can find me in one corner of the picture. Locate me and you'll get a prize medal :-)

In fiscal year 2024, Samsung Electronics is expected to surpass the sales benchmark of 80,000 crores. Despite a shrinking market share, this achievement is driven by key factors: a notable increase in financing sales from 54% to 60% and a significant rise in the average selling price by 22%. Additionally, the average EMI financing period has been extended from 12 to 18 months. These strategic adjustments towards premiumization and longer financing periods underscore Samsung's resilience and growth trajectory in the market. #samsung #mobile #sales #technology #manufecturing

Over the past two decades, Samsung has transitioned from a period of explosive growth, marked by an average annual growth rate of 17.6% between 1998 and 2013, to a much slower pace of 1.25% from 2013 to 2023. This significant deceleration suggests that Samsung, once a key driver of South Korea's economic expansion, may be entering a more mature and potentially stagnant phase. As of 2023, Samsung contributed approximately 20% to South Korea's GDP, highlighting its immense influence on the nation's economy. However, the slowdown raises concerns about the future of South Korea's economy, which has heavily relied on conglomerates like Samsung for growth and innovation. Without the emergence of new, dynamic companies to drive the next wave of economic expansion, South Korea risks facing a murky future characterized by slower growth, reduced global competitiveness, and potential economic stagnation. The challenge lies in fostering a new generation of innovative companies that can replicate Samsung's past successes and ensure continued economic vitality for the nation. #Samsung #SouthKorea #EconomicGrowth #Innovation #BusinessStrategy #MarketSaturation #FutureOfTech #GlobalCompetitiveness #EconomicStagnation #KoreanEconomy

Wanna know the secrets to becoming a Samsung Solve for Tomorrow champion? Listen to last season's winners for some insider tips! Don't miss out on this opportunity to shape tomorrow's solutions. Apply now and let your ideas shine! Samsung India #SFT_India_2024 #SolveForTomorrow #EnablingPeople #TogetherForTomorrow

Samsung and Apple, two tech giants, have transformed their host countries, Vietnam and India, into manufacturing powerhouses. Samsung's massive investments since 2008 have made it Vietnam's largest investor, with a significant portion of its global production based there. Similarly, Apple's strategic shift to Indian manufacturing has not only boosted its market share but also significantly increased its export value. Comment down to share your views Follow Sudhir Mulchandani and Brew Wealth for such more content! #GlobalProduction #MarketShare #ExportValue #EconomicTransformation

Samsung Saga: From Trading Roots to Global Technological Titan. Chapter 2: Shifting Focus. In the 1960s, under the leadership of Lee Byung-chul's son, Lee Kun-hee, Samsung underwent a transformative phase, shifting its focus from trading to manufacturing. The early 1960s saw Samsung venture into the production of sugar and wool, demonstrating a strategic move towards vertical integration. As the 1970s unfolded, Samsung made a pivotal decision to enter the electronics industry. Lee Kun-hee recognized the potential of this burgeoning sector and initiated the production of black-and-white televisions. This marked Samsung's entry into consumer electronics and set the stage for its future dominance in the global market. The 1970s also witnessed Samsung's expansion into heavy industries such as construction and shipbuilding, further diversifying its portfolio. This strategic diversification allowed Samsung to weather economic fluctuations and positioned the conglomerate as a key player in South Korea's industrial landscape. Lee Kun-hee's leadership during this period was characterized by a forward-thinking approach, pushing Samsung to embrace technological advancements. This shift from traditional trading to manufacturing laid the groundwork for the conglomerate's future success, marking the beginning of its journey toward becoming a global technological powerhouse. The emphasis on innovation and diversification during these decades would shape Samsung's trajectory in the years to come. #startup #strategy #technology #innovation #marketing #branding #diversification

On Market View today: Samsung Electronics expects Q1 operating profit to jump over 10 fold yoy; Yellen visits China, concerns over China’s overproduction; Elon Musk gives away free blue checkmarks on ‘X’; Singapore’s Feb retail sales; GuocoLand and CDL on land bids, developer’s appetite to replenish land bank; Construction of MBS project targeted to complete by Jul 2029 Singapore shares fell at the opening bell this morning despite broader regional gains, tracking overnight losses in the US market. In early trade, the Straits Times Index (STI) shed 0.8 per cent to 3,209.11 points after 62.9 million securities changed hands in the broader market. In terms of companies to watch today, we have GuocoLand. Its joint venture with Hong Leong Holdings is the sole bidder for an Upper Thomson Road plot in the latest state tender that closed yesterday. Elsewhere, from Samsung Electronics expecting a 10-fold rise in Q1 profit to Elon Musk now giving out the coveted blue checkmarks to users on social media X for free, more corporate and international headlines remain in focus. I unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), Securities Investors Association (Singapore). Many thanks to Sunny for joining us on MONEY FM 89.3! Catch the podcast episode on Awedio, Apple podcast and Spotify at the links below. Podcast links: https://lnkd.in/g-nujSu5 https://lnkd.in/gS9EmuVt https://lnkd.in/giJJ5GMB Pauline Soh #singapore #sgx #sti #stockmarket #us #inflation #tightening #cooling #federalreserve #fed #interestrates #ratecuts #samsungelectronics #operatingprofit #10fold #yellen #china #overproduction #cleantech #elonmusk #bluecheckmarks #x #retailsales #guocoland #citydevelopmentslimited #landbids #developer #sentiment #landbank #marinabaysands #mbs #construction #expansion #tourism

We need to stop saying, “Indian consumers are not loyal.” If you don’t deliver the right product or service, consumers are ready to switch and this isn't unique to India. Globally, no brand is spared. Consumers moved on from giants like Blackberry, Sony, Kodak and Nokia the moment better technology and services became available. So, it's not about the Indian consumer. It’s about consumers everywhere. #consumerinsights