Their early investment in LCD display market proved to be very wise, and I would think that they are also looking forward with OLED technology replacing LCD in the next few years. Having both product areas enables them to retain market share. While one is ramped up, the other can be ramped down.
Research and Development focus towards OLED for Large Scale Displays that what was eagerly waited from some giants and Samsung has become the first one to take that opportunity, the world will be having a very revolutionary era in the displays segment in the coming years.
"Samsung Group revenues account for about 20 percent of South Korea's 1,200 trillion won annual GDP"
If this is correct it is a stunning fact. A company with 350,000 employees accounts for 20% of GDP of a country with 50 million?
Samsung is expanding like swallowing all the rivals. Chairman Mr.Lee's nickname is South Korea's number two behind the Korean president who is number one. Well, his company Samsung Electronics is already a global number one in electronics industry though. Survival of the fittest.. bloody.. so bloody..
As we unveil EE Times’ 2015 Silicon 60 list, journalist & Silicon 60 researcher Peter Clarke hosts a conversation on startups in the electronics industry. Panelists Dan Armbrust (investment firm Silicon Catalyst), Andrew Kau (venture capital firm Walden International), and Stan Boland (successful serial entrepreneur, former CEO of Neul, Icera) join in the live debate.