DOCSLIB.ORG

2018 Business Report for the Year Ended December 31, 2018

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
2018 Business Report for the Year Ended December 31, 2018 SAMSUNG ELECTRONICS Co., Ltd. 2018 Business Report For the year ended December 31, 2018 Certain statements in the document, other than purely historical information, including estimates, projections, statements relating to our business plans, objectives and expected operating results, and the assumptions upon which those statements are based, are “forward-looking statements.” Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties which may cause actual results to differ materially from the forward-looking statements. A detailed discussion of risks and uncertainties that could cause actual results and events to differ materially from such forward-looking statements is included in our financial reports available on our website. See, also, 『Note on Forward-Looking Statements』 in preamble of 『II. Business Overview』. Samsung Electronics Business Report 1 / 278 Table of Contents Certification ................................................................................................................................................................................ 3 I. Corporate Overview ............................................................................................................................................................... 4 II. Businesses Overview ......................................................................................................................................................... 26 III. Financial Affairs ................................................................................................................................................................. 74 IV Management Discussion and Analysis. ......................................................................................................................... 182 V. Auditor’s Report ................................................................................................................................................................ 196 VI. Corporate Governance .................................................................................................................................................... 198 VII. Information on Shareholders ......................................................................................................................................... 215 VIII. Executives and Employees ........................................................................................................................................... 222 IX. Affiliates and Subsidiaries .............................................................................................................................................. 235 X. Related Party Transactions .............................................................................................................................................. 266 XI. Other Information ............................................................................................................................................................. 271 Samsung Electronics Business Report 2 / 278 Certification Letter of Certification We, Ki-Nam Kim and Hee-Chan Roh, as executives in charge of reporting, certify that we have reviewed the annual business report of Samsung Electronics Co., Ltd. for the year ended December 31, 2018. Based on our knowledge, this report does not contain any untrue statements or omissions of necessary material facts that would be misleading with respect to the period covered by this report. Based on our knowledge, the financial statements, and other financial information included in the report, are fairly presented in all materials and respect the financial condition, results of operations, and cash flows of the company as of, and for, the periods presented in this report. We confirm that Samsung Electronics operates an Internal Accounting Management System, responsible for establishing and maintaining disclosure controls and procedures and internal controls over financial reporting, as defined in Article 8 of the External Audit Act. We have disclosed our most recent evaluation of internal controls over financial reporting to the Company’s auditors and to the audit committee of the Company’s board of directors. Date: April 1, 2019 Samsung Electronics Business Report 3 / 278 I. Corporate Overview 1. Overview A. Legal, commercial name: - Samsung Electronics Co., Ltd. B. Date of establishment: - Samsung Electronics Co., Ltd. (“SEC”) was established as Samsung Electronics Industry Co., Ltd. on January 13, 1969, and held an initial public offering on June 11, 1975. - SEC changed its name from Samsung Electronics Industry Co., Ltd. to Samsung Electronics Co., Ltd. following a resolution passed at the Annual General Meeting (AGM) of shareholders on February 28, 1984. C. Address, phone number, and English language website of the corporate headquarter - Address: 129, Samsung-ro, Yeongtong-gu, Suwon, Gyeonggi-do, Korea - Phone Number: 82-31-200-1114 - Website: https:// www.samsung.com/sec D. The Company is not subject to Article 2 of the Framework Act on Small and Medium Enterprises. E. Core businesses - The Company (defined below) comprises business divisions that operates independently (each a “Division”): CE (Consumer Electronics), IM (Information Technology & Mobile Communications), DS (Device Solutions), and Harman (Harman International Industries, Inc. and its subsidiaries), which produces automotive electronics components. Products in each Division are presented below: Division Products CE TVs, monitors, refrigerators, washing machines, air conditioners, etc. IM HHPs, network systems, computers, etc. DS DRAM, NAND flash, mobile APs, TFT-LCD panels, OLED panels, etc. Harman Head units, infotainment systems, telematics, speakers, etc. SEC is a global electronics firm comprised of the headquarters in Korea and 252 subsidiaries (collectively, “Samsung Electronics” or the “Company”) across the world including nine (9) regional headquarters for the CE and IM Divisions, five (5) regional headquarters for the DS Division, and Harman’s subsidiaries. [CE Division] The CE Division is leading the global digital era by continuously offering new products with innovative technology, unique design, and enhanced value propositions. TV is the core product of CE. The Company has maintained its position as the market leader for thirteen (13) consecutive years by leveraging competitive advantages in hardware such as LCD/LED TVs as well as software driven product Samsung Electronics Business Report 4 / 278 features within our Smart TV product portfolio. We plan to solidify our market leadership by continue developing new technologies and making innovations. [IM Division] The IM Division operates the Mobile Communication Business, which produces and sells smart mobile devices such as smartphones, tablets, wearable devices, etc. For smartphones, a key product of the business, we have developed a product lineup ranging from low-end to premium models, and achieved growth in both advanced and emerging markets with the Galaxy series. The division leads the smartphone market with innovative hardware features including flexible OLED panels, high- definition cameras, and biometric sensors. For software, we will continue innovating to enhance user experience by investing in cutting edge technology ranging from Samsung Pay and Bixby to Cloud, IoT, healthcare, AR, and VR. At the same time, we will lead the global network business via 5G commercialization, the next-generation technology. [DS Division] The Memory Business, System LSI Business, Foundry Business, and Display Panel (“DP”) Business make up the DS Division. The Memory Business manufactures and sells DRAM and NAND products; the System LSI Business designs and sells mobile application processors (“mobile APs” or “APs”) and camera sensor chips; the Foundry Business is in charge of consignment production of semiconductors; and the DP Business manufactures and sells display panels. The Company is constantly working to increase its influence on end-product manufacturers and create new demand through technological breakthroughs and the development of high quality components as it has done with APs—which serve as the brains of mobile products—and with memory components like DRAM via enhanced capacity and density. The Memory Business has maintained its position at the top of the global memory market by sustaining cost competitiveness and applying the latest advanced process technology for each technological iteration. The System LSI Business has not been complacent, expanding its focus from mobile to include automotive chips, and will stay at the forefront of the market by offering differentiated products such as APs and CISs and strengthening competitiveness via its advanced manufacturing process technology. The Foundry Business partners with fabless corporations based on its advanced process technologies. The business started supplying 10nm products—an industry first—in 4Q16, and later solidified leadership on the back of being the first to develop 7nm and 8nm processes. It has diversified its portfolio to include 8-inch offerings and successfully introduced the industry’s first EUV process, aiming to lead advanced process technology. In the Display division, the Company’s OLED business is building a system that can respond swiftly to fluctuating market demand for flexible panels while maintaining a competitive edge by delivering differentiated products. The TFT-LCD business
Load more

Recommended publications
  • Download Report
    2018 Sustainability Report VAL UES & VEL OCITY Thhe espesepd eofeindnoovaftioin ins oa vpaart ioof onuricsulaturpe atrHtARoMfAoNu. r cBuut lintualrl eweadto, HweAteRmMperAthNe .velocity of change with unchanging values, integrity and a commitment to sustainability. But in all we do, we temper the velocity of change with unchanging values, integrity and a commitment to sustainability. © Harman. All rights reserved. INNOVATION Designing and engineering products that enhance user experiences, increase safety and consume less energy mmrnml':!"'ffl':1£WN - M,,!4 \4·1 ji,i ri-1 .., ,. J ,rt ;,.w _ ":4.Y, ''.'I 1tJIH It. b "ff lie J Cl 1 Uf}1, 6 !e'(Ub -- ! ..:..:, _ _fi::* ; • · MM -= - ·'.' ffl'JJ I L b 'f /,_j'I 1"100 ·,-,.,t, l!&Ju • • t.f,, t "" """" ...- • · oo JlJJ.J «. & fff>N;b • e, .1.· JM "lA e 4bN•• -- r , ENGINEERING Advancing solutions for improved efficiency - for ourselves, our partners and our customers WHO WE ARE We combine values and agility to design and deliver smart products, systems, software and services that connect people wherever they are. COMMUNITY & CORPORATE CITIZENSHIP HARMAN is charged to inspire the next generation of leaders through the power of Music & STEAM education and community mentoring. We foster meaningful connections within our community & global nonprofit organizations. The passion of our employees can be witnessed during global Signature Days, community events and their own individual volunteerism. 3 2016 Harman Sustainability Report CONTENTS MOVING FORWARD President and CEO Message................................. 5 Products and Innovation ......................................... 7 Community and Corporate Citizenship .................... 10 Supply Chain ........................................................ 20 Environmental Performance in Operations .............. 24 WHO WE ARE About This Report ...............................................
    [Show full text]
  • Completing the TAC Request Application Form
    Training Module Four: Completing the TAC Request Application Form TAC Application Module July 2018 v1.0 All product names, model numbers or other manufacturer identifiers not attributed to GSMA are the property of their respective owners. ©GSMA Ltd 2018 Before applying for TAC, your company must be registered and have sufficient TAC credit Brand owner 1 registration TAC 2 payment TAC 3 application TAC 4 certificate Select Request a TAC to begin the TAC Application Request Form process Take great care completing the form with the details of the device that will use the TAC The form has seven sections: 1 2 3 4 5 6 7 Device Manufacturing Operating Networks LPWAN Device Review details details System Certification Bodies Your details will already be there! 1 2 3 4 5 6 7 Device details Applicant name Applicant email This information is address automatically populated from log-in, It is not editable here C Brand Name Select the equipment type you require TAC for, from the dropdown 1 2 3 4 5 6 7 Device details Feature phone Smartphone Tablet IoT device Wearable Dongle Modem WLAN router There should be only one model name, but you may input up to three marketing names 1 2 3 4 5 6 7 Device details Device model name is a specific name given to the Model name handset. This can vary from the marketing name. The marketing name is typically used as the name the TM Marketing name device is sold/marketed to general public. You can include up to 3 marketing names, separated by a comma.
    [Show full text]
  • EON208P Spec Sheet
    EON208P 8" PACKAGED PA SYSTEM WITH 8-CHANNEL INTEGRATED MIXER HIGHLIGHTS Control Flexible input options to attach any signal source Performance 8" JBL woofers deliver legendary sound Portability Ergonomic design makes the EON208P easy to carry, travel, setup and store Bring legendary JBL sound quality to your stage with the EON208P all-in-one portable PA system. Featuring a convenient suitcase-style design, the EON208P makes it easy to get great sound for performances, meetings and events. The 8-channel detachable mixer provides professional connections for mics, instruments and line-level sources, while the 8" two-way stereo speakers deliver best-in-class audience coverage. Bluetooth connectivity allows you to stream audio from your mobile device. Thanks to 300 watts of power, you’ll have enough volume to be heard loud and clear. Plus, the compact and lightweight form factor makes transportation easy—you can carry the entire system with one hand. KEY MESSAGES CONTROL PORTABILITY The 208P features an 8 channel mixer for a variety of The EON208P is light enough to carry in one hand. The powered applications. Channels 1-4 can accept either a ¼" instrument mixer panel and dual full ranged speakers combine to form a cable or an XLR cable and have volume, reverb, treble convenient suitcase-like package. Complete with power and and bass control. Additionally, channels 1-3 allow for both connection cables that go into their own storage space designed phantom power and Hi-Z input. Channels 5 & 6 accept either to neatly tuck them into when you're done. Perfect for cafes, a stereo pair of ¼ inch TRS plugs or stereo RCA cables.
    [Show full text]
  • FTSE Korea 30/18 Capped
    2 FTSE Russell Publications 19 August 2021 FTSE Korea 30/18 Capped Indicative Index Weight Data as at Closing on 30 June 2021 Index weight Index weight Index weight Constituent Country Constituent Country Constituent Country (%) (%) (%) Alteogen 0.19 KOREA Hyundai Engineering & Construction 0.35 KOREA NH Investment & Securities 0.14 KOREA AmoreG 0.15 KOREA Hyundai Glovis 0.32 KOREA NHN 0.07 KOREA Amorepacific Corp 0.65 KOREA Hyundai Heavy Industries 0.29 KOREA Nong Shim 0.08 KOREA Amorepacific Pfd. 0.08 KOREA Hyundai Marine & Fire Insurance 0.13 KOREA OCI 0.17 KOREA BGF Retail 0.09 KOREA Hyundai Merchant Marine 1.02 KOREA Orion 0.21 KOREA BNK Financial Group 0.18 KOREA Hyundai Mipo Dockyard 0.15 KOREA Ottogi 0.06 KOREA Celltrion Healthcare 0.68 KOREA Hyundai Mobis 1.53 KOREA Paradise 0.07 KOREA Celltrion Inc 2.29 KOREA Hyundai Motor 2.74 KOREA Posco 1.85 KOREA Celltrion Pharm 0.24 KOREA Hyundai Motor 2nd Pfd. 0.33 KOREA Posco Chemical 0.32 KOREA Cheil Worldwide 0.14 KOREA Hyundai Motor Pfd. 0.21 KOREA Posco International 0.09 KOREA CJ Cheiljedang 0.3 KOREA Hyundai Steel 0.33 KOREA S1 Corporation 0.13 KOREA CJ CheilJedang Pfd. 0.02 KOREA Hyundai Wia 0.13 KOREA Samsung Biologics 0.92 KOREA CJ Corp 0.11 KOREA Industrial Bank of Korea 0.22 KOREA Samsung C&T 0.94 KOREA CJ ENM 0.15 KOREA Kakao 3.65 KOREA Samsung Card 0.08 KOREA CJ Logistics 0.12 KOREA Kangwon Land 0.23 KOREA Samsung Electro-Mechanics 0.81 KOREA Coway 0.36 KOREA KB Financial Group 1.78 KOREA Samsung Electronics 25.36 KOREA Daewoo Engineering & Construction 0.12 KOREA KCC Corp 0.12 KOREA Samsung Electronics Pfd.
    [Show full text]
  • View Complaint
    Case 1:15-cv-01221-RGA Document 4 Filed 03/24/16 Page 1 of 19 PageID #: 81 IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF DELAWARE DELAWARE DISPLAY GROUP LLC § and INNOVATIVE DISPLAY § TECHNOLOGIES LLC, § § C.A. No. 15-cv-1221-RGA § Plaintiffs, § JURY TRIAL DEMANDED § v. § § LG ELECTRONICS, INC., § LG ELECTRONICS U.S.A., INC., § LG ELECTRONICS MOBILECOMM § U.S.A., INC.,LG DISPLAY CO., LTD., § and LG DISPLAY AMERICA, INC. § § § Defendants. § PLAINTIFFS’ FIRST AMENDED COMPLAINT Delaware Display Group LLC and Innovative Display Technologies LLC (collectively, “Plaintiffs”) by and through their undersigned counsel, file this First Amended Complaint against LG Electronics, Inc.; LG Electronics U.S.A., Inc.; LG Electronics Mobilecomm U.S.A., Inc., LG Display Co., Ltd.; and LG Display America, Inc. (collectively, “LG”) THE PARTIES 1. Delaware Display Group LLC (“DDG”) is a Delaware limited liability company with its principal place of business located at 2400 Dallas Parkway, Suite 200, Plano, Texas 75093. 2. Innovative Display Technologies LLC (“IDT”) is a Texas limited liability company with its principal place of business located at 2400 Dallas Parkway, Suite 200, Plano, Texas 75093. 1 Case 1:15-cv-01221-RGA Document 4 Filed 03/24/16 Page 2 of 19 PageID #: 82 3. Upon information and belief, LG Electronics, Inc. (“LG Electronics”) is a corporation in South Korea located at LG Twin Tower 128, Yeoui-daero, Yeongdeungpo-gu, Seoul, Korea, 150-721, South Korea. Upon information and belief, LG Electronics may be served with process in South Korea pursuant to the Hague Convention on the Service Abroad of Judicial and Extrajudicial Documents in Civil or Commercial Matters.
    [Show full text]
  • Past, Present and Future Harman International 2004 Annual Report
    Harman International 2004 Annual Report Past, Present and Future Our cover is a rendering of the new Shanghai, China Oriental Arts Center. Now under construction for the 2008 Olympics, it will incorporate two concert halls, an opera house and an eleven hundred seat theater. The Oriental Arts Center is one of many totally new theatres, athletic stadia and performing art centers being built to serve the most expansive Olympics in history. Harman International has received a number of significant awards and we expect to be very well represented. China is a compelling and sometimes tantalizing story for everyone. Our past, our present and our future are writ large there. Ten years ago Harman found a voracious market for our quality home audio equipment. That was the past. Numbers of very competent Chinese manufactures have developed in the years since, and have produced excellent products with increasingly recognized Chinese brand names. That is not a promising busi- ness situation for us, although our upcoming new media centers may generate revived interest—at least for a time. Our present is represented on the cover of this report. As China surges economically, its need for supportive infrastructure grows exponentially. Our professional systems are without peer, and we expect that part of our business to grow and flourish everywhere, but especially in China. It is clearly our present. The great opportunity before us, not surprisingly, is in automotive. Predictably, China is developing as a major market for automobiles and, consequently, for our Infotainment systems. We are the leader in Europe today and we are confident that we will be the leader in North America.
    [Show full text]
  • Retirement Strategy Fund 2060 Description Plan 3S DCP & JRA
    Retirement Strategy Fund 2060 June 30, 2020 Note: Numbers may not always add up due to rounding. % Invested For Each Plan Description Plan 3s DCP & JRA ACTIVIA PROPERTIES INC REIT 0.0137% 0.0137% AEON REIT INVESTMENT CORP REIT 0.0195% 0.0195% ALEXANDER + BALDWIN INC REIT 0.0118% 0.0118% ALEXANDRIA REAL ESTATE EQUIT REIT USD.01 0.0585% 0.0585% ALLIANCEBERNSTEIN GOVT STIF SSC FUND 64BA AGIS 587 0.0329% 0.0329% ALLIED PROPERTIES REAL ESTAT REIT 0.0219% 0.0219% AMERICAN CAMPUS COMMUNITIES REIT USD.01 0.0277% 0.0277% AMERICAN HOMES 4 RENT A REIT USD.01 0.0396% 0.0396% AMERICOLD REALTY TRUST REIT USD.01 0.0427% 0.0427% ARMADA HOFFLER PROPERTIES IN REIT USD.01 0.0124% 0.0124% AROUNDTOWN SA COMMON STOCK EUR.01 0.0248% 0.0248% ASSURA PLC REIT GBP.1 0.0319% 0.0319% AUSTRALIAN DOLLAR 0.0061% 0.0061% AZRIELI GROUP LTD COMMON STOCK ILS.1 0.0101% 0.0101% BLUEROCK RESIDENTIAL GROWTH REIT USD.01 0.0102% 0.0102% BOSTON PROPERTIES INC REIT USD.01 0.0580% 0.0580% BRAZILIAN REAL 0.0000% 0.0000% BRIXMOR PROPERTY GROUP INC REIT USD.01 0.0418% 0.0418% CA IMMOBILIEN ANLAGEN AG COMMON STOCK 0.0191% 0.0191% CAMDEN PROPERTY TRUST REIT USD.01 0.0394% 0.0394% CANADIAN DOLLAR 0.0005% 0.0005% CAPITALAND COMMERCIAL TRUST REIT 0.0228% 0.0228% CIFI HOLDINGS GROUP CO LTD COMMON STOCK HKD.1 0.0105% 0.0105% CITY DEVELOPMENTS LTD COMMON STOCK 0.0129% 0.0129% CK ASSET HOLDINGS LTD COMMON STOCK HKD1.0 0.0378% 0.0378% COMFORIA RESIDENTIAL REIT IN REIT 0.0328% 0.0328% COUSINS PROPERTIES INC REIT USD1.0 0.0403% 0.0403% CUBESMART REIT USD.01 0.0359% 0.0359% DAIWA OFFICE INVESTMENT
    [Show full text]
  • Samsung Electronics Co., Ltd. and Its Subsidiaries NOTES to INTERIM CONSOLIDATED FINANCIAL STATEMENTS
    Samsung Electronics Co., Ltd. and its Subsidiaries NOTES TO INTERIM CONSOLIDATED FINANCIAL STATEMENTS 1. General Information 1.1 Company Overview Samsung Electronics Co., Ltd. (“SEC”) was incorporated under the laws of the Republic of Korea in 1969 and listed its shares on the Korea Stock Exchange in 1975. SEC and its subsidiaries (collectively referred to as the “Company”) operate four business divisions: Consumer Electronics (“CE”), Information technology & Mobile communications (“IM”), Device Solutions (“DS”) and Harman. The CE division includes digital TVs, monitors, air conditioners and refrigerators and the IM division includes mobile phones, communication systems, and computers. The DS division includes products such as Memory, Foundry and System LSI in the semiconductor business (“Semiconductor”), and LCD and OLED panels in the display business (“DP”). The Harman division includes connected car systems, audio and visual products, enterprise automation solutions and connected services. The Company is domiciled in the Republic of Korea and the address of its registered office is Suwon, the Republic of Korea. These interim consolidated financial statements have been prepared in accordance with Korean International Financial Reporting Standards (“Korean IFRS”) 1110, Consolidated Financial Statements. SEC, as the controlling company, consolidates its 276 subsidiaries including Samsung Display and Samsung Electronics America. The Company also applies the equity method of accounting for its 39 affiliates, including Samsung Electro-Mechanics.
    [Show full text]
  • Change the Way You Experience Sound
    Change the way you experience sound Samsung Galaxy Buds+ are versatile earbuds that harmonize warm, satisfying bass tones with crisp high notes delivering addictively rich tracks. With the ability to selectively tune in or out environmental noise, you can stay in the zone on a phone call or get lost in your favorite playlist, all without hitting pause. With a battery that is built to go all day1 and a customizable fit, Galaxy Buds+ are designed to move to your rhythm. Exactly what you want to hear One step to connect your Galaxy Galaxy Buds+ are the perfect fitting earbuds to isolate you from Built to pair seamlessly with Galaxy Note103, control Galaxy Buds+ distracting noises, so you can stay focused on what you want. And if from your Galaxy smartphone, smartwatch, tablet, or even with you’d like to filter in some of the outside world to be more in-tune voice assistants like Bixby or Alexa. with your surroundings, you can switch on Ambient Aware2. Hear flight announcements, oncoming traffic or your order number while Share the power still enjoying your favorite playlist or podcast. Don’t interrupt your flow. Charge Galaxy Buds+ on the go with your phone using Wireless PowerShare. Place your buds on the back of 22 hours of serious sound your Note10 or other compatible Samsung devices4 for a quick Get up to 11 hours of nonstop music on a single charge, then pop charge by sharing your phone’s battery. your Galaxy Buds+ in the wireless charging case and get nearly 11 more.
    [Show full text]
  • KT Corporation Separate Interim Financial Statements March 31, 2019 and 2018 KT Corporation Index March 31, 2019 and 2018
    KT Corporation Separate Interim Financial Statements March 31, 2019 and 2018 KT Corporation Index March 31, 2019 and 2018 Page(s) Report on Review of Interim Financial Statements …….....……….……. 1 – 2 Separate Interim Financial Statements Separate Interim Statements of Financial Position …………………………. 3 – 4 Separate Interim Statements of Profit or Loss ………….…………………… 5 Separate Interim Statements of Comprehensive Income ...………...……… 6 Separate Interim Statements of Changes in Equity ……….……….……….. 7 Separate Interim Statements of Cash Flows ………………………………. 8 Notes to the Separate Interim Financial Statements ……………………… 9 – 54 Report on Review of Interim Financial Statements (English Translation of a Report Originally Issued in Korean) To the Shareholders and Board of Directors of KT Corporation Reviewed Financial Statements We have reviewed the accompanying separate interim financial statements of KT Corporation (the “Company”). These financial statements consist of the separate interim statement of financial position of the Company as at March 31, 2019, and the related separate interim statements of profit or loss, comprehensive income, changes in equity and cash flows for the three-month periods ended March 31, 2019 and 2018, and a summary of significant accounting policies and other explanatory notes, expressed in Korean won. Management’s Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these separate interim financial statements in accordance with International Financial Reporting Standards as adopted by the Republic of Korea (Korean IFRS) 1034 Interim Financial Reporting, and for such internal control as management determines is necessary to enable the preparation of separate interim financial statements that are free from material misstatement, whether due to fraud or error.
    [Show full text]
  • The Globalization of K-Pop: the Interplay of External and Internal Forces
    THE GLOBALIZATION OF K-POP: THE INTERPLAY OF EXTERNAL AND INTERNAL FORCES Master Thesis presented by Hiu Yan Kong Furtwangen University MBA WS14/16 Matriculation Number 249536 May, 2016 Sworn Statement I hereby solemnly declare on my oath that the work presented has been carried out by me alone without any form of illicit assistance. All sources used have been fully quoted. (Signature, Date) Abstract This thesis aims to provide a comprehensive and systematic analysis about the growing popularity of Korean pop music (K-pop) worldwide in recent years. On one hand, the international expansion of K-pop can be understood as a result of the strategic planning and business execution that are created and carried out by the entertainment agencies. On the other hand, external circumstances such as the rise of social media also create a wide array of opportunities for K-pop to broaden its global appeal. The research explores the ways how the interplay between external circumstances and organizational strategies has jointly contributed to the global circulation of K-pop. The research starts with providing a general descriptive overview of K-pop. Following that, quantitative methods are applied to measure and assess the international recognition and global spread of K-pop. Next, a systematic approach is used to identify and analyze factors and forces that have important influences and implications on K-pop’s globalization. The analysis is carried out based on three levels of business environment which are macro, operating, and internal level. PEST analysis is applied to identify critical macro-environmental factors including political, economic, socio-cultural, and technological.
    [Show full text]
  • Nokia Phones: from a Total Success to a Total Fiasco
    Portland State University PDXScholar Engineering and Technology Management Faculty Publications and Presentations Engineering and Technology Management 10-8-2018 Nokia Phones: From a Total Success to a Total Fiasco Ahmed Alibage Portland State University Charles Weber Portland State University, [email protected] Follow this and additional works at: https://pdxscholar.library.pdx.edu/etm_fac Part of the Engineering Commons Let us know how access to this document benefits ou.y Citation Details A. Alibage and C. Weber, "Nokia Phones: From a Total Success to a Total Fiasco: A Study on Why Nokia Eventually Failed to Connect People, and an Analysis of What the New Home of Nokia Phones Must Do to Succeed," 2018 Portland International Conference on Management of Engineering and Technology (PICMET), Honolulu, HI, 2018, pp. 1-15. This Article is brought to you for free and open access. It has been accepted for inclusion in Engineering and Technology Management Faculty Publications and Presentations by an authorized administrator of PDXScholar. Please contact us if we can make this document more accessible: [email protected]. 2018 Proceedings of PICMET '18: Technology Management for Interconnected World Nokia Phones: From a Total Success to a Total Fiasco A Study on Why Nokia Eventually Failed to Connect People, and an Analysis of What the New Home of Nokia Phones Must Do to Succeed Ahmed Alibage, Charles Weber Dept. of Engineering and Technology Management, Portland State University, Portland, Oregon, USA Abstract—This research intensively reviews and analyzes the management made various strategic changes to take the strategic management of technology at Nokia Corporation. Using company back into its leading position, or at least into a traditional narrative literature review and secondary sources, we position that compensates or reduces the losses incurred since reviewed and analyzed the historical transformation of Nokia’s then.
    [Show full text]