Samsung in China can be traced back in the 1970s. China and South Korea did not established diplomatic relations in the history, and Samsung enterprise imported coal from China through Hong Kong, which was the first trade between South Korea and new China. Since China and South Korea established diplomatic relations in 1992, in the same year in August, Samsung Electronics invested in Huizhou, China--Samsung Electronics Co., Ltd. Since then, Samsung Electronics continued to increase its investment and cooperation in China, by 2002, its cumulative investment in China reached 2.6 billion U.S. dollars, becoming the largest Korean company investing in China.
The production, sales and service of Samsung covers Beijing, Tianjin, Shandong,Shanghai, Jiangsu, Zhejiang, Guangdong, Hong Kong, Taiwan and other regions. By 2009, the total number of its employees in China has reached 2. 8 million, the total sales was 17.8 billion dollars, of which export 7.8 billion. Fortune Global 500 companies named Samsung for many years among the best. In 2009, "Business Week" published in INTERBRAND that Samsung ranked 19th with 150 billion in brand value and in the recent five consecutive years, Samsung rose to become one of the fastest growing companies in brand value.
Samsung Electronics focuses on several areas, including semiconductors, mobile phones, monitors, laptop, TV, refrigerator, air conditioner, digital cameras and other IT products. Samsung Electronics is always the number one in many areas such as dynamic memory, static memory, CDMA mobile phones, computer monitors, LCD TV, color TV and other 20 kinds of products. In the end of 2009, Samsung mobile phone ranked second in global market share, right after Nokia, but its market share growth rate in the word ranked the first, even surpass Nokia.
Samsung is not only an active electronic manufacturer but also an active member in sport games. By now, Sainsung Electronics has sponsored four consecutive Olympics. It is...