Samsung Electronics was incorporated in 1969 as Samsung Electronics Manufacturing, and was listed on the Korea Stock Exchange (KSE) on June 11th, 1975. In 1984, the company was renamed as Samsung Electronics.
The Company's foreign currency denominated long term corporate bonds are rated annually by renowned international credit rating agencies. Currently, the company's credit rating is equal to or higher than the sovereign nation's credit rating. Moody's has maintained an A1 rating since July 15, 2005, while S&P has maintained an A rating on the Company since January 25, 2006.
In 2001, the three largest certified local credit rating agencies have all granted the Company with a credit rating of AAA, and the Company has not been rated by a local credit rating agency ever since. The details are as follows:
* Click the "current rating" of the following table to check the changes in each credit rating agency's rating of the Company.
|Credit rating agency||Current Rating|
|Korea Investors Service||AAA|
Samsung Electronics has three business units - CE (Consumer Electronics, Set), IM (IT & Mobile Communications, Set) and DS (Device Solutions, Component), which are again divided into businesses as follows:
- CE (Consumer Electronics) : Visual Display, Digital Appliances, Printing Solutions, Health & Medical Equipment
- IM (IT & Mobile Communications) : Mobile Communications, Networks, Digital Imaging, Media Solution Center
- DS (Device Solutions) : Memory, System LSI, LED
A 04. Samsung Electronics' BOD is comprised of nine directors, five of whom are independent directors. The table below (also shown in th CG section of the IR website) shows the details of each member.
|Vice Chairman & CEO||Oh-Hyun Kwon||Chairman of BOD / Head of Device Solutions Business|
|President||Jong-Kyun Shin||Head of IT & Mobile Communications Business|
|President||Boo-Keun Yoon||Head of Consumer Electronics Business|
|President||Sang-Hoon Lee||CFO / Overall management support|
|Independent Director||Eun-Mee Kim||Independent director recommendation committee, CSR committee|
|Independent Director||Han-Joong Kim||Audit scommittee, Related party transactions committee, Independent director recommendation committee, CSR committee|
|Independent Director||Kwang-Soo Song||Audit scommittee, Related party transactions committee, Compensation committee, CSR committee|
|Independent Director||Byeong-Gi Lee||Independent director recommendation committee, Compensation committee, CSR committee|
|Independent Director||In-Ho Lee||Audit scommittee, Related party transactions committee, Compensation committee, CSR committee|