February 12, 1999 in Social Responsibility News

Samsung Electronics Enters the "Combi-card" Chip Arena

Seoul, South Korea - February 12, 1999 - Samsung Electronics Co., Ltd. has become fully engaged in the production of combination cards, an area characterized by sophisticated, next-generation technology. On February 5, the company, along with Samsung SDS Co., Ltd., invited some 200 dignitaries from the Korean government, academia and related corporate interests to a briefing on the "combi-card" chip and its operating system held at Samsung Electronics' Chang-chung Education Center in Seoul.

The "combi-card" chip conforms to next-generation IC card standards. It can be applied to a wide range of areas requiring the latest technology, including operating system security, electronic commerce systems, electronic finance systems, bus cards, subway cards and electronic wallets.

Samsung's new "combi-card" chip is the first single chip in Korea that includes both contact and non-contact formats. Samsung succeeded in developing the new product by incorporating its technology in memory chips with that of System LSI (large-scale integration).

The "combi-card" can process the CPU (central processing unit) at much quicker rates. In addition, by including a high-capacity 8K EEPROM (Electrically Erasable and Programmable Read Only Memory) and 24K ROM (Read Only Memory) in the chipset, the range of applications is very broad.

In 1993, Samsung Electronics became the first in Korea to develop a contact card. Since then, the company has continued to expand its technology in card chips and has purchased radio frequency design technology from On Track Innovations Ltd. (Oti) of Israel. Samsung now expects the strategic importance of its System LSI business to increase rapidly, given its high growth potential.

Samsung Electronics and Samsung SDS have applied the new "combi-card" chip to systems used within the Samsung Group. Development has also been completed for a system that allows entry to subway passengers. The company now plans to strengthen its "combi-card" business by diversifying applications to include financial systems and traffic systems.

Samsung Electronics Co., Ltd., with 1998 sales revenue of more than 17 billion dollars (US), is a world leader in the electronics industry. The Korea-based firm has operations in more than 50 countries and 60,000 employees worldwide. The company consists of three main business units: Multimedia & Home Appliances, Semiconductors and Information & Telecommunications. For more information, please visit our website, http://www.samsungelectronics.com.

Samsung SDS Co., Ltd., with headquarters in Seoul, is Korea's leading information technology services company. Other main businesses of Samsung SDS include software development, systems integration, information system management, IT education, as well as Internet and on-line services. Samsung SDS has over 6,000 employees worldwide and recorded a 1998 net sales of US$796 million (KRW ; 9,662 billion). Samsung SDS, an affiliate of Samsung Group, was founded in 1985 as a system integrator for the 61 affiliates of the Group. For more information, please visit http://www.sds.samsung.co.kr.


Welcome to Samsung

Sign up & get 10% off

Sign up and get 10% off your first order of $100 or more! Shop Samsung.com to find the best tech at the best prices and recieve news on our latest technology and exclusive offers.*

*Exclusion apply. Order must be a minimumm of $100 or more. Offer valid only for new Samsung.com customers. Must sign up for emails by 11/12/16. Promo code must be used by 11/19.

Fast, easy checkout with Shop Samsung App
Easy sign-in, Samsung Pay, notifications, and more!
Or continue shopping on Samsung.com
×
The Shop Samsung app
Free standard shipping, exclusive offers and financing options.
GET
×
The Shop Samsung app
Free standard shipping, exclusive offers and financing options.
GET
×

You Are About To Be Redirected To Investor Relations Information for U.S.

Thank you for visiting Samsung U.S. Investor Relations. You will be redirected via a new browser window to the Samsung Global website for U.S. investor relations information.
CANCEL
CONTINUE
×

Redirect Notification

As of Nov. 1, 2017, the Samsung Electronics Co., Ltd. printer business and its related affiliates were transferred to HP Inc.

For more information, please visit HP's website: http://www.hp.com/go/samsung


Select CONTINUE to visit HP's website.

CANCEL
CONTINUE