Show mom some Mother's Day love

Get special Mother's Day savings on smartwatches, tablets, accessories and more!

May 23, 2007

Retirement of an Affiliate Company

Bluetek will be excluded from the consolidated financial statements of Samsung.

- A subsidiary to be retired
1. Name : Bluetek
2. CEO : Won Sang-Cheol
3. Financials :
Total Assets: KRW 158,756,799,197
Total Liabilities: KRW 15,285,321,939
Total Shareholder’s equity: KRW 143,471,477,258
Paid-in Capital: 29,993,240,000
4. Major Business Area: Audio Goods

- Samsung Group Status
1. Number of affiliates after the retirement: 304
2. Reason for retirement: Liquidation
3. Effective date: May 23, 2007