January 05, 2001 in Social Responsibility News

SAMSUNG's Semiconductor Sales Exceed. US$10 Billion

SEOUL, Korea - January 3, 2001 - Samsung Electronics' semiconductor sales in 2000 were the best ever recorded in the company's history. The company entered this business in 1983 and sold US$10.8 billion last year-the first time it has broken the US$10 billion mark for this product category. This performance puts Samsung in fourth place in the world semiconductor industry.

A report issued by Dataquest, a research unit of the Gartner Group, on December 29 ranked the world's top semiconductor makers in terms of sales for 2000. According to the report,
Samsung recorded US$10.8 billion in semiconductor sales, which represents a 51.6% increase over sales in 1999. Samsung's share of the world semiconductor market has grown an average of 0.7% annually over the past three years, from 3.5% in 1998 to 4.2% in 1999 and 4.9% last year.

This success can be attributed to several factors. Samsung's market strategy has been to focus on value-added devices and be the first to market with new generations of DRAMs, SRAMs and flash memory chips. The company has also enjoyed strong sales increases in system LSI (non-memory) devices. In addition, Samsung has continued to enjoy a competitive advantage in production costs, enabling the company to establish a leading position in new markets.

The Dataquest statistics state that Samsung's sales increases have been evenly distributed in the major markets of the Americas (47.4%), Europe (52.1%) and Asia (53.2%). Thus, major gains have been made in those markets where demand is the greatest.

According to Dataquest, Intel of the US maintained its top spot in semiconductor sales with a record of US$29.7 billion. Toshiba, which sold US$11.2 billion worth, edged out NEC for second place, and NEC came in third with a US$11 billion performance. Samsung was ranked fourth with US$10.8 billion in sales, meaning that just over US$2 billion separates three of the world's top four semiconductor producers.

The sales figures show that the overall semiconductor market grew 31.3% in 2000 to total US$22.208 trillion. Intel's 11.0% growth was the lowest among the top twenty chipmakers,
while Samsung was among one of five companies to achieve a sales increase of at least 50%.

About Samsung Electronics
Samsung Electronics Co., Ltd., with 1999 sales revenue of US$22.8 billion, is a world leader in the electronics industry. The Korea based company has operations in over 50 countries with 54,000 employees worldwide. The company consists of three main business units: Digital Media, Semiconductors and Information & Communications Businesses. For more information, please visit our website, http://samsungelectronics.com


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