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Continue from page 13 among business partners all along the supply chain; and a strong commitment to ongoing investment, Samsung has put R&D as it’s main streamline of it’s business. Samsung is so innovative – with at least two major product announcements last month . It is heavily invested in its people, it goes in search of special talent wherever it can find it, but specifically made astute moves into Russia early on; it targets its innovations towards specific competitors and patents that it wants to overhaul l and it has an innovation culture based on extensive training, repeatable methodology and creative elite formation, backed by the highest levels of management. Samsung has the strongest team of talented researchers and engineers. More than a quarter of all Samsung employees—50,000 work everyday in research and development, and they expect that the number to surpass 70,000 by 2015 At—and among—our 42 research facilities around the world, they collaborate on strategic technologies for the future and original technologies designed to forge new market trends and set new standards for excellence. And this is a proof every day that it is formidable and heavily invested in taking leadership in many areas. Samsung has the strongest team of talented researchers and engineers. More than a quarter of all Samsung employees—50,000 work everyday in research and development, and they expect that the number to surpass 70,000 by 2015 At—and among—our 42 research facilities around the world, they collaborate on strategic technologies for the fu- Samsung's net sales for 2012 were 268.8 billion dollars. A graph shows that net sales 268.8billion dollars ture and original technologies designed to forge new market trends and set new standards for excellence. And this is a proof every day that it is formidable and heavily invested in taking leadership in many areas. According to the Samsung Electronics announcement last years 2013 performance, the results were as the following:  – Achieves record full year net income of 30.47 trillion won on sales of 228.69 trill i o n w o n – 4Q consolidated revenues reach 59.28 trillion won, operating profit of 8.31trillion won. Q-o-Q. Consolidated net profit for the quarter was 7.30 trillion won. “Amid macroeconomic uncertainties such as a strong Korean won and increased concerns over possible quantitative easing (QE) tapering in the U.S., our earnings were lower than what the market expected due to a negative currency impact of around 700 billion won and a significant one-off expense of about 800 billion won, however, fourth quarter operational results were respectably strong. Looking at the quarterly earnings trend, we expect 2014 to follow last year’s pattern of a weak Innovation has been a global enterprise at Samsung. The research and development network spans six Samsung centres in Korea and18 more in nine other countries, including the United States, the United Kingdom, Russia, Israel, India, Japan and China, as well as other reSEOUL–(Korea Newswire) January search centres and universities. 24, 2014 — Samsung Electronics Co., Closely linked, these centres are Ltd. announced revenues of 59.28 tasked with hiring top-notch local trillion Korean won on a consolitalent, investigating the latest local dated basis for the fourth technology trends, and bringing to quarter ended December 31, 2013, life those technologies that offer the which is an increase of 0.3 percent greatest benefits. That is what brings quarter-on-quarter. For the quarter, the Samsung top in this digital era. the company posted consolidated operating profits of 8.31 trillion won, By Nairobi Backer Press representing an 18-percent decline Nairobi Backer Advertisement Magazine© March 2014

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