When one thinks about successful smartphone companies, Apple may be the first company that comes to mind. The reality is, however, that Samsung currently holds a greater piece of the pie in regards to the smartphone market. Samsung has been able to out-compete Apple in a tremendous fashion and has become extremely successful over the past few years. It is incredible to see what Samsung has been able to accomplish through its creation of innovative smartphone products.
Currently, Samsung holds over 30 percent of the market in regards to the global smartphone market. This indicates that Samsung must be doing something right to retain its customers and deliver excellent products to them. With over 230,000 individuals employed throughout the globe, Samsung has enough manpower to create highly competitive products on the market.
Samsung also has a tremendous influence on the economy of other countries. In Korea, the sale of Samsung products accounts for 17 percent of the country's total Gross Domestic Product (GDP). This is truly incredible when one considers the numerous products that are flowing out of Korea on a daily basis. Statistics indicate that at least 100 television sets are sold every minute throughout the world. This just shows the gigantic success to which Samsung has risen over the years.
In 2011, the net sales for Samsung also showed true success. Samsung was able to make over $247 billion. One of the other great qualities of Samsung is in its drive to become a more environmentally-friendly company. The company is committed to reducing its negative impact on the environment. It has invested billions of dollars in research so that it can reduce the greenhouse gases that it emits from company factories.
It will be interesting to continue to see how Samsung succeeds in the future. It will also be interesting to see whether Samsung is able to continue to outcompete Apple. As Apple continues to place new products on the market, we will just have to wait and see what types of products Samsung can create in order to compete. It will be an interesting race to watch for the future.
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Currently, Samsung holds over 30 percent of the market in regards to the global smartphone market. This indicates that Samsung must be doing something right to retain its customers and deliver excellent products to them. With over 230,000 individuals employed throughout the globe, Samsung has enough manpower to create highly competitive products on the market.
Samsung also has a tremendous influence on the economy of other countries. In Korea, the sale of Samsung products accounts for 17 percent of the country's total Gross Domestic Product (GDP). This is truly incredible when one considers the numerous products that are flowing out of Korea on a daily basis. Statistics indicate that at least 100 television sets are sold every minute throughout the world. This just shows the gigantic success to which Samsung has risen over the years.
In 2011, the net sales for Samsung also showed true success. Samsung was able to make over $247 billion. One of the other great qualities of Samsung is in its drive to become a more environmentally-friendly company. The company is committed to reducing its negative impact on the environment. It has invested billions of dollars in research so that it can reduce the greenhouse gases that it emits from company factories.
It will be interesting to continue to see how Samsung succeeds in the future. It will also be interesting to see whether Samsung is able to continue to outcompete Apple. As Apple continues to place new products on the market, we will just have to wait and see what types of products Samsung can create in order to compete. It will be an interesting race to watch for the future.






