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Issue:

Business

 

Written by:

Earline C

 

Date added:

November 13, 2014

 

Level:

University

 

Grade:

B

 

No of pages / words:

1 / 230

 

Was viewed:

9047 times

 

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Essay content:

During this time, the company also took steps to enhance its competitive position in the world's textile industry, integrating its manufacturing processes from raw materials to end products. As a result, many new companies were created including SAMSUNG Heavy Industries Company in 1974, and SAMSUNG Shipbuilding Company (created when SAMSUNG acquired Daesung Heavy Industry Company) and SAMSUNG Precision Company (now SAMSUNG Techwin) in 1977...
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SAMSUNG only produced semiconductors for the domestic market until the successful development of a 64K DRAM (Dynamic Random Access Memory) VLSI chip in December 1983, when it became a world leader in semiconductor products. The early 1990s presented tremendous challenges for high-tech businesses. Mergers, coalitions, and buy-outs were common while competition and consolidation flourished...
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