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Essay

Samsung group success

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Daryl B

 

Date added:

February 16, 2016

 

Level:

University

 

Grade:

B

 

No of pages / words:

9 / 2455

 

Was viewed:

8447 times

 

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Essay content:

Samsung was not really recognized as an international powerhouse until the 1990s where before it was largely considered only a household name in Korea. So what lead to the success of Samsung in the 1990s? While there is no one deciding factor or event that lead to Samsung's success, many would agree that their entrance and their efficiency in to the semiconductor market and innovative adaptation of the six sigma supply chain management has lead them to be one of the best managed firms in the world...
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Despite entering the semiconductor business late in 1983, Samsung is now the world's 2nd largest semiconductor distributor behind Intel. The turning point in the company's history was in February of 1983 when Lee Byung Chul, the CEO of Samsung Group made a push towards a large investment in memory chips and was determined to break into the semiconductor market (Kim, 1998)...
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