Samsung Electronics Hcmc Ce Complex Co., Ltd (Vietnam)

The subject acts as a factory of the Samsung group with a focus on manufacture of electronic devices (TVs, etc.). It is a member of the Samsung group which has penetrated in Vietnamese market since 1995 through a trading business - SAMSUNG VINA ELECTRONICS CO.,LTD in HCMC, SAMSUNG ELECTRONICS VIETNAM COMPANY LIMITED in Bac Ninh (2008), SAMSUNG SDI VIETNAM CO., LTD in Bac Ninh (2009), SAMSUNG SDS VIETNAM COMPANY LIMITED in Bac Ninh (2011), SAMSUNG ELECTRONICS VIETNAM THAI NGUYEN COMPANY LIMITED in Thai Nguyen (2013) and so on. These imply that the Samsung group has expanded production capacity and create a supply chain. In addition, it is one of major subsidiaries of the Samsung group now.Samsung Electronics Co., Ltd (KRX: 005930, KRX: 005935, LSE:SMSN, LuxSE: SMSEL) – ultimate parent company's major shareholders were Samsung Life Insurance Co., Ltd – 8.51%, Samsung C&T Corporation – 5.01% as of September 30, 2023. The Samsung group's business divisions form a two-pronged framework consisting of finished products businesses (DX division) and component businesses (DS Division, SDC and Harman). The Samsung group's revenue for DX division accounted for 68.2% of the total revenue and this division ranked at first position in 3Q23. Meanwhile, it is operating in this division (see news section about this division, from raw material to output). In 3Q23, the Samsung group's customers included Apple, Best Buy, Deutsche Telekom, Qualcomm, and Verizon.