In Korea in order to improve the image in order to get rid of the scandal shadow, Samsung Electronics recently announced the future development strategy of the company, plans to expand in South Korea and other areas of investment. The company's strategy is to hope that its semiconductor sales in 2012 reached $61 billion, when there are 24 wafers in South Korea, Samsung electronics semiconductor business revenue in 2004 was $17 billion 600 million.
Samsung also expressed the hope to become a full range of integrated mobile phone (all-in-one mobile phone) is the leading manufacturer, and hope that in 2010 its liquid crystal display (LCD) sales reached $20 billion in 2004, Samsung Electronics LCD business revenue of $8 billion 400 million. Samsung Electronics vice chairman and CEO Jong Yong Yun said in a public statement, expected in 2010 to become one of the world's three major electronics manufacturers, both in quality and in quantity, the market ranked first in the product range from 8 at present to increase more than 20, while sales in 2004 than doubled.
Samsung Electronics announced five major goals: 2010 to become one of the world's three largest electronics manufacturers; before 2010 sales revenue in 2004 based on the multiplication; by 2010, with 20 global sales of the first products; Determination of 8 new growth points, including digital TV (DTV) products and printer; innovation in all 6 main business area.
Since 2004 the overall sales of Samsung Electronics has reached $55 billion 600 million, in accordance with the planning of Samsung Electronics, its sales in 2010 will be more than $110 billion. Jong Yong Yun pointed out that Samsung will focus on 8 areas, including memory chips, the next generation of monitors, mobile communications, digital TV, printers, system LSI chips, large capacity memory and air conditioning systems.
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