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Sony vs Samsung

Sony vs Samsung

Sony, is a Japanese multinational conglomerate corporation headquartered in Kōnan Minato, Tokyo, Japan. Samsung Electronics is a South Korean multinational electronics company headquartered in Suwon, South Korea.

 

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Ceev Xiong

Ceev Xiong

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...Sony Corporation ("Sony") and Samsung Electronics Co., Ltd. ("Samsung") today announced that the two companies have signed agreements to transition the current business relationship with respect to LCD panels.

Article: Sony sells its stake in S...
Source: Engadget -
Ceev Xiong

Ceev Xiong

42 Knowledge Cards 

This transition between the companies will create more flexibility, speed and efficiency in both production and operations.  Therefore, Samsung will wholly own producing S-LCD panels and Sony will recieve approximately 1.08 trillion KRW. 

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At the start, his business focused primarily on trade export, selling dried Korean fish, vegetables, and fruit to Manchuria and Beijing. In little more than a decade, Samsung-which means "three stars" in Korean-would have its own flour mills and confectionery machines, its own manufacturing and sales operations, and ultimately evolve to become the modern global corporation that still bears the same name today.

Article: About Samsung
Source: About Samsung

"Look at the difference between Samsung and Sony. Samsung has a lot more foreigners involved in senior management. It's not exclusively Korean. It's innovating in terms of creating new products in a way Sony hasn't done for 20 years," he said.

Article: Time for Japan to let go ...
Source: The Japan Times Online
Ceev Xiong

Ceev Xiong

42 Knowledge Cards 

Modern corporations should be alert in the marketplace if they want to innovate and succeed in this competitive market.  Samsung Korea, according to this source, have more foreignors involved.  The driving factor for success for innovations are ideas, and bringing those from outsiders sparks a new beginning.

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Because Japanese firms don't value those who challenge the status quo, it is difficult for an agent of change to succeed in Japan, he said. "Conflicts are essential for any culture to grow," [said Dean Williams, lecturer on leadership and public policy director at Harvard University's John F. Kennedy School of Government.]

Article: Time for Japan to let go ...
Source: The Japan Times Online
Ceev Xiong

Ceev Xiong

42 Knowledge Cards 

In this article, William urges Japan to accept globlization to better improve their economic well being.  We can mostly agree with Deam Williams that it's important for a country to provide a future vision for its people; however, change is good for the better and can start from anyone, not just politicians and business owners.

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The two tech giants have failed to come to an agreement on licensing terms over mobile technology patents which went before a US district Court. This has resulted in them lodging complaints with the trade commission.

Article: Samsung Now Seeking Sony ...
Source: Samsung Now Seeking Sony ...
Ceev Xiong

Ceev Xiong

42 Knowledge Cards 

The dispute between these two companies, Samsung and Sony, is about the license fees Samsung has to pay.  In this particluar article, "Samsung is attempting to ban the import of a few [Sony] Ericsson products to the U.S."

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[This book] explores the divergent fortunes of these two electronics giants in the last decade and identifies the true reasons behind Sony's decline and Samsung's rise. Contrary to popular belief, Chang shows that success (or failure) does not simply arise from different strategies. Rather, it emerges from major decisions that are deeply rooted in the companies' organizational processes and their executives' political behavior.

Article:   Sony vs Samsung: The Insi…
Source:  Offline Book/Journal
Ceev Xiong

Ceev Xiong

42 Knowledge Cards 

This book was reviewed by a few professors from top universities, such as the London Business School, Harvard Business School and The Wharton School, University of Pennsylvania, and recommended for readers to learn more about these two company's culture and success (or failures).

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[T]his year, that divide is confirmed: Samsung is #26, Sony is #477.

Article: Samsung v. Sony--The Grow...
Source: Forbes
Ceev Xiong

Ceev Xiong

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The Forbes Global 2000 lists the largest public companies based on a composite ranking of, according to this source, "sales, profits, assets and market capitalization." 

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See the steadily growing divide between two Asian consumer-electronics giants, Sony and Samsung. Sony was once the preeminent name, and as late as our 2002 list outranked Samsung Electronics, 103 to 110.

Article: Samsung v. Sony--The Grow...
Source: Forbes

Originally called Tokyo Tsushin Kogyo (Tokyo Telecommunications Engineering Company), Sony’s roots go back over half a century to 1946 when it was founded by Masaru Ibuka and Akio Morita.

Article: About Sony
Source: The History of the Sony C...

From its inception as a small export business in Taegu, Korea, Samsung has grown to become one of the world's leading electronics companies, specializing in digital appliances and media, semiconductors, memory, and system integration. Today Samsung's innovative and top quality products and processes are world recognized.

Article: About Samsung
Source: About Samsung
Ceev Xiong

Ceev Xiong

42 Knowledge Cards 

The beginning of Korea's Samsung orginated, according to their corporate profile history, "in March 1, 1938 by the founding chairman Byung-Chull Lee in Taegu, Korea with 30,000 Won."  At first, his business was focus on exporting dried Korean fish, fruits and vegetables to Manchuria and China. 

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