Summary: Samsung Electronics Co. Ltd.
- ID: 1721483
- April 2011
- Standard & Poors
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.
The ratings on Korea-based Samsung Electronics Co. Ltd. (SEC) reflect the company's leading position in most of its main businesses, such as global memory semiconductors, TFT-LCD panels, and TV sets, and its strong position in the mobile handset market. Based on its strong technological leadership and brand power, the company is able to maintain robust profitability and a solid financial profile. These factors are offset by its exposure to cyclical and capital-intensive businesses, fierce technological and price competition in major product lines, and the complex organizational structure of the Samsung Group. SEC continues to benefit from having strengthened its leading market positions throughout the downturn in 2009. The company increased its market share in the global DRAM industry to 38%...
Companies mentioned in this report are: Samsung Electronics Co. Ltd.
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