KBS <Current Affairs Window> ‘Samsung, the lost decade’
2024-03-12 14:41:08
However, if you want to see it more holistically, you need to look at changes in the global IT industry and the world situation in addition to 'Samsung's internal factors'.
Samsung Electronics, which has been at the cutting edge, has continued to grow endlessly and has grown by more than 17% annually for 15 years from 1998 to 2013, when financial statements were secured.
The average annual growth rate, which was 17% over the previous 15 years, only averaged 1.25% during this period (2013-2023).
Samsung Electronics has only grown at a low rate of around 1% over the past 10 years.
As exports account for around 90%, the dollar standard is more meaningful to judge actual growth excluding exchange rates, but Samsung Electronics' performance in 2023, which was converted to dollars, recorded negative growth compared to 2013.
If you follow this context, you will see a big picture of the rise and fall of the Korean chip industry and its future direction.
