Quarterly revenue of Samsung Electronics 2011-2023, by business segment

As of the fourth quarter of 2023, Samsung Electronics’ mobile experience (MX) was its biggest revenue generator, bringing in approximately 18 billion U.S. dollars. Other key segments are the company’s mobile communications and display panel businesses which also contributed significantly to total revenue.

Samsung

Samsung, perhaps best known for its consumer electronics division, owns business ventures that span across a large range of industries. Controlling some of the top companies operating in every sector from electronics to insurances to shipbuilding, Samsung ranks among the largest conglomerates in the world in terms of market value. The company employs hundreds of thousands of workers and accounts for a significant portion of South Korea’s GDP, meaning that Samsung is massively influential within its home country.

Mobile Communications segment

The cornerstone of Samsung’s success is its mobile communications segment, which includes various lines of smartphones and wearables as well as the company’s library of application software such as Samsung Pay. The company’s Samsung Galaxy line is among the most popular in the world and contributes towards making Samsung one of the largest smartphone brands in the world in terms of worldwide shipments.