Revenue of Samsung Electronics 2011-2024, by quarter

In the third quarter of 2024, Samsung Electronics recorded revenues of around 79 trillion South Korean won, which amounted to approximately 57 billion U.S. dollars. The South Korean tech giant’s digital experience segment accounted for almost 30 billion U.S. dollars of this figure, while its semiconductor business netted a further five billion. 

Consumer electronics

Over the past few decades, mobile electronic devices have become an increasingly integral part of the daily lives of people across the globe, with consumer expenditures expected to exceed 730 billion U.S. dollars in 2024. As one of the world’s leading vendors of smartphones, televisions, tablets, wearables, and consumer electronics as a whole, Samsung is well positioned to take advantage of this trend. In addition to producing products to sell under the Samsung brand, the company also manufactures electronic components to be sold to other vendors, most notably displays and semiconductors.

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 and throughout the world.