After 16 years presented in Vietnam, Samsung is now the largest investor in Vietnam with total investment capital increased nearly 30 times, to about USD 20 billion by the end of 2022. Up to now, Samsung has 6 factories, 1 Research and Development center, and 1 legal sales company. SEV (Bac Ninh) and SEVT (Thai Nguyen) are the two largest mobile phone factories of Samsung globally. 2023 was a fluctuation year for Samsung Electronics. The company's global revenue decreased by nearly 15% to USD 200 billion. Net profit was only about a quarter of last year at USD 11.8 billion, compared to 2022's profit of USD 42.6 billion.
However, the four factories in Vietnam were still a high proportion, contributing about 30% of revenue and 33.5% of profits for this group.
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Company Profile Report
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