SAMSUNG ELECTRONICS VIETNAM THAI NGUYEN COMPANY LIMITED, registered under the Business ID (TIN) 4601124536, is located at Yen Binh Industrial Park, Dong Tien Ward, Pho Yen City, Thai Nguyen Province, Vietnam. The company commenced operations on 19 Mar 2013, marking its official entry into the business sector. With a charter capital of VND 2,092,000,000,000, SAMSUNG ELECTRONICS VIETNAM THAI NGUYEN COMPANY LIMITED is financially equipped to support its business activities. The company specializes in manufacture of communication equipment, providing a diverse range of products and services. The strategic decisions of SAMSUNG ELECTRONICS VIETNAM THAI NGUYEN COMPANY LIMITED are overseen by PARK S, who plays a critical role in guiding the company's direction.
After 16 years, 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. SEV (Bac Ninh) and SEVT (Thai Nguyen) are known as 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.
For the subject, both net sales and net income decreased significantly in 2023 but they were huge on the side of quantity. The subject's operation was efficient. On 17 Apr 2024, the 1 billionth mobile phone produced by the subject's factory was officially completed. In general, default risk is assessed at lowest.
The basic company report from Vietnam Business Information covers fundamental aspects and highlights the core competencies and operational focus of SAMSUNG ELECTRONICS VIETNAM THAI NGUYEN COMPANY LIMITED. Additionally, the comprehensive company report provides an in-depth analysis and valuable opinions from Vietnam Business Information’s professional analysts.