Samsung Electronics in 2017 with Jan Dawson

Samsung Electronics in 2017 with Jan Dawson
Jan Dawson from Jackdaw research discussed the business and executives behind Samsung Electronics & their recent profitable 2nd quarter in 2017 & its acquisition of Harmann Kardon.

Jan Dawson from Jackdaw Research, host of Beyond Devices and Tech Narratives podcast joined us in a two part conversation discussing the tech narratives of the technology giants in Asia & the Korean chaebol: the Samsung Group. In the second of the two part conversation, we discussed the Samsung Group, and how the business is structured into various subsidiaries and the key executives who are behind the consumer electronics giant. Jan also explained the recent high profitability for Samsung in the 2nd quarter, 2017 and how it might approach the self driving car space with the acquisition of Harmann Kardon.

Here are the interesting show notes and links to the discussion (with time-stamps included):

  • Jan Dawson (@jandawson), founder of Jackdaw research and host of the Beyond Devices and the Beyond Devices podcast (iTunes, SoundCloud) with Aaron Miller. [1:14]
  • Samsung Electronics in 2017 (Wikipedia, Samsung Electronics in Bloomberg, Reuters) [1:25]
    • Quick Introduction: Samsung is a South Korean multinational electronics company headquartered in Suwon, South Korea with market capitalization of approximately 367.8T won ~ US$0.33T. (Ref: Money, Power, Family: Inside South Korea’s Chaebol, NY Times) 
    • What is the mission & vision of the Samsung Conglomerate or in Korean language, we called the Chaebol? [1:49]
    • How is the Samsung divided up into their separate subsidiaries and what are their key business lines? For example, their semiconductors and screens run independently from Apple, yet compete with them at the same time with the mobile phone with Samsung Galaxy 8. [2:57] 
    • Who are the key executives or board members of Samsung or their subsidiaries, for example, consumer electronics, mobility & components business relating to OLED screens & solid state drives in mobile phones? [7:00]
      • Kwon Oh Hyun
      • Yoon Boo Keun
      • Shin Jong Kyun
    • Samsung is expected to report the highest profit in Q2 2017 with revenue up 18% and profit up 72% from last year, where are the profitability coming from? [9:03]
    • Is Samsung mobile growing or just in the plateau or decline? [11:40]
    • Given that it’s a year after the Samsung Note 7 debacle, in your opinion, do you think that the company has managed to recover from their setback with the Galaxy 8? [12:44]
    • Will they rebrand the Note 8 or just stick with the brand name? [15:10]
    • If we reverse this hypothetically to Apple, have it been much worse for them? [16:27] (Check out Jan Dawson and Aaron Miller’s “Beyond Devices” episode 63 where they did an excellent discussion on brand recalls in history in context to the Samsung Note 7).
    • Is Samsung’s recent acquisition of Harman Kardon signaled their focus into the autonomous vehicles space? [18:49]
    • Additional reference: A deep dive on Samsung Electronics by Jan Dawson in Techpinions (require subscription).
    • In Verne Harnish’s “Fortune: the Greatest Decisions of All Time”, Lee Kuh Hee, the founder & Chairman of Samsung made an important decision to let its star performers to take a sabbatical and it helped to internationalise the company.

Podcast Information:

The show is hosted by Bernard Leong (@bleongcw) and are sponsored by Ideal Workspace (Twitter, Facebook and LinkedIn) with their new Altizen Desk on Indiegogo (Twitter, Facebook, Medium). Also check out Ideal Workspace’s new standing desk, Altizen and sign up for their mailing list. Sound credits for the intro music: Taro Iwashiro, “The Beginning” from Red Cliff Soundtrack.