Can Samsung Beat Intel by 2010?

Mr Hwang Chang-gyu, the chief executive of Samsung Electronics’
semiconductor division declared that Samsung will endeavor to make the semiconductor
division of Samsung Electronics reach $ 40 billion in sales by 2010 and become
the world’s No.1 semiconductor manufacturer—both in memory and non-memory
sectors—surpassing Intel and others. In an exclusive interview with Korean
media Dong-A Ilbo on September 15th
at the Samsung Electronics semiconductor plant in Giheung District, Hwang said,
“On the basis of its diverse semiconductor portfolio, Samsung Electronics
will be able grow over 20 percent annually to achieve 40 billion dollars in
sales by 2010, twice the level of what it currently sells.”

He went on to say that even though Intel has so far dominated
the semiconductor market, in the future, however, Samsung Electronics will gradually
take the center stage as memory-based fusion/convergence semiconductors lead
the market. In the interview, Hwang called Lee Kun-hee, the chairman of Samsung
Group, “a business philosopher who took business management up to the
level of philosophy.” He said, “Chairman Lee has a consistent and
profound philosophy on ‘nurturing of talents’ and ‘research
and development (R&D).’ His business philosophy has been the key factor
that made Samsung Electronics’ semiconductor division what it is now.”

Mr Hwang Chang-gyu, the chief executive of Samsung Electronics’
semiconductor division declared that Samsung will endeavor to make the semiconductor
division of Samsung Electronics reach $ 40 billion in sales by 2010 and become
the world’s No.1 semiconductor manufacturer—both in memory and non-memory
sectors—surpassing Intel and others. In an exclusive interview with Korean
media Dong-A Ilbo on September 15th
at the Samsung Electronics semiconductor plant in Giheung District, Hwang said,
“On the basis of its diverse semiconductor portfolio, Samsung Electronics
will be able grow over 20 percent annually to achieve 40 billion dollars in
sales by 2010, twice the level of what it currently sells.”

He went on to say that even though Intel has so far dominated
the semiconductor market, in the future, however, Samsung Electronics will gradually
take the center stage as memory-based fusion/convergence semiconductors lead
the market. In the interview, Hwang called Lee Kun-hee, the chairman of Samsung
Group, “a business philosopher who took business management up to the
level of philosophy.” He said, “Chairman Lee has a consistent and
profound philosophy on ‘nurturing of talents’ and ‘research
and development (R&D).’ His business philosophy has been the key factor
that made Samsung Electronics’ semiconductor division what it is now.”

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