Samsung Electronics — research brief

Slug: samsung · Queue id: 100 · Theme: hardware
Researched: 2026-10-16 · Home market: Korea (South Korea)
Sources: Samsung IR consolidated financial statements, Global Newsroom FY2025 results, Q4 2025 earnings conference materials, Samsung Sustainability Facts & Figures, company About / product pages.

Labels: FACT = stated in a primary company filing or IR release; SECONDARY = reputable press restating company figures; INFERENCE = calculated from stated figures or convenience-translated.


Company

Samsung Electronics Co., Ltd. (KRX: 005930) is a Korea-based electronics group spanning finished devices (smartphones, TVs, appliances — Device eXperience / DX) and components (memory, system LSI, foundry — Device Solutions / DS), plus Samsung Display (SDC) and Harman (automotive + consumer audio). Headquarters Suwon / Seoul area, Korea. Fiscal year = calendar year ended December 31.

Full-year financials (FY2025)

Metric FY2025 FY2024 Source
Revenue KRW 333,605,938M · USD 234,622,273 thousand ($234.6B) KRW 300,870,903M · USD 211,599,996 thousand FACT — consolidated statements of profit or loss (convenience USD Note 2.18)
Operating profit KRW 43,601,051M · USD 30,664,255 thousand ($30.7B) KRW 32,725,961M · USD 23,015,895 thousand FACT — same
Profit for the year (net) KRW 45,206,805M · USD 31,793,569 thousand ($31.8B) KRW 34,451,351M · USD 24,229,348 thousand FACT — same
YoY revenue growth +10.9% (KRW or USD) — INFERENCE: (333.606−300.871)/300.871

Newsroom (Jan 29, 2026): full-year revenue KRW 333.6 trillion, operating profit KRW 43.6 trillion (FACT). R&D investments full-year record KRW 37.7 trillion (FACT, Newsroom).

USD figures above are Samsung’s own convenience translation in the English consolidated statements (thousands of USD, Note 2.18) — treated as FACT for atlas ranking (REF_FX has no KRW).

Segment sales (FY2025, KRW)

From Q4 2025 earnings conference (eng) + Sustainability Facts & Figures (based on net sales; intersegment included so division % can exceed 100% before eliminations):

Division FY2025 sales Share (Facts & Figures %) Notes
DX (Device eXperience) KRW 188.0T 52% MX (mobile) KRW 126.5T; VD/DA KRW 57.3T (conference)
DS (Device Solutions) KRW 130.1T 36% Memory KRW 104.1T; AI/HBM strength in H2
SDC (Samsung Display) KRW 29.8T 8% OLED panels etc.
Harman KRW 15.8T 4% Automotive + lifestyle audio

Operating profit FY2025 (conference): DX KRW 12.9T; DS KRW 24.9T; SDC KRW 4.1T; Harman KRW 1.5T (FACT).

USD segment figures on the canvas are INFERENCE scaled from Samsung’s convenience USD total × (segment KRW / consolidated KRW revenue).

Geography (FY2025)

Samsung Sustainability Facts & Figures — Sales by region (based on net sales):

Region KRW trillion %
Americas 133.3 40%
Europe 53.3 16%
Korea 46.6 14%
Asia and Africa 100.4 30%

Home market = Korea (14%). Share outside home = 86% (FACT % published; also INFERENCE (100−14) or (333.6−46.6)/333.6).

Headcount

Employees at year-end 2025: 259,149 (Global 134,585; Korea 124,564) — FACT, Facts & Figures. Not invented.

Business model (plain language)

Samsung sells (1) finished consumer and enterprise devices through carriers, retailers, distributors, and samsung.com, and (2) semiconductors / display panels to other OEMs (including large memory customers). Vertical manufacturing (fabs, display plants, device assembly) is a core resource. Main Money Map engine = hardware (device + component product sales), not ads or subscription.

What we did not invent

Key primary URLs

# Samsung Electronics — research brief

**Slug:** `samsung` · **Queue id:** 100 · **Theme:** hardware  
**Researched:** 2026-10-16 · **Home market:** Korea (South Korea)  
**Sources:** Samsung IR consolidated financial statements, Global Newsroom FY2025 results, Q4 2025 earnings conference materials, Samsung Sustainability Facts & Figures, company About / product pages.

Labels: **FACT** = stated in a primary company filing or IR release; **SECONDARY** = reputable press restating company figures; **INFERENCE** = calculated from stated figures or convenience-translated.

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## Company

Samsung Electronics Co., Ltd. (KRX: 005930) is a Korea-based electronics group spanning finished devices (smartphones, TVs, appliances — Device eXperience / DX) and components (memory, system LSI, foundry — Device Solutions / DS), plus Samsung Display (SDC) and Harman (automotive + consumer audio). Headquarters Suwon / Seoul area, Korea. Fiscal year = calendar year ended December 31.

## Full-year financials (FY2025)

| Metric | FY2025 | FY2024 | Source |
|--------|--------|--------|--------|
| Revenue | KRW 333,605,938M · **USD 234,622,273 thousand ($234.6B)** | KRW 300,870,903M · USD 211,599,996 thousand | FACT — consolidated statements of profit or loss (convenience USD Note 2.18) |
| Operating profit | KRW 43,601,051M · USD 30,664,255 thousand ($30.7B) | KRW 32,725,961M · USD 23,015,895 thousand | FACT — same |
| Profit for the year (net) | KRW 45,206,805M · USD 31,793,569 thousand ($31.8B) | KRW 34,451,351M · USD 24,229,348 thousand | FACT — same |
| YoY revenue growth | **+10.9%** (KRW or USD) | — | INFERENCE: (333.606−300.871)/300.871 |

Newsroom (Jan 29, 2026): full-year revenue KRW 333.6 trillion, operating profit KRW 43.6 trillion (FACT). R&D investments full-year record KRW 37.7 trillion (FACT, Newsroom).

USD figures above are **Samsung’s own convenience translation** in the English consolidated statements (thousands of USD, Note 2.18) — treated as FACT for atlas ranking (REF_FX has no KRW).

## Segment sales (FY2025, KRW)

From Q4 2025 earnings conference (eng) + Sustainability Facts & Figures (based on net sales; intersegment included so division % can exceed 100% before eliminations):

| Division | FY2025 sales | Share (Facts & Figures %) | Notes |
|----------|--------------|---------------------------|-------|
| DX (Device eXperience) | KRW 188.0T | 52% | MX (mobile) KRW 126.5T; VD/DA KRW 57.3T (conference) |
| DS (Device Solutions) | KRW 130.1T | 36% | Memory KRW 104.1T; AI/HBM strength in H2 |
| SDC (Samsung Display) | KRW 29.8T | 8% | OLED panels etc. |
| Harman | KRW 15.8T | 4% | Automotive + lifestyle audio |

Operating profit FY2025 (conference): DX KRW 12.9T; DS KRW 24.9T; SDC KRW 4.1T; Harman KRW 1.5T (FACT).

USD segment figures on the canvas are **INFERENCE** scaled from Samsung’s convenience USD total × (segment KRW / consolidated KRW revenue).

## Geography (FY2025)

Samsung Sustainability Facts & Figures — Sales by region (based on net sales):

| Region | KRW trillion | % |
|--------|--------------|---|
| Americas | 133.3 | 40% |
| Europe | 53.3 | 16% |
| **Korea** | **46.6** | **14%** |
| Asia and Africa | 100.4 | 30% |

**Home market = Korea (14%). Share outside home = 86%** (FACT % published; also INFERENCE (100−14) or (333.6−46.6)/333.6).

## Headcount

Employees at year-end 2025: **259,149** (Global 134,585; Korea 124,564) — FACT, Facts & Figures. Not invented.

## Business model (plain language)

Samsung sells (1) finished consumer and enterprise devices through carriers, retailers, distributors, and samsung.com, and (2) semiconductors / display panels to other OEMs (including large memory customers). Vertical manufacturing (fabs, display plants, device assembly) is a core resource. Main Money Map engine = **hardware** (device + component product sales), not ads or subscription.

## What we did **not** invent

- No ARR, valuation, smartphone unit share, or user counts beyond what IR/sustainability states.
- No KRW→USD freelancing beyond Samsung’s published convenience columns and proportional segment scaling labeled INFERENCE.

## Key primary URLs

- https://news.samsung.com/global/samsung-electronics-announces-fourth-quarter-and-fy-2025-results
- https://images.samsung.com/is/content/samsung/assets/global/ir/docs/2025_con_quarter04_soi.pdf
- https://images.samsung.com/is/content/samsung/assets/global/ir/docs/2025_4Q_conference_eng.pdf
- https://www.samsung.com/global/sustainability/digital-library/facts-figures/
- https://www.samsung.com/global/ir/financial-information/audited-financial-statements/