Samsung Electronics eyeing US$10bn in revenues in 2011

The Samsung electronics which is known for its worldwide influence is on the process of expecting a minimum of a turnaround of US$10bn this year. The company is having known to achieve a seven billion dollar last year. The company’s chief executive officer has told the reporters that Samsung is planning strategically to achieve the target and implementing the same at the earliest. Samsung Electronics has created a major impact in the electronics sector all across the globe. It is known for its richness in quality and customer service throughout the world.
The company very recently introduced the hyper connected products which fall in its Life Concept thinking. Julio Hong, the president of the company’s for Chile operations told the reporters that the company is eyeing for the new revenue as it has got all kinds of recent activities being implemented. None can deny the fact that the hyper connected products that are being produced by Samsung, is the very much needed ones in this fast moving twenty first century. On the other hand, Hong was witnessed telling the reports that the company had a steady and rapid growth in the Northern Americas too. He stated that in the year 2010 alone the company witnessed a growth of sixty percent in Latin America and one hundred and twenty percent in Chile.
He also added that the scenarios of this kind are based on the progress of the economy. It does not depend only on the company and its products instead on the growth and the fall of the economy. He also stated that Samsung is reaching millions of homes across the globe through its various products like television, cell phones, camera and white products. This is the growth of both the technology and the world. He says that the pressure in the global market is too much to handle and the company is playing the wait and watch game in all aspects without any complications. In fact the company is in the process of increasing the revenues at least by a close of some large percent when compared with the previous year’s performance. The truth that the Samsung is going on a high progress and at a constant and steady pace cannot be ignored. The main picture is it is eyeing on the world’s market from a different but beneficial perspective by which fine results will be fetched.

By: Teni Sow | Senior Editor at Tambapress.com and Regular Contributor to Presspresser.com

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Category: Business/ Economy