SAMSUNG WANTS TO ACHIEVE SALES VOLUME OF USD25BN BY 2010 IN CHINA

AsiaInfo Services, October, 2004

AsiaInfo Services 10-28-2004 Samsung Wants to Achieve Sales Volume of USD25bn by 2010 in China CHINA, Oct 28, 2004 (SinoCast via COMTEX) -- Samsung CEO Yun Jong-Yong promised on October 25 that his company will achieve a sales volume of USD25 billion in China by 2010 on one leg of his global tour exhibition. Once the promise is realized, Samsung would overpass Sony and jump into the top three in the world's consumer electronics industry. Yun Jong-Yong says, they will make some relevant adjustments inthe company's business structure to prepare for the coming of digital time.

Now, Samsung has withdrawn its washing machine and air-conditioner production line from China. Yun also says, the digital and IT products grow very fast in China market, which will be...

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