November 27, 2014 10:06 PM ET

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Company Overview of Samsung Electronics America, Inc.

Company Overview

Samsung Electronics America, Inc. supplies consumer electronics and digital products in the United States. The company operates through two divisions, including Consumer Business Division and the Enterprise Business Division. The Consumer Business Division offers a range of digital products for the home and personal use, including LEDs and plasma TVs, home theater systems, camcorders, refrigerators, washers and dryers, ranges, dishwashers, microwave ovens, and vacuums. The Enterprise Business Division provides a range of technology products and solutions for businesses sizes across various industries, such as LFDs, monitors, mobile computing products, a line of color and mono laser printers ...

85 Challenger Road

Ridgefield Park, NJ 07660

United States

Founded in 1978

Phone:

201-229-4000

Fax:

201-229-4029

Key Executives for Samsung Electronics America, Inc.

Chief Executive Officer
Age: 72
President
President of Information Technology Division
Co-President of Consumer Electronics Division
Vice President and General Counsel
Compensation as of Fiscal Year 2014.

Samsung Electronics America, Inc. Key Developments

Samsung Electronics America, Inc. Appoints John Herrington as Senior Vice President, General Manager of Home Appliances, Effective November 17, 2014

Samsung Electronics America, Inc. announced the appointment of John Herrington as senior vice president, general manager of Home Appliances, effective November 17, 2014. Herrington will report to Joseph Stinziano, executive vice president of the Consumer Business Division at Samsung Electronics America. In this role, Herrington will oversee all U.S. sales and marketing for Samsung s Home Appliances. Herrington will succeed Kevin Dexter, who will lead the development of a new business segment. Kevin Dexter has been an instrumental leader in home appliance business.

Straight Path IP Group, Inc. and Defendants Samsung Electronics Co., Ltd., Samsung Electronics America, Inc. and Samsung Telecommunications America, LLC Jointly Filed Motion to Stay Patent Infringement Action

On October 24, 2014, Straight Path IP Group, Inc. and defendants Samsung Electronics Co. Ltd., Samsung Electronics America, Inc. and Samsung Telecommunications America, LLC jointly filed a motion to stay a patent infringement action pending in the United States District Court for the Eastern District of Texas. On October 29, 2014, the court granted the motion and stayed the action in light of SPIPG's intended appeal of a United States Patent and Trademark Office Patent Trial and Appeal Board's decision in Sipnet EU S.R.O. v. Straight Path and in light of three inter partes review petitions filed by Samsung. The parties were advised to inform the court within 30 days of final resolution of Samsung petitions for inter partes review and SPIPG's appeal of the Sipnet Ruling.

Samsung Electronics Expands Smart Signage Display Lineup

Samsung Electronics America, Inc. has expanded its Smart Signage display lineup with the addition of new small-form factor digital signage solutions. The DB22D-P, a 21.5-inch Full HD commercial display rated for use up to 16-hours daily. Roughly the size of a sheet of tabloid paper, it offers a smart replacement for small static posters used in retail, public spaces or corporate environments. The DB22D-T, which adds integrated touch for interactive applications. With up to 10 points of simultaneous touch, it is ideal for enhancing customer engagement and convenience, allowing guests to tap, swipe and scroll to access information. The DB10D, a 10.1-inch commercial display ideal for shelf-level advertising or cash register signage in retail or meeting room signage. Featuring the next-generation Samsung Smart Signage Platform, the new small signage displays do not require an external media player, simplifying installation and operations for a reduced total cost of ownership. With built-in WiFi, content can be delivered wirelessly, meaning that power is the only cabling required to drive the display. The displays also come with Samsung MagicInfo software for easy management and scheduling of content. All products feature HDMI, USB and D-Sub (analog) connectivity, external control via RS232C, and are rated for 16/7 operation.

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Recent Private Companies Transactions

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Date
Target
Merger/Acquisition
August 18, 2014
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