August 23, 2017 7:24 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, Consumer Business Division and 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, such as LFDs, monitors, mobile computing products, color and mono laser printers and copiers, solid state drives, set top boxes, and virtual desktop inf...

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.

President and Chief Operating Officer
CEO of Samsung Electronics North America and President of Samsung Electronics North America
Age: 75
President of Information Technology Division
Co-President of Consumer Electronics Division
Vice President and General Counsel
Compensation as of Fiscal Year 2017.

Samsung Electronics America, Inc. Key Developments

Andrea Electronics Corporation Enters into a Litigation Settlement Agreement with Samsung Electronics Co., Ltd. and Samsung Electronics America, Inc

On August 16, 2017, Andrea Electronics Corporation entered into a Settlement Agreement with Samsung Electronics Co., Ltd. and Samsung Electronics America, Inc. (together, Samsung). Under the Settlement Agreement the company settled outstanding litigation between the company and Samsung including Andrea Electronics Corporation v. Samsung Electronics Co., Ltd. and Samsung Electronics America, Inc., Civ. Action No. 2:16-cv-05217, pending in the Eastern District of New York and Certain Audio Processing Hardware and Software and Products Containing the Same, Inv. No. 337-TA-1026, pending at the International Trade Commission. In addition, the company and Samsung entered into a Patent License Agreement.

Samsung Electronics Introduces New Portable SSD T5

Samsung Electronics America, Inc. announced the introduction of the Samsung Portable SSD T5 – the newest portable solid state drive (PSSD) that raises the bar for the performance of external memory products. The T5, built with Samsung’s latest 64-layer V-NAND technology, delivers transfer speeds with encrypted data security in a compact and durable design, making it easier than ever for consumers to access their most valuable data anywhere, at any time. Delivering stunning speeds of up to 540 MB/s – up to 4.9 times faster2 than external HDD products – the new T5 is designed especially for content creators, business and IT professionals as well as mainstream consumers to give instant, easy access to data. The aluminum exterior comes in two distinct metal finishes – Deep Black (1TB and 2TB models) and Alluring Blue (250GB and 500GB models). With no moving parts and a shock-resistant internal frame, the T5 offers users peace of mind as it can withstand accidental drops of up to 2 meters (6.6 feet)3. The Samsung Portable SSD Software4 for PCs and Macs based on the AES 256-bit hardware data encryption makes it easy to configure security settings and receive the latest firmware and software updates. A mobile app5 is also available for Android smartphones and tablets for even further convenience. In addition, the T5 includes two connection cables – USB-C to C and USB-C to A – for enhanced compatibility across numerous devices. The T5 comes with a three-year limited warranty and will be available globally August 15, 2017 with a manufacturer’s suggested retail price (MSRP) starting at $129.99 for the 250GB model.

Samsung Launches Voice Capabilities for Bixby in US

Samsung Electronics America, Inc. announced that the voice-based feature of Bixby will be available starting July 18, 2017, for Galaxy S8 and S8+ owners in the U.S. Bixby is a smarter way to use a Samsung phone, enabling people to get more done with their smartphone. With this Bixby update, Galaxy S8 and Galaxy S8+ owners will be able to navigate through select phone apps, services and settings with a combination of voice commands and touch. Bixby is a first of its kind experience on a Samsung smartphone. Users can now use their voice to do many things they do with touch. Users can ask Bixby to complete simple tasks like turning on the flashlight, taking a screen shot, or taking a selfie. Bixby can complete more complex tasks like creating a photo album of all the pictures a user took last week and calling it “Vacation,” and then sharing those photos with family and friends. Bixby will be fully integrated across several core Samsung apps at launch, with plans to continuously expand to support additional languages, features, third-party apps and devices. To enable Bixby’s voice-based capabilities, Galaxy S8 and S8+ owners in the U.S. can press the Bixby button to begin on boarding starting July 18, 2017. Once the software is updated, users can activate Bixby by holding the dedicated button on the Galaxy S8 and Galaxy S8+ phones, or by simply saying, “Hi, Bixby.” The Bixby update will be available starting July 18, 2017 on Galaxy S8 and S8+ from AT&T, Sprint, T-Mobile, Verizon and U.S. Cellular. Bixby users will earn experience points (XPs) the more they use Bixby, when sending a message, making a call, updating settings or giving feedback.

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