October 22, 2016 4:00 AM ET


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





Key Executives for Samsung Electronics America, Inc.

President and Chief Operating Officer
Chief Executive Officer of Samsung Electronics North America and President of Samsung Electronics North America
Age: 74
President of Information Technology Division
Co-President of Consumer Electronics Division
Vice President and General Counsel
Compensation as of Fiscal Year 2016.

Samsung Electronics America, Inc. Key Developments

Samsung Electronics America Unveils Galaxy TabPro S Gold Edition

Samsung Electronics America has announced the launch of the Galaxy TabPro S Gold Edition. This brilliantly designed 2-in-1 device lets to stream, browse and game on a vibrant Super AMOLED display, and when it's time to work, the TabPro S gets down to business with a bundled full-size keyboard, Windows 10 and an Intel processor. The Galaxy TabPro S Gold Edition delivers a wealth of productivity features available through the Windows 10 operating system, resulting in one of the most advanced 2-in-1 experiences on the market. With 8GB of RAM and a 256GB Solid State Drive (double the memory and storage of the previous model), consumers are able to work more efficiently, store more and enjoy their favorite content no matter where they are. This 2-in-1 incorporates advanced technology to maximize performance and power efficiency. With enhanced fast charging features, the Samsung Galaxy TabPro S's battery can fully charge in as little as 2.5 hours, and offers up to 10.5 hours of battery life on a single charge. For power-driven performance, the Galaxy TabPro S is equipped with a 6th generation Intel Core M processor, designed for a fanless 2-in-1 to deliver the slimmest profile. This 2-in-1 tablet has the only Super AMOLED display for Windows on the market, meaning the Samsung Galaxy TabPro S will give consumers a best-in-class viewing experience.

Samsung Electronics America, Inc. Unveils Built-In Cooking Products

Samsung Electronics America, Inc. has announced that it is entering the built-in home appliance market with built-in cooking products available beginning November 2016. Samsung's new built-in cooking line features appliances which bring a fresh level of design, connectivity and performance to the built-in category. The line-up features meaningful innovations that combine the designs consumers have come to expect from Samsung, a new level of connectivity that brings true simplicity into the kitchen and exceptional performance. The entire line-up is available in traditional stainless steel and Samsung's popular black stainless steel finish. One of the key drivers in kitchen layout and remodeling is design. Samsung's built-in appliances deliver high level of design that customers have come to expect. With clean lines, meaningful features such as illuminated knobs, and a choice of finishes for the modern kitchen, the new built-in line is the perfect fit for any kitchen. All appliances are equipped with Wi-Fi connectivity, so can remotely start, control and turn off oven as well as monitor cooktop and range hood from smartphone. Bluetooth connectivity syncs the cooktop with Samsung's range hood to automatically start the hood's fans or lights when using the cooktop. The new line is even capable of working with the Samsung SmartThings Hub as part of the connected home. The new Samsung Built-in Double and Single Wall Ovens feature Steam Cook technology, so can easily bake and roast with professional results for ultimate performance. Samsung is introducing the industry's first Triple Oven in a Double Oven cut-out with exclusive Flex Duo technology found in select built-in ovens, enabling to cook two different dishes at different temperatures simultaneously within the same oven compartment. In addition to the interior halogen lighting, the wall ovens have signature LED lights in the door, which effectively illuminate the oven's 5.1 cu. ft. capacity - capacity that can comfortably accommodate a roast, multiple casserole dishes or several racks of cookies. Each oven is Wi-Fi enabled and includes a temperature probe allowing to monitor, adjust time and temperature, preheat and turn off oven from smartphone. Settings like Rapid Preheat, Gourmet Cook, Delay Bake and Convection Conversion make for easier, more convenient cooking, while heavy-duty easy-glide racks, a hidden heating element and Hybrid Self Clean mode make clean-up a snap. Samsung wall ovens will be available at retailers and online ranging from $2,199 to $3,999. Samsung's new line of built-in cooktops includes gas, induction and electric options available in both 30-inch and 36-inch sizes, so can find a cooktop to match cooking preference and kitchen design. And Samsung's new built-in range hood, also in both sizes, seamlessly syncs up with select cooktops to complete the set. The Built-in Gas Cooktop brings professional-level cooktop configurations to the home, packaged with Samsung's design elements and convenient connectivity. Top features include a professional-level 22K BTU dual power burner for high performance, a first for a built-in gas cooktop in the US; ergonomically-designed, easy-to-grip premium knobs; and a removable cast iron griddle and wok grate. Samsung gas cooktops will range from $1,199 to $1,699. The Built-in Induction Cooktop combines innovation with the power, precision and connectivity cooks desire. Top features include a FlexZone feature which automatically adjusts heat to adapt to different pot shapes and sizes; digital touch controls with a new adjustable, magnetic knob; and Samsung's Virtual Flame technology which replicates the visual of a gas flame. Samsung induction cooktops will range from $2,099 to $2,499 The Built-in Electric Cooktop transforms the cooking process with a thoughtful combination of highly flexible cooking configurations, sleek design and powerful performance. Top features include a powerful 3.3 kW Rapid Boil element that offers intense heat and precise control; the Sync Burner feature, which lets control two burners simultaneously; and 15 different heat settings for complete control and various dual/triple/warming zone options. Samsung electric cooktops will range from $1,099 to $1,499. Samsung's Built-in Range Hood introduces connectivity features, intuitive functionality, maximum cooking control and beautiful design. Top features include a new dishwasher-safe metal baffle filter that helps keep the air clean by drawing grease and odor through the hood for better ventilation. The sleek and modern wall mount chimney-style hood also offers 600 CFM, LED lighting and Bluetooth technology allowing it to sync directly with select Samsung cooktops. Samsung range hoods will range from $1,099 to $1,299.

Samsung Electronics America Inc Faces Potential Class Action Lawsuit in US over Galaxy Note 7

Samsung Electronics America Inc. is facing a proposed class action lawsuit from three Galaxy Note 7 customers, according to a filing in a federal court in Newark, New Jersey. The complaint against Samsung Electronics America Inc. seeks to represent a nationwide class of Note 7 customers in Nevada, Pennsylvania and California. The smartphone maker last week permanently ended sales of the fire-prone Note 7 smartphone less than two months after its launch. Samsung announced the recall of 2.5 million Note 7s in early September 2016 following numerous reports of the phones catching fire in what could be one of the costliest product safety failures in tech history. The complaint, filed on 16 October, 2016 alleges that the consumers discontinued using the phones after the recall, but were asked to wait days or weeks for a replacement phone. The complaint states that the consumers continued to incur monthly device and plan charges for phones they could not use.

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