Which company is more powerful, Samsung Group or Apple in South Korea?

Samsung Group is quite a monopoly for South Korea, and its status in the United States is very different from that of Apple.

In the proportion of global smartphone revenue in the second quarter of 2018, Samsung mobile phones accounted for only 17%, while Apple accounted for 62% of the total revenue. Among the Fortune 500, Samsung ranks 12th and Apple ranks 11th. From this perspective, Samsung cannot compare with Apple.

In fact, just comparing Samsung Group and Apple, they are not on the same level at all. Samsung Group currently accounts for about 1/5 of South Korea's overall economic GDP. This is compared with Apple. There is a huge difference. Samsung is an oligopoly in the strict sense. From a category perspective, Samsung's mobile phones are just a relatively important department of the Samsung Group. In addition to agriculture, Samsung Group is involved in almost every field, including electronic industry, machinery and heavy industry, chemical industry, financial services, logistics and other industries!

In addition, Samsung Group also has some subsidiaries. The industries that these subsidiaries extend are even wider. In shipbuilding, fine chemicals, petroleum, insurance, venture capital, hotels, medical centers, real estate, welfare institutions, economic research institutes, and in heavy industry, including Samsung Heavy Industries and Samsung Fine Chemicals, South Korea plays a decisive role, and in the world It is also very famous. At the same time, Samsung also controls the supply chain of most semiconductors in the more important department of mobile phones. For example, Samsung is not a mobile phone manufacturer that has a monopoly on flash memory particles. In addition, Samsung is also close to a monopoly on screens. .

In addition, Samsung also has its own cameras, processors, etc. Samsung is almost self-sufficient in everything used on mobile phones. This is a very scary place. In comparison, although Apple's net profit is very high, compared with Samsung, Apple is still a hardware company and does not have an absolute say in the supply chain system. Overall, Apple still relies on its brand and LS software. In terms of strength, it does better than Samsung, especially the iPhone's mobile phone profit, which is the highest in the entire smartphone industry.

So in summary, Apple is definitely incomparable with Samsung Group, but in comparison, Apple has almost achieved the ultimate in mobile phones, including smart hardware. You must know that such a high amount of The profit margin is simply beyond the imagination of domestic manufacturers. In terms of the company's market value and software, Apple is great. In terms of invention and innovation and hardware, South Korea is great. Many brands of mobile phone screens are made in South Korea.

In general, Samsung Group is stronger than Apple.