Martin Engegren Samsung Business Report 2012 q2

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1H12 Business Report

I. Corporate Overview Affiliates


As of end-1H 2012, Samsung Group had a total of 84 domestic affiliates. Compared to end-2011, 8 new affiliates (Colombo Korea, Saengbo real estate investment company #1, Idea Company Prog, Samsung Bioepis, Samsung Display, Top Cloud Corporation, Samsung Corning Advanced Glass, LLC., Nuri Solution) were added and two (Samsung LED, Medison Healthcare) were excluded. Among Samsung Groups 84 affiliates, 17 including Samsung Electronics are listed, and 67 are unlisted. (As of June 30, 2012)
No. of affiliates Name of affiliates Samsung C&T, Cheil Industries, Samsung Electronics, Samsung SDI, Samsung Techwin, Samsung Life Insurance, SEMCO, Samsung Heavy Industries, Samsung Card, Hotel Shilla, Samsung Fire & Marine Insurance, Samsung Securities, S1, Samsung Fine Chemicals, Samsung Engineering, Cheil Worldwide, Credu, Samsung Everland, Samsung Petrochemical, Samsung SDS, Samsung General Chemicals, Samsung Total Petrochemicals, Samsung Lions, SERI, STECO, Samsung Thales, SEMES, Living Plaza, Samsung Corning Precision Materials, Samsung SNS, Samsung Electronics Service, Samsung Electronics Logitech, SECRON, Hantok Chemicals, Global Tech, CVnet Corporation, Care Camp, e Samsung International, Allat Corp., SECUI.com, Wealthia.com, Open Tide Korea, Samsung Futures, 365Homecare, Samsung Venture Investment Corporation, Samsung Asset Management, Saengbo, Samsung Claim Adjustment Service, Anycar Service, World Cyber Games, S-LCD Corporation, SD Flex, SEHF Korea, Gemi Plus Distribution, SB LiMotive, Samsung Bluewings, Samsung Mobile Display, HTSS, Bonavie, RAY, Songdo Land Mark City, S-Core, GES, S1 CRM, EXE C&T, Open Hands, SEnPol, Samsung Medison, Samsung Biologics, Miracom Inc., Samsung Life Service, Prosonic, SMP, STM, SSLM, SU Materials, Colombo Korea, Idea Company Prog, Samsung Display, Samsung Bioepis, Saengbo real estate investment company #1, Top Cloud Corporation, Nuri Solution, Samsung Corning Advanced Glass

Listed

17

Unlisted

67

Total

84

Refer to Affiliates in III. Corporate Governance and Affiliates for more details about domestic and overseas affiliates.

Subsidiaries Subject to Consolidated Financial Statements


As of end-1H 2012, Samsung Electronics consolidated subsidiaries totaled 160 with nine subsidiaries (Samsung Display, Tianjin Samsung LED Co., Ltd., Samsung LED America Inc., Samsung LED Europe GmbH, MSpot Inc., Samsung Nanoradio Design Center, Nanoradio Hellas AE, General RF Modules AB, Nanoradio Inc.) being newly included and five (Medison Healthcare, Samsung LED America Inc., Samsung LED Europe GmbH, HX Diagnostics, Inc., HX Reagents, Inc.) excluded compared to end-2011. Following is the list of consolidated subsidiaries. (Million won)
Subsidiaries Samsung Electronics America Inc. Samsung Receivables Corporation Samsung Semiconductor Inc. Samsung Electronics Canada Inc. Samsung Information Systems America Inc. Grandis, Inc. Samsung International Inc. Samsung Mexicana S.A. de C.V Samsung Telecommunications America LLC. Samsung Austin Semiconductor LLC. Samsung Electronics Mexico S.A. De C.V. SEMES America Inc. Samsung Electronics Latino America Miami, Inc. Samsung Electronics Latinoamerica (Zona Libre) Samsung Electronics Venezuela, C.A. Samsung Electronica Colombia S.A. Samsung Electronica Da Amazonia LTDA. Samsung Electronics Argentina S.A. Samsung Electronics Chile Limitada Samsung Electronics Peru S.A.C. Samsung Electronics (UK) Ltd. Established in 1978.07 1998.03 1983.07 1980.07 1988.1 2002.06 1983.1 1988.03 1992.01 1996.02 1995.07 1998.1 1995.05 1989.04 2010.05 1997.03 1994.1 1996.06 2002.12 2010.04 1995.07 Major business Sale of electronic goods Bond management Sale of electronic goods Sale of electronic goods R&D R&D CTV production Production of electronic goods Sale of telecom products Production of semiconductors Production and sale of electronic goods Semiconductor equipment Sale of electronic goods Sale of electronic goods Marketing and services Sale of electronic goods Production and sale of electronic goods Marketing and services Sale of electronic goods Sale of electronic goods Sale of electronic End2011 asset
9,816,571 1,417,067 5,974,863 343,599 161,978 101,518 39,466 639,849 2,235,101 6,952,894 1,094,270 1,244 128,132 207,644 7,310 223,711 2,434,259 45,324 240,201 165,884 996,860

Stake Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50%

Classified as major subsidiary O O O O O O X O O O O X O O X O O X O O O

goods Samsung Electronics(London) Ltd. Samsung Telecoms (UK) Ltd. Samsung Electronics Holding GmbH Samsung Semiconductor Europe GmbH Samsung Electronics GmbH Samsung Opto-Electronics GmbH Samsung Electronics Iberia, S.A. Samsung Electronics France S.A.S Samsung Electronics Hungarian RT. Samsung Electronics Czech and Slovak s.r.o. Samsung Electronics Italia S.P.A. Samsung Electronics Europe Logistics B.V. Samsung Electronics Benelux B.V. Samsung Electronics LCD Slovakia s.r.o. Samsung Electronics Romania LLC Samsung LCD Netherlands R&D Center B.V Samsung LCD Netherlands R&D Center(UK)Limited Samsung LCD Netherlands R&D Center(HK)Limited Samsung Electronics Polska, SP.Zo.o Samsung Electronics Portuguesa S.A. Samsung Electronics Nordic Aktiebolag Samsung Semiconductor Europe Limited Samsung Electronics Austria GmbH Samsung Electronics Slovakia s.r.o Samsung Electronics European Holding Cooperatief U.A. 1999.01 1998.01 1982.02 1987.12 1984.12 2002.02 1989.01 1988.01 1989.1 2010.01 1991.04 1991.05 1995.07 2007.03 2007.09 2005.08 2006.02 2007.02 1996.04 1982.09 1992.03 1997.04 2002.01 2002.06 2008.1 Holding company (Liquidation underway) Sale of electronic goods (Liquidation underway) Holding company Sale of semiconductors and LCD Sale of electronic goods Sale of electronic goods (Liquidation underway) Sale of electronic goods Sale of electronic goods Production and sale of electronic goods Sale of electronic goods Sale of electronic goods Logistics Sale of electronic goods TFT-LCD processing Sale of electronic goods R&D R&D R&D Sale of electronic goods Sale of electronic goods Sale of electronic goods Sale of semiconductor and LCD Sale of electronic goods Production of CTV and monitors Holding company
8,249

Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50%

X X O O O X O O O O O O O O O X X X O O O O O O O

27,609 597,292 1,338,671 938,999 11,557 788,575 986,708 1,318,553 117,664 863,204 1,368,673 820,042 464,666 93,636 30,730 611 14 491,320 154,152 422,504 113,311 246,370 2,361,719 3,796,937

Samsung Electronics Poland Manufacturing SP.Zo.o Samsung Electronics Greece S.A. Samsung Electronics Baltic SIA Samsung Electronics Overseas B.V. Samsung Electronics Rus LLC Samsung Electronics Rus Company LLC Samsung Electronics Ukraine LLC Samsung Electronics Ukraine Company LLC Samsung Moscow Research Centre Samsung Electronics Kazakhstan LLP Samsung Electronics KZ and Central Asia LLP Samsung Electronics Rus Kaluga LLC Samsung Russia Service Company LLC Samsung Electronics West Africa Samsung Gulf Electronics Co., Ltd. Samsung Electronics East Africa Samsung Electronics South Africa(Pty) Ltd. Samsung Electronics Turkey Samsung Semiconductor Israel R&D Center,Ltd. Samsung Electronics Levant Co.,Ltd. Samsung Electronics Morocco SARLAU Samsung Japan Corporation Samsung Yokohama Research Institute Samsung Telecommunications Japan Co. Samsung Electronics Display (M) Sdn. Bhd. Samsung Electronics Malaysia Sdn. Bhd. Samsung Vina Electronics Co., Ltd. Samsung Asia Private Ltd. Samsung India Electronics Private Ltd. Samsung India Software Operations Private Ltd.

2010.02 2010.04 2001.1 1997.01 1999.03 2006.1 2004.01 2008.09 2011.11 2006.07 2008.09 2007.07 1997.11 2010.03 1995.05 2011.12 1994.06 1984.12 2007.1 2009.07 2009.11 1975.12 1992.08 2008.09 1995.03 1989.09 1995.01 1990.12 1995.08 2005.05

Production of home appliances Sale of electronic goods Sale of electronic goods Sale of electronic goods Marketing Sale of electronic goods Marketing Sale of electronic goods R&D Marketing Sale of electronic goods Production of CTV Service Marketing Sale of electronic goods Marketing Sale of electronic goods Sale of electronic goods R&D Sale of electronic goods Sale of electronic goods Sale of electronic goods R&D Sale of telecom systems and services Production and sale of electronic goods Production of home appliances Production and sale of electronic goods Sale of electronic goods Production and sale of electronic goods R&D

318,277 92,448 56,309 137,559 12,968 1,509,256 849 174,687 7,579 889 145,616 1,125,145 35,180 53,973 310,428 3,745 617,754 432,656 13,571 6,367 93,700 2,856,471 212,957 763,809 914,625 247,643 136,973 822,673 1,090,390 93,108

Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50%

O O O O X O X O X X O O X O O X O O X X O O O O O O O O O O

Samsung Electronics Australia Pty. Ltd. PT Samsung Electronics Indonesia PT Samsung Telecommunications Indonesia Thai-Samsung Electronics Co., Ltd. Samsung Electronics Philippines Corporation Samsung Electronic Philippine Manufacturing Corp. Batino Realty Corporation Samsung Malaysia Electronics (SME) Sdn. Bhd. Samsung Electronics Asia Holding Pte. Ltd. Samsung Electronics Bangladeshi Research Center Samsung Electronics Vietnam Co., Ltd. Samsung Telecommunications Malaysia Sbn. Bhd. Dongguan Samsung Mobile Display Co., Ltd. Tianjin Samsung Mobile Display Co., Ltd. Samsung Electronics Hong Kong Co., Ltd. Suzhou Samsung Electronics Co., Ltd. Samsung Suzhou Electronics Export Co., Ltd. Samsung (CHINA) Investment Co., Ltd. Samsung Guangzhou Mobile R&D Center Samsung Tianjin Mobile Development Center Samsung Electronics Suzhou Semiconductor Co., Ltd. Samsung Electronics (Shandong) Digital Printing Co., Ltd. Samsung Electronics Huizhou Co., Ltd. Tianjin Samsung Electronics Co., Ltd. Samsung Electronics Taiwan Co., Ltd. Beijing Samsung Telecom R&D Center

1987.11 1991.08 2003.03 1988.1 1996.03 2001.03 2001.01 2003.05 2006.07 2010.08 2008.03 2009.08 2001.11 2004.06 1988.09 1995.04 1995.04 1996.03 2010.01 2010.08 1994.12 1993.03 1992.12 1993.04 1994.11 2000.09

Sale of electronic goods Production and sale of electronic goods Sale of telecom systems and services Production and sale of electronic goods Sale of electronic goods Production of electronic goods Real estate management Sale of electronic goods Holding company R&D Production of electronic goods Sale of telecom systems and services TFT-LCD production TFT-LCD production Sale of electronic goods Production of home appliances Production of home appliances Sale of electronic goods R&D R&D Semiconductor processing Production of printers Production of electronic goods Production of electronic goods Sale of electronic goods R&D

465,978 647,891 27,307 1,169,778 110,285 293,079 4,967 704,132 720,667 3,857 2,217,392 9,217 820,043 358,204 1,155,606 729,169 335,453 3,323,358 30,917 9,110 746,386 732,472 2,984,592 781,324 1,794,858 22,895

Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% SPC Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50%

O O X O O O X O O X O X O O O O O O X X O O O O O X

Tianjin Samsung Telecom Technology Co., Ltd. Shanghai Samsung Semiconductor Co., Ltd. Samsung Electronics Suzhou Computer Co., Ltd. Samsung Electronics Suzhou LCD Co., Ltd. Samsung Suzhou LCD Co., Ltd Shenzhen Samsung Kejian Mobile Telecommunication Technology Co., Ltd. Samsung Electronics Shanghai Telecommunication Co., Ltd. Samsung Semiconductor (China) R&D Co., Ltd. Samsung Electronics China R&D Centre Samsung Electronics Hainan Fiberoptics Co., Ltd. Samsung Electronics (Beijing) Service Company Limited Tianjin Samsung Opto-Electronics Co., Ltd. World Cyber Games Prosonic Samsung Mobile Display SU Materials STECO

2001.03 2001.1 2002.09 2002.09 2011.07 2002.02 2001.11 2003.04 2004.05 2004.04 2005.01 1994.02 2000.07 2005.02 2008.09 2011.08 1995.06

Prodution of telecom products Sale of semiconductor and LCD Production of electronic goods TFT-LCD processing TFT-LCD processing Sale of telecom products Sale of telecom and network products R&D R&D Production of fiber optic and cable Services Production of camera and camcorder Game tournaments Medical sonography manufacturing Manufacturing and sale of TFT-LCD and AMOLED Production of electronic goods Production of semiconductor components Semiconductor/FPD manufacturing equipment Semiconductor equipment Electronics goods repair services Manufacturing and sale of TFT-LCD Sale of electronic goods Optic cable, camera module Total logistic services Team and game sponsorship

1,664,989 2,024,403 1,411,349 520,520 166,093 182,063 13,748 14,202 8,816 83,359 82,133 249,562 1,814 22,099

Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50%

O O O O O O X X X O O O X X O X O

9,590,909

23,188

91,280

SEMES SECRON Samsung Electronics Service S-LCD Corporation Living Plaza SEHF Korea Samsung Electronics Logitech Samsung Bluewings

1993.01 1993.11 1998.1 2004.04 1996.07 2004.12 1998.04 2008.12

439,732

Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50%

O O O O O O O X

109,752 234,825 4,940,886 445,055 196,760 183,747 4,267

GES RAY SVIC #6 Venture Capital Union

2009.02 2004.1 2005.07

Semiconductor equipment Dental CT Investment in venture firms and new technologies Investment in venture firms and new technologies Investment in venture firms and new technologies Investment in venture firms and new technologies Investment in venture firms and new technologies Investment in venture firms and new technologies Investment in venture firms and new technologies Investment in venture firms and new technologies Medical equipment Medical equipment Medical equipment Medical equipment Medical equipment Medical equipment Medical equipment Medical equipment Medical equipment Medical equipment Medical equipment Medical equipment Medical equipment Medical equipment Medical equipment Medical equipment Manufacturing and sale of TFT-LCD

8,516 3,699 141,310

Over 50% Over 50% Over 50%

X X O

SVIC #7 Venture Capital Union

2005.07

2,180

Over 50%

SVIC #14 Venture Capital Union

2009.05

102,694

Over 50%

SVIC #20 Venture Capital Union

2011.03

32,676

Over 50%

SVIC #21 Venture Capital Union

2011.11

20,108

Over 50%

SVIC #22 Venture Capital Union

2011.11

20,104

Over 50%

Hi Pioneer Private Securities Investment Trust 1 TNP Small/Medium Size & Venture Enterprises Growth Promotion Investment Limited Partnership(TSUNAMI) Samsung Medison Samsung Medison Brasil Ltda. Samsung Medison America Inc. SONOACE Deutschland GmbH Samsung Medison France S.A.S. Samsung Medison Italia S.r.l. Samsung Medison Europe B.V. Samsung Medison Shanghai Medical Instrument Co., Ltd. Medison (shanghai) Co., Ltd. Medison Medical Equipment Shanghai Co., Ltd. Samsung Medison Japan Co., Ltd. Samsung Medison India Private Ltd. Medision Medical Systems India Private Ltd. Nexus DX Inc. Deltapoint Cardiac Diagnostics, Inc. Nanogen Recognomics GmbH Samsung Display

2011.08

29,249

Over 50%

2011.08 1985.07 1995.12 1992.01 2001.1 2005.11 2008.1 2005.11 1992.11 2003.09 2005.03 1995.01 2009.01 1997.1 2009.07 1993.04 2001.07 2012.04

3,436 305,623 20,765 10,192 12,349 4,194 7,842 3,047 18,690 3,665 838 5,549 3,469 367 8,076 0 0 0

Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50% Over 50%

X O X X X X X X X X X X X X X X X O

Tianjin Samsung LED Co., Ltd. MSpot Inc. Samsung Nanoradio Design Center Nanoradio Hellas AE General RF Modules AB Nanoradio Inc.

2009.05 2004.11 2004.02 2007.11 2004.01 2005.07

LED production Software R&D R&D R&D R&D

413,777 10,080 28,076 1,408 40 1

Over 50% Over 50% Over 50% Over 50% Over 50% Over 50%

O X X X X X

Companies whose total assets were KRW50 billion or more at end-2011 are classified as major subsidiaries.

Total Number of Shares, etc.


1. Total number of shares ( As of June 30, 2012) (Unit: # of shares) Classification I. No. of authorized shares II. No. of shares issued III. No. of shares decreased 1. Capital reduction 2. Share cancellation 3. Redemption of redeemable shares 4. Others IV. No. of outstanding shares (II-III) V. Treasury shares VI. Float (IV-V) Common 400,000,000 155,609,337 8,310,000 8,310,000 147,299,337 16,539,582 130,759,755 Type of shares Preferred Total 100,000,000 500,000,000 23,893,427 179,502,764 1,060,000 9,370,000 1,060,000 9,370,000 Note Treasury share cancellation -

22,833,427 170,132,764 2,979,693 19,519,275 19,853,734 150,613,489

2. Treasury shares In 1H 2012, Samsung Electronics distributed 103,165 common shares in relation to the exercise of stock options of current and former management and employees as well as 269,867 common shares in association with the Samsung LED merger. As of end-1H 2012, Samsung Electronics held 16,539,582 common treasury shares and 2,979,693 preferred treasury shares. (As of June 30, 2012) (# of shares)
Acquisition method Share type Periodbeginning shares Change Acquisition Disposal Cancellation (+) (-) (-) 373,032 Period-end shares

Direct acquisition Acquisition under the Capital Market Act

IntraCommon market direct acquisition Preferred Common TOB Preferred Exercise Common of appraisal Preferred right Sub-total Common (a) Preferred Shares held by trustee Shares held in kind Sub-total (b) Common Preferred Common Preferred Common Preferred Common Preferred

16,912,614 2,979,693 16,912,614 2,979,693 16,912,614 2,979,693

16,539,582 2,979,693 16,539,582 2,979,693 16,539,582 2,979,693

- - - - - -

- 373,032 - - - - - - - - - -

Acquisition under trust contracts

Other acquisitions (c)

Total (a+b+c)

Common Preferred

373,032 -

- -

Voting Shares
Samsung Electronics issued 147,299,337 common shares, which is 29.5% of authorized shares. The company issued 22,833,427 preferred shares. 16,539,582 common treasury shares held by the company and preferred shares do not have voting rights. 12,506,577 shares have limited voting rights under relevant laws. Thus, the number of shares with voting rights is 118,253,178. ( As of June 30, 2012) (# of shares) Classification No. of outstanding shares (A) Shares without voting rights (B) Shares with voting rights eliminated by Articles of Incorporation (C) Common Preferred Common Preferred Common No. of shares 147,299,337 22,833,427 Note Article 369-2 of the Commercial Act 16,539,582 "Treasury Shares" 22,833,427 12,479,184 2,979,693 preferred treasury shares included Restricted by the Monopoly Regulation and Fair Trade Act: 10,622,814 shares held by Samsung Life Insurance & 1,856, 370 shares held by Samsung Fire & Marine Insurance Restricted by the Insurance Business Act: Some part of shares held by special account of Samsung Life Insurance -

Shares with limited voting rights under relevant laws (D)

Common Shares with revived voting rights (E) Shares with voting rights (F = A - B - C - D + E) Common Preferred Common Preferred

27,393 118,253,178 -

Voting rights on agendas excluding appointment and dismissal of board members, revision of the Articles of Incorporation, and merger/business transfer. Among shares for which voting rights are restricted by relevant laws, some of 12,479,184 shares (10,622,814 shares held by Samsung Life Insurances proprietary account and 1,856,370 shares held by Samsung Fire & Marine Insurance) whose voting rights are restricted by the Monopoly Regulation and Fair Trade Act can exercise voting rights in relation to appointment and dismissal of board members, revision of the Articles of Incorporation, etc.

Dividend
- Dividends paid out in the recent three fiscal years Classification Par value per share (won) Net profit (million won) EPS (won) Total cash dividend (million won) Total stock dividend (million won) Dividend payout ratio (%) Common Cash dividend yield (%) Preferred Common Stock dividend yield (%) Preferred Common Cash dividend per share (won) Preferred Common Stock dividend per share (share) Preferred 1H 2012 5,000 7,621,608 50,662 75,001 500 500 2011 5,000 10,029,152 66,868 827,196 8.24 0.52 0.85 5,500 5,550 2010 5,000 13,236,461 88,799 1,496,540 11.31 1.07 1.57 10,000 10,050 -

Based on individual financial statements. EPS denotes to basic EPS. For information about calculation of basic EPS, refer to notes of 1H 2012 audited financial statements.

II. Business Operation


Summary of Financials by Business Division
(Unit: million won)
Category Business Classification Total sales CE Internal sales Net sales Operating profit Total asset Total sales DMC IM Internal sales Net sales Operating profit Total asset Total sales Internal sales Net sales Operating profit Total asset Total sales Semiconductor Internal sales Net sales Operating profit Total asset Total sales Internal sales Net sales Operating profit Total asset Total sales Internal sales Net sales Operating profit Total asset 1H 2012 Amount 51,557,309 28,661,575 22,895,734 1,240,846 36,253,859 98,769,312 51,502,905 47,266,407 8,460,955 57,661,332 152,540,732 81,719,753 70,820,979 9,666,926 121,906,449 31,769,764 15,195,885 16,573,879 1,871,567 65,103,683 36,499,608 19,714,238 16,785,370 1,033,442 42,203,756 68,782,921 35,415,580 33,367,341 2,942,455 129,032,682 Portion 23.50% 22.70% 24.70% 9.90% 14.20% 45.10% 40.80% 50.90% 67.30% 22.50% 69.60% 64.70% 76.30% 76.90% 47.60% 14.50% 12.00% 17.80% 14.90% 25.40% 16.70% 15.60% 18.10% 8.20% 16.50% 31.40% 28.00% 35.90% 23.40% 50.40% 1H 2011 Amount 47,440,014 25,644,783 21,795,231 520,375 36,301,138 58,393,992 29,670,686 28,723,306 3,166,715 40,822,548 107,748,374 56,471,425 51,276,949 3,730,030 90,328,117 35,092,241 16,757,880 18,334,361 3,435,929 60,092,691 27,486,248 13,881,730 13,604,518 442,627 32,794,465 62,929,842 31,256,821 31,673,021 3,017,071 94,129,270 Portion 28.00% 27.60% 28.50% 7.80% 18.40% 34.50% 32.00% 37.60% 47.30% 20.70% 63.70% 60.80% 67.10% 55.70% 45.80% 20.70% 18.00% 24.00% 51.30% 30.50% 16.20% 15.00% 17.80% 6.6% 16.60% 37.20% 33.70% 41.40% 45.00% 47.70% 2011 Amount 103,530,319 56,233,694 47,296,625 1,452,044 35,916,902 142,127,410 74,679,457 67,447,953 8,132,806 51,850,524 249,807,647 133,588,287 116,219,360 9,704,659 105,606,046 71,305,465 34,315,914 36,989,551 7,339,206 64,294,570 61,648,667 32,405,595 29,243,072 749,339 36,609,172 131,978,162 66,203,511 65,774,651 6,609,723 103,930,878 Portion 27.30% 26.30% 28.70% 8.90% 16.00% 37.50% 34.90% 40.90% 50.00% 23.10% 66.00% 62.50% 70.40% 59.70% 47.00% 18.80% 16.10% 22.40% 45.20% 28.60% 16.30% 15.20% 17.70% 4.6% 16.30% 34.90% 31.00% 39.90% 40.70% 46.30% 2010 Amount 105,593,376 59,885,590 45,707,786 379,789 35,914,320 108,561,682 55,614,830 52,946,852 4,387,738 42,016,255 226,884,891 122,566,484 104,318,407 4,846,319 87,536,218 72,806,264 35,167,480 37,638,784 10,110,698 55,583,214 62,162,133 32,242,249 29,919,884 1,991,990 31,547,027 136,718,343 68,526,016 68,192,327 12,227,305 87,779,987 Portion 29.20% 28.90% 29.60% 2.20% 18.90% 30.00% 26.80% 34.20% 25.40% 22.20% 62.70% 59.10% 67.50% 28.00% 46.20% 20.10% 17.00% 24.30% 58.50% 29.30% 17.20% 15.50% 19.30% 11.50% 16.60% 37.80% 33.00% 44.10% 70.70% 46.30%

Total

DS

LCD

Total

Business divisions in 2010 and 2011 were reclassified based on business divisions as of 2012 (on a consolidated basis). Net sales include internal sales of the head office and overseas subsidiaries subject to consolidated financial statements.

Capex
Capex up to 1H 2012 totaled KRW13.9 trillion, most of which was spent on future preparations, especially upgrading semiconductor and LCD production lines. 2012 full-year capex is planned at about KRW25 trillion on a consolidated basis, but it could change depending on business situations. - Capex by business division Business Semiconductor Purpose Establishment, addition, upgrade Establishment, addition, upgrade Others Period Jan '12 ~ Jun '12 Jan '12 ~ Jun '12 Jan '12 ~ Jun '12 Total (Unit: 100 million won) Investment in 1H 2012 Amount Buildings, facilities 96,941

LCD Others

Buildings, facilities Buildings, facilities

26,026 16,513 139,480

Major Customers
As of 1H 2012, major customers included Apple, Sony, Deutsche Telekom, Best Buy, and Sprint Nextel. Sales to our five major customers accounted for about 12% of total sales.

III. Corporate Governance and Affiliates


Affiliates
1. Names of the Group and Affiliates The name of the group: Samsung

As of end-1H 2012, Samsung Group had a total of 84 domestic affiliates. Compared to end-2011, 8 new affiliates (Colombo Korea, Saengbo real estate investment company #1, Idea Company Prog, Samsung Bioepis, Samsung Display, Top Cloud Corporation, Samsung Corning Advanced Glass, Nuri Solution) were added and two (Samsung LED, Medison Healthcare) were excluded. Among Samsung Groups 84 affiliates, 17 including Samsung Electronics are listed, and 67 are unlisted. (As of June 30, 2011)
No. of affiliates Name of affiliates Samsung C&T, Cheil Industries, Samsung Electronics, Samsung SDI, Samsung Techwin, Samsung Life Insurance, SEMCO, Samsung Heavy Industries, Samsung Card, Hotel Shilla, Samsung Fire & Marine Insurance, Samsung Securities, S1, Samsung Fine Chemicals, Samsung Engineering, Cheil Worldwide, Credu, Samsung Everland, Samsung Petrochemical, Samsung SDS, Samsung General Chemicals, Samsung Total Petrochemicals, Samsung Lions, SERI, STECO, Samsung Thales, SEMES, Living Plaza, Samsung Corning Precision Materials, Samsung SNS, Samsung Electronics Service, Samsung Electronics Logitech, SECRON, Hantok Chemicals, Global Tech, CVnet Corporation, Care Camp, e Samsung International, Allat Corp., SECUI.com, Wealthia.com, Open Tide Korea, Samsung Futures, 365Homecare, Samsung Venture Investment Corporation, Samsung Asset Management, Saengbo, Samsung Claim Adjustment Service, Anycar Service, World Cyber Games, S-LCD Corporation, SD Flex, SEHF Korea, Gemi Plus Distribution, SB LiMotive, Samsung Bluewings, Samsung Mobile Display, HTSS, Bonavie, RAY, Songdo Land Mark City, S-Core, GES, S1 CRM, EXE C&T, Open Hands, SEnPol, Samsung Medison, Samsung Biologics, Miracom Inc., Samsung Life Service, Prosonic, SMP, STM, SSLM, SU Materials, Colombo Korea, Idea Company Prog, Samsung Display, Samsung Bioepis, Saengbo real estate investment company #1, Top Cloud Corporation, Nuri Solution, Samsung Corning Advanced Glass

Listed

17

Unlisted

67

Total

84

2. Stake-Holdings among Affiliates and Subsidiaries [Domestic] (As of June 30, 2012)
Investee Samsung Engineering Cheil Worldwide Samsung Fine Chemicals 5.6 3.2 2.6 5.1 8.4 11.5 11 21.7 4 Samsung SDS Samsung Everland 1.5 4

(%, based on common shares)

Samsung C&T

Cheil Ind.

SEC

Samsung SDI

SEMCO

Samsung Heavy Ind.

Samsung Techwin

Hotel Shilla

S1

Samsung C&T Cheil Ind. SEC Samsung SDI Samsung Corning Precision Materials SEMCO Samsung Everland Samsung Heavy Ind. Samsung Techwin Samsung Engineering Cheil Worldwide Samsung Fine Chemicals Samsung General Chemicals Hotel Shilla S1 SERI Samsung SDS Samsung Life Insurance Samsung Fire & Marine Insurance Samsung Securities Samsung Card Samsung SNS Wealthia .com Samsung Medison 4.7 7.4

4.1 0 20.4 23.7 0.4 17.6

4.3 0.1 25.5 5.1 0.1 13.1

12.6

18.3

2.4 0.1

0.3

8.4

0.1

0.1

0.9

0.1

Invest or

2.2

5.1

0.3

7.5

0.2

3.4

0.9

7.7

0.1

5.5

1.3

1.1

3.1 1.3

0 3

1.3 1.9 5

Samsung Display Samsung Mobile Display Saengbo Samsung Biologics SEHF SVIC #6 Total 12.5 5 12.8 20.6 23.7 24.3 32.7 17.2 19.4 18.3 32 20.7 48.4 18.5

Investee Samsung General Chemicals Samsung C&T Cheil Ind. SEC Samsung SDI Samsung Corning Precision Materials SEMCO Samsung Everland Samsung Heavy Ind. Samsung Techwin Samsung Engineering Cheil Worldwide 10.5 12.5 2 23.8 38.7 0.9 3.9 10.7 Samsung Total Petrochem. Samsung Petrochem. Hantok Chemicals Samsung Lions Samsung Electro -nics Service World Cyber Games Samsung Blue Wing s

SERI

STECO

SEMES

Samsung SNS

SECRON

Living Plaza

27.3 21.4 13

7.5 15 27.5

1 1 29.8 28.6 51 85.6 35.5 99.3 45 78.1 100 100

26.5

Invest or

0.3

Samsung Fine Chemicals

3.6

50

Samsung General Chemicals

50

Hotel Shilla S1 SERI Samsung SDS Samsung Life Insurance Samsung Fire & Marine Insurance Samsung Securities

14.8

Samsung Card Samsung SNS Wealthia .com Samsung Medison Samsung Display Samsung Mobile Display Saengbo Samsung Biologics SEHF SVIC #6 Total 95 50 61.6 50 67.5 100 51 85.6 35.5 99.3 45 78.1 100 100

Investee Samsung Electro -nics Logitech Samsung C&T Cheil Ind. SEC Samsung SDI Samsung Corning Precision Materials SEMCO Samsung Everland Samsung Heavy Ind. Samsung Techwin Samsung Engineering Cheil Worldwide Samsung Fine Chemicals Samsung General Chemicals Hotel Shilla S1 SERI Samsung SDS Samsung Life Insurance 41.5 100 100 64.4 35.6 100 65.8 100 41.5 50 Samsung Biologics Samsung Corning Advanced Glass

S-LCD Corp.

SEHF Korea

Samsung Display

Samsung Mobile Display

RAY

GES

Samsung Medison

Pro-sonic

Samsung Bioepis

SSLM

SU Materials

10.4

Invest or

Samsung Fire & Marine Insurance Samsung Securities Samsung Card Samsung SNS Wealthia .com Samsung Medison Samsung Display Samsung Mobile Display Saengbo Samsung Biologics SEHF SVIC #6 Total 100 100 100 100 100 100 64.6 64.6 100 65.8 100 93.3 85 50 50 50 85 100

50

50

Investee Samsung Corning Precision Materials Songdo Land Mark City 41.1 50 100 100 Gemi Plus Distribution

Samsung Thales

Global Tech

Cvnet

Care Camp

SD Flex

Colombo Korea

SB LiMotive

SECUI. com

HTSS

S1 CRM

SEnPol

Samsung C&T Cheil Ind. SEC Samsung SDI Samsung Corning Precision Materials SEMCO Samsung Everland Samsung Heavy Ind. Samsung Techwin Invest or Samsung Engineering Cheil Worldwide Samsung Fine Chemicals Samsung General Chemicals Hotel Shilla S1 SERI Samsung SDS 50

40.1

52.8

50

51

8.7

100

52.2

80

100

4.3

Samsung Life Insurance Samsung Fire & Marine Insurance Samsung Securities Samsung Card Samsung SNS Wealthia .com Samsung Medison Samsung Display Samsung Mobile Display Saengbo Samsung Biologics SEHF SVIC #6 Total 50

9.4

42.6

42.7

51

49.5

52.8

41.1

50

100

100

50

65.2

80

100

100

Investee e Samsung International Wealthia .com Open Tide Korea Top Cloud Corporation Idea Company Prog Miracom Inc. Nuri Solution

SMP

STM

S-Core

Open Hands

Bonavie

Credu

EXE C&T

Samsung C&T Cheil Ind. SEC Samsung SDI Samsung Corning Precision Materials SEMCO Samsung Ever-land Samsung Heavy Ind. Invest or Samsung Techwin Samsung Engineering Cheil World-wide 11.3 25 21 11.3

10.4

100

Samsung Fine Chemicals

50

50

Samsung General Chemicals

Hotel Shilla S1 SERI Samsung SDS Samsung Life Insurance Samsung Fire & Marine Insurance Samsung Securities Samsung Card Samsung SNS Wealthia .com Samsung Medison Samsung Display Samsung Mobile Display Saengbo Samsung Biologics SEHF SVIC #6 Total 50 50 100 41.5 83 94.3 100 1.6 3.3 52.5 5.2 10.5 72.6 94.3 100

100

100

10.7 49.7 100 91.9 100

100

100

100

60.4

100

91.9

100

Investee Saengbo real estate investment company #1 Samsung Claim Adjustment Service Samsung Venture Invest -ment Corp.

Samsung Life Insurance

Saengbo

365 Homecare

Samsung Life Service

Samsung Fire & Marine Insurance

Anycar Service

Samsung Securities

Samsung Card

Allat Corp.

Samsung Asset Management

Samsung Futures

Samsung C&T Cheil Ind. SEC Samsung SDI Samsung Corning Precision Materials SEMCO Samsung Everland Samsung Heavy Ind. Samsung Techwin Samsung Engineering Cheil Worldwide 0.6 19.3

0.3

2.4

35.3

16.3 16.3

Invest or

3.6 30 0 3.9

17

17 16.7

0.2

Samsung Fine Chemicals Samsung General Chemicals Hotel Shilla S1 SERI Samsung SDS Samsung Life Insurance Samsung Fire & Marine Insurance Samsung Securities Samsung Card Samsung SNS Wealthia .com Samsung Medison Samsung Display Samsung Mobile Display Saengbo Samsung Biologics SEHF SVIC #6 Total

0.5

19.2

0.4

28.8

50

99.8

10.4

11.1

26.4

5.5

41

99.9

100

1.2

0 0.6 30

65.3

51

16.7

14.4

21

50

62.5

99.8

11

99.9

100

19.4

67.7

60

75.8

96

100

[Overseas] (As of June 30, 2012)


Investor Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Investee MYODO METAL CO., LTD. Samsung C&T Japan Corporation Samsung C&T America Inc. Samsung Finance Corporation. Samsung E&C America, INC. SAMSUNG OIL & GAS USA CORP Samsung Renewable Energy Inc. SCNT Power Norte S. De R.L. de C.V. QSSC, S.A. de C.V. Samsung C&T Oil & Gas Parallel Samsung C&T Deutchland GmbH Samsung C&T U.K. Ltd. Samsung Trading PLC.

(%, based on common shares)


Stake 100 100 100 80 100 90 100 100 60 100 100 100 100

Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp. Samsung Corp.

Xiod Distribution Samsung C&T France S.A.S POSS-SLPC, s.r.o Solluce Romania 1 B.V. SAM investment Manzanilo.B.V Solluce Slovenia 1 B.V. Ecosolar OOD Ecoenergy Solar OOD Agirlplam EOOD Fishtrade EOOD Manageprojekt EOOD Solar Park EOOD Veselinovo Energy OOD Samsung Engineering & Construction(M) SDN.BHD. Samsung C&T Malaysia SDN. BHD Erdsam Co., Ltd. Samsung Chemtech S-print Inc Cassava Investment Korea Pte. Ltd. P.T. Samsung Development Samsung Development (Thailand) Co., Ltd. Samsung C&T Thailand Co., Ltd Cheil Holding Inc. Samsung Const. Co. Phils.,Inc. Samsung Design Philippines Inc Samsung Oil & Gas(Timor Sea 06-102) Ltd. Samsugn Oil & Gas Australia PTY. LTD Samsung C&T India Pte., Ltd. Malaysia Samsung Steel Center Sdn.Bhd Samsung C&T Singapore Pte., Ltd. S&G Biofuel PTE.LTD SAMSUNG C&T Mongolia LLC. Samsung C&T Hongkong Ltd. Shunde Shengpu Processing Center Co. Ltd Samsung C&T Taiwan Co., Ltd. Samsung Precision Stainless Steel(pinghu) Co.,Ltd. Samsung E&C (Shanghai) Co.,Ltd. Dongguan Samsung Steel Center Co., Ltd. Posco-Samsung Suzhou Processing Center Co. Ltd Samsung Nigeria Co., Ltd. LOBINAVE - Estaleiro Naval do Lobito, Limitada SAMSUNG C&T CORPORATION SAUDI ARABIA Samsung C&T Chile Copper SpA Samsung C&T DO Brasil Participacoes LTDA Samsung Corporation Rus LLC KSI LLP JSC BALKHASH THERMAL POWER PLA Samsung SDI America, Inc. Samsung SDI (Malaysia) SDN. BHD.

25 100 50 80 100 80 100 100 100 100 100 100 100 100 100 100 51.7 40 29.7 100 100 43.9 40 25 100 100 100 100 70 100 50.5 100 100 51.6 100 55 100 70 50 99.9 40 100 100 100 100 25 75 8.3 6.4

Samsung Corp. Samsung Corp. Samsung Corp. Samsung C&T America Inc. Samsung C&T America Inc. Samsung C&T America Inc. Samsung C&T America Inc. Samsung C&T America Inc. Samsung C&T America Inc. Samsung C&T America Inc. Samsung C&T America Inc. Samsung Renewable Energy Inc. Samsung Renewable Energy Inc. Samsung Renewable Energy Inc. Samsung Renewable Energy Inc. Samsung Renewable Energy Inc. Samsung Renewable Energy Inc. Samsung Renewable Energy Inc. Samsung Renewable Energy Inc. Samsung Renewable Energy Inc. Samsung Renewable Energy Inc. Samsung Renewable Energy Inc. Samsung Renewable Energy Inc. Samsung Renewable Energy Inc. Samsung Renewable Energy Inc. Samsung Renewable Energy Inc. Samsung Renewable Energy Inc. Samsung Renewable Energy Inc. Samsung Green repower, LLC Samsung Green repower, LLC Grand Renewable Solar GP Inc. Kingston Solar GP Inc. K2 Wind Ontario Inc. SP Armow Wind Ontario GP Inc Samsung C&T Oil & Gas Parallel SP Ontario Wind Development GP South Kent Wind GP Inc. Grand Renewable Wind GP Inc. SP Beaverdale Wind GP Inc. Samsung C&T Deutchland GmbH Samsung C&T Deutchland GmbH Samsung C&T Deutchland GmbH Samsung C&T Deutchland GmbH Samsung C&T Deutchland GmbH Samsung C&T Deutchland GmbH Samsung C&T U.K. Ltd. Samsung C&T U.K. Ltd. Samsung C&T U.K. Ltd. Samsung C&T France S.A.S

Samsung SDI (Hong Kong) Ltd. Samsung SDI Brasil Ltda. Beijing Samsung Real Estate Co., Ltd Samsung Finance Corporation. Meadowland Distribution Web2Zone., Inc. SAMSUNG OIL & GAS USA CORP Samsung Green repower, LLC Samsung Solar Construction Inc. QSSC, S.A. de C.V. S-print Inc Grand Renewable Solar GP Inc. Grand Renewable Solar LP Inc. Kingston Solar GP Inc. Kingston Solar LP Inc. K2 Wind Ontario Inc. K2 Wind Ontario LP Inc SP Armow Wind Ontario GP Inc SP Armow Wind Ontario LP Inc SP Beaverdale Wind LP SRE Wind GP Holding Inc. SP Ontario Wind Development LP South Kent Wind LP Inc. Grand Renewable Wind LP Inc. SP Ontario Wind Development GP Inc. South Kent Wind GP Inc. Grand Renewable Wind GP Inc. SP Beaverdale Wind GP Inc. SOLAR PROJECTS SOLUTIONS,LLC SPS Atwell Island, LLC Grand Renewable Solar LP Inc. Kingston Solar LP Inc. K2 Wind Ontario LP SP Armow Wind Ontario LP Parallel Petroleum LLC SP Ontario Wind Development LP South Kent Wind LP Inc. Grand Renewable Wind LP Inc. SP Beaverdale Wind LP Samsung C&T Italia S.A.R.L POSS-SLPC, s.r.o Solluce Romania 1 B.V. Solluce Slovenia 1 B.V. S.C. Otelinox S.A KSI LLP Xiod Distribution SOLECO S.A Samsung Nigeria Co., Ltd. Comptoir Des Produits Inoxydables S.A.S.

2.4 0 10 20 100 100 10 100 100 20 24 100 100 100 100 50 33.3 50 50 50 100 50 50 50 50 50 50 50 65 100 0 0 0 0 90 0 0 0 0 100 20 20 20 94.3 25 75 65 0.1 12.5

Solluce Romania 1 B.V. SAM investment Manzanilo.B.V Solluce Slovenia 1 B.V. Samsung Engineering & Construction(M) SDN.BHD. Cassava Investment Korea Pte. Cassava Investment Korea Pte. Cheil Holding Inc. Samsung C&T Singapore Pte., Ltd. Samsung C&T Singapore Pte. Ltd Samsung C&T Singapore Pte., Ltd. Samsung C&T Singapore Pte., Ltd. Samsung C&T Singapore Pte., Ltd. Samsung C&T Singapore Pte., Ltd. S&G Biofuel PTE.LTD S&G Biofuel PTE.LTD SAMSUNG C&T HONGKONG Ltd. SAMSUNG C&T HONGKONG Ltd. SAMSUNG C&T HONGKONG Ltd. SAMSUNG C&T HONGKONG Ltd. SAMSUNG C&T HONGKONG Ltd. SAMSUNG C&T HONGKONG Ltd. SAMSUNG C&T HONGKONG Ltd. SAMSUNG C&T HONGKONG Ltd. SAMSUNG C&T HONGKONG Ltd. SAMSUNG C&T HONGKONG Ltd. Samsung (China) Logistics Ltd. Samsung (China) Logistics Ltd. Samsung (China) Logistics Ltd. S.C. Otelinox S.A Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics

LJG GREEN SOURCE ENERGY ALPHA Terminal KMS de GNL S. de R.L de C.V ZE Solar 1 D.O.O. SS KUKDONG JASATERA J/V PT. Cahaya Borneo Sukses Agros PT. Cassava Borneo Sukses Plan Samsung Const. Co. Phils.,Inc. Samsung Chemtech S-print Inc Cassava Investment Korea Pte. Ltd. Malaysia Samsung Steel Center Sdn.Bhd Samsung C&T Corporation Hanoi Logistics S&G Biofuel PTE.LTD PT. Gandaerah Hendana PT. Inecda Samsung C&T Thailand Co., Ltd Tianjin International Trade Co. Ltd Samsung Trading (Shanghai Pu Dong New Area) Co., Ltd. Karson Industrial Co., Ltd. Enterprise Co., Ltd. Samsung Trading (Shenzhen) Co., Ltd. Samsung (China) Logistics Ltd. Samsung Corporation (Gaungzhou) Limited. Dongguan Samsung Steel Center Co., Ltd. Posco-Samsung Suzhou Processing Center Co. Ltd Samsung C&T Corporation Hanoi Logistics Samsung Logistics (Tianjin) Ltd Shenzhen Samsung Shipping Container Line Co., Ltd. Comptoir Des Produits Inoxydables S.A.S. Samsung Japan Co., Ltd. Samsung Yokohama Research Institute Samsung Electronics America Inc. Samsung Electronics Canada Inc. Samsung Electronics Mexico S.A. De C.V. Samsung Electronics (UK) Ltd. Samsung Electronics Ltd. Samsung Electronics Holding GmbH Samsung Electronics Iberia, S.A. Samsung Electronics France S.A.S Samsung Electronics Hungarian RT. Samsung Electronics Italia S.P.A. Samsung Electronics Europe Logistics B.V.

62.3 37.5 70 70 49 49 75 48.3 16 12.7 30 40 12.6 95 95 13.2 100 100 100 100 100 100 100 30 20 11 100 100 87.5 100 100 100 100 63.6 100 100 100 100 100 100 100 100

Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Display

Samsung Electronics Benelux B.V. Samsung Electronics Overseas B.V. Samsung Electronics Polska, SP.Zo.O Samsung Electronics Portuguesa S.A. Samsung Electronics Nordic Aktiebolag Samsung Electronics Austria Gmbh Samsung Electronics Slovakia s.r.o Samsung Electronics European Holding Samsung Electronics Display (M) Sdn Bhd Samsung Electronics Malaysia SDN.BHD. Samsung Vina Electronics Co., Ltd. Samsung Asia Private Ltd. SAMSUNG INDIA ELECTRONICS Private. LTD Samsung India Software Operations Pvt. Ltd. Samsung Electronics Australia Pty. Ltd. PT Samsung Electronics Indonesia Thai-Samsung Electronics Co. Ltd. Samsung Electronic Philippine Manufacturing Corp. SAMSUNG MALAYSIA ELECTRONICS (SME) SDN. BHD. Samsung Electronics Asia Holding Pte Ltd Samsung Electronics Hong Kong Co., Ltd. Suzhou Samsung Electronics Co., Ltd Samsung (CHINA) Investment Co.,Ltd. Samsung Electronics Suzhou Semiconductor Co., Ltd. SAMSUNG ELECTRONICS DIGITAL PRINTING Samsung Electronics Huizhou Co., Ltd. Tianjin Samsung Electronics Co., Ltd. Samsung Electronics Taiwan Co., Ltd. Tianjin Samsung Telecom Technology Co., Ltd. Shanghai Samsung Semiconductor Co., Ltd. Samsung Electronics Suzhou Computer Co.,Lcd Shenzhen Samsung Kejian Mobile Telecom. Tech. Co., Ltd. Samsung Electronic Shanghai Telecommunications Co., Ltd. Samsung Semiconductor China R&D.,Ltd. Samsung Electronics Hainan Fiberoptics Co., Ltd Samsung Gulf Electronics Co., Ltd. Samsung Electronics South Africa (Pty) Ltd. Samsung Electronics Latinoamerica (Zona Libre) Samsung Electronica Da Amazonia LTDA. Samsung Electronics Argentina S.A. Samsung Electronics Chile Limitada(Ltda) Samsung Electronics Rus Company Samsung Electronics Rus Kaluga Samsung Russia Service Company Samsung SDI Brasil Ltda. Tianjin Samsun LED Co.,LTD Samsung Opto-Electronics GmbH Tianjin Samsung Electro-Mechanics Samsung Electronics LCD Slovak

100 100 100 100 100 100 55.7 100 75 100 80 100 100 100 100 100 91.8 100 100 100 100 69.1 100 100 87.1 89.6 48.2 100 90 100 73.7 60 100 100 100 100 100 100 87 98 4.1 100 100 100 0.1 100 100 82 0

Samsung Display Samsung Display SEMES Samsung Medison Samsung Medison Samsung Medison Samsung Medison Samsung Medison Samsung Medison Samsung Medison Samsung Medison Samsung Medison Samsung Medison Samsung Medison Samsung Medison Samsung Electronics America In Samsung Electronics America Inc. Samsung Electronics America Inc. Samsung Electronics America Inc. Samsung Electronics America Inc. Samsung Electronics America Inc. Nexus DX, Inc. Nexus DX, Inc. Samsung Semiconductor Inc. Samsung Information Systems Am Samsung Information Systems Am Samsung International Inc. Samsung Telecommunications America LLC. Samsung Electronics (UK) Ltd. Samsung Electronics (UK) Ltd. Samsung Electronics Holding GmbH Samsung Electronics Holding GmbH Samsung Electronics Hungarian RT. Samsung Electronics Hungarian RT. Samsung Electronics Benelux B.V. Samsung Electronics Benelux B.V. Samsung Electronics Benelux B.V. Samsung Electronics Benelux B.V. Samsung Electronics Benelux B.V. Samsung Electronics Benelux B.V. Samsung Electronics Benelux B.V. Samsung Electronics Benelux B. Samsung Electronics Benelux B.V. Samsung Electronics Benelux B.V. Samsung Electronics Benelux B.V. Samsung Electronics Benelux B.V. Samsung Electronics Benelux B.V. Samsung Electronics Benelux B.V.

Samsung Electronics Suzhou LCD Samsung Suzhou LCD Co., LTD SEMES America,Inc.( KDNSA) Medison Japan Co., Ltd Medison America Inc. SonAce Deutschland GmbH Medison Italy SRL Medison France SAS Medison Europe B.V. Medison Systems India Private LTD. Medison Medical Systems India Medison(Shanhai)Co.Ltd. Shanghai Medison Medical Instrument Co., Ltd Medison Medical Equipment Medison Do Brazil Ltda Nexus DX, Inc. Samsung Receivables Corporation Samsung Semiconductor Inc. Samsung Information Systems America Inc. Samsung International Inc. Samsung Telecommunications America LLC. Deltapoint Cardiac diagnostics Nanogen Recognomics GmbH Samsung Austin Semiconductor LLC. Grandis Inc. Mspot Inc. Samsung Mexicana S.A. De C.V. Samsung Receivables Corporation Samsung Telecoms (UK) Ltd. Samsung Semiconductor Europe Limited Samsung Semiconductor Europe GmbH Samsung Electronics GmbH Samsung Electronics Czech and Slovak s.r.o. Samsung Electronics Slovakia s.r.o Samsung Electronics Mexico S.A. De C.V. Samsung Electronics LCD Slovakia s.r.o. Samsung Electronics West Africa Samsung Electronics Turkey Samsung Semiconductor Israel R&D Center,LTD. Samsung Electronics Levant Co.,Ltd Samsung Electronics Morocco SARLAU Samsung Electronics East Afric Samsung Electronics Venezuela Samsung Electronica Da Amazonia LTDA. Samsung Electronics Chile Limitada(Ltda) Samsung Electronics Peru Samsung Electronics Russia Samsung Electronics Ukraine

100 50 100 100 100 100 100 100 100 100 100 100 98.2 100 100 100 46 100 100 100 100 100 60 100 100 100 100 54 100 100 100 100 30 44.3 36.4 100 100 100 100 100 100 100 100 13 95.9 100 100 100

Samsung Electronics Benelux B.V. Samsung Electronics Benelux B.V. Samsung Electronics Benelux B. Samsung Electronics Benelux B. Samsung Electronics Benelux B.V. Samsung Electronics European Holding Samsung Electronics European Holding Samsung Electronics European Holding Samsung Electronics European Holding Samsung Electronics European Holding Samsung Electronics European H Sansung LCD Netherlands R&D Center B.V Sansung LCD Netherlands R&D Center B.V Samsung Nanoradio Design Center Samsung Nanoradio Design Center Samsung Nanoradio Design Center Samsung Electronics Display (M) Sdn Bhd PT Samsung Electronics Indonesia Samsung Electronic Philippine Manufacturing Corp. Samsung Electronics Asia Holding Pte Ltd Samsung Electronics Asia Holding Pte Ltd Samsung Electronics Asia Holding Pte Ltd Samsung Electronics Asia Holding Pte Ltd Samsung Electronics Asia Holding Pte Ltd Samsung Electronics Asia Holding Pte Ltd Samsung Electronics Asia Holding Pte Ltd Samsung Electronics Asia Holding Pte Ltd Samsung Electronics Asia Holding Pte Ltd Samsung Electronics Hong Kong Co., Ltd. Suzhou Samsung Electronics Co., Ltd Samsung (CHINA) Investment Co.,Ltd. Samsung (CHINA) Investment Co.,Ltd. Samsung (CHINA) Investment Co.,Ltd. Samsung (CHINA) Investment

Samsung Electronics Baltics Samsung Electronics Ukraine Company Samsung Moscow Reserch Center Samsung Electronics Kazakhstan SAMSUNG ELECTRONICS KZ AND CENTRAL ASIA LLP Samsung Electronics Czech and Slovak s.r.o. Samsung Electronics Romania LLC Samsung Electronics Poland Manufacturing Samsung Electronics Greece S.A. Sansung LCD Netherlands R&D Center B.V Samsung Nanoradio Design Center Sansung LCD Netherlands R&D Center(UK)Limited Sansung LCD Netherlands R&D Center(HK)Limited Nanoradio Inc. General RF Modules AB Nanoradio Hellas AE Tianjin Samsung Electronics Co., Ltd. P.T. Samsung Telecommunications Indonesia Batino Realty Corp. Samsung Telecommunications Japan Co. Samsung Electronics Display (M) Sdn Bhd Samsung Electronics Philippines Corporation Samsung Electronics Bangladeshi Research Center Samsung Electronics Vietnam Company Ltd. Samsung Telecommunications Malaysia Sbn. Bhd. Samsung SDI (Malaysia) SDN. BHD. Samsung Electro-Mechanics Thailand Co., Ltd. eSamsung Greater China Co., Ltd. eSamsung Greater China Co., Ltd. Samsung Suzhou Electronics Export Co.,Ltd Suzhou Samsung Electronics Co., Ltd Samsung Guangzhou Mobile R&D Center Samsung Tianjin Mobile Development Center SAMSUNG ELECTRONICS DIGITAL PRINTING

100 100 100 100 100 70 100 100 100 100 100 100 100 100 100 100 2.2 99 39.8 100 25 100 100 100 100 25 25 11.4 11.3 100 19.2 100 100 12.9

Co.,Ltd. Samsung (CHINA) Investment Co.,Ltd. Samsung (CHINA) Investment Co.,Ltd. Samsung (CHINA) Investment Co.,Ltd. Samsung (CHINA) Investment Co.,Ltd. Samsung (China) Investment Co. Samsung (CHINA) Investment Co.,Ltd. Samsung (CHINA) Investment Co.,Ltd. Samsung (CHINA) Investment Co.,Ltd. Samsung Electronics Latinoamerica (Zona Libre) Samsung Electronics Latinoamerica (Zona Libre) Samsung Electronica Da Amazonia LTDA. Samsung SDI Samsung SDI Samsung SDI Samsung SDI Samsung SDI Samsung SDI Samsung SDI Samsung SDI Samsung SDI Samsung SDI Samsung SDI SB LiMotive SB LiMotive SMD SMD Samsung SDI America, Inc. Samsung SDI America, Inc. Samsung SDI Germany GmbH. Samsung SDI Germany GmbH. Samsung SDI (Malaysia) SDN. BHD. Samsung SDI (Malaysia) SDN. BHD. Samsung SDI (Hong Kong) Ltd. Samsung SDI (Hong Kong) Ltd. Samsung SDI (Hong Kong) Ltd. Samsung SDI (Hong Kong) Ltd. SEMCO SEMCO SEMCO SEMCO SEMCO

Samsung Electronics Huizhou Co., Ltd. Tianjin Samsung Electronics Co., Ltd. Beijing Samsung Telecom. R&D Center. Samsung Electronics Suzhou Computer Co.,Lcd Samsung Suzhou LCD Co., LTD Samsung Electronics China R&D Center Samsung Electronics Beijing Service Co., Ltd Tianjin Samsung Opto-Electronics Co.Ltd Samsung Electronics Latino America Miami, Inc. Samsung Electronica Columbia Samsung Electronics Argentina S.A. Samsung SDI Japan co.Ltd Samsung SDI America, Inc. Samsung SDI Germany GmbH. Samsung SDI Hungary Rt. Samsung SDI Europe GmbH. Samsung SDI (Malaysia) SDN. BHD. Samsung SDI Vietnam Co., LTD. Samsung SDI Energy Malaysia SD Samsung SDI (Hong Kong) Ltd. Samsung SDI Brasil Ltda. SSH Limited. Cobasys.,LLC SB LiMotive Germany GmbH Dongguan Samsung Mobile Display Co., Ltd. Tianjin Samsung Mobile Display Co.,Ltd Samsung SDI Mexico S.A. de C.V. Samsung SDI Brasil Ltda. Samsung SDI (Hong Kong) Ltd. Samsung SDI Brasil Ltda. Samsung SDI (Hong Kong) Ltd. Samsung SDI Brasil Ltda. Shenzhen Samsung SDI Co., Ltd. Tianjin Samsung SDI Co., Ltd. Shanghai Samsung Electronic Devices Co., Ltd Samsung SDI Brasil Ltda. Samsung Electro-Machanics Japan Alphana Technology Co., Ltd Samsung Electro-Mechanics America, Inc. Samsung Electro-Mechanics Germany, GMBH Samsung Electro-Mechanics Hungary Inc.

10.3 40.8 100 26.3 10 100 100 8 100 100 2 100 91.7 100 100 100 68.6 100 100 91.9 4 40 100 100 100 95 100 40.4 0.4 40.8 5.3 0.2 80 80 60.3 14.5 100 100 100 100 100

SEMCO SEMCO SEMCO SEMCO SEMCO SEMCO SEMCO SEMCO SEMCO Alphana Technology Co., Ltd Samsung Electro-Mechanics America, Inc. Samsung Electro-Mechanics Hongkong Co., Ltd. Samsuing Fire & Marine Insurance Samsuing Fire & Marine Insurance Samsuing Fire & Marine Insurance Samsuing Fire & Marine Insurance Samsuing Fire & Marine Insurance Samsuing Fire & Marine Insurance Samsuing Fire & Marine Insurance Samsung Total Petrochemicals Samsung Total Petrochemicals Samsung Heavy Industries Samsung Heavy Industries Samsung Heavy Industries Samsung Heavy Industries Samsung Heavy Industries Samsung Heavy Industries Samsung Heavy Industries Samsung Heavy Industries Samsung Heavy Industries Samsung Heavy Industries Samsung Heavy Industries Samsung Heavy Industries Samsung Heavy Industries Samsung Heavy Industries Camellia Consulting Corporation Samsung Life Insurance Samsung Life Insurance Samsung Life Insurance Samsung Life Insurance Samsung Life Insurance Samsung Asset Management Samsung Asset Management Cheil Industries Cheil Industries Cheil Industries

Samsung Electro-Mechanics Thailand Co., Ltd. Samsung Electro-Mechanics Philippines, Corp. Calamba Premier Realty Corporation. Samsung Electro-Mechanics Pte. Dongguan Samsung Electro Mechanics Co., Ltd. Tianjin Samsung Electro-Mechanics Samsung Electro-Mechanics Hongkong Co., Ltd. Samsung High Techelectro-Mechanics Co., Ltd. Kunshan Samsung Electro-Mechanics Alphana Technology(Thailand) Co.,Ltd Samsung Electro-Mechanics Do Brasil Intermediacoes Shenzhen Samsung Electro-Mechanics Co., Ltd. SAMSUNG FIRE & MARINE MANAGEME SAMAUNG FIRE & MARINE INSURANCE COMPANY OF EUROPE Indonesian subsidiary of Samsung Fire & Marine Insurance Samsung Vina Insurance Co. Ltd. SAMSUNG REINSURANCE PTE. LTD Samsung Property Insurance (China) Co., Ltd. SAMSUNG FIRE & MARINE CONSULTORIA EM SEGUROS LTDA. Dongguan Samsung Total Engineering Plastics Limited Samsung Total Petrochemicals Trading (Shanghai) Co., Ltd. Hukuoka Engineering Center Camellia Consulting Corporation Samsung Wind Energy,Inc Samsung heavy Industries Hambu Samsung Heavy Industries India Pvt.Ltd. SAMSUNG HEAVY INDUSTRIES (M) SDN.BHD Samsung Heavy Industries (Thailand) Co.Ltd Samsung Heavy Industries (Ningbo) Co., Ltd. Samsung Heavy Industries (Rong Cheng) Co., Ltd. Rongcheng Gaya Shipbuilding Samsung Heavy Industries Trade SAMSUNG HEAVY INDUSTRIES NIGER Samsung Heavy Industries Brazi SHI BRAZIL CONSTRUCTION Oil & Gas Solution LLC Samsung Life Investment (America) Ltd. Samsung Life Investment (U.K.) Limited. Samsung Properties China, Limited. Samsung Air China Life Beijing Samsung Real Estate Co Samsung Asset Management(Singapore)Pte.Ltd. Samsung Asset Management(Hong Kong) Limited. Samsung Cheil Industries Japan Co., Ltd Cheil America Inc. Samsung Chemical U.S.A Inc.

75 100 39.8 100 100 81.8 100 95 100 100 100 100 100 100 70 50 100 100 100 100 100 100 100 100 100 100 100 49 100 100 100 100 100 100 100 50 100 100 100 50 90 100 100 100 100 100

Cheil Industries Cheil Industries Cheil Industries Cheil Industries Cheil Industries Cheil Industries Cheil Industries Cheil Industries Cheil Industries Starex Compounding America Inc. Samsung Fashion S.r.L Samsung Chemical (Thailand) CO., Ltd Samsung Techwin Samsung Techwin Samsung Techwin Samsung Techwin Samsung Techwin Samsung Techwin Samsung Everland e Samsung International eSamsung Greater China Co., Ltd. Opentide Greater China Co., Ltd. Opentide Greater China Co., Ltd. Opentide Greater China Co., Ltd. Opentide China Co., Ltd. Opentide China Co., Ltd. iMarket Asia Co., Ltd. Samsung Corning Precision Materials Samsung Corning Precision Materials Samsung Corning Malaysia SDN. Samsung Petrochemical Samsung Fine Chemicals Samsung Securities Samsung Securities Samsung Securities Samsung Securities (Asia) Limi Samsung SDS Samsung SDS Samsung SDS Samsung SDS Samsung SDS Samsung SDS Samsung SDS Samsung SDS Samsung SDS Miracom Inc. Samsung SDS America, Inc. Samsung SDS America, Inc. Samsung SDS Europe Ltd.

Starex Compounding America Inc. Samsung Fashion S.r.L Samsung Chemical Europe Gmbh Samsung Chemical Hungary LLC Samsung Chemical (Thailand) CO., Ltd Samsung Fashion Trading (Shanghai) Co. ,Ltd Samsung Chemical Material Trading(Shanghai)Co.Ltd. Tianjin Samsung Engineering Plastics Co., LTD Samsung Chemical Electronic Materials (Suzhou) Co. Ltd. Stacom Mexico, S.A. de C.V. COLOMBO VIA DELLA SPIGA S.R.L Samsung Thai Engineering Co., Ltd. Techwin Engineering Center Co. Samsung Opto-Electronics America, Inc. SAMSUNG TECHWIN EUROPE, Ltd. Tianjin Samsung Techwin Opto-Electronics Shanghai Samsung Mechatronics & Trading Samsung Techwin DO Brasil Equipamentos De Seguranca Ltda Shanghai Ever-Hongjun Business eSamsung Greater China Co., Ltd. iMarket Asia Co., Ltd. Opentide China Co., Ltd. OpenTide Taiwan Co., Ltd OpenTide Interactive Advertising Co.,Ltd Opentide e-Commerce Co.,Ltd. OpenTide Marketing Service Co., Ltd. iMarket China Co., Ltd. Samsung Corning Malaysia SDN. BHD. SSH Limited. Samsung Corning Precision Materials(M) sdn.bhd Samsung Petrochemical (Shanghai) Co., Ltd. Samsung Fine Chemicals Trading (Shanghai) Co., Ltd Samsung Securities (America), Inc. Samsung Securities (Europe) Limited. Samsung Securities (Asia) Limited. Samsung Securities (Singapore) Samsung SDS Infotech Pvt Ltd. Opentide Greater China Co., Ltd. Samsung SDS America, Inc. Samsung SDS Europe Ltd. Samsung SDS Global SCL Netherland Cooperatief U.A Samsung SDS Asia Pacific Pte. Ltd. Samsung SDS India PVt. Ltd. Samsung SDS China, Ltd. Samsung SDS Latin America, Ltd. MIRACOM ASIA PACIFIC Samsung SDS Latin America, Ltd Samsung SDS Mexico, S.A. DE C. Samsung SDS Global SCL Netherland Cooperatief U.A

100 100 100 100 59.4 100 100 100 100 99 100 19 100 100 100 95 100 100 51 77.3 100 100 100 100 100 100 80 100 60 100 100 100 100 100 100 100 81.5 36.7 100 100 100 100 100 100 99.6 100 0.4 99 0

Samsung SDS Asia Pacific Pte. Samsung SDS Asia Pacific Pte. Samsung SDS Asia Pacific Pte. Samsung SDS Asia Pacific Pte. Samsung SDS Asia Pacific Pte. Samsung SDS Asia Pacific Pte. Samsung Data Systems India Pvt Samsung SDS China, Ltd. MIRACOM ASIA PACIFIC Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering America Inc Samsung Thai Engineering Co., Ltd. Samsung Thai Engineering Co., Ltd. Samsung Engineering India Private Ltd. Samsung Saudi Arabia Ltd. Muharraq Holding Company 1 Limited Muharraq Holding Company 2 Lim S1 Cheil Worldwide Cheil Worldwide Cheil Worldwide Cheil Worldwide Cheil Worldwide Cheil Worldwide Cheil Worldwide Cheil Worldwide Cheil Worldwide

Samsung SDS GSCL Vietnam Co Ltd PT. Samsung SDS Global SCL Indonesia Samsung SDS Global SCL Philippines Co., Ltd. Samsung SDS Global SCL Thailand Co.,Ltd Samsung SDS Global SCL Malaysia SDN.BHD. Samsung SDS Global SCL Hong Kong Ltd Samsung SDS Infotech Pvt Ltd. Samsung SDS Global SCL Beijing Co., Ltd MIRACOM CHINA Samsung Engineering Japan Co., Ltd. Samsung Engineering America Inc. Samsung Engineering Magyarorszag Kft Samsung Engineering (Malaysia) SDN. BHD. PT Samsung Engineering Indonesia Co., Ltd. KEPC Co., Ltd Samsung Thai Engineering Co., Ltd. Samsung Engineering India Private Ltd. Samsung Engineering Australia Pty Limited Samsung Engineering Construction(Shanghai) Co., Ltd Samsung Saudi Arabia Ltd. Muharraq Wastewater Services Company W.L.L. Muharraq STP Company B.S.C. Muharraq Holding Company 1 Limited Samsung INGENIERIA MEXICO S.A DE C.V. Samsung Ingenieria Minatitlan, S.A. De C.V. Samsung Engineering Trinidad Co., Ltd. Samsung Ingenieria Manzanillo, S.A. De C.V. Grupo Samsung Ingenieria Mexico, S.A. De C.V. Samsung Ingenieria Energia S.A. De C.V. Samsung Engineering America Do Sul Projecto E Consultoria Ltda. Samsung Engineering Kazakhstan LLP SEA Construction, LLC Samsung Chemical (Thailand) CO., Ltd Samsung Engineering (Thailand) Co., Ltd. Samsung Saudi Arabia Ltd. Samsung EPC Company limited Muharraq Holding Company 2 Limited Muharraq STP Company B.S.C. Samsung Beijing Security Systems Cheil USA Inc. Cheil Central America Cheil Europe Ltd. Cheil Germany GmbH Cheil France SAS Cheil India Private Limited Cheil (Thailand) Ltd. Cheil Singapore Pte. Ltd. Cheil Vietnam Co.Ltd.

51 100 100 100 100 100 18.5 100 100 100 100 100 100 100 33 81 100 100 100 95 65 5.1 45 99.7 99.9 100 99.9 100 100 100 100 100 40.6 67 5 75 100 88.7 100 100 100 100 100 100 100 100 100 90

Cheil Worldwide Cheil Worldwide Cheil Worldwide Cheil Worldwide Cheil Worldwide Cheil Worldwide Cheil Worldwide Cheil Worldwide Hotel Shilla Hotel Shilla Hotel Shilla Hotel Shilla Hotel Shilla Hotel Shilla Cheil USA Inc. Cheil USA Inc. Cheil USA Inc. Samsung Hospitality America Cheil Europe Ltd. Cheil Europe Ltd. Cheil Europe Ltd. Cheil Germany GmbH Cheil (Thailand) Ltd. Cheil Singapore Pte. Ltd. Cheil MEA FZ-LLC Cheil MEA FZ-LLC One Agency FZ LLC One Agency FZ LLC One Agency FZ LLC

Cheil China Cheil Hong Kong Limited Cheil MEA FZ-LLC Cheil South Africa Limited Cheil Brazil Communications Ltda. Cheil Mexico Inc. SA de CV Cheil Rus LLC. Cheil Ukraine LLC Samsung Hospitality America New Jersey Int'l M.C.Inc. SAMSUNG HOSPITALITY U.K. Limited Shilla Limited Samsung Shilla Business Service Beijing Co., Ltd. SHILLA LIMITED The Barbarian Group, LLC Cheil India Private Limited Cheil Mexico Inc. SA de CV Samsung Hospitality Europe GmbH CHEIL ITALIA S.R.L. CHEIL SPAIN S.L CHEIL BENELUX B.V. CHEIL AUSTRIA GMBH Samsung Heavy Industries (Thailand) Co.Ltd Opentide Greater China Co., Ltd. One Agency FZ LLC One Agency Istanbul Advertisement, Communication &Production LLC One Agency Istanbul Advertisement, Communication &Production LLC One Agency Interior Design LLC One Agency Printing LLC

100 100 100 100 100 98 100 100 100 100 100 100 100 100 75.6 0 2 100 100 100 100 100 25.5 58.3 70 0 100 100 100

Equity Investments in Other Companies


As of end-1H 2012, Samsung Electronics equity investments in other companies amounted to KRW41,296,100,000,000 and such investments were made for business purpose, etc. (As of June 30, 2012)
Account Company name Date of purch -ase Year-beginning balance Purpose Initial acquisition cost No. of shares Increase/decrease Cost for acquisition (or disposal)

(K shares, million won, %)


Year-end balance Financial status Note No. of shares Stake Book value Total asset Net profit

Stake

Book value

No. of shares

Listed

Samsung SDI

1977. 01

Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc. Business purpose Business purpose Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc. Business purpose Business purpose Participation in management , etc. Participation in management , etc. Business purpose Business purpose Business purpose Business purpose Participation in management , etc. Participation in management , etc. Business purpose

304

9,283

19.68

874,079

9,283

19.68

874,079

8,527,41 1

320,109

Listed

SEMCO

1977. 01

250

17,69 3

22.8

445,244

17,693

22.8

445,244

7,455,73 1

349,473

Listed

Samsung Card

1988. 12

10,000

43,39 3

35.29

1,455,48 5

43,393

35.29

1,455,48 5

16,135,2 53

374,831

Listed

Samsung Techwin

1977. 12 1995. 06 1992. 12 1996. 12

336

13,52 7

25.46

235,638

13,527

25.46

235,638

3,223,45 4

241,014

Unlisted

STECO

24,000

2,448

51

32,724

2,448

51

32,724

91,280

5,148

Unlisted

SEMES Samsung SNS (previously Seoul Commtech) SERI

1,000

1,712

85.62

27,968

1,712

85.62

27,968

439,732

66,794

Unlisted

3,800

3,933

35.55

56,129

3,933

35.47

56,129

304,400

16,919

Unlisted

1991. 05

320

3,576

29.8

24,942

3,576

29.8

24,942

117,502

207

Unlisted

Samsung SDS

1992. 07

6,160

15,65 6

21.67

430,831

15,656

21.67

430,831

4,027,59 7

324,767

Available for sale securities

Unlisted

Samsung Lions

1986. 08 1993. 11 1998. 01

240

55

27.5

-102

55

27.5

-102

66,996

980

Domestic

Unlisted

SECRON Samsung Electronics Service

1,000

625

78.13

10,938

625

78.13

10,938

109,752

11,717

Unlisted

30,000

6,000

99.33

48,121

6,000

99.33

48,121

234,825

2,731

Unlisted

MEMC Korea

1991. 12

36,000

3,440

20

35,286

3,440

20

35,286

232,104

-2,179

Unlisted

Samsung Corning Precision Materials

1995. 04

617

7,512

42.54

1,771,20 9

-7,512

1,771,20 9

8,215,88 2

2,305,4 34

Disposal

Unlisted

Living Plaza Samsung Electronics Logitech S-LCD Corporation Samsung Mobile Display

2000. 12 1999. 04 2004. 04 2009. 01 2009. 04

3,100

1,767

100

247,523

1,767

100

247,523

445,055

5,896

Unlisted

76

1,011

100

46,669

0 330,0 00 0 20,00 0 11,00 0 150,0 00

0 1,685,63 2 0

1,011

100

46,669

183,747

9,095

Unlisted

1,260,00 0 200,000

330,0 00 43,65 0 20,00 0

50

1,685,63 2 2,499,76 0

0 2,499,76 0

4,940,88 6 9,590,90 9 1,454,19 3

179,759 874,368

Disposal

Unlisted

64.36

43,650

64.36

Unlisted

Samsung LED

15,004

50

180,916

-180,916

64,783

Merger

Unlisted

SSLM

2012. 04 2012. 04

52,296

52,296

11,000

50

52,296

Acquisition

Unlisted

Samsung Display

16,009,5 47

16,009,5 47

150,00 0

100

16,009,5 47

Spin-off

Unlisted

SVIC #4

1999. 12 2005. 07 2005. 07 2009. 05 2011. 11 2011. 11 2010. 07 2003. 12 2008. 12 2011. 02 2011. 02 2011. 04

Business purpose Business purpose Business purpose Business purpose Business purpose Business purpose Business purpose Business purpose Business purpose Business purpose Business purpose Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc.

150,000

65.67

5,169

-5,169

17,386

6,641

Liquidation

Unlisted

SVIC #6

26,800

99

64,463

-57,236

99

7,227

141,310

65,884

Collection

Unlisted

SVIC #7

15,000

99

4,468

99

4,468

2,180

-58

Unlisted

SVIC #14

18,000

99

78,515

-34,254

99

44,261

102,694

6,161

Collection

Unlisted

SVIC #21

19,800

99

19,800

99

19,800

20,108

-714

Unlisted

SVIC #22

19,800

99

19,800

99

19,800

20,104

-718

Unlisted

GES World Cyber Games Samsung BlueWings Prosonic Samsung Medison Samsung Biologics

1,500

20

100

1,500

20

100

1,500

8,516

412

Unlisted

450

45

450

45

1,814

719

Unlisted

2,000

400

100

2,000

400

100

2,000

4,267

-12

Unlisted

45,000

570 77,31 9

100

43,581

-938

570

100

42,643

22,099

426

Evaluation

Unlisted

286,384

65.76

445,005

-10,000

77,319

65.76

435,005

305,623

11,377

Evaluation

Unlisted

30,000

1,200

40

60,000

2,496

122,220

3,696

41.45

182,220

182,268

-9,838

Capital increase

Unlisted

Intellectual Discovery Samsung Heavy Industries Samsung Fine Chemicals

2011. 05

5,000

2,000

28.13

10,000

2,000

22.35

10,000

35,371

-4,178

Listed

1977. 09

125

40,67 6

17.61

1,134,85 0

382,351

40,676

17.61

1,517,20 1

16,413,9 39

851,115

Evaluation

Listed

1995. 05

1,346

2,165

8.39

132,063

-2,598

2,165

8.39

129,465

1,400,45 2

73,427

Evaluation

Listed

Hotel Shilla

1979. 12

252

2,005

5.01

77,182

34,280

2,005

5.01

111,462

1,385,30 3

56,118

Evaluation

Listed

Cheil Worldwide

1988. 09

185

2,999

2.61

56,826

-2,249

2,999

2.61

54,577

1,810,59 3

95,731

Evaluation

Listed

A-TECH SOLUTION

2009. 11

26,348

1,592

15.92

17,830

-4,378

1,592

15.92

13,452

168,113

11,296

Evaluation

Listed

SFA

2010. 05

38,262

1,822

10

111,142

-1,822

-111,142

572,412

88,890

Disposal

Listed

iMarket Korea

2000. 12

1,900

647

1.8

10,487

3,107

647

1.8

13,594

563,407

34,529

Evaluation

Listed

KT Skylife

2001. 12

3,344

240

0.5

6,576

-1,140

240

0.5

5,436

537,330

26,649

Evaluation

Unlisted

Samsung Petrochemical Samsung General Chemicals KihyupTechnology Banking (previously Kihyup Finance) PUSAN NEWPORT The Korea Economic Daily Brooks Automation Asia Samsung Venture Investment Corporation

1978. 01

100

514

12.96

91,489

514

12.96

91,489

969,257

135,545

Unlisted

1988. 07

1,500

1,914

3.91

71,365

1,914

3.91

71,365

1,254,34 7

176,788

Unlisted

1995. 01

5,000

1,000

17.24

5,000

1,000

17.24

5,000

60,345

-768

Unlisted

1997. 09

590

1,135

0.98

5,677

1,135

0.98

5,677

677,701

28,781

Unlisted

1987. 05

150

72

0.39

365

72

0.39

365

203,848

6,999

Unlisted

1999. 06

1,097

219

19

368

219

19

368

4,279

294

Unlisted

1999. 11

4,900

980

16.33

5,835

980

16.33

5,835

54,872

3,013

Unlisted

Cyber Bank

2000. 12

Unlisted

Fine Chips

2001. 12

Unlisted

SK Telink

2010. 11

Unlisted

Inkel (previously Etronics) Yongpyong Resort

2006. 11

Unlisted

2007. 05

Unlisted

Trigem Computer iCube Investment Union #1

2007. 12

Unlisted

2009. 12

Unlisted

KT WiBro Infra

2010. 07

Unlisted

Shinsung

2010. 07

Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc. Business purpose Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold

8,000

1,083

7.46

1,083

7.46

10

4.76

10

3.81

10

2,991

-1,063

4,357

14

1.13

4,357

15

1.13

4,357

420,829

34,691

130

153,986

1,642

1,869

400

1.05

1,869

400

1.05

1,869

805,909

90

0.01

0.01

94,148

-14,396

4,000

16.23

4,000

16.23

4,000

24,017

-64

60,000

600

24.2

60,000

600

24.2

60,000

257,395

2,202

0.01

0.01

50,606

2,244

Unlisted

JNT (semiconductor fund) SV (semiconductor fund) Seoul Investment Partners Daishin-Aju IB (Semiconductor fund) SL (semiconductor fund) TS (semiconductor fund) IMM (semiconductor fund) Hi Pioneer Investment Trust #1

2011. 02

1,800

24

1,800

24

1,800

7,242

-200

Unlisted

2011. 02

1,850

14.23

2,035

814

14.62

2,849

13,213

-433

Capital increase

Unlisted

2011. 1

1,550

19.4

1,550

19.4

1,550

7,955

-135

Unlisted

2011. 08

258

258

258

8,055

-797

Unlisted

2011. 12

680

6.8

680

-680

10,009

Liquidation

Unlisted

2011. 11

1,700

19.9

1,700

19.9

1,700

8,563

-43

Unlisted

2011. 11

760

7.6

760

274

7.6

1,034

10,011

-92

Capital increase

Unlisted

2011. 09

29,244

100

29,244

-7,800

100

21,444

29,249

-188

Collection

Unlisted

SECA

1992. 08

3,823

100

90,922

100

90,922

343,599

19,519

Unlisted

SEA

1978. 07

59,362

492

100

4,612,32 3

47,264

492

100

4,659,58 7

9,816,57 1

-41,542

Capital increase

Unlisted

SELA

1989. 04

319

40

100

86,962

40

100

86,962

207,644

-17,346

Available for sale securities

Overseas

Unlisted

SEM

1995. 07

3,032

1,770

82.73

90,214

1,770

63.58

90,214

1,094,27 0

5,125

Unlisted

SEASA

1996. 06

4,696

21,85 4

98

6,779

21,854

98

6,779

45,324

1,601

Unlisted

SEDA

1994. 01

13,224

48,64 3,932

72.92

498,768

48,643, 932

87.04

498,768

2,434,25 9

-43,406

Unlisted

SECH

2002. 12

597

4.1

597

4.1

597

240,201

11,925

Unlisted

CMLA LLC

2008. 02

Participation in management , etc. Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold

654

25

4,115

25

4,115

13,875

31

Unlisted

SESA

1989. 01

3,276

8,021

100

142,091

8,021

100

142,091

788,575

47,760

Unlisted

SENA

1992. 03

392

1,000

100

69,372

1,000

100

69,372

422,504

22,076

Unlisted

SEH

1991. 05

1,954

753

100

650,157

753

100

650,157

1,318,55 3

191,329

Unlisted

SEP

1982. 09

204

1,751

100

37,616

1,751

100

37,616

154,152

4,664

Unlisted

SEF

1991. 08

230

2,700

100

234,115

2,700

100

234,115

986,708

55,802

Unlisted

SEUK

1995. 07

33,908

109,5 46

100

433,202

109,54 6

100

433,202

996,860

49,564

Unlisted

SEHG

1982. 02

28,042

100

354,846

100

354,846

597,292

75,557

Unlisted

SEAG

2002. 01

40

100

32,162

100

32,162

246,370

20,298

Unlisted

SEI

1993. 05

862

677

100

143,181

677

100

143,181

863,204

37,046

Unlisted

SEBN

1995. 07

236

337,4 44

100

620,459

7,608

11,182

345,05 2

100

631,641

820,042

25,224

Capital increase

Unlisted

SELS

1991. 05

18,314

1,306

100

24,288

1,306

100

24,288

1,368,67 3

12,118

Unlisted

SEPOL

1996. 04

5,462

106

100

78,267

106

100

78,267

491,320

18,620

Unlisted

SSA

1998. 12

263

2,000

100

32,622

2,000

100

32,622

617,754

-32,555

Unlisted

SESK

2002. 06

8,976

55.69

263,767

55.68

263,767

2,361,71 9

255,032

Unlisted

SEEH

2008. 01

4,214

100

208,433

49,908

100

258,341

3,796,93 7

5,227

Capital increase

Unlisted

SELSK

2007. 03

28,244

0.01

11

-11

464,666

23,260

Disposal

Unlisted

SEO

1997. 01

120

100

-10,043

100

-10,043

137,559

-247

Unlisted

SRSC

1997. 11

707

100

8,211

100

8,211

35,180

5,300

Unlisted

SERC

2006. 01

24,877

100

180,079

100

180,079

1,509,25 6

33,313

Unlisted

SERK

2007. 07

4,600

100

204,555

100

204,555

1,125,14 5

291,158

Unlisted

SEAU

1987. 11

392

53,20 0

100

111,964

53,200

100

111,964

465,978

12,766

Unlisted

SEMA

1989. 09

4,378

16,24 7

100

153,602

16,247

100

153,602

247,643

9,386

Unlisted

SGE

1995. 05

Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold

827

100

32,798

100

32,798

310,428

-51,200

Unlisted

SEIN

1991. 08

7,463

46

99.99

118,909

46

99.99

118,909

647,891

-20,686

Unlisted

SDMA

1995. 03

21,876

71,40 0

75

244,382

71,400

75

244,382

914,625

126,851

Unlisted

SIEL

1995. 08

5,414

216,7 87

100

75,263

216,78 7

100

75,263

1,090,39 0

62,550

Unlisted

SISO

2005. 05

7,358

17

100

31,787

17

100

31,787

93,108

14,499

Unlisted

SAPL

1990. 12

364

42,91 1

70

301,166

18,39 1

19,452

61,302

100

320,618

822,673

-8,697

Acquisition

Unlisted

SAVINA

1995. 01

5,839

80

23,428

80

23,428

136,973

4,697

Unlisted

TSE

1988. 01

1,390

11,02 0

91.83

279,163

11,020

91.83

279,163

1,169,77 8

189,320

Unlisted

STE

1996. 01

4,206

49

4,474

49

4,474

43,558

-901

Unlisted

SEPHIL

2001. 03

12,934

9,876

100

78,919

9,876

100

78,919

293,079

48,278

Unlisted

SME

2003. 05

4,796

17,10 0

100

7,644

17,100

100

7,644

704,132

6,723

Unlisted

SEAH

2006. 07

793

736,2 69

100

545,625

736,26 9

100

545,625

720,667

34,409

Unlisted

SEHK

1988. 09

349

274,2 50

100

79,033

274,25 0

100

79,033

1,155,60 6

23,104

Unlisted

SET

1994. 11

456

27,27 0

100

112,949

27,270

100

112,949

1,794,85 8

18,497

Unlisted

SESS

1994. 12

18,875

100

483,923

100

483,923

746,386

60,657

Unlisted

SCIC

1996. 03

23,253

100

617,941

100

617,941

3,323,35 8

124,892

Unlisted

SEHZ

1992. 12

792

89.46

255,535

89.56

255,535

2,984,59 2

398,015

Unlisted

SSEC

1995. 04

32,128

78.19

130,551

69.06

130,551

729,169

-18,357

Unlisted

TSEC

1993. 04

15,064

48.19

118,127

48.2

118,127

781,324

81,431

Unlisted

SSDP

1993. 08

4,446

90

65,319

87.1

65,319

732,472

67,114

Unlisted

TSTC

2001. 03

10,813

90

490,041

90

490,041

1,664,98 9

327,649

Unlisted

SSTC

2001. 11

15,799

100

-1,186

100

-1,186

13,748

-2,902

Unlisted

SSKMT

2002. 02

6,009

60

102,196

60

102,196

182,063

23,103

Unlisted

SESL

2002. 11

Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Establishme nt of overseas foothold Participation in management , etc. Establishme nt of overseas foothold Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc. Participation in management , etc.

18,382

100

313,397

-313,397

520,520

38,826

Disposal

Unlisted

SESC

2002. 09

5,471

87.6

34,028

73.7

34,028

1,411,34 9

156,469

Unlisted

SSS

2001. 01

1,200

100

19,189

100

19,189

2,024,40 3

48,248

Unlisted

SEHF

2004. 04

17,204

100

85,088

100

85,088

83,359

4,324

Unlisted

SSCR

2006. 09

3,405

100

9,332

100

9,332

14,202

1,362

Unlisted

TSOE

2010. 04

33,837

167,1 99

81.98

93,154

167,19 9

82

93,154

249,562

44,068

Unlisted

SSL

2011. 07

78,968

50

78,968

-78,968

166,093

-11,108

Disposal

Unlisted

TSLED

2012. 04

119,519

119,519

100

119,519

Acquisition

Unlisted

SJC

1975. 12

273

795

50.96

211,370

765

159,277

1,560

100

370,647

2,856,47 1

36,929

Acquisition

Unlisted

SYRI

1992. 08

3,120

122

100

92,582

122

100

92,582

212,957

1,916

Unlisted

TSST Japan

2004. 03

1,639

49.03

11,137

49.03

11,137

399,552

19,841

Unlisted

SOG

2010. 04

100

100

Unlisted

SDIB

1996. 09

3,110

586

0.08

586

0.08

52,906

1,305

Unlisted

Semiconductor Portal

2002. 12

38

1.21

10

1.21

10

2,177

2,094

Unlisted

FTS

2008. 12

1,952

116

41.5

563

116

41.5

563

5,418

1,707

Unlisted

Maltani Lighting

2012. 04

16,544

16,544

15

16,544

Acquisition

Unlisted

Nanosys,Inc

2010. 08

4,774

3,493

3.33

4,774

-1,746

-2,387

1,747

1.67

2,387

20,439

-17

Disposal

Unlisted

CSOT

2011. 09

278,130

15

278,130

-278,130

4,403,16 6

-26,666

Disposal

Unlisted

ONE BLUE LLC

2011. 07

1,766

16.67

1,766

16.67

1,766

21,215

1,105

Listed

Rambus

2010. 01

1,854

4,788

4.35

41,692

-9,981

4,788

4.34

31,711

799,991

-49,653

Evaluation

Listed

SEAGATE Total

2011. 12

788,454 20,310,9 25

45,23 9

9.73

855,665 28,391,0 80

435,175 12,904,9 94

45,239

10.64

1,290,84 0 41,296,0 74

10,639,1 93

589,336

Evaluation

The cost for acquisition (or disposal) includes increases or decreases in the cost that do not accompany money transactions such as fair value measurement and impairment measurement.

IV. Management and Employees


Employees (As of June 30, 2012)
(Person, year, million won) Business division /gender DMC DS Others Total Male Female Regular
45,492 38,310 2,872 86,674 63,173 23,501

No. of employees Contractbased


1,150 242 241 1,633 1,142 491

Others
-

Total
46,642 38,552 3,113 88,307 64,315 23,992

Average length of service

Total wage

Average wage per capita

8.9

3,352,346

35

9.7 6.8

2,647,918 704,428

39 25.1

The number of employees on a parent-company basis. Three executive directors excluded. Total wage excludes provisioning for labor cost and includes incentives, severance pay, etc. Average wage per capita was calculated based on total average employee figure of 95,843 (male: 67,820 / female: 28,023) Total average employee figure includes the workers of the spun-off Samsung Display (January~March)

Remuneration for the Management


< Remuneration approved at shareholders meeting > (100 million won) No. of persons 3 4 Amount approved at shareholders meeting 300 Audit Committee member included Note

Executive directors Independent directors

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