The global power game

Samsung has stated its global vision of becoming "one of the top three electronics companies in the world in quantity and quality by 2010." Despite touching sales of $55.3 billion in 2004 – a 32% increase yoy (and despite profits of $10.5 billion – an 81% increase yoy), Samsung seems to have delivered poor results for the quarter ending September. Still, Samsung’s three divisions, namely emiconductors, telecommunication and digital media, have suffered a yoy sales fall of 3%, 5% and 16% respectively.

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Source: IIPM Editorial, 2006

Research and Publication, IIPM Support Services

However, it might perhaps be time for the bank to tweak a few strategies if it wants to consolidate its position before the banking sector opens for foreign participation in 2007.ICICI thus cannot afford to get complacent with its leadership position in retail and needs to work on aggressive strategies for sustained growth.

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Source: IIPM Editorial, 2006