Electronics Industry 4
among others. The engineering department has achieved establishing Samsung Techwin (the
aerospace manufacturer that supplies parts used in jet engines, manufactures gas turbines and
aircraft engines. Later on, in 1993, the organization decided to down size into three divisions
and sell off around ten subsidiaries. The three divisions included chemicals, electronics, and
engineering. Should it be said that the downsizing was a major achievement because after it
gave more of its energy towards electronics, it started investing in LCD technology and later
on in 2005 it emerged to become the largest LCD panel manufacturer in the world. Having
partnered with Sony Electronics Company, it had one more share than Sony, which gave it
more control over LCD manufacturing. It, later on, bought the stake belonging to Samsung
and took full control of the partnership in around 2011. Since then, with the manufacture of
unique products, Samsung has emerged to be among the leading mobile companies in the
world, in fact, it was the top most in the year 2016 according to Bhasin (2016). Samsung has
a primary NAIICS code of 443142-Electronics Store in the United States (Bhasin, 2016).
Other than Samsung electronics, among the top competitors in the electronics
industries, include; intel, LG electronics, Toshiba, Panasonic, Sony, Hitachi, Microsoft,
Hewlett Packard (HP) founded by Hewlett and Packard in 1939, and Apple Inc. founded by
Steve Jobs et al, in 1976, with its headquarters in Cupertino, CA. Apple Inc. has within the
last five years been the most competitive electronics industry, at times like in 2015 managing
to overtake Samsung electronics. For instance, in the 2015 ranking in terms of revenue, with
the emergence of the iPhone 6, the Samsung mobile was overtaken. In addition, with the
increased reported case of Samsung S6 having issues with its battery exploding costed the
company its level of customer’s confidence (Hernandez, 2013).
In the selection of the some of the best organizations to work with in the electronics
industry within the US, I would select, first, the Apple Inc. This is because Apple Inc.
produces some of the best shaped personal computers and mobile phones. The organization is