Leading the way MIDDLE EAST 01York Leading the Way New Samsung America Inc. CEO’sRoad Message 10513 Challenger Ridgefield Park, 14 Vision & Overview NJ 07660, U.S.A. Tel:15 1-201-229-5001 Global Success Stories www.samsungamerica.com Mexico City Samsung America Inc. Oficina de Representacion En Mexico Sierra Candela No. 111, Suite 416, Col, Lomas de Chapultepec C.P. 11000 México, D.F. Tel: 52-55-5985-5901 Dubai Samsung C&T Corporation Dubai Office No. 308, Al-Dana Bldg. Al-Maktoum Street P.O. Box 4246, Dubai, U.A.E. Tel: 971-4-222-9634 Los Angeles 34 Social Commitment Samsung America Inc. L.A. Office 36 About Samsung 14251, East Firestone Blvd La Mirada, CA 90638,Statements U.S.A. 38 Financial Tel: 1-562-802-2211 www.SAI.Samsung.com Mazanillo Terminal Kms de Gnl, S. de R.L. de C.V. Monte Pelvoux No. 220, 1er. Piso Col. Lomas de Chapultepec C.P. 11000 México, D.F. Tel: 52-1-55-5284-0538 Tehran Samsung C&T Corporation Tehran Office 3rd Fl., No. 1 Parvin Alley Valiasr Avenue, Tehran, Iran Tel: 98-21-2204-2106 Sao Paulo Samsung do Brasil S/S Ltda Av. Das Nacoes Unidas 12901 Torre Oeste 6° Andar-Brooklin Paulista Cep 04578-910, Sao Paulo S.P., Brasil Tel: 55-11-5105-5000 Riyadh Samsung C&T Corporation Riyadh Office Al Rosais Center, 7th Floor Office No. 706, Olaya Street P.O. Box 69635 Riyadh 11557, Saudi Arabia Tel: 966-1-462-7641 23 Business Portfolio Houston Samsung America Inc. Houston Office 5847 San Felipe Street Suite No. 1500 Houston, TX 77057, U.S.A. Tel: 1-713-953-9700 (11) Santiago Samsung America Inc. Santiago Rosario Norte 555 Of. 602, Edificio Neruda Las Condes, Santiago, Chile Tel: 56-2-570-3256 Panama Samsung America Inc. Panama Plaza Credicorp Bank Panama Piso 4, Calle 50, No. 120 Panama City, Republic of Panama Tel: 507-210-1588 Bogota Samsung America Inc. Bogota No. 513, Tower B Teleport Business Park Bldg. 114th St., No. 9-45 Santafé de Bogoté Tel: 57-1-629-2535 > Network SOUTH AMERICA Global Contents NORTH AMERICA AFRICA Lagos Samsung (Nigeria) Co., Ltd. Amazing Grace Plaza 2nd Floor Plot 2e-4e, Ligali Ayorinde Street Victoria Island, Lagos, Nigeria Tel: 234-1-461-0439 (6215) Algiers Samsung C&T Corporation Algiers Office 16000 01, Chemin Aek Gadouche 16000, Hydra, Algeries, Algeria Tel: 213-21-59-1030 Accra Samsung C&T Corporation Accra Office No. 40, Senchi Street Airport Residential Area Upo Legon Pmb L2, Accra, Ghana Tel: 233-21-771551 Johannesburg Samsung C&T Corporation Johannesburg Office 16th Fl., Office Tower Sandton City 2146, South Africa Tel:27-11-884-8746 Luanda Samsung C&T Corporation Luanda Office Edificio Monumental 11-A Rua Major Kanhangulo 290 Luanda, Angola Tel: 244-222-333-126 Lobito Lobinave - Estaleiro Naval do Lobito, Limitada Lobito Velho, Lobito Angola, C.P. 480 Tel: 244-272-22-3003/3004 Where there is a will, there is a way. Spanning national borders and seas, connecting people with people and nations with nations, we are leading the way. When we lead, dreams come true. From trade to integrated business solutions and apartments to skyscrapers, every challenge we have taken on has brought new value to life. Today, we are leading the way to a bigger and brighter world where even more dreams come true. “China is fast emerging as a new We realized the tremendous growth potential of this country early on, developing hub of the global economy. businesses and markets in the world’s most populous nation. Beyond tapping this vast domestic market, we are involved in an increasingly diverse range of businesses here— Hun-Sup Shim _ General Manager, China HQ complex trade, manufacturing, and resource development—to name a few. Our operations here are an extremely important component of our efforts to expand our presence in major global markets. And that is why we are committed to being a global partner for growth as we lead the way in bringing new business opportunities to China. Young-Jun Chang _ General Manager, Kuala Lumpur Office “Geographical proximity and In addition to trading in chemicals, steel, plastics, tires, textiles, pulp and paper, cultural similarities make machinery, and materials and components for semiconductor and LCD manufacturing, Southeast Asia a perfect place we are also involved in the project organizing, manufacturing, and resource development for us to do business.” fields. In the years ahead, we will be strategically upgrading our business capabilities by expanding our local sales networks and participating in major national projects as we continue to lead the way in meeting the needs of growing economies in Southeast Asia. Sang-Ku Kang _ General Manager, Dubai Office “Dubai stands above the rest As the company that helped build Taiwan’s Taipei 101 Tower and Malaysia’s Petronas Tower today as the world’s tallest II, we are proud to once again have had the opportunity to take skyscraper construction to building—the Burj Dubai— the next level with our unique vision and state-of-the-art capabilities. Precise project towers high above this planning is the most important factor in constructing ultra-high-rise buildings, a field we desert oasis.” clearly lead the world in. And with the completion of the Burj Dubai in 2009, we continue to lead the way in building the architectural wonders of modern civilization. “Europe represents one of the Kihoon Jung _ Vice President, Samsung U.K. Beyond traditional trade in textiles and basic materials, our bustling operations across world’s largest and most affluent the region include both trilateral trade and brand merchandising. Our Pleomax-branded market opportunities.” digital storage media, batteries, and PC accessories have been a huge success here thanks to our top quality, unique designs, wide selection, and savvy marketing. We also continue to develop our local investment business model as we pursue privatization opportunities across Russia and the CIS region. These are just a few of the ways that we are leading the way in new businesses and markets across the European continent. “America’s West Coast is where Yoon-Chul Kim _ Deputy General Manager, Fabric Division, Samsung America One of the world’s largest economies and a gateway to Central and South American we are working to make our markets, California is the focal point of our strategy to weave another textile industry mark on the fashion world.” success story. In addition to trading fibers, yarns, and highly functional fabrics, we are now counting on trendsetting textile design to move us up the fashion value chain. And with our talented staff of experienced and promising local designers, we will soon be leading the way in keeping the world in fashion. Global excellence is how we will lead the way. In today’s fast-changing global marketplace, borders are increasingly meaningless. And as competition intensifies day by day, businesses everywhere are going all-out to find tomorrow’s growth engines that will help them lead the way into the future. At Samsung C&T, our knack for identifying customer and market needs in advance enables us to consistently deliver creative, integrated business solutions for our customers across a broad spectrum of sectors, including energy, industrial materials, basic materials, machinery, and construction. Backed by a comprehensive range of capabilities encompassing financing, logistics, marketing, risk management, and myriad other specialties, our global network of more than 90 offices is helping us lead the way, empowering us to forge win-win business relationships as we consistently create greater value around the globe. Thank you again for your interest in Samsung C&T. We look forward to the opportunity to earn your trust and business in the coming years as we lead the way to a brighter future. Sung-Ha Chi|President & CEO Vision & Overview 14 C ks • Residential C l Wor ons tru Civi c ti on Samsung C&T Corporation •P la nt ru st on • on cti Trading & Investment Group uct i on Commercial Co nstr Who We Are Established as Samsung Sanghoe (Samsung Trading Company)—a small business trading farm produce and consumer goods—back in 1938, we have played a key role in the advancement and globalization of Korea’s economy, both as the mother company of the Samsung Group and as the nation’s first and most prominent general trading company. Our 1996 merger with Samsung Engineering & Construction was an important milestone in our emergence as a global company in both scale and capabilities. Backed by a global network, outstanding business capabilities, and excellent workforce, our Trading & Investment and Engineering & Construction Groups are today serving and satisfying customers around the world. And the synergy that these two groups create is why our global competitiveness continues to grow as we lead the way forward. evelopment • New & R rce D e s ou Machinery & Plan newa a ls • Re ts • c b i em Tex le E h C tile ne s • rgy Br a Creating a World of Value At Samsung C&T, we aspire to be a global value-creating company that delivers excellence with creativity and passion. Our global family of over 3,300 of the world’s best and brightest pursues the breakthroughs and innovations that will shape the future as we expand into new businesses, raise the bar for professionalism, and earn the world’s trust and respect to create superior value for our customers, employees, and society. s• al ri & Steel • Me e • Iron tals ctur •E tru lec cts • Basic Materia s u d a o ls r r tro f P r n I e nic y m u g s r M n e at o n C E d e • e d n Engineering & Construction Group Global Success Stories Issaouane, Algeria Jambil, Kazakhstan Energy & Resource Development and extract natural resources such as oil, gas, and minerals. We develop and deliver solar and other new and renewable energy solutions. And Qatar LNG Yemen At Samsung C&T, we help bring energy and resources to life. We search for Oman LNG we plan and build energy infrastructure such as power plants and LNG terminals. Mahuangshan, China Leveraging the know-how and unique capabilities we have cultivated in the three decades that have passed since we entered the resource development business in 1979, we work around the clock to provide our customers with a stable, reliable supply of energy resources. One example of this is our successful oil field development project in China’s Mahuangshan West block that began commercial production in 2007, culminating a decade of exploration and development. Another is our acquisition of an equity interest in five US oil and gas fields in the Gulf of Mexico in 2008 that collectively produce East Timor Gulf of Mexico, USA Manzanillo LNG around 18,000 barrels of oil equivalent per day. These are just two of the ten energy development projects we currently have underway worldwide in collaboration with leading international energy firms. As we continue to aggressively pursue resource development opportunities around the globe, we are also ramping up investment in advanced new and renewable energy solutions such as solar, wind, hydrogen fuel cells, and biofuels. We believe that our expertise in financing, market intelligence, and marketing puts us in a unique position to lead the way to a brighter, cleaner energy future in the years to come. 16 Ankor Energy, Gulf of Mexico, USA In 2008, we teamed up with Korea National Oil Corporation to take over the operations of five producing oil and gas fields in the Gulf of Mexico with estimated reserves of 65 million barrels from Taylor Energy. Precision Stainless Steel Production At Samsung C&T, we are making rapid inroads into the precision stainless steel field. Our progress is driven by a global network, decades of experience in steel trading, and the operational know-how gained through our management of Romanian stainless steel producer Otelinox over the past decade. Precision stainless steel is a high-tech, value-added material used in components for the automotive, infotech, electric, and other major industries. Markets with heavy concentrations of these industries such as China and Eastern Europe are driving steady growth in demand. This promising outlook has prompted us to accelerate our expansion in this field in recent years. In 2002, we commissioned a new mill at Otelinox. Then in 2008, we acquired Myodo Metal, one of Japan’s top-five producers. We are currently building a new state-of-the-art mill in Pinghu, China. In the coming years, we expect our successful Otelinox business, the technical leadership of Myodo Metal, and our new mill in the fast-growing Chinese market to generate considerable synergies. In addition to enabling us to meet growing demand in key markets, this global production capability will position us to lead the way as the world’s top supplier of precision stainless steel in the not-so-distant future. Otelinox, Romania Our successful turnaround of Otelinox following our 1997 acquisition of that struggling stainless steel producer earned that firm the Romanian Chamber of Commerce’s best-managed privatized firm award in 2001 and 2002. 18 19 Project Organizing At Samsung C&T, we offer integrated business solutions for the oil and gas, public infrastructure, communications, transportation equipment, and machinery industries. Our extensive organizing capabilities include project consulting, engineer-procure-construct (EPC) contracting, financing, investment, risk management, off-take, and operation and maintenance services. In today’s tough business environment, project finance is often the biggest challenge. We are experts in arranging buildoperate-transfer (BOT), build-lease-transfer (BLT), and build-own-operate (BOO) projects to help developing countries move forward with the power, port, and other infrastructure projects they need to grow. A prime example of this is a large-scale LNG receiving terminal BOO project in Manzanillo, Mexico that we and consortium partners Korea Gas Corporation and Mitsui & Co. won in 2008. As the consortium initiator, we brought together a compelling combination of LNG project experience, operational expertise, fundraising, and EPC capabilities to give the customer a superior solution that created a win-win deal for all parties. Other notable oil and gas projects that we have executed in recent years include major facilities at Ghana’s Tema Oil Refinery and a floating storage and offloading unit in the Middle East. Today, we continue to steadily upgrade and expand our project organizing capabilities to help companies and countries around the world build the industries and infrastructure they need to lead the way in the 21st century. Tema Oil Refinery, Ghana During the decade running from the early 1990s through the early 2000s, we worked with TOR on a variety of successful modernization, expansion, tankage, and pipeline projects. 20 In the world of business, sometimes you lead the way by following a well-traveled road. Other times, you do it by blazing a whole new trail. At Samsung C&T, we started out as a simple import and export business seven decades ago. Today, we are helping customers around the globe lead the way with creative, integrated business solutions. We are a rising energy and resource developer, exploring and tapping new products, delivering materials that ensure superior performance and value. And we are a world-class project organizer, providing specialized services and integrated solutions for the infrastructure that will drive tomorrow’s growth. While we have a lot to be proud of, we recognize that there is still a world of opportunities waiting for solutions. And as we move forward to deliver solutions that create greater value for our customers, you can be sure that we will also be leading the way to a more prosperous and abundant future around the globe. 22 Business Portfolio ≤ ways to power global growth in the decades ahead. We are a fast-growing supplier of high-grade carbon steel and precision stainless steel Trading & Investment Group Delivering excellence Energy & Resource Development ≤ Resource Development Oil, gas, minerals New & Renewable Energy Solar, biofuels, wind, fuel cells Energy Infrastructure Thermal and hydro plants, LNG distribution Resource Development New & Renewable Energy Energy Infrastructure We and Korea National Oil Corporation jointly own addition to trading in coal, minerals, and nonferrous We are aggressively expanding our operations in the currently operate two palm plantations in Indonesia We provide turnkey solutions for energy infrastruc- and operate five US oil and gas fields in the Gulf of metals, we continue to pursue mineral resource solar, biofuels, wind, and other fields as we seek new covering 24,000 hectares to fuel our biodiesel busi- ture, including power plants and their related facili- Mexico that produce 18,000 barrels of oil equivalent projects in strategic regions worldwide. We have growth and prepare for a future where traditional ness. • As global demand for energy continues to ties. In 2008, we won a consortium bid with Korea Gas per day. We also operate oil concessions in China’s identified resource development as one of our core energy resources are increasingly scarce. • Our grow, we will be ready to meet it in unique and cre- Corporation and Mitsui & Co. of Japan to build and Mahuangshan West block and Algeria’s Issaouane businesses going forward as we continue to play a solar business covers every aspect of the field from ative ways. Whether we are teaming up with world- operate an LNG receiving terminal in Manzanillo, block. • In the LNG field, we are participating in key role in ensuring that our customers have a stable basic photovoltaic materials and components to class energy specialists on promising projects, or Mexico. Under the BOO project terms, our consortium LNG projects in Qatar and Oman as well as partner- and secure supply of the resources and energy they turnkey power plants. We have established a subsid- building and operating privately financed plants, our will operate and maintain the terminal for a period of ing with global oil and gas majors on exploration need to survive and thrive in today’s global economy. iary in Greece, and we continue to pursue opportuni- goal is to give our customers a variety of options that 20 years commencing when the facility enters opera- ties to build and operate solar plants in Europe, will add sustainable value to their specific project. tion in 2011. projects in East Timor, Yemen, and Kazakhstan. In North America, and China. • In the biofuels field, we 24 25 Industrial Materials A More Global World View ≤ Iron & Steel Hot- and cold-rolled coil, stainless steel, steel service center operation, precision stainless steel production Electronic Materials Materials for semiconductors, displays, mobile phones, solar cells 26 Metals Nonferrous metals, rare metals, minerals, mine development Chemicals Petrochemicals, organic/inorganic/fine chemicals, plastics Iron & Steel In addition to handling the import, export, and Metals Electronic Materials Chemicals acquiring Myodo Metal of Japan, a leader in the field. We trade in nonferrous metals such as aluminum, We help deliver the advanced materials, technolo- We trade a full range of petrochemicals, organic and trilateral trade of hot-rolled, cold-rolled, and • We also operate a network of steel service centers electrolytic copper, zinc, and tin, industrial minerals gies, and manufacturing partnerships that drive inorganic chemicals, fine chemicals, and plastics. stainless steel products, our diversified business in China, Malaysia, and Slovakia to better meet the such as lithium and phosphate rock, and rare metals innovation in the semiconductor, display, and mobile Backed by extensive product and service expertise interests include steel service centers and a growing needs of local customers and rapidly changing such as molybdenum and nickel. We actively pursue phone industries. We are currently expanding our that spans a broad range of upstream and down- precision stainless steel production capability. • We markets as we continue to expand our global investments in mineral resources around the globe product lineup into the solar power and fuel cell stream fields, we continue to expand our production production and distribution network. with a special focus on increasingly scarce rare fields. Our goal in the solar business is to expand our capabilities and pursue investment opportunities in through our experience operating Romanian stainless metals. We are also acquiring material processing offerings from cells and modules to cover the entire new fields as we strategically grow our business port- steel producer Otelinox. In 2008, we significantly and recycling technologies as we work to expand our value chain from raw materials to finished products folio and enhance our position as a world-class upgraded our technical and production capabilities by presence across the entire metals value chain. through joint ventures and equity investments. chemicals supplier. got our start in the precision stainless steel field 27 Basic Materials & Machinery ≤ Textiles & Fashion Textile materials, textiles, fashion Machinery & Plants Oil and gas plants, machinery, transportation equipment and infrastructure, project organizing 28 Branded Consumer Products Storage media, PC accessories, batteries, lighting Machinery & Plants Basic Materials Construction materials, forestry products, foodstuffs Textiles & Fashion Branded Consumer Products Basic Materials We create total solutions for oil and gas plants, and value-added industrial machinery and parts. We We are adding value to these traditional industries We are leveraging our global network, logistics, Commodities and foodstuffs have been core parts of infrastructure projects, and communications also continue to reinforce our credentials as a world- with a strong emphasis on branded products. financing, and marketing capabilities to aggressively our trading business from the very beginning. Today, networks. Our comprehensive, one-stop consulting, class project developer by expanding our portfolio into Building on our global success with the FUBU hip- pursue opportunities in the consumer product space our portfolio includes finished goods such as paper, EPC contracting, financing, investment, r����������� isk manage- new fields such as information technology, new and hop fashion brand, we have steadily expanded our in America, Europe, Russia, and other major global tires, and sugar as well as basic materials such as ment, off-take, and operation and maintenance ser- renewable energy, environmental facilities, and Kyoto portfolio with the Coogi, BB Dakota, and True markets. Our current product lineup includes textile materials and latex. We are now pursuing vices ensure that we deliver superior solutions that Protocol Clean Development Mechanism (CDM) Religion fashion brands as well as Caravel textiles. Pleomax storage media, PC accessories, batteries, business opportunities in the processing and are a “win” for all parties. • We also offer advanced projects. We are always on the lookout for new partners with and lighting. manufacturing fields that will help us attain self- solutions in a variety of other fields. We deal in ships outstanding designs or technology that we can team sufficiency in essential product categories as well as and offshore platforms, energy-saving equipment, up with to create global brands. provide eco-friendly alternatives to the marketplace. 29 Engineering & Construction Group Building excellence Engineering & Construction ≤ Commercial Construction High-rise buildings, commercial buildings, semiconductor plants, medical facilities, airports, hotels, leisure facilities Civil Works Roads, ports, bridges, tunnels, railways, dams, industrial complexes 30 Plant Construction Power plants, industrial facilities, environmental facilities Residential Construction Apartments, mixed-use residential developments Commercial Construction Plant Construction Civil Works A stellar construction and project management Burj Dubai, the world’s new tallest-building record We build nuclear and thermal power plants, petro- We keep nations on the move with world-class bridges, built the privately-financed Busan New Port project, the record on the world’s tallest buildings is why we are holder in the UAE. Beyond these landmark projects, chemical and fuel storage, and industrial plants of all tunnels, highways, railroads, subway lines, seaports, nation’s largest seaport, and Incheon Grand Bridge, the considered the global leader in ultra-high-rise we are well-versed in constructing the full spectrum kinds. Our engineering, procurement, and construction airports, and dams. Our experience and expertise nation’s longest and world’s fifth-longest bridge sched- building construction. We handled the structural and of commercial, mixed-use, cultural and educational, services cover every project aspect from design to com- spans virtually all fields of infrastructure, enabling us uled to open in late 2009. • We have also demon- exterior finish work on Petronas Tower II in Kuala and special-purpose facilities. We pride ourselves on missioning as well as ongoing maintenance and to execute some of the world’s largest and most inno- strated our capabilities on a growing number of major Lumpur and the exterior finish work on Taipei 101 consistently building the industry’s most space- and repairs. Our international résumé includes power vative projects. • In our home market of Korea, we infrastructure projects across Southeast Asia and the Tower in Taiwan, the world’s previous tallest cost-efficient structures in record time. plants in Singapore and Indonesia as well as multiple built Yeongjong Grand Bridge, the world’s longest self- Middle East, including the challenging Port of buildings, respectively. And now we have taken the projects at the Formosa Petroleum Refining & anchored suspension bridge and the first to use three- Singapore and Singapore Deep Tunnel Sewerage industry even higher as the prime contractor for the Petrochemical Complex in Taiwan. dimensional air-spinning for the cable work. We also System projects. 31 Social Commitment & About Samsung ≤ Residential Construction When we build apartments, our goal is not to simply construction methods to create eco-friendly spaces uncompromising commitment to quality. In addition to satisfy our customers. We want to exceed their expecta- designed for today’s and tomorrow’s lifestyles. Our adopting stringent quality control measures throughout tions in every way. Backed by product innovation, Raemian apartment brand is a prime example of this, the construction process, we employ outside contrac- strategic marketing, and customer communications, topping Korea’s National Customer Satisfaction Index tors to perform meticulous pre-occupancy inspections this philosophy of excellence has put us firmly at the for over a decade now. • While the strong customer on all our projects to ensure that each customer’s first forefront of Korea’s residential construction market. • relationships and loyalty we have built through active impression of their new home is a truly lasting one. Guided by the concepts of ubiquitous networking, origi- marketing and customer-appreciation events have nality, and eco-friendliness, we are continuously devel- played a key role in our success over the years, we oping and applying cutting-edge technologies and believe that our success ultimately comes from our 32 Social Commitment At Samsung C&T, our commitment to the common good and human values guides us as we ceaselessly work to make local communities better places for all to live. As one of Korea’s leading companies, we also play a key role in introducing the “Land of the Morning Calm” to the world. Our worldwide presence through our global network enables us to share Korean history and culture through a wide range of projects. 34 Community Service We are proud to be a leader in promoting community service wherever we do business, fostering a culture of volunteer service that is both active and pervasive. Many of our employees are involved in visiting, serving, and supporting the disabled, the elderly, and the orphaned. We have 40 teams of volunteers that regularly put their construction and maintenance skills to work by fixing roofs, restrooms, water heaters, lighting, and other problems for needy households and organizations. And our “Good Will Account” matching grant program doubles contributions employees make to charities and non-profit service organizations. We are also involved in a wide range of partnerships to help make local communities a better place for all. We coordinate with military bases to provide morale and welfare activities for servicemen and women. We help farming villages make the changes that will enable them survive and thrive. We work with schools to ensure that no child goes hungry at lunchtime. We partner with Habitat for Humanity International, providing technical specialists as well as financial support and manpower to help build decent homes for those in poverty. And we also stand at the ready to help in the event of man-made and natural disasters, providing both equipment and manpower for recovery and restoration projects. Environmental preservation is another area that is dear to us. Since 1995, we have participated in Korea’s “One Company, One Mountain” and “One Company, One Stream” projects as part of our commitment to environmental sustainability. In the early 1990s, we reviewed 153 history textbooks from around the world acquired through our global network. This led to the July 1991 publishing of “Warped History and Erroneous Facts”, a volume which highlighted the over 300 inaccuracies found during the project. Another historically significant project we undertook during the 1990s was the restoration of the building that housed the Korean provisional government in Shanghai, China from 1919 to 1945 during the nation’s occupation by the Japanese. Completed in 1993, the project has won praise for fostering a spirit of independence, patriotism, and appreciation of Korea’s rich historical heritage. Over the years, we have also sought Cultural Projects to identify Korean historical and cultural As a firm engaged in the business of artifacts around the world. In 1994, we global trade, we are in constant contact published “Inventory of Joseon Historic with people of virtually all nationalities. Sites in China” featuring more than Through these contacts, we have found 1,380 objects identified through our re- that there are all too many misunder- search efforts in China. standings and preconceptions regarding Korea and Koreans. 35 About Samsung The Samsung story began with the group began a new era with the an- mission, its future as a global group of founding of Samsung Sanghoe (currently nouncement of the “New Management” blue-chip companies dedicated to lead- Samsung C&T Corporation) back in initiative. Focusing on fundamental ing the way in their respective business- 1938. Following the end of World War II, change and quality-driven manage- es is certain to shine even brighter. the company was renamed Samsung ment, the initiative laid the foundation Corporation in 1948 as it entered the for Samsung’s ascent into the ranks of business of international trade in ear- the world’s top conglomerates over the nest. Following the Korean War, Cheil rest of the decade. Industries and Cheil Jedang were found- With the advent of the 21st century, ed to produce textiles and sugar, respec- Samsung’s focus has shifted to the tively, heralding the dawn of Korea’s in- themes of sustainability and social re- dustrial modernization and the begin- sponsibility, areas that are becoming in- ning of the end of the nation’s reliance creasingly important to every company on imports for basic consumer goods. with global aspirations. But even as the Samsung entered the electronics in- themes of management change with dustry in the late 1960s, adding chemi- the times, the one thing that has re- cals, machinery, and semiconductors mained consistent is the group’s mis- during the 1970s. In 1983, Samsung sion statement—“We will devote our hu- Electronics developed the world’s first man resources and technology to create 64-kilobit DRAM chip, seizing the lead in superior products and services, thereby the global memory industry that it con- contributing to a better global society.” tinues to hold today as Korea’s most fa- It is a mission that is now guiding the mous multinational company. group as it strives to take its competi- Tracing its roots back to the founding of Samsung Sanghoe (Samsung Trading Company) in 1938, the Samsung In addition to expansion and innova- tiveness to the next level through glo- Group is today Korea’s largest conglomerate with interests in trade, textiles, electronics, chemicals, finance, and tion, global-minded management also balization, IT-based reorganization, and numerous other fields. A major engine behind Korea’s remarkable economic growth over the past 50 years, played a key role in Samsung’s emerg- m u l t i fa c e t e d i n t e g r a t i o n . A n d a s Samsung is today a global brand that rivals the world’s best in delivering quality products and services. ing global competitiveness. In 1993, the Samsung actively lives and shares this 36 Electronics Industries Samsung Electronics Samsung Electro-Mechanics Samsung SDI Samsung Corning Precision Glass Samsung SDS Samsung Networks Samsung Techwin Samsung Mobile Display Samsung Digital Imaging Chemical Industries Samsung Total Petrochemicals Samsung Petrochemicals Samsung Fine Chemicals Samsung BP Chemicals Machinery & Heavy Industries Samsung Heavy Industries Financial Services Samsung Life Insurance Samsung Fire & Marine Insurance Samsung Card Samsung Securities Samsung Investment Trust Management Samsung Venture Investment Affiliated Companies Other Affiliated Companies Samsung C&T Samsung Engineering Cheil Industries Samsung Everland The Shilla Hotels & Resorts Cheil Worldwide S1 Corporation Samsung Medical Center Samsung Human Resources Development Center Samsung Economic Research Institute Samsung Lions Samsung Foundation of Culture Samsung Welfare Foundation Samsung Life Public Welfare Foundation 37 Financial Statements Non-Consolidated Balance Sheets Assets Current assets Cash and cash equivalents Short-term instruments Accounts receivable, net of allowance for doubtful accounts and present value discounts Inventories, net of valuation allowance Advance payments, net of allowance for doubtful accounts Prepaid expenses Current portion of deferred income tax assets Guarantee deposits and other current assets Total current assets Property, plant and equipment, including revalued portion, net of accumulated depreciation Long-term available-for-sale securities Equity-method investments Long-term receivables, net of allowance for doubtful accounts and present value discounts Intangible assets, net Long-term deposits and other assets, net Total assets Liabilities and Shareholders' Equity Current liabilities Accounts payable Short-term borrowings Current portion of long-term debts Advances received Accrued expenses Withholdings Other current liabilities Total current liabilities Long-term debts, net of current portion Accrued severance benefits, net Deferred income tax liabilities Other liabilities Total liabilities Commitments and contingencies 38 Non-Consolidated Balance Sheets December 31, 2008 and 2007 2008 U.S. dollars in thousands 2007 US$927,527 80,626 US$469,252 7,952 1,888,959 258,835 1,585,796 126,503 197,098 326,453 7,835 270,463 3,957,796 136,253 259,411 23,631 201,564 2,810,362 507,634 2,731,611 1,283,694 487,512 3,296,474 870,784 339,576 28,053 117,223 $8,965,587 289,279 32,987 108,495 $7,895,893 US$1,405,794 645,523 82,061 1,194,214 125,184 70,431 80,759 3,603,966 814,271 55,528 512,555 86,294 $5,072,614 US$1,499,468 50,733 82,528 883,187 135,916 41,414 110,664 2,803,910 346,044 46,914 742,168 53,744 $3,992,780 December 31, 2008 and 2007 U.S. dollars in thousands 2008 Shareholders' equity Capital stock Common stock US$621,144 Preferred stock 18,484 Capital surplus 796,577 Capital adjustments, net (257,089) Accumulated other comprehensive income, net 1,717,407 Retained earnings 996,450 Total shareholders' equity 3,892,973 Total liabilities and shareholders’ equity $8,965,587 2007 Non-Consolidated Statements of Income Year Ended December 31, 2008 and 2007 2008 Sales US$9,392,916 Cost of sales 8,471,073 Gross profit 921,843 Selling and administrative expenses 632,299 Operating income 289,544 Non-operating income Interest and dividend income 107,255 Foreign exchange gains 271,224 Gain on foreign currency translation 180,832 Gain on valuation of equity-method investments 61,120 Gain on disposal of investments 23,678 Others 38,063 682,172 Non-operating expenses Interest expense 53,019 Foreign exchange losses 313,836 Loss on foreign currency translation 156,742 Loss on valuation of equity-method investments 17,412 Loss on impairment of assets - Loss on disposal of investments 1,261 Others 78,714 620,984 Income from continuing operations before income tax 350,732 (76,265) Income tax expense Income from continuing operations 274,265 Income from discontinued operations, net - Net income $274,467 US$621,144 18,484 802,081 (165,091) 1,844,047 782,448 3,903,113 $7,895,893 U.S. dollars in thousands 2007 US$7,738,348 6,983,621 754,727 529,959 224,768 105,573 58,944 17,802 108,369 60,444 14,102 365,234 41,919 109,316 15,358 3,714 7,293 4,912 27,112 209,624 380,378 (111,958) 268,420 119,023 $387,443 37 39 Frankfurt Samsung Deutschland GmbH Am Kronberger Hang 6, 65824 Schwalbach am Taunus, Germany Tel: 49-6196-66-5700 www.SamsungDeutschland.com www.mSamsung.de Sofia Samsung Deutschland GmbH Sofia Office World Trade Center, Office 701b 36 Dragan Tzankov Blvd. 1057 Sofia, Bulgaria Tel: 359-2-969-5013 Istanbul Samsung Deutschland GmbH Istanbul Office Buyukdere Cad. No. 122 Ozsenzen Is Merkezi Kat. 6/A 34394, Esentepe, Istanbul, Turkey Tel: 90-212-216-0877 Warsaw Samsung Deutschland GmbH Warsaw Office Przedstawicielstwo W Polsce Zepter Business Center Ul. Domaniewska 37 02-672 Warszawa, Poland Tel: 48-22-621-5961 Madrid Samsung Deutschland GmbH Sucursal En Espana Avenida De La Vega 1 Edificio Veganova 1-4 28108 Alcobendas (Madrid), Spain Tel: 34-91-484-0511 With deep commitment, relentless drive, and unshakeable courage, we will lead the way. Through superior technology, vast experience and know-how, and an extensive global network, we will make dreams come true. Tomorrow, we will lead the way as a global integrated business solution provider and general engineering and construction company. Join us as we lead the way to a brighter future. Almaty Representative Office of Samsung Deutschland GmbH in Republic of Kazakhstan Al-Farabi Ave. 19, Business Center 'Nurly Tau' 2a, No. 602 Almaty, 050059, Republic of Kazakhstan Tel: 7-727-311-0661 Budapest Samsung Deutschland GmbH Budapest Office Budapest Iroda Arpad Center H-1133 Budapest, Arboc U.6, Hungary Tel: 36-1-450-1626/7 Prague Samsung Deutschland GmbH Praha Office Vaclavske Namesti 66/808 110 00 Praha 1, Czech Republic Tel: 420-2-5731-4400 Samsung C&T Corporation Samsung C&T Corporation Bldg. Shanghai 1321-20, Seocho-2-dong Samsung C&T Corporation Shanghai Office Seocho-gu, Seoul 137-857, Korea Rm. 905, Shanghai International Trading Center Tel: 82-2-2145-2114 No. 2201, Yannan Road, Shanghai, China Tel: 86-21-6275-4877 Fax: 82-2-2145-3114 www.SamsungCnT.com Beijing CHINA EUROPE & CIS London Samsung U.K. Ltd. Samsung House, 3 Riverbank Way Great West Road, Brentford London TW8 9RE, U.K. Tel: 44-20-8232-3201 www.SamsungUK.com Rotterdam Samsung Pleomax Europe Rivium Blvd. 301 Nl-2909lk Capelle A/D Ijssel, The Netherlands Tel: 31-10-283-9679 Paris Samsung France S.A.S. B.P. 51 Tour Maine Montparnasse 33 Ave. Du Maine, 75755 Paris Cedex 15, France Tel: 33-1-4279-2201 Lormaison Cp. Inox S.A.S. Parc D'activites de la Reine Blanche, 60110 Lormaison, France Tel: 33-3-4452-4291 Milan Samsung Italia S.R.L. Via Carducci 125/A 20099 Sesto San Giovanni (Mi), Italy Tel: 39-02-262-914-201 Moscow Moscow Representative Office of Samsung Deutschland GmbH Severnoe Siyanie Business Center Office No. 201, 2nd Floor 26 Pravdy Street Moscow 125040, Russia Tel: 7-495-797-2535 Krasnoyarsk Representative Office of Samsung C&T Corporation in Siberian Region P. Zheleznyaka St. 6a, Office 49 Krasnoyarsk 660022, Russia Tel: 7-3912-653269 Kiev Representative Office of Samsung C&T Corporation in Kiev 11, Bulvar Lesi Ukrainki Office 54, Kiev 01133, Ukraine Tel: 380-44-451-4032 Targoviste S.C. Otelinox S.A. Gaesti Street No. 16 Targoviste 130087, Romania Tel: 40-245-209-103 Bucharest Samsung Deutschland GmbH Bucharest Office World Trade Center 10 Montreal Square Rm. No. 1.06 Bis 1st Fl. Entrance D, Sector 1 Bucharest, Romania Tel: 40-215-295-577 Voderady Poss-Slpc S.R.O. Priemyselny Park Hansol 919 42 Voderady, Slovakia Tel: 421-033-591-3120 Samsung C&T Corporation Beijing Office 24th Fl. China Merchants Tower Published by No. 118 Jianguo Road, Chaoyang District Samsung C&T Corporation Beijing, China Tel: 86-10-6566-8100(5000) Produced by Cheil Communications Beijing Samsung Logistics (Tianjin)by Ltd. Directed Beijing Branch Inca Communications No. 20 Tianzhu Road Area A Tianzhu Airport Industrial Zone by Photographed Beijing, China Leem Jun-bin Tel: 86-10-8041-8320 Written by Dalian Kevin Newhart Samsung C&T Corporation Dalian Office Created by 17th Fl., Senmao Bldg. Image & Imagination 147 Zhongshan Road Xigang District, Dailian, China Printed by Tel: 86-411-8360-7700 Haein Printing Dongguan Dongguan Samsung Steel Center Co., Ltd. 2 Fumin Industrial Park Dalang, Dongguan, Guangdong, China Tel: 86-769-8112-9222 Foshan Guangdong Xingpu Steel Center Co., Ltd. 2 Lingangnan Road, Industrial Park Beijiao, Shunde, Foshan, China Tel: 86-757-2633-0425 Global Network ASIA TOKYO Samsung Japan Corporation 17th Fl., Roppongi T-Cube 3-1-1, Roppongi, Minato-ku Tokyo, Japan Tel: 81-3-6234-2650 Osaka Samsung Japan Corporation Osaka Branch 6th Fl., Crystal Tower, 1-2-27 Shiromi, Chuo-ku, Osaka, Japan Tel: 81-6-6949-3579 Niigata Myodo Metal Co., Ltd. 5025 Tsubame, Tsubame-si Niigata, Japan Tel: 81-256-66-6000 Singapore Samsung Singapore Pte., Ltd. 3 Church Street, #21-02 Samsung Hub Bldg, Singapore Tel: 65-6550-8300 Kuala Lumpur Samsung (Malaysia) Sdn., Bhd. 1404, Kenanga International Jalan Sultan Ismail 50250 Kuala Lumpur, Malaysia Tel: 60-3-2161-6497 Klang Selangor Mssc (M) Sdn., Bhd. Pt 17244, 4th Mile Jalan Sekolah Off Jalan Kapar 42100 Rantau Panjang Klang Selangor, Malaysia Tel: 60-3-3291-4342 NORTH AMERICA SOUTH AMERICA MIDDLE EAST AFRICA Lagos Samsung (Nigeria) Co., Ltd. Amazing Grace Plaza 2nd Floor Plot 2e-4e, Ligali Ayorinde Street Victoria Island, Lagos, Nigeria Tel: 234-1-461-0439 (6215) Jakatra Samsung C&T Corporation Jakarta Office 7th Fl., Menara Kebon Sirih Suite 703, Jl. Kebon Sirih No. 17-19 Jakarta, Indonesia Tel: 62-21-3983-7001 Hanoi Samsung C&T Corporation Hanoi Office Rm 406, Pacific Place 83b Ly Thoung Kiet Street Hanoi, Vietnam Tel: 84-4-946-1407 New York Samsung America Inc. 105 Challenger Road Ridgefield Park, NJ 07660, U.S.A. Tel: 1-201-229-5001 www.samsungamerica.com Mexico City Samsung America Inc. Oficina de Representacion En Mexico Sierra Candela No. 111, Suite 416, Col, Lomas de Chapultepec C.P. 11000 México, D.F. Tel: 52-55-5985-5901 Dubai Samsung C&T Corporation Dubai Office No. 308, Al-Dana Bldg. Al-Maktoum Street P.O. Box 4246, Dubai, U.A.E. Tel: 971-4-222-9634 Pekanbaru Samsung & Ganda Pte., Ltd. Jl. Putri Indah No. 3 Pekanbaru Riau, Indonesia Tel: 62-811-984-4153 Yangon Samsung C&T Corporation Yangon Office 5th Fl, Dagon Center 262-264 Pyay Road Sanchaung Township Yangon, Myanmar Tel: 95-9-513-878/512-581 Los Angeles Samsung America Inc. L.A. Office 14251, East Firestone Blvd La Mirada, CA 90638, U.S.A. Tel: 1-562-802-2211 www.SAI.Samsung.com Mazanillo Terminal Kms de Gnl, S. de R.L. de C.V. Monte Pelvoux No. 220, 1er. Piso Col. Lomas de Chapultepec C.P. 11000 México, D.F. Tel: 52-1-55-5284-0538 Tehran Samsung C&T Corporation Tehran Office 3rd Fl., No. 1 Parvin Alley Valiasr Avenue, Tehran, Iran Tel: 98-21-2204-2106 Sao Paulo Samsung do Brasil S/S Ltda Av. Das Nacoes Unidas 12901 Torre Oeste 6° Andar-Brooklin Paulista Cep 04578-910, Sao Paulo S.P., Brasil Tel: 55-11-5105-5000 Riyadh Samsung C&T Corporation Riyadh Office Al Rosais Center, 7th Floor Office No. 706, Olaya Street P.O. Box 69635 Riyadh 11557, Saudi Arabia Tel: 966-1-462-7641 Bangkok Samsung (Thailand) Co., Ltd. 21st Fl., Lake Rajada Office Complex 193/90 Rachadapisek Road Khet Klongtoey, Bangkok, Thailand Tel: 66-2-264-0527 Manila Samsung C&T Corporation Manila Regional Office 1231 2nd Fl., Solid House Bldg. 2285 Pasong Tamo Extention Makati, Metro Manila, Philippines Tel: 63-2-815-2937 Ho chi minh Samsung C&T Corporation Ho Chi Minh Office Rm 701, Diamond Plaza Bldg. 34 Le Duan Street, District 1 Ho Chi Minh, Vietnam Tel: 84-8-823-1135 New Delhi Samsung C&T Corporation New Delhi Office C-2, 2nd Floor Mira Corporate Suites Plot# 1&2 Old Ishwar Nagar New Delhi 110 065, India Tel: 91-11-4655-9000 Mumbai Samsung E&C India Pvt., Ltd. Unit No. 2, 5th Floor, Building No. 5 Solitaire Corporate Park Andheri-Ghatkopar Link Road Chakala, Andheri (East) Mumbai 400 09, India Tel: 91-22-6141-8300 Houston Samsung America Inc. Houston Office 5847 San Felipe Street Suite No. 1500 Houston, TX 77057, U.S.A. Tel: 1-713-953-9700 (11) Santiago Samsung America Inc. Santiago Rosario Norte 555 Of. 602, Edificio Neruda Las Condes, Santiago, Chile Tel: 56-2-570-3256 Panama Samsung America Inc. Panama Plaza Credicorp Bank Panama Piso 4, Calle 50, No. 120 Panama City, Republic of Panama Tel: 507-210-1588 Bogota Samsung America Inc. Bogota No. 513, Tower B Teleport Business Park Bldg. 114th St., No. 9-45 Santafé de Bogoté Tel: 57-1-629-2535 Algiers Samsung C&T Corporation Algiers Office 16000 01, Chemin Aek Gadouche 16000, Hydra, Algeries, Algeria Tel: 213-21-59-1030 Accra Samsung C&T Corporation Accra Office No. 40, Senchi Street Airport Residential Area Upo Legon Pmb L2, Accra, Ghana Tel: 233-21-771551 Johannesburg Samsung C&T Corporation Johannesburg Office 16th Fl., Office Tower Sandton City 2146, South Africa Tel:27-11-884-8746 Luanda Samsung C&T Corporation Luanda Office Edificio Monumental 11-A Rua Major Kanhangulo 290 Luanda, Angola Tel: 244-222-333-126 Lobito Lobinave - Estaleiro Naval do Lobito, Limitada Lobito Velho, Lobito Angola, C.P. 480 Tel: 244-272-22-3003/3004 CHINA EUROPE & CIS Frankfurt Samsung Deutschland GmbH Am Kronberger Hang 6, 65824 Schwalbach am Taunus, Germany Tel: 49-6196-66-5700 www.SamsungDeutschland.com www.mSamsung.de Sofia Samsung Deutschland GmbH Sofia Office World Trade Center, Office 701b 36 Dragan Tzankov Blvd. 1057 Sofia, Bulgaria Tel: 359-2-969-5013 Istanbul Samsung Deutschland GmbH Istanbul Office Buyukdere Cad. No. 122 Ozsenzen Is Merkezi Kat. 6/A 34394, Esentepe, Istanbul, Turkey Tel: 90-212-216-0877 Warsaw Samsung Deutschland GmbH Warsaw Office Przedstawicielstwo W Polsce Zepter Business Center Ul. Domaniewska 37 02-672 Warszawa, Poland Tel: 48-22-621-5961 Madrid Samsung Deutschland GmbH Sucursal En Espana Avenida De La Vega 1 Edificio Veganova 1-4 28108 Alcobendas (Madrid), Spain Tel: 34-91-484-0511 Almaty Representative Office of Samsung Deutschland GmbH in Republic of Kazakhstan Al-Farabi Ave. 19, Business Center 'Nurly Tau' 2a, No. 602 Almaty, 050059, Republic of Kazakhstan Tel: 7-727-311-0661 Budapest Samsung Deutschland GmbH Budapest Office Budapest Iroda Arpad Center H-1133 Budapest, Arboc U.6, Hungary Tel: 36-1-450-1626/7 Prague Samsung Deutschland GmbH Praha Office Vaclavske Namesti 66/808 110 00 Praha 1, Czech Republic Tel: 420-2-5731-4400 London Samsung U.K. Ltd. Samsung House, 3 Riverbank Way Great West Road, Brentford London TW8 9RE, U.K. Tel: 44-20-8232-3201 www.SamsungUK.com Rotterdam Samsung Pleomax Europe Rivium Blvd. 301 Nl-2909lk Capelle A/D Ijssel, The Netherlands Tel: 31-10-283-9679 Paris Samsung France S.A.S. B.P. 51 Tour Maine Montparnasse 33 Ave. Du Maine, 75755 Paris Cedex 15, France Tel: 33-1-4279-2201 Lormaison Cp. Inox S.A.S. Parc D'activites de la Reine Blanche, 60110 Lormaison, France Tel: 33-3-4452-4291 Milan Samsung Italia S.R.L. Via Carducci 125/A 20099 Sesto San Giovanni (Mi), Italy Tel: 39-02-262-914-201 Moscow Moscow Representative Office of Samsung Deutschland GmbH Severnoe Siyanie Business Center Office No. 201, 2nd Floor 26 Pravdy Street Moscow 125040, Russia Tel: 7-495-797-2535 Krasnoyarsk Representative Office of Samsung C&T Corporation in Siberian Region P. Zheleznyaka St. 6a, Office 49 Krasnoyarsk 660022, Russia Tel: 7-3912-653269 Kiev Representative Office of Samsung C&T Corporation in Kiev 11, Bulvar Lesi Ukrainki Office 54, Kiev 01133, Ukraine Tel: 380-44-451-4032 Targoviste S.C. Otelinox S.A. Gaesti Street No. 16 Targoviste 130087, Romania Tel: 40-245-209-103 Bucharest Samsung Deutschland GmbH Bucharest Office World Trade Center 10 Montreal Square Rm. No. 1.06 Bis 1st Fl. Entrance D, Sector 1 Bucharest, Romania Tel: 40-215-295-577 Voderady Poss-Slpc S.R.O. Priemyselny Park Hansol 919 42 Voderady, Slovakia Tel: 421-033-591-3120 Shanghai Samsung C&T Corporation Shanghai Office Rm. 905, Shanghai International Trading Center No. 2201, Yannan Road, Shanghai, China Tel: 86-21-6275-4877 Beijing Samsung C&T Corporation Beijing Office 24th Fl. China Merchants Tower No. 118 Jianguo Road, Chaoyang District Beijing, China Tel: 86-10-6566-8100(5000) Beijing Samsung Logistics (Tianjin) Ltd. Beijing Branch No. 20 Tianzhu Road Area A Tianzhu Airport Industrial Zone Beijing, China Tel: 86-10-8041-8320 Dalian Samsung C&T Corporation Dalian Office 17th Fl., Senmao Bldg. 147 Zhongshan Road Xigang District, Dailian, China Tel: 86-411-8360-7700 Dongguan Dongguan Samsung Steel Center Co., Ltd. 2 Fumin Industrial Park Dalang, Dongguan, Guangdong, China Tel: 86-769-8112-9222 Foshan Guangdong Xingpu Steel Center Co., Ltd. 2 Lingangnan Road, Industrial Park Beijiao, Shunde, Foshan, China Tel: 86-757-2633-0425 Guangzhou Samsung C&T Corporation Guangzhou Office Units 4605-4606, Office Tower Citic Plaza, No. 233 Tianhebei Road Guangzhou, China Tel: 86-20-3891-1281(210) Suzhou Posco-Samsung Suzhou Processing Center Co., Ltd. 168 Shenxu Road, Suzhou Industrial Park Suzhou, Jiangsu, China Tel: 86-512-6289-0903(8001) Hong kong Samsung Hong Kong Limited 8th Fl., Central Plaza 18 Harbour Road Wanchai, Hong Kong, China Tel: 852-2862-6011 Tianjin Samsung (Tianjin) International Trading Co., Ltd. Rm. 2005, Tianxin Bldg. Weidi Road No. 125 Hexi District, Tianjin, China Tel: 86-10-6566-8100(5000) Pinghu Samsung Precision Stainless Steel (Pinghu) Co., Ltd. No. 2318, Xinmin Road Pinghu, Zhejiang, China Tel: 86-573-8507-7660 Xiamen Samsung C&T Corporation Xiamen Office Unit 1202, The Bank Center 189 Xiahe Road, Xiamen, China Tel: 86-592-5162-988 Qingdao Samsung C&T Corporation Qingdao Office Rm. 1201~1208 Crowne Plaza Hotel Qingdao 76 Xianggangzhong Road Qingdao, China Tel: 86-532-8575-6095 Yinchuan Ningxia Knoc Samaung Lantian Oil Dev. Co., Ltd. Rm. 1412, Xldl Office Bldg., No. 2 Jiefang Road, Yinchuan, Ningxia, China Tel: 86-951-603-6530 Shantou Samsung C&T Corporation Shantou Office Unit C 1, 23rd Fl., Block A Shantou International Commercial Plaza Jinshadong Road, Shantou, China Tel: 86-754-8816-7633 Shenzhen Samsung C&T Corporation Shenzhen Office Rm. 1501, Excellence Times Square 4068 Yitian Road, Futian District Shenzhen, China Tel: 86-755-2399-5644 Taipei Samsung Taiwan Corporation Rm. 2203, International Trade Bldg. No. 333 Keelung Road, Sec. 1 Taipei, Taiwan Tel: 886-2-2728-8510 www.Samsung-Taiwan.com.tw Ulaanbaatar Erdsam International Co., Ltd. No. 65, 6th Fl., Grand Office Center Jamyan Gun St. 12, Sukhbaatar District Ulaanbaatar, Mongolia Tel: 976-11-314-564 Samsung C&T Corporation Samsung C&T Corporation Bldg. 1321-20, Seocho-2-dong Seocho-gu, Seoul 137-857, Korea Tel: 82-2-2145-2114 Fax: 82-2-2145-3114 www.SamsungCnT.com