Samsung Electronics Co., Ltd. (Korean: , Hanja: , RR: Samseong Jeonja, lit. 'tristar electronics', sometimes shortened to SEC and stylized as SMSUNG) is a South Korean multinational electronics corporation headquartered in the Yeongtong District of Suwon. It is the pinnacle of the Samsung chaebol, accounting for 70% of the group's revenue in 2012. Samsung Electronics has played a key role in the group's corporate governance due to circular ownership. Samsung Electronics has assembly plants and sales networks in 74 countries and employs around 290, 000 people. It is majority-owned by foreign investors. It is the world's largest manufacturer of consumer electronics by revenue. As of 2019, Samsung Electronics is the world's second largest technology company by revenue, and its market capitalization stood at US$520. 65 billion, the 12th largest in the world. Samsung is a major manufacturer of electronic components such as lithium-ion batteries, semiconductors, image sensors, camera modules and displays for clients such as Apple, Sony, HTC and Nokia. It is the world's largest manufacturer of mobile phones and smartphones, started with the original Samsung Solstice and later, the popularity of its Samsung Galaxy line of devices.
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