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Samsung supersedes HP, becomes the world’s largest technology company

January 29th, 2010 | No Comments | Posted in Business

The Korean giant Samsung finally becomes the world’s largest technology company. Previous crown holder was Hewlett Packard which made $114.6 billion in revenues this year. In comparison to that, Samsung made $117.8 billion for the same period. Analysts believe this happened mostly because of Samsung’s continued success in selling LCD TVs, digital cameras and memory chips. The company’s massive presence in this year’s CES was also one more evidence.

Although almost all divisions of Samsung did well, the only sector which fell short was the company’s mobile phone market.

[source: cnn.com]

 

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