Friday, 29 November 2013 19:20

Samsung invest $14 billion in marketing

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One of the factors that has brought Samsung to where it is today, is without a doubt marketing, and Korean manufacturer has spent quite the amount on it.

Specifically, as reported by Reuters, it is expected that Samsung will spend this year on marketing activities for its consumer electronics devices as much as 14 billion dollars. This amount represents 5.4% of the company's total revenue, while in comparison to Apple's marketing onwhich they spend only 0.6% of revenue. Samsung with this share topped the charts of 20 of the world's richest companies.

According to the words that are coming from Samsung's representatives, the stake is very much worth it, since the company has become by far the largest producer of smartphones, as well as ordinary mobile phones.

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Read 1931 times Last modified on Friday, 29 November 2013 19:25

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