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Then there's Samsung, I think they're the largest conglomerate in the world. My mom would affiliate Samsung with TVs. I'd probably put them with computer monit
by Segmentation 13y ago
Then there's Samsung, I think they're the largest conglomerate in the world.
My mom would affiliate Samsung with TVs. I'd probably put them with computer monitors and phones.
They also build skyscrapers and power plants (Samsung C&T Corporation), and ships (Samsung Heavy Industries). They also sell Life Insurance in South Korea.
- gms 13y agoIndeed. Their revenues account for 22% of South Korea's GDP.
- sjtgraham 13y agoYamaha: musical instruments, motorcycles, outboard motorboat engines…
- baddox 13y agoWestinghouse: TVs and nuclear reactors. (Really, that's two separate companies which license the brand from http://en.wikipedia.org/wiki/Westinghouse_Licensing_Corporation. http://en.wikipedia.org/wiki/Westinghouse_Licensing_Corporat...)
- soneca 13y agoI am not from India, so someone can confirm or deny this, but I hear one can pass a whole day on India just consuming Tata products: from your car, to your food, to your clothes, etc.
- avemuri 13y agoClose. As in it's possible, but they don't have dominant market share in many of the industries they have a presence in. Another conglomerate - Reliance - is also in that conversation.
- avemuri 13y agoBy market cap, I think it's GE. Depends on how you define conglomerate, but they're pretty diverse - financial services, plastics, aircraft engines, consumer goods...
- adventured 13y agoThis is correct. GE has been considered a conglomerate for nearly a century now. GE sports a $276 billion market cap, Samsung is at $194 billion. I'll say however, that Samsung appears vastly undervalued. GE is trading at about 20 times earnings, Samsung is trading at 20 times just its last quarter alone (and around 5 or 6 times trailing four quarters). Also worth noting, that despite being more profitable than Apple, Samsung trades at a 60% discount to AAPL.
- yapcguy 13y agoIn Hong Kong, Asia's richest billionaire, Mr Li Ka-Shing of Cheung Kong Holdings, owns nearly everything. Anything you do or touch in a day makes Mr Li even richer. His wealth is opaque so he is probably right up there with Bill Gates and Carlos Slim for the #1 spot.
- e12e 13y agoDon't forget Mitsubishi.