{"entity":{"id":8899,"slug":"samsung-electronics","name":"Samsung Electronics","type":"company","role":"Major customer of HPSP semiconductor equipment","description":null,"imageUrl":null,"createdAt":"2026-04-15T07:46:23.808Z","updatedAt":"2026-05-19T09:24:53.365Z"},"electedOffice":null,"significance":{"score":8.8,"components":{"totalFindings":0,"connectionDegree":4.8,"recentFindings90d":0,"activeResearchJobs":0,"goblinAttributions":4,"recentSyntheses90d":0,"moneyFlowChainsTotal":0,"closedLoopMemberships":0,"moneyFlowHopsRecent90d":0},"computedAt":"2026-10-16T01:34:31.424Z"},"facts":[{"id":34597,"text":"Samsung Electronics faces a separate tax dispute with Mexico's Tax Administration Service (SAT) exceeding MX$300 billion (US$16.2B) over alleged misuse of the IMMEX program's virtual import mechanism.","confidence":"secondary","dateOccurred":"2025-10-17","source":null},{"id":34598,"text":"The Trump administration formally stated its intent to demand equity in exchange for CHIPS Act grants to Samsung and other semiconductor companies, a policy shift that could require Samsung to issue shares proportional to the $4.745B subsidy.","confidence":"secondary","dateOccurred":"2025-08-21","source":null},{"id":34593,"text":"The Lee family controls Samsung Electronics through a complex cross-shareholding structure. Samsung Life Insurance holds 7.64%, National Pension Service 6.74%, BlackRock 4.99%, Samsung C&T Corp 4.49%, and Vanguard 3.49%. Direct Lee family ownership is small — Jay Y. Lee owns ~1.63% and his mother Hong Ra-hee ~1.64%.","confidence":"secondary","dateOccurred":"2025-06-15","source":{"title":"Samsung Electronics Co Ltd (005930) Shareholders — Ownership Structure","url":"https://hk.investing.com/equities/samsung-electronics-co-ltd-ownership","publication":"Investing.com"}},{"id":34587,"text":"Samsung Electronics was incorporated in 1969 and listed on the Korea Stock Exchange in 1975. It is headquartered in Suwon, South Korea, and as of FY2025 had approximately 128,881 employees and $244.8B in revenue.","confidence":"primary","dateOccurred":"2025-06-15","source":null},{"id":34596,"text":"India's tax authority ordered Samsung and its executives to pay $601M in back taxes and penalties in March 2025 for allegedly misclassifying imports of telecom equipment to evade tariffs between 2018-2021.","confidence":"secondary","dateOccurred":"2025-03-01","source":{"title":"Customs Dept moves SC against tribunal order quashing tax demand on Samsung","url":"https://www.cnbctv18.com/business/customs-dept-moves-sc-against-tribunal-order-quashing-tax-demand-on-samsung-19511161.htm","publication":"CNBC TV18"}},{"id":34592,"text":"Chairman Jay Y. Lee was acquitted of accounting fraud and stock manipulation charges by the Seoul High Court on February 2, 2025, after prosecutors sought a 5-year jail sentence in November 2024 over a 2015 merger of Samsung C&T and Cheil Industries that tightened Lee's control.","confidence":"secondary","dateOccurred":"2025-02-02","source":{"title":"South Korea prosecutors seek 5-year jail term for Samsung Elec chief in appeals case","url":"https://www.reuters.com/world/asia-pacific/south-korea-prosecutors-seek-5-yr-jail-term-samsung-elec-chief-appeals-case-2024-11-25/","publication":"Reuters"}},{"id":34588,"text":"Samsung Electronics reported 2024 net income of 34.45 trillion won ($23.8B), up 122.5% from a year earlier, on revenue of approximately 301 trillion won.","confidence":"primary","dateOccurred":"2025-01-31","source":{"title":"Samsung Electronics 2024 net profit up 122.5 pct to 34.45 tln won","url":"https://en.yna.co.kr/view/AEN20250131000300320","publication":"Yonhap News Agency"}},{"id":34591,"text":"Samsung Electronics America PAC raised $416,088 and contributed $338,000 to federal candidates in the 2023-2024 cycle, split 51.33% to Democrats and 47.49% to Republicans. Top recipients included John Carter (R-TX), James Clyburn (D-SC), Hakeem Jeffries (D-NY), and Michael McCaul (R-TX).","confidence":"primary","dateOccurred":"2024-12-31","source":{"title":"PAC Profile: Samsung Electronics America","url":"https://www.opensecrets.org/political-action-committees-pacs/bluegrass-cmte/C00590315/summary/2024","publication":"OpenSecrets"}},{"id":34589,"text":"The U.S. Commerce Dept awarded Samsung Electronics up to $4.745B in direct CHIPS Act funding in December 2024 (down from the $6.4B preliminary MoU of April 2024) to support its $37B investment in a semiconductor cluster in Taylor, Texas.","confidence":"primary","dateOccurred":"2024-12-20","source":{"title":"Biden-Harris Administration Announces Preliminary Terms with Samsung Electronics","url":"https://www.commerce.gov/news/press-releases/2024/04/biden-harris-administration-announces-preliminary-terms-samsung","publication":"U.S. Department of Commerce"}},{"id":34595,"text":"In July 2024, the National Samsung Electronics Union (NSEU) launched the first strike in Samsung's 55-year history, with about 6,500 workers participating in an indefinite strike at the Hwaseong semiconductor facility over pay and benefits.","confidence":"secondary","dateOccurred":"2024-07-10","source":{"title":"Samsung Electronics union goes on indefinite strike","url":"https://www.bbc.co.uk/news/articles/cw9y7n5w3j5o","publication":"BBC News"}},{"id":34590,"text":"Samsung Group spent a record $6.98M on U.S. lobbying in 2024 through subsidiaries Samsung Electronics America, Samsung Semiconductor, Samsung SDI America, and eMagin, employing 64 lobbyists across multiple firms including Arnold & Porter and AnnDyl Policy Group.","confidence":"primary","dateOccurred":"2024-06-15","source":{"title":"LD-2 Lobbying Disclosure Form — Samsung Electronics America / Arnold & Porter Kaye Scholer","url":"https://lda.senate.gov/filings/public/filing/8e1c85ae-d773-4c25-b14a-8a18031cc064/print/","publication":"U.S. Senate Office of Public Records"}},{"id":34594,"text":"Jay Y. Lee served a combined 18 months in prison on bribery charges related to the Park Geun-hye scandal before being paroled in 2021 and pardoned by President Yoon Suk Yeol in 2022. He was also convicted of unlawful use of Propofol in 2021.","confidence":"secondary","dateOccurred":"2022-08-12","source":{"title":"Samsung Chief Jay Y. Lee Found Not Guilty in Merger Case","url":"https://www.usnews.com/news/top-news/articles/2025-02-02/samsung-chief-faces-ruling-on-controversial-merger","publication":"U.S. News & World Report / Reuters"}},{"id":20836,"text":"Samsung Electronics filed filing with the SEC on 2009-03-02. Accession number: N/A.","confidence":"secondary","dateOccurred":"2009-03-02","source":{"title":"SEC EDGAR: filing — Samsung Electronics (2009-03-02)","url":"https://efts.sec.gov/LATEST/search-index?q=%22Samsung%20Electronics%22&dateRange=custom&forms=4,SC%2013D,SC%2013G,DEF%2014A,10-K,10-Q","publication":"SEC EDGAR"}}],"connections":[{"id":9697,"relationshipType":"supplier","description":"Provides critical semiconductor annealing equipment","confidence":"confirmed","firstDocumented":null,"lastDocumented":null,"other":{"id":19,"name":"HPSP","slug":"hpsp","type":"company"}},{"id":16465,"relationshipType":"oversight","description":"Samsung Electronics, as a semiconductor manufacturer, uses equipment controlled under ECCN 3B001 and is subject to related export restrictions.","confidence":"inferential","firstDocumented":"2026","lastDocumented":null,"other":{"id":646,"name":"Export Control Classification Number (ECCN) 3B001","slug":"export-control-classification-number-eccn-3b001","type":"instrument"}},{"id":14829,"relationshipType":"customer relationship","description":"Park Joon-hong had Samsung as his primary customer while serving as head of customer relations.","confidence":"inferential","firstDocumented":"2024","lastDocumented":null,"other":{"id":665,"name":"Lam Research Manufacturing Korea","slug":"lam-research-manufacturing-korea","type":"company"}},{"id":11640,"relationshipType":"potential_customer","description":"Samsung Electronics is a major potential user of HPHA technology for semiconductor fabrication and memory production.","confidence":"inferential","firstDocumented":"2024","lastDocumented":null,"other":{"id":658,"name":"High Pressure Hydrogen Annealing (HPHA)","slug":"high-pressure-hydrogen-annealing-hpha","type":"instrument"}},{"id":12362,"relationshipType":"donor","description":"Samsung Electronics America PAC contributed to Michael McCaul (R-TX) in the 2023-2024 cycle.","confidence":"primary","firstDocumented":"2024","lastDocumented":null,"other":{"id":9302,"name":"Michael McCaul","slug":"michael-mccaul","type":"elected_official"}},{"id":12361,"relationshipType":"donor","description":"Samsung Electronics America PAC contributed to Hakeem Jeffries (D-NY) in the 2023-2024 cycle.","confidence":"primary","firstDocumented":"2024","lastDocumented":null,"other":{"id":1129,"name":"Hakeem Jeffries","slug":"hakeem-jeffries","type":"elected_official"}},{"id":12360,"relationshipType":"donor","description":"Samsung Electronics America PAC contributed to James Clyburn (D-SC) in the 2023-2024 cycle.","confidence":"primary","firstDocumented":"2024","lastDocumented":null,"other":{"id":6920,"name":"James Clyburn","slug":"james-clyburn","type":"elected_official"}},{"id":12359,"relationshipType":"Funding Recipient","description":"U.S. Commerce Dept awarded Samsung Electronics up to $4.745B in direct CHIPS Act funding in December 2024 to support a $37B semiconductor cluster investment in Taylor, Texas.","confidence":"primary","firstDocumented":"2024","lastDocumented":null,"other":{"id":9991,"name":"CHIPS Act","slug":"chips-act","type":"instrument"}},{"id":12358,"relationshipType":"Shareholder","description":"BlackRock holds 4.99% of Samsung Electronics shares.","confidence":"primary","firstDocumented":"2025","lastDocumented":null,"other":{"id":25,"name":"BlackRock","slug":"blackrock","type":"company"}},{"id":11461,"relationshipType":"policy_beneficiary_and_coordinator","description":"MOTIE's semiconductor R&D investments, FDI facilitation for equipment suppliers, and national-high-tech-strategic-industry designations all directly support Samsung's manufacturing ecosystem in Yongin, Hwaseong, and Pyeongtaek.","confidence":"primary","firstDocumented":null,"lastDocumented":null,"other":{"id":667,"name":"Ministry of Trade, Industry and Energy (MOTIE)","slug":"ministry-of-trade-industry-and-energy-motie","type":"government_agency"}},{"id":12363,"relationshipType":"Industry Peer","description":"Both Samsung Electronics and TSMC are major semiconductor manufacturers and competitors; both have received CHIPS Act funding.","confidence":"secondary","firstDocumented":"2024","lastDocumented":null,"other":{"id":8900,"name":"Taiwan Semiconductor Manufacturing Company (TSMC)","slug":"taiwan-semiconductor-manufacturing-company-tsmc","type":"company"}},{"id":9880,"relationshipType":"industry_coordination","description":"Major semiconductor manufacturer subject to CHIPS Act implementation and coordination overseen by NIST CPO","confidence":"secondary","firstDocumented":"2022","lastDocumented":null,"other":{"id":653,"name":"NIST CHIPS Program Office (CPO)","slug":"nist-chips-program-office-cpo","type":"government_agency"}}],"contradictions":[],"permalink":"https://www.goblinhouse.net/entity/samsung-electronics","timelineUrl":"https://www.goblinhouse.net/entity/samsung-electronics/timeline"}