Samsung Electronics recently presented its business goals to analysts during a special analyst day. The company revealed that it plans to become one of the world's Top 3 electronic companies in five years time and to double its revenues by 2010.

The company's plans are very serious: to have 20 No.1 market share products in the world by 2010 (currently the company has 8 number one market share products, one of which is dynamic random access memory (DRAM)), to identify 8 growth engines for Samsung's business including their digital television (DTV) products and printers and to pursue innovation throughout all six main areas of the company's business operations. The efforts are aimed to help Samsung to become one of the Top 3 electronics companies in the world in quantity and in quality by 2010 and to more than double its 2004 sales revenue by the year 2010;

Samsung Electronics also presented its vision to lead the digital convergence revolution. First, by 2007 Samsung Electronics aspires to be one of the top three companies in the world in terms of new patent holdings. Second, in the semiconductor sector, Samsung plans on achieving $61 billion in sales with 24 domestic Fabrication Plants (FABs) by 2012. Third, Samsung intends to become the leading producer of all-in-one mobile phones in the information technology (IT) sector. Fourth, Samsung will aim to reach $20 billion in liquid crystal display (LCD) sales by 2010. Finally, for its digital media business (DM), Samsung intends on leading the expansion of the digital consumer world by achieving $30 billion in sales by 2008. With aggressive business plans tailored for each sector, Samsung Electronics pledged to do what is necessary to increase its value for shareholders.

Currently Sony, Toshiba and Panasonic form the Top 3 makers of electronics equipment in the world. All of these companies are based in Japan.