UNIVERSITY OF ANTIOQUIA

ENGLISH 1
NAME: Alejandro Vanegas Rondon
ID NUMBER: 1000532440

1. Read the following article. Then answer the questions

SAMSUNG ELECTRONICS AIMS TO DOUBLE SALES
Top executives from the electronics giant Samsung have ambitious plans to make the
company grow. It aims to more than double its sales by 2020. It also has its eye on
becoming the world leader of 20 different products in the next five years. The South Korean
firm additionally says that in the next decade, it wants to become one of the world’s three
largest consumer electronics companies. Samsung’s Chief Executive Officer Yun Jong-yong
shares his plans with market analysts.
Samsung is already number one in the production of memory chips. It is second, behind
Intel, in semiconductors. Additionally, it is a leading producer of a wide range of consumer
electronics, including flat-screen TVs and liquid crystal displays (LCDs).
Samsung is very successful in the mobile phone market. It passes Sony Ericsson, the third
company in the market, and now wants to confront the leaders Nokia and Motorola.
Samsung has big business numbers to support its expansion plans. It has a sales record of
US$76 billion in 2010, and has a 20 percent growth in sales in each of the past five years.
Many Its competitors are reorganizing their battle plans at the moment.

1. Mark TRUE or FALSE according to the article (10 points)

a. Samsung has projects for an increase in its sales T F
b. Samsung wants to double its sales by the end of the century T F
c. It wants to become one of the eight largest electronic companies T F
d. Competitors are now rethinking their battle plans T F
e. Samsung tries to be the number one memory chip producer T F
f. Samsung is on top of the mobile phone market T F
g. Samsung shows sales figures that indicate it can meet its objectives T F
h. Samsung’s sales are increasing 20% annually since 2006 T F
i. LCD is a Samsung company T F
j. Yun Jong-yong believes in his analysts T F