The Maytag Corporation is an American home and commercial appliance company. The company has been owned by Whirlpool Corporation since April 2006.
87-467: The Maytag Washing Machine Company was founded in 1893 by businessman Frederick Maytag . In 1925, Maytag Washing Machine Company became Maytag, Inc. Frederick's son Elmer Henry Maytag took over as president of the company from 1926 until his own death in 1940. In the early 1930s, photographer Theodor Horydczak took pictures of the plant and some of its workers. During the Great Depression of
174-582: A car phone in 1984, while its first handheld mobile phone called the SH-100 was made in 1988. It expanded to other markets during the 1990s. Its first smartphone was the Samsung SPH-i300 in 2001. During the early 2000s Samsung popularised the clamshell ("flip phone") design, and the SGH-T100 was the first ever "true color" mobile phone and the firm's first to sell over 10 million handsets. In
261-456: A 40 percent market share worldwide and as of 2018 has a 98% share of the global AMOLED market. The company generated $ 100.2 million out of the total $ 475 million revenues in the global OLED market in 2006. As of 2006, it held more than 600 American patents and more than 2,800 international patents, making it the largest owner of AMOLED technology patents. Samsung's current AMOLED smartphones use its Super AMOLED trademark, with
348-684: A Double Drawer dishwasher which today is manufactured in Findlay Ohio at the Whirlpool Plant, the only Maytag legacy product built in the Whirlpool Appliance line-up. The Jackson plant evolved into a streamlined manufacturing facility that could build thousands of dishwashers daily on multiple lines. This plant was the most efficient plant and was a hallmark for other facilities. Whirlpool closed this plant in 2009. In 1997, Maytag Corporation purchased G.S. Blodgett Corporation,
435-544: A bid to acquire U.S. appliance maker Maytag for $ 1.28 billion. The bid failed and Maytag was bought by Whirlpool for $ 1.7 billion. On April 1, 2006, Whirlpool completed its acquisition of Maytag Corporation. In May 2006, Whirlpool announced plans to close the former Maytag headquarters office in Newton, as well as laundry product manufacturing plants in Newton, Iowa ; Herrin, Illinois ; and Searcy, Arkansas by 2007. Following
522-583: A division of Whirlpool Corporation, had 14 manufacturing plants throughout the United States and Mexico. These included: Over the following years, Whirlpool closed Maytag plants in Newton, Iowa; Herrin, Illinois; Searcy, Arkansas; and Jackson, Tennessee. The Hoover floor care plant in Canton, Ohio was sold to Techtronic Industries , and its Dixie-Narco vending machine plant in Williston, South Carolina
609-469: A global recall of the product and a temporary halt in production. Despite the setback, Samsung recovered by launching successful products such as the Galaxy S8 and Galaxy Note 8 in 2017, which helped restore consumer confidence. During this time, Samsung continued its push into new markets. In November 2016, it announced its acquisition of Harman International Industries for $ 8bn, marking a major step into
696-542: A key supplier of Apple components as of October 2013, manufacturing the A7 processors inside the iPhone 5S model. From 2000 to 2003, Samsung maintained a net earnings growth of over 5%, even as 16 of South Korea's 30 largest companies collapsed following a financial crisis. In 2005, Samsung surpassed its Japanese rival, Sony , for the first time, becoming the 20th most popular global consumer brand according to Interbrand rankings. In 2007, Samsung overtook Motorola to become
783-532: A leading corporation together, but they were not rivals, as they had been in talks for a time until they finally merged. In the 1980s and early 1990s, Samsung sold personal computers under the Leading Technology brand. However, the equipment was manufactured by Samsung, and the FCC filings from this period typically refer to Samsung products. In 1988, Samsung Electronics launched its first mobile phone in
870-610: A line five blocks long to observe the casket processional. Those who could not fit into the First Methodist Church for the funeral service were taken to four other churches and two halls. He is buried in Newton Union Cemetery , Newton, Jasper County, Iowa. Samsung Electronics Samsung Electronics Co., Ltd. ( SEC ; stylised as SΛMSUNG; Korean : 삼성전자 ; RR : Samseong Jeonja ; lit. Tristar Electronics)
957-600: A loss of $ 9 million in 2004, according to Industry Week . In January 2014, Maytag announced a "Generation Five" of the Maytag Repairman, currently played by Colin Ferguson . But instead of commercials showing the repairman waiting around his shop for a Maytag appliance to break, he is playing the part of the actual appliance. Frederick Louis Maytag I Frederick Louis Maytag I (July 14, 1857 – March 26, 1937) also known as F. L. Maytag , founded
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#17327733391261044-659: A maker of commercial ovens. At the time of this purchase Maytag was looking at the Turbo Chef line they had been working on up to this point. Prior to 1997, the Maytag engineering team, at Maytag Laundry Appliances Research and Development, developed the Maytag Neptune line of front-load washers. A matching dryer was introduced to accompany the new washer. The company claimed that the new Neptune model saved energy costs over traditional washer/dryer sets. Production of
1131-565: A move which nearly doubled its size, the company acquired a new corporate name, Maytag Corporation. In 1988, Maytag acquired Chicago Pacific Corporation , which was formed using the remnants of the bankrupt Chicago, Rock Island & Pacific Railroad . Chicago Pacific Corporation owned Hoover US and Hoover UK as well as Thomasville Brand Furniture . Maytag quickly sold off the Thomasville Furniture brand. Maytag Corporation, led by Chairman Daniel Krumm, next planned to make Maytag
1218-499: A new plant in Jackson, Tennessee, for the manufacture of newly designed plastic tub dishwashers. The Plastic tub was developed in Newton, Iowa, but in 1996 Engineering was transferred to Jackson because Mr. Len Hadley, then president of Maytag Corporation, wanted the plant to be self-sufficient. This engineering team engineered a Stainless Steel dishwasher, Tall-Tub Plastic and Tall-Tub Stainless steel product. Engineering crescendoed with
1305-484: A new semiconductor manufacturing facility in Taylor, Texas , part of its strategy to expand its chip production capabilities amid the global semiconductor shortage. At CES 2024, Samsung demonstrated Ballie, an AI-powered home robot designed to assist with daily tasks, monitor pets, and integrate with smart home appliances. Samsung has been working to meet sustainability goals and reduce its environmental impact. In 2023,
1392-426: A plan to stimulate consumer purchases of new Maytag appliances before their old ones had worn out. Costs incurred in Maytag's acquisition and integration of Amana and an increased corporate debt load led to aggressive internal cost-cutting efforts in direct materials, manufacturing, and distribution costs. Maytag introduced a value-priced appliance line under a separate label, Performa by Maytag . To increase sales,
1479-498: A press release for its curved display technology with the Galaxy Round smartphone model. The press release described the product as the "world's first commercialized full HD Super AMOLED flexible display". The manufacturer explains that users can check information such as time and battery life when the home screen is off, and can receive information from the screen by tilting the device. Samsung's mobile cell business began with
1566-411: A small, premium-brand manufacturer. The company capitalized on its reputation by renaming its corporate address in Newton, Iowa, "One Dependability Square". By 1960, Maytag had ceased marketing ovens and refrigerators, but later started again to expand into kitchen appliances with its own design of portable kitchen dishwasher and a line of food-waste disposers . Upon the death in 1962 of Fred Maytag II,
1653-410: A symbol of misplaced trust in aging marketing campaigns. As one commentator noted, "Unfortunately things change, and, after some major quality hiccups, now it's the Maytag salesman who is bemoaning his loneliness. Maytag's reputation has plunged to the bottom with costly consumer class action lawsuits and numerous quality complaints." As a partial result of Maytag's quality problems, the company reported
1740-408: A technological lead sometime in the future. This patient vertical integration strategy of manufacturing components has borne fruit for Samsung in the late 2000s. A complementary brand leadership strategy was also initiated by chairman Lee when he declared 1996 to be the "Year of Design Revolution" at Samsung. His objective was to build Samsung design capabilities as a competitive asset and transform
1827-446: A worldwide organization. The UK part of Hoover was to help Maytag expand into Europe. Hoover UK was not doing well financially and offered customers a round-trip ticket anywhere if they purchased a vacuum. This campaign cost the corporation $ 50 million to settle. Subsequently, Maytag sold off Hoover UK. This was a huge setback for the amount of cash Maytag had in hand and thus started the downward spiral financially. In 1991 Maytag built
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#17327733391261914-583: Is a South Korean multinational major appliance and consumer electronics corporation founded on 13 January 1969 and headquartered in Yeongtong District , Suwon , South Korea. It is currently the pinnacle of the Samsung chaebol , accounting for 70% of the group's revenue in 2012, and has played a key role in the group's corporate governance due to cross ownership . It is majority-owned by foreign investors. As of 2019, Samsung Electronics
2001-464: Is also the world's largest semiconductor memory manufacturer and from 2017 to 2018, was the largest semiconductor company in the world, briefly dethroning Intel , the decades-long champion. Samsung Electronics has assembly plants and sales networks in 76 countries and employs more than 260,000 people. However, in 2024, Samsung Eletronics lost its No.1 position in global smartphone shipments and semiconductor sales. Samsung Electric Industries
2088-471: Is approximately 50 millimeters (1.97 inches). While reducing the thickness substantially, the company maintained the performance of previous models, including Full HD 1080p resolution, 120 Hz refresh rate, and 5000:1 contrast ratio. On 6 September 2013, Samsung launched its 55-inch curved OLED TV (model KE55S9C) in the United Kingdom with John Lewis. In October 2013, Samsung disseminated
2175-401: Is testimony to the durability and reliability of Maytag appliances. Now if only he had something to do with his days.” Other ads stated, "Not all Maytag repairmen are this lonely, but we're trying." The campaign proved a huge success, allowing Maytag to set a substantial price premium, as well as strongly influencing consumer preference at the higher end of the laundry appliance market. In 1986,
2262-540: Is the world's second-largest technology company by revenue, and its market capitalization stood at US$ 520.65 billion, the 12th largest in the world. It ranks as the world's largest manufacturer of smartphones since 2011 — starting with the original Samsung Solstice , and most notably its Samsung Galaxy brand and its flagship Galaxy S series — and has also been the largest television manufacturer since 2006, both of which include related software and services like Samsung Pay and TV Plus . The company pioneered
2349-517: The Korean War , the company again produced parts for military equipment, although washing-machine production continued. During the 1950s, the 'white goods,' or laundry and kitchen appliance industry, grew rapidly. Maytag first entered the commercial laundry field at this time, manufacturing washers and dryers for commercial self-service laundries and commercial operators. In response, other full-line appliance producers began to compete with Maytag in
2436-1008: The Maytag Company, which eventually became the Maytag Corporation and in turn was acquired by the Whirlpool Corporation in 2006. Maytag was born July 14, 1857, in Elgin, Illinois , the eldest of 10 children born to German immigrants Amelia Tonebon (1837-1905) and Daniel William Maytag (1833–1900), who had Anglicized the original spelling of his surname from Maitag upon arrival. The full set of children were: Frederick Louis Maytag I (1857–1937); Lewis R. Maytag (1859–1943); Martha M. Maytag (1861-1955); Theodore Henry Maytag (1864–1931); Jacob E. Maytag (1866-1908); Emma Maytag (1869–1956); Daniel C. Maytag (1872–1956); Helena Maytag (1875–1881); Anna A. Maytag (1877–1964); and Viola Maytag (1880–1966). In 1867, when Frederick
2523-561: The Neptune line was later switched to Samsung Electronics . In 2001, the company acquired the Amana Corporation and its appliance assembly facilities. That same year, Ralph F. Hake became the last chairman and chief executive officer (CEO) of Maytag Corporation, serving in that post until March 2006. Once renowned as the standard for laundry appliances, by 2003 the company faced increasing competition from new appliance brands in
2610-647: The Samsung Wave S8500 and Samsung i9000 Galaxy S being launched in June 2010. In January 2011, it announced its Super AMOLED Plus displays – which offer several advances over the older Super AMOLED displays – real stripe matrix (50 percent more sub pixels), thinner form factor, brighter image and an 18 percent reduction in energy consumption. In October 2007, Samsung introducing a ten-millimeter thick, 40-inch LCD television panel, followed in October 2008 by
2697-526: The Stinkomatic by dissatisfied customers because they would become moldy in a way that could not be easily cleaned), resulting in further damage to the company's reputation and a $ 33.5 million payout to settle several class-action lawsuits arising from the Neptune problems. By 2005, Maytag's market share had declined to all-time lows, sales were flat, and customer satisfaction surveys ranked Maytag near
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2784-587: The World Intellectual Property Organization (WIPO)'s annual World Intellectual Property Indicators report ranked Samsung's number of patent applications published under the PCT System as 2nd in the world, with 3,093 patent applications being published during 2020. This position is up from their previous ranking as 3rd in 2019 with 2,334 applications. By 2004 Samsung was the world's-largest manufacturer of OLEDs, with
2871-466: The phablet form factor with the Galaxy Note family. Samsung is also a major vendor of washing machines , refrigerators , computer monitors and soundbars . Samsung Electronics is also a major manufacturer of electronic components such as lithium-ion batteries , semiconductors , image sensors , camera modules , and displays for clients such as Apple , Sony , HTC , and Nokia . It
2958-418: The semiconductor business by acquiring Korea Semiconductor, which was on the verge of bankruptcy while building one of the first chip-making facilities in the country at the time. Soon after, Korea Telecommunications, an electronic switching system producer and a Samsung Group company, took over the semiconductor business and became Samsung Semiconductor & Communications. In February 1983, Lee, along with
3045-413: The 1930s the company was one of the few to make a profit. In 1938, Maytag provoked strikes by the company's workers because of a 10% pay cut. The company was able to beat the strike because of the intervention of four military companies, including a machine gun company, of the 113th Cavalry Regiment, Iowa National Guard . At his father's death in 1940, Fred Maytag II , grandson of the founder, took over
3132-577: The Galaxy S5, followed by the Galaxy S6 and Galaxy S6 Edge in 2015, both of which featured a significant redesign and introduced the concept of curved screens. The same year, Samsung also entered the rapidly growing Internet of Things (IoT) market by acquiring the smart home company SmartThings . In 2016, Samsung faced one of its most publicized crises when its Galaxy Note 7 devices began to overheat and catch fire due to defective batteries. This led to
3219-509: The Japanese companies, a decision that led to a significant amount of anti-Japanese public outcry and huge backlashes from the competitors fearing the outright subordination of the industry by the Japanese. The strategy was able to take off only after the government and Samsung declared that the company would exclusively focus on exports. Toshio Iue , the founder of Sanyo , played a role as an advisor to Lee Byung-chul , Samsung's founder, who
3306-602: The Maytag Hotel and spearheaded a theater and a water plant. Maytag also built hundreds of houses for his workers, selling them on easy terms. In 1937, Frederick Maytag died of a heart ailment at Good Samaritan Hospital, near his winter home in Beverly Hills, California . He left a $ 10 million estate (equivalent to $ 216 million today). A special train brought mourners from the east coast to Newton, Iowa , and an estimated 10,000 factory workers and salesmen formed
3393-588: The Maytag headquarters closure, all brand administration was transferred to Whirlpool's headquarters in Benton Harbor, Michigan . The Maytag name would now be used on Whirlpool-designed appliances. Most Maytag employees were terminated, but some were offered jobs at Whirlpool. The board of directors of Maytag all received five years' severance pay. Former Maytag chairman and CEO, Ralph F. Hake, received two years' base salary and two years' target bonus under his severance agreement. On January 1, 2009, Maytag (under
3480-498: The North American market, offering a full line of washing machines , dryers , dishwashers , cooktops , refrigerators , and ranges under the Maytag, JennAir , Amana , and Magic Chef brands. Maytag also used to manufacture the top load laundry for Crosley until Maytag's merger with Whirlpool. Maytag sold multiple small appliances including a cordless iron under the Maytag brand, a mixer and blender under JennAir ,
3567-540: The South Korean market. Sales were initially poor, and by the early 1990s, Motorola held a market share of over 60 percent in the country's mobile phone market compared to just 10 percent for Samsung. Samsung's mobile phone division also struggled with poor quality and inferior products until the mid-1990s, and exit from the sector was a frequent topic of discussion within the company. Lee Kun-Hee decided that Samsung needed to change its strategy. The company shelved
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3654-522: The US market, as well as from existing appliance manufacturers who had outsourced production a decade earlier in order to reduce costs. While Maytag had begun the process of shifting appliance production to lower-cost assembly plants outside the United States, in 2004, the company was still producing eighty-eight percent of its products in older U.S.-based factories. In an apparent move away from traditional company marketing strategy, company management decided on
3741-434: The United States. While many other handset manufacturers focused on one or two operating systems, Samsung for a time used several of them: Symbian , Windows Phone , Linux-based LiMo , and Samsung's proprietary TouchWiz , Bada and Tizen . By 2013 Samsung had dropped all operating systems except Android phone and Windows Phone. That year Samsung released at least 43 Android phones or tablets and two Windows Phones. At
3828-780: The administrative support for the international sales organization. This network extended to more than 70 countries worldwide. Maytag International was responsible for export sales and licensing of the corporation's appliances and floor care brands and joint ventures in overseas markets. This network extends to more than 90 countries worldwide. The main office is located in Chicago with major subsidiary offices in Burlington, Ontario (Canada), Monterrey (Mexico), Sydney (Australia), and London (England) and region sales offices in Beirut (Lebanon) and Yokohama (Japan). As of 2008, Maytag, by this time
3915-419: The automotive technology sector, particularly in connected car solutions. In 2017, Samsung reported record profits driven by its semiconductor business, particularly memory chips. By 2018, the company had solidified its position as one of the leading global manufacturers of semiconductors, overtaking Intel as the world's largest semiconductor supplier. In 2021, Samsung announced plans to invest $ 17bn to build
4002-479: The board of the Samsung industry and corporation agreement and help by sponsoring the event, made an announcement later dubbed the "Tokyo declaration", in which he declared that Samsung intended to become a dynamic random-access memory (DRAM) vendor. One year later, Samsung announced that it had successfully developed a 64 kb DRAM, reducing the technological gap between the companies from first-world countries and
4089-537: The bottom of the appliance field. The problems with the Neptune line continued; in 2007, 250,000 Neptune washing machines became part of a nationwide safety recall by the Consumer Product Safety Commission due to fire danger. In 2005, Haier sought to expand its share of foreign markets by acquiring rival white-goods OEMs and by expanding overseas production capacity. With backing from two large U.S. private equity funds, Haier made
4176-491: The company also marketed Maytag-branded 'Legacy Series' washing machines that were otherwise identical to low-end Amana models, and built at the formerly Amana assembly plant in Searcy, Arkansas. The rebranded Maytag models, later termed Amanatags by dissatisfied owners, received poor customer reviews after reports surfaced of major mechanical and/or durability problems. The company also consolidated warehouse operations and cut
4263-598: The company also sold the popular Skybox and Rookie home-vending products. In floor care, Maytag owned the Hoover brand, the market leader in North America and the floor-care brand with the highest consumer recognition and buying preference. In commercial products, Maytag owned Dixie-Narco , a leader in refrigerated soft drink and specialty vending machines as well as Jade cooking products and Amana commercial cooking products. Maytag had presence in markets around
4350-653: The company announced a partnership with British Gas to integrate its services into Samsung's SmartThings app, helping users reduce energy consumption through smarter home management. As part of the partnership, British Gas began offering Samsung's energy-efficient heat pumps to support the UK's 2050 net-zero goals. In 2024, Samsung continues to be a leader in consumer electronics, semiconductors, and AI development, shaping technology through its innovations in smart homes, connected devices, and sustainable energy solutions. As of January 2024 In mid-November 2021, Samsung Electronics
4437-477: The company devised a plan to sponsor major sporting events. One such sponsorship was for the 1998 Winter Olympics held in Nagano , Japan. As a chaebol , Samsung Group wielded wealth that allowed the company to invest and develop new technology rather than build products at a level that would not have a detrimental impact on Samsung's finances. Samsung had a number of technological breakthroughs, particularly in
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#17327733391264524-431: The company into a global brand-design leader. However, this effort required major changes in corporate culture, processes, and systems. By integrating a comprehensive design management system and strategy into the corporate culture, Samsung was successful in developing an award-winning product design portfolio by the late 1990s, resulting in significant brand equity growth. As Samsung shifted away from consumer markets,
4611-465: The company's future, stating, "Samsung Electronics' future is not guaranteed, as most of our flagship products will be obsolete within ten years." Samsung has since set ambitious goals, aiming for $ 400bn in annual revenue within a decade, with 24 global research and development centers contributing to these efforts. In 2011, Samsung sold its hard disk drive (HDD) operations to Seagate Technology for $ 1.4 billion in cash and stock. In 2012, Kwon Oh-hyun
4698-401: The effectiveness of the long-lived Maytag-repairman campaign. Consumer demand for innovative, expensive, and increasingly complex electronically controlled and computerized appliances, coupled with higher labor costs and complaints over Maytag product quality and service, influenced a decline in Maytag sales and profit margins. By 2004, the Maytag repairman character had become to some consumers
4785-486: The end of the third quarter of 2010, the company had surpassed the 70 million unit mark in shipped phones, giving it a global market share of 22 percent, trailing Nokia by 12 percent. Overall, the company sold 280 million mobile phones in 2010, corresponding to a market share of 20.2 percent. The company overtook Apple in worldwide smartphone sales during the third quarter 2011, with a total market share of 23.8 percent, compared to Apple's 14.6 percent share. Samsung became
4872-406: The field of memory which are commonplace in most electrical products today. This includes the world's first 64 MB DRAM in 1992, 256 MB DRAM in 1994, and 1 GB DRAM in 1996. In 2004, Samsung developed the world's first 8 GB NAND flash memory chip, and a manufacturing deal was struck with Apple in 2005. A deal to supply Apple with memory chips was sealed in 2005, and Samsung remains
4959-1347: The financial year ending 31 December): The company focuses on four areas: digital media, semiconductors , telecommunication networks, and LCD digital appliances. The digital-media business area covers computer devices such as laptop computers and laser printers ; digital displays such as televisions and computer monitors; consumer entertainment devices such as DVD players , MP3 players , and digital camcorders ; home appliances such as refrigerators, air conditioners, air purifiers , washing machines, microwave ovens, vacuum cleaners and robot vacuum cleaners . The semiconductor-business area includes semiconductor chips such as SDRAM , SRAM , NAND flash memory ; smart cards ; mobile application development , mobile application processors ; mobile TV receivers; RF transceivers; CMOS Image sensors, Smart Card IC , MP3 IC, DVD/Blu-ray Disc/HD DVD Player SOC, and multi-chip package (MCP). The telecommunication-network-business area includes multi-service DSLAMs and fax machines; cellular devices such as mobile phones, PDA phones, and hybrid devices called mobile intelligent terminals (MITs); and satellite receivers . The LCD business area focuses on producing TFT-LCD and organic light-emitting diode (OLED) panels for laptops, desktop monitors, and televisions. Samsung Print
5046-637: The firm and renamed it the Maytag Company. As the company grew, he forayed into other businesses such as the Maytag-Mason Motor Company automobiles. In the 1910s, he left the day-to-day company operation in the hands of sons Elmer and Lewis , to concentrate on other business areas including innovations of a washing machine with a gas powered motor branded as the Multi-Motor and a washing machine with an agitator that forced
5133-465: The joint venture Samsung-NEC with Japan's NEC Corporation and Sumitomo Corporation to manufacture home appliances and audiovisual devices . Samsung-NEC later became Samsung SDI, the group's display and battery business unit. In 1973, Samsung and Sanyo created Samsung-Sanyo Parts, the predecessor of Samsung Electro-Mechanics . By 1981, Samsung Electric had manufactured over 10 million black-and-white televisions . In 1974, Samsung Group expanded into
5220-452: The last family member involved in the company's management, E. G. Higdon was named president of the company, with George M. Umbreit becoming chairman and CEO. By the late 1970s, over 70 percent of U.S. households were equipped with washers and dryers, and with approximately 18,000 employees worldwide, the company was established as a dominant manufacturer of large laundry appliances. After the company's acquisition of Magic Chef , Inc., in 1986,
5307-590: The mid-2000s the SGH-D500 popularised the slider form factor, and later slider products such as the E250 were hits. In 2006 Samsung's X820 with a depth of 6.9 mm was the thinnest phone, and for many years its successor U100 would remain the skinniest at just 5.9 mm. In 2007 it launched the slate style touchscreen phone F700 which would precede its increasingly relevant touch phones such as Tocco and Omnia . Samsung overtook declining Motorola to become
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#17327733391265394-454: The number of Maytag vendors. Between 2002 and 2004, Maytag corporate management cut new-product investment by 50%. An increasing chorus of consumer complaints concerning product reliability and customer service, assisted by the rapid growth of internet consumer forums, began to affect the company's reputation with customers. The company was also slow to react to customer complaints regarding its flagship Neptune washer and dryer line (labeled
5481-591: The ownership of the Whirlpool Corp. ) changed the vested lifetime benefits of the Maytag retirees. There is a lawsuit pending in the Southern District Court of Iowa where Whirlpool has asked for permission to change the UAW bargained benefits. The benefits in question were subsequently changed despite any resolution of the lawsuit. In major appliances, Maytag was among the top three companies in
5568-401: The presidency. During World War II , the company participated in war production by making special components for military equipment. In 1946, production of washing machines was resumed; in 1949, the first automatic washers were produced in a new, dedicated factory. In 1946, Maytag began marketing a separate line of ranges and refrigerators made by other companies under the Maytag name. During
5655-449: The production of many under-selling product lines and instead pursued a process of designing and manufacturing components and investing in new technologies for other companies. In addition, Samsung outlined a 10-year plan to shrug off its image as a "budget brand" and to challenge Sony as the world's largest consumer electronics manufacturer. It was hoped that, in this way, Samsung would gain an understanding of how products are made and give
5742-444: The repairman was joined by Newton, a basset hound named for Maytag’s headquarters in Newton, Iowa. In 1989, character actor Gordon Jump first appeared as Ol' Lonely in the advertisement "Biker". In total, Jump appeared in more than 77 Maytag commercials and print advertisements. He made appearances at events for employees and customers and also was actively involved in several philanthropic and charitable causes. Actor Hardy Rawls
5829-541: The water through the clothes branded as the Gyrafoam . These inventions proved extremely valuable as by 1927, the Maytag Company was producing more than twice the washers of its nearest competition and had outperformed the industry with growth doubling for five consecutive years. Even after Elmer became the company's president in 1926, Maytag was active in promoting its products, and ensuring worker happiness and often greeted employees by asking, "Is everybody happy?" Maytag
5916-453: The white-goods consumer market. These included 'full-line' manufacturers such as Whirlpool, General Electric, Westinghouse, and Frigidaire, who built not only washing machines and dryers, but also refrigerators, stoves, and other appliances. Since Maytag was much smaller than the full-line producers, the company decided to limit itself to the manufacture of washers and dryers, alongside marketing ovens and refrigerators built by other companies, as
6003-425: The world's first 7.9-mm panel. Samsung developed panels for 24-inch LCD monitors (3.5 mm) and 12.1-inch laptops (1.64 mm). In 2009, Samsung succeeded in developing a panel for forty-inch LED televisions, with a thickness of 3.9 millimeters (0.15 inch). Dubbed the "Needle Slim", the panel is as thick (or thin) as two coins put together. This is about a twelfth of the conventional LCD panel whose thickness
6090-634: The world's largest smartphone manufacturer in 2012, with the sales of 95 million in the first quarter. During the third quarter of 2013, Samsung's smartphone sales improved in emerging markets such as India and the Middle East, where cheaper handsets were most popular. As of October 2013, the company offers 40 smartphone models on its US website. In 2019, Samsung announced that it has ended production of mobile phones in China, due to lack of Chinese demand. As of 2019 Samsung employs over 200,000 employees in
6177-641: The world's second largest mobile phone marker during 2007. Presently, Samsung's flagship mobile handset line is the Samsung Galaxy S series of smartphones, which many consider a direct competitor of the Apple iPhone . It was initially launched in Singapore, Malaysia and South Korea in June 2010, followed by the United States in July. It sold more than one million units within the first 45 days on sale in
6264-475: The world's second-largest smartphone manufacturer. By 2009, Samsung achieved $ 117bn in revenue, overtaking Hewlett-Packard to become the world's largest technology company by sales. However, Samsung faced legal challenges in 2009 and 2010 when the U.S. and the EU fined the company—along with other memory chip manufacturers—for involvement in a price-fixing scheme that occurred between 1999 and 2002. In 2010, Samsung
6351-663: The world, including sales operations in Mexico , the United Kingdom , Japan , and Australia . The corporation's export sales and marketing, licensing of brands, and international joint ventures was coordinated by Maytag International in Schaumburg, Illinois . Today, in the Whirlpool lineup, Maytag is mostly positioned as a mid-tier brand, generally priced somewhat above Whirlpool but below KitchenAid . In 1988, DOMICOR
6438-440: The young electronics maker from more than a decade to approximately four years. In the process, Samsung used technologies imported from Micron Technology of the U.S for the development of DRAM and Sharp Corporation of Japan for its SRAM and ROM . In 1988, Samsung Electric Industries merged with Samsung Semiconductor & Communications to form Samsung Electronics, as before that, they had not been one company and had not been
6525-453: Was a novice in the electronics business. In December of the same year, Samsung Electric established a joint venture named Samsung-Sanyo Electric with Sanyo and Sumitomo Corporation . This is the direct predecessor of today's Samsung Electronics. The joint venture's early products were electronic and electrical appliances including televisions, calculators , refrigerators , air conditioners, and washing machines. In 1970, Samsung established
6612-610: Was acquired by Crane Merchandising Systems . (Techtronic and Crane acquired the plants when they acquired the Hoover and Dixie-Narco brands, respectively). The remaining Maytag plants in operation today are in Cleveland, Tennessee and Amana, Iowa.* Ol' Lonely, or "the lonely repairman", is a character in Maytag advertisements, created for Maytag by copywriter Vincent R. Vassolo of the Leo Burnett advertising agency. His character
6699-414: Was among those who auditioned. On April 2, 2007, Maytag announced that Clay Earl Jackson of Richmond, Virginia had been selected to fill the role of Ol' Lonely. By the end of the twentieth century, the "Maytag repairman" character had become an iconic metaphor for a professional whose services are rarely needed. Times were changing however, and events at Maytag and within the industry began to diminish
6786-662: Was appointed CEO of Samsung Electronics. He announced his resignation in 2017, citing an "unprecedented crisis." His departure signaled the transition to a leadership structure with three co-CEOs, which lasted until 2021, when Kyung Kye-Hyun and Han Jong-hee were appointed as new CEOs after a company-wide reorganization. In 2014, Samsung made headlines by introducing the Samsung Galaxy S4 , a new entry in its Galaxy smartphone series, and successfully tested enhanced 5G technology. From 2014 onward, Samsung expanded its presence in technology markets. In April 2014, Samsung launched
6873-445: Was established as Maytag Corporation's international division and in 1992 became Maytag International, Inc. which eventually encompassed all of Maytag's worldwide ventures including Maytag Australia, Maytag Japan, Maytag Commercial (Mexico), and Maytag UK. Maytag International, was based in Schaumburg, Illinois , handled the sales, licensing and business ventures of corporate appliances and floorcare brands in overseas markets as well as
6960-463: Was established as an industrial part of Samsung Group on 13 January 1969 in Suwon , South Korea. At the time, Samsung Group was known to the South Korean public as a trading company specialized in fertilizers and sweeteners. Despite the lack of technology and resources, falling shorter even than the domestic competitors, Samsung Group improved its footing in the manufacturing industry by cooperating with
7047-501: Was established in 2009 as a separate entity to focus on B2B sales and released a broad range of multifunctional devices , printers, and more. As of 2018, Samsung sold its printing business to HP . Samsung Electronics produces LCD and LED panels, mobile phones, memory chips, NAND flash , solid-state drives , televisions, digital cinema screens, laptops and many more products. The company previously produced hard-drives and printers. Samsung consistently invests in innovation. In 2021,
7134-453: Was granted immunity from prosecution by the EU for acting as an informant during the investigation into the LCD price-fixing cartel , leading to the implication of other companies, including LG Display and HannStar. Despite its continuous growth, Samsung has been portrayed as financially insecure. In 2010, after returning from temporary retirement, chairman Lee Kun-hee expressed concern about
7221-579: Was hired to play Ol' Lonely after Jump's retirement in 2003, although he appeared only in print advertising and personal appearances. Gordon Jump died two months later on September 22, 2003. In French-speaking Quebec, Ol' Lonely was played by Paul Berval . For a period of time Maytag gave Ol' Lonely a younger sidekick character known as the "Maytag Apprentice", played by actor Mark Devine. However, in 2005 Maytag cancelled his contract. Maytag also elected not to renew Rawls' contract, instead holding open auditions. Indianapolis Colts backup quarterback Jim Sorgi
7308-552: Was inducted into the Junior Achievement U.S. Business Hall of Fame in 1995. An active member in his Masonic Lodge, he was a member of Newton Lodge No. 59, Newton, Iowa, receiving degrees on April 23, May 14, and raised a Master Mason on Sept. 13, 1887. Maytag married Dena Bergman, and they had two sons and two daughters. He donated a 40-acre (160,000 m ) park and swimming pool to the city of Newton, Iowa , now named Maytag Park and Maytag Pool. He built and donated
7395-399: Was initially played by Jesse White , who retained the role until 1988. In a time in which the laundry appliances of major manufacturers had reached maturity, differing mostly in minor details, the campaign was designed to remind consumers of the perceived added value in Maytag products derived from the brand's reputation for dependability. Maytag advertisements stated “Ol' Lonely’s predicament
7482-510: Was ranked second in the 'Best Global Brands' by YouGov a market research firm, after placing fourth in the 2020 ranking. In June 2022, PricewaterhouseCoopers ranked Samsung Electronics 22nd on their global top 100 companies by market capitalization. The company slid seven notches from the 2021 rankings due to global inflation , the Russian invasion of Ukraine , and global monetary tightening. The key trends for Samsung Electronics are (as of
7569-586: Was ten years old, the family traveled in a covered wagon to a small farm near Laurel, Iowa . Maytag attended North Central College in Naperville, Illinois, in 1872-73. In 1893, Maytag, his two brothers-in-law, and George W. Parsons each contributed US$ 600, for a total of $ 2,400, to start a new farm implement company named Parsons Band-Cutter & Self Feeder Company. This company produced threshing machines, band-cutters, and self-feeder attachments invented by Parsons. Maytag eventually took sole control of
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