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Samsung Expands Into Medical Device Sector

Nov. 28, 2012

Samsung Electronics America, Inc., a subsidiary of Samsung Electronics Co. Ltd, today announced its expansion with the addition of Samsung Health & Medical Equipment, unifying Samsung Medison America's personnel into Samsung Electronics America's Enterprise Business Division. By expanding its presence in the medical equipment industry, Samsung aims to become a global healthcare leader by bringing together its expertise in electronics and IT technologies for a better and more complete healthcare experience. Samsung Health & Medical Equipment will be showing a variety of healthcare solutions at the RSNA 2012 radiological event located at McCormick Place, Chicago from November 25th-November 29th.

This integration of sales, marketing and service operations in the United States is the latest step following Samsung Electronics' Co., Ltd. acquisition of a stake in the leading diagnostic ultrasound manufacturer Medison Co., Ltd. in 2010. With the joining of operations, Samsung Medison America is well positioned to leverage research and development and infrastructure already in place within Samsung Electronics America and its product groups. In addition, Samsung Medison America will benefit from existing sales channels and integrated marketing teams at Samsung Electronics America.

"Samsung Electronics America is well positioned to bring its knowledge and resources to Samsung Health & Medical Equipment and we are committed to a shared vision for a better and more complete healthcare experience," said Tod Pike, Senior Vice President of Samsung Electronics America, Inc., Enterprise Business Division. "We have a continuing interest and investment in the healthcare space and we now have an even greater opportunity for reaching our global growth goals. Samsung is proven as a world technology leader and our mission is to help arm healthcare providers with the tools they need to offer patients the best possible care."

"The combination of Samsung's unparalleled image processing and IT technologies with Samsung Medison America's industry-leading medical equipment will serve as the foundation for continuing innovation in medical technology," said Brian Keith, Director of Sales and GM of Samsung Health & Medical Equipment. "By upholding customer values as our top priority, Samsung Health & Medical Equipment will support fast, easy and accurate diagnosis through superior technologies and products. We look forward to aligning our expertise to support the Samsung vision to contribute to the growth of the medical equipment industry through our advanced technologies and improve the quality of people's lives."

Samsung's investment in Medison is a key element in Samsung's 2020 vision to explore new avenues of growth, including in healthcare business domain. The integration of Samsung Medison America will add 28 employees to Samsung's Enterprise Business Division, now under the Samsung Health & Medical Equipment Group and reporting directly into division head Tod Pike.


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Source: Copyright Business Wire 2012


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