South Korea’s Samsung Electronics Company became the world’s first electronics maker to release three-dimensional LED televisions. Because innovation and speed to market are critical to Samsung’s success, the company encourages collaboration and cooperation among employees within the organization and among its business partners all along the supply chain. At 42 research facilities throughout the world, teams of researchers and engineers collaborate on emerging core technologies. Within its divisions, Samsung uses cross functional product development teams to commercialize products scheduled for release within one or two years.
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