Samsung was given governmental permission to test a self-driving car

Samsung Electronics has consistently reported substantial consolidated revenues, reflecting its position as a leading global technology company. In a recent fiscal year, Samsung reported consolidated revenues of 280 trillion KRW, equivalent to approximately $258 billion. This figure represents a significant increase from the previous fiscal year, where the company reported revenues of 220 trillion KRW, or about $172.5 billion. The growth in revenues can be attributed to various factors, including the expansion of its product lines, increased demand for consumer electronics, and strategic investments in research and development. Additionally, Samsung's diverse portfolio, which includes semiconductors, mobile devices, and home appliances, has allowed it to capture a wide market share across different sectors. The profits reported during this period were also notable, amounting to 30 trillion KRW, or around $27.6 billion, indicating a healthy profit margin and operational efficiency. It is important to note that these figures do not account for revenues generated by Samsung's subsidiaries located outside South Korea, which could further enhance the overall financial performance of the conglomerate.