One of the world’s foremost developers of home appliances and electronics systems is the Samsung Group, a conglomerate of many subsidiaries that is headquartered in the South Korean city of Seoul. The company has struck hard times of late, with Reuters reporting that the corporation plans to meet with shareholders to discuss strategies in the face of a 13 percent reduction in stock prices. However, its presence in the electronic device market has been strong as of late, and the company recently announced its plans to release a smartwatch device during the fall of 2013.


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