Economy of Mexico equipment and LCD modules. The Mexican electronics industry grew 20% between 2010 and 2011, up from its constant growth rate of 17% between 2003 and 2009. Currently electronics represent 30% of Mexico's exports. The design and manufacture of flat panel plasma, LCD and LED televisions is the single largest sector of the Mexican electronics industry, representing 25% of Mexico's electronics export revenue. In 2009 Mexico surpassed South Korea and China as the largest manufacturer of televisions, with Sony, Toshiba, Samsung, Sharp (through Semex), Zenith LG, Lanix, TCL, RCA, Phillips, Elcoteq, Tatung, Panasonic, and Vizio manufacturing CRT, LCD, LED and Plasma
Samsung Electronics largest television manufacturer since 2006, and the world's largest manufacturer of mobile phones since 2011. It is also the world's largest memory chips manufacturer. In July 2017, Samsung Electronics overtook Intel as the largest semiconductor chip maker in the world. Samsung, like many other South Korean family-run chaebols, has been criticized for low dividend payouts and other governance practices that favor controlling shareholders at the expense of ordinary investors. In 2012, Kwon Oh-hyun was appointed the company's CEO but announced in October 2017 that he would resign in March 2018, citing an "unprecedented crisis". Samsung Electric Industries was established as