Samsung

Extracted Attributes

• Type

  Multinational manufacturing conglomerate, Chaebol

• Founded

  1938-03-01

• Founder

  Lee Byung-chul

• Headquarters

  Samsung Town, Seoul, South Korea

• Meaning of Name

  "Three stars" in Korean

• Initial Business

  Grocery trading company (noodles, other goods)

• Brand Value (2024)

  Fifth-highest globally

• Key Products/Sectors

  Food processing, textiles, insurance, securities, retail, electronics (consumer and industrial, including appliances, TVs, smartphones, semiconductors, memory chips, AMOLEDs, mobile phones, display monitors, computer printers, air conditioners, refrigerators, washing machines, medical devices, telecommunications networking equipment), construction, shipbuilding, life insurance, theme park operations, advertising

Timeline

• Samsung was founded as a grocery trading store by Lee Byung-chul in Taegu, Korea. (Source: Britannica)

  1938-03-01

• Over the next three decades, Samsung diversified into food processing, textiles, insurance, securities, and retail. (Source: Summary, Wikipedia, DBpedia)

  1938

• Samsung entered the electronics industry. (Source: Summary, Wikipedia, DBpedia)

  1960s

• Samsung expanded into the construction and shipbuilding sectors. (Source: Summary, Wikipedia, DBpedia)

  1970s

• Samsung Heavy Industries was founded. (Source: Web Search Results - Wikipedia snippet)

  1974-08

• Following the death of founder Lee Byung-chul, Samsung was divided into five business groups: Samsung Group, Shinsegae Group, CJ Group, Hansol Group, and JoongAng Group. (Source: Summary, Wikipedia, DBpedia)

  1987

• Samsung Heavy Industries was the world's second-largest shipbuilder by revenues. (Source: Wikipedia, DBpedia)

  2010

• Cheil Worldwide was ranked as the world's 15th-largest advertising agency by revenues. (Source: Wikipedia, DBpedia)

  2012

• Samsung Electronics became the world's largest information technology company, consumer electronics maker, and chipmaker by revenues. (Source: Wikipedia, DBpedia)

  2017

• Samsung Electronics celebrated its 50th anniversary and declared a new Corporate Social Responsibility (CSR) vision. (Source: Web Search Results - Samsung Jordan)

  2019

• Samsung holds the world's fifth-highest brand value. (Source: Summary, Wikipedia)

  2024

• Sam Altman, CEO of OpenAI, directly deals with Samsung to secure the supply chain for critical components like High-bandwidth memory (HBM) for the ongoing AI buildout. (Source: Related Documents)

  Recent

Samsung

Samsung Group (Korean: 삼성; pronounced [samsʌŋ]; stylised as SΛMSUNG) is a South Korean multinational manufacturing conglomerate headquartered in the Samsung Town office complex in Seoul. The group consists of numerous affiliated businesses, most of which operate under the Samsung brand, and is the largest chaebol (business conglomerate) in South Korea. As of 2024, Samsung has the world's fifth-highest brand value. Founded in 1938 by Lee Byung-chul as a trading company, Samsung diversified into various sectors, including food processing, textiles, insurance, securities, and retail, over the next three decades. In the late 1960s, Samsung entered the electronics industry, followed by the construction and shipbuilding sectors in the mid-1970s—areas that would fuel its future growth. After Lee died in 1987, Samsung was divided into five business groups: Samsung Group, Shinsegae Group, CJ Group, Hansol Group, and JoongAng Group. Key affiliates of Samsung include Samsung Electronics, the world's largest information technology company, consumer electronics maker and chipmaker by 2017 revenues; Samsung Heavy Industries, the world's second-largest shipbuilder by 2010 revenues; and Samsung Engineering and Samsung C&T Corporation, ranked 13th and 36th among global construction companies, respectively. Other significant subsidiaries are Samsung Life Insurance, the 14th-largest life insurance company globally, Samsung Everland, operator of Everland Resort (South Korea's oldest theme park), and Cheil Worldwide, the world's 15th-largest advertising agency by 2012 revenues.

Web Search Results

• Samsung - Wikipedia

  Samsung Group( (Korean: 삼성; pronounced( "Help:IPA/Korean"); stylised as SΛMSUNG) is a South Korean multinational manufacturing conglomerate "Conglomerate (company)") headquartered in the Samsung Town office complex in Seoul. The group consists of numerous affiliated businesses,( most of which operate under the Samsung brand, and is the largest _chaebol_ (business conglomerate) in South Korea. As of 2024,( Samsung has the world's fifth-highest brand value.( [...] Samsung Electronics is a multinational electronics and information technology company headquartered in Suwon and the flagship company of the Samsung Group.( Its products include air conditioners, computers, digitaltelevision sets, active-matrix organic light-emitting diodes (AMOLEDs), mobile phones, display monitors, computer printers "Printer (computing)"), refrigerators, semiconductors and telecommunications networking equipment.( It was the world's largest mobile phone maker by unit sales in [...] Samsung Heavy Industries is a shipbuilding and engineering company headquartered in Seoul, founded in August 1974. Its principal products are bulk carriers, container vessels, crude oil tankers, cruisers, passenger ferries, material handling equipment steel and bridge structures.( It achieved total revenues of 13,358.6 billion won in 2011 and is the world's second-largest shipbuilder by revenues (after Hyundai Heavy Industries).( It is listed on the Korea Exchange stock market (number 010140).

• Samsung | History, Consumer Products, Leadership, & Facts

  Samsung was founded as a grocery trading store on March 1, 1938, by Lee Byung-Chull. He started his business in Taegu, Korea, trading noodles and other goods produced in and around the city and exporting them to China and its provinces. (The company name, Samsung, came from the Korean for “three stars.”) After the Korean War, Lee expanded his business into textiles and opened the largest woolen mill in Korea. [...] Samsung specializes in producing a range of consumer and industrial electronics, including appliances, televisions, smartphones, semiconductors, memory chips, and integrated systems. Based in Suwon, South Korea, Samsung has become one of the most recognizable names in technology and is a major contributor to the country’s exports. ## Early years [...] Motorola, Inc. Hewlett-Packard Company Sony # Samsung South Korean company Written by Peter Bondarenko Peter Bondarenko Former Assistant Editor, Economics, Encyclopædia Britannica. Fact-checked by The Editors of Encyclopaedia Britannica The Editors of Encyclopaedia Britannica

• Samsung Electronics | Company Overview & News - Forbes

  Digital Appliances, Mobile eXperience, Networks, and Health & Medical Equipment; and DS (Device Solutions), which consists of Memory, System LSI, and Foundry businesses. Since Samsung’s founding in 1969, the company has followed a clear business philosophy: to devote its talent and technology to creating superior products and services that contribute to a better global society. To achieve this, Samsung sets a high value on its people and technologies. Samsung is committed to sustainable and [...] Samsung Electronics Co., Ltd. engages in the manufacturing and selling of electronics and computer peripherals. The company operates through following business divisions: Consumer Electronics, Information Technology & Mobile Communications and Device Solutions. The Consumer Electronics business division provides cable television, monitor, printer, air-conditioners, refrigerators, washing machines and medical devices. The Information Technology & Mobile Communications business division offers [...] Samsung Electronics Co., Ltd. engages in the manufacturing and selling of electronics and computer peripherals. The company operates through following business divisions: Consumer Electronics, Information Technology & Mobile Communications and Device Solutions. The Consumer Electronics business division provides cable television, monitor, printer, air-conditioners, refrigerators, washing machines and medical devices. The Information Technology & Mobile Communications business division offers

• Company Info | About Us | Samsung Jordan

  After posting record sales and operating profits the previous year, Samsung Electronics set its sights on a new challenge as it celebrated its 50th anniversary in 2019. Since then, Samsung has continually strived to become No. 1 in the system semiconductor industry while simultaneously driving growth in areas such as AI and 5G.The company has continued to innovate to remain a world leader in memory semiconductors, TVs, and smartphones. In 2019, Samsung also declared its new CSR vision: [...] Samsung is committed to complying with local laws and regulations as well as applying a strict global code of conduct to all employees. It believes that ethical management is not only a tool for responding to the rapid changes in the global business environment, but also a vehicle for building trust with its various stakeholders including customers, shareholders, employees, business partners and local communities. With an aim to become one of the most ethical companies In the world, Samsung [...] Shortly after its founding in 1969, Samsung Electronics quickly became one of South Korea’s leading manufacturers. Its early growth was attributed to the fact that the domestic consumer electronics industry was just starting to take off, and the company began exporting its products. During this time, Samsung also acquired Korea Semiconductor, the first wafer processing company to be established in Korea, paving the way for Samsung to become a leader in semiconductor manufacturing. ###### 1979

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• Instance Of

  Q4167410

The Samsung Group (or simply Samsung) (Korean: 삼성 [samsʌŋ]) is a South Korean multinational manufacturing conglomerate headquartered in Samsung Town, Seoul, South Korea. It comprises numerous affiliated businesses, most of them united under the Samsung brand, and is the largest South Korean chaebol (business conglomerate). As of 2020, Samsung has the eighth highest global brand value. Samsung was founded by Lee Byung-chul in 1938 as a trading company. Over the next three decades, the group diversified into areas including food processing, textiles, insurance, securities, and retail. Samsung entered the electronics industry in the late 1960s and the construction and shipbuilding industries in the mid-1970s; these areas would drive its subsequent growth. Following Lee's death in 1987, Samsung was separated into five business groups – Samsung Group, Shinsegae Group, CJ Group and Hansol Group, and Joongang Group. Notable Samsung industrial affiliates include Samsung Electronics (the world's largest information technology company, consumer electronics maker and chipmaker measured by 2017 revenues), Samsung Heavy Industries (the world's second largest shipbuilder measured by 2010 revenues), and Samsung Engineering and Samsung C&T Corporation (respectively the world's 13th and 36th largest construction companies). Other notable subsidiaries include Samsung Life Insurance (the world's 14th largest life insurance company), Samsung Everland (operator of Everland Resort, the oldest theme park in South Korea) and Cheil Worldwide (the world's 15th largest advertising agency, as measured by 2012 revenues).