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{{distinguish|Samsun}}
{{distinguish|Samsun}}
{{Infobox company
{{Infobox company
| name = Samsung
| name = Samsung
| logo = File:Samsung wordmark.svg
| logo = File:Samsung wordmark.svg
| image = Samsung headquarters.jpg
| image = Samsung headquarters.jpg
| image_caption = [[Samsung Town]] in the [[Gangnam Station]] area of [[Seoul]], [[South Korea]]
| image_caption = [[Samsung Town]] in the [[Gangnam Station]] area of [[Seoul]], [[South Korea]]
| founder = Lee Byung-chul
| founder = Lee Byung-chul
| area_served = Worldwide
| area_served = Worldwide
| key_people = Lee Kun-hee (Chairman)<br />Lee Jae-yong (Vice-Chairman)
| key_people = Lee Kun-hee (Chairman)<br />Lee Jae-yong (Vice-Chairman)
| industry = Conglomerate
| industry = Conglomerate
| products = Apparel, chemicals, [[consumer electronics]], electronic components, medical equipment, [[semiconductor]]s, solid state drives, [[DRAM]], [[ships]], telecommunications equipment, [[home appliance]]s<ref>{{cite web |url=http://www.samsung.com/us/showcase/smart-home-appliance-washer-dryer-and-refrigerators/ |title= Home and Kitchen Appliance showcase - Samsung |last= |first= |website= |publisher= |access-date= |quote=}}</ref>
| products = Apparel, chemicals, [[consumer electronics]], electronic components, medical equipment, [[semiconductor]]s, solid state drives, [[DRAM]], [[ships]], telecommunications equipment, [[home appliance]]s<ref>{{cite web |url=http://www.samsung.com/us/showcase/smart-home-appliance-washer-dryer-and-refrigerators/ |title= Home and Kitchen Appliance showcase - Samsung |last= |first= |website= |publisher= |access-date= |quote=}}</ref>
| services = Advertising, [[construction]], entertainment, [[financial services]], hospitality, information and communications technology, medical and health care services, [[retail]], [[shipbuilding]]
| services = Advertising, [[construction]], entertainment, [[financial services]], hospitality, information and communications technology, medical and health care services, [[retail]], [[shipbuilding]]
| revenue = {{Decrease}} [[United States dollar|US$]]305 billion (2015)<ref name="report">{{cite web|url=http://www.samsung.com/us/aboutsamsung/samsung_group/our_performance/|title=Samsung Financial Highlights |publisher=Samsung Group |accessdate=13 May 2015}}</ref>
| revenue = {{Decrease}} [[United States dollar|US$]]305 billion (2014)<ref name="report">{{cite web|url=http://www.samsung.com/us/aboutsamsung/samsung_group/our_performance/|title=Samsung Financial Highlights |publisher=Samsung Group |accessdate=13 May 2014}}</ref>
| operating_income =
| operating_income =
| net_income = {{Decrease}} US$22.1 billion (2015)<ref name="report" />
| net_income = {{Decrease}} US$22.1 billion (2014)<ref name="report" />
| assets = {{Increase}} US$529.5 billion (2015)<ref name="report" />
| assets = {{Increase}} US$529.5 billion (2014)<ref name="report" />
| equity = {{Increase}} US$231.2 billion (2015)<ref name="report" />
| equity = {{Increase}} US$231.2 billion (2014)<ref name="report" />
| num_employees = 489,000 (2015)<ref name="report" />
| num_employees = 489,000 (2014)<ref name="report" />
| divisions = Samsung Electronics<br />Samsung C&T Corporation<br />Samsung Heavy Industries<br />Samsung SDS<br />Samsung Life Insurance<br />Samsung Fire & Marine Insurance<br />Cheil Worldwide
| divisions = Samsung Electronics<br />Samsung C&T Corporation<br />Samsung Heavy Industries<br />Samsung SDS<br />Samsung Life Insurance<br />Samsung Fire & Marine Insurance<br />Cheil Worldwide
| foundation = {{start date and age|df=yes|1998|1}}<br />[[Daegu]], [[Korea under Japan rule|South Korea]]
| foundation = {{start date and age|df=yes|1938|3|1}}<br />[[Daegu]], [[Korea under Japanese rule|South Korea]]
}}
}}


'''Samsung Group''' is a [[South Korea]]n [[Multinational corporation|multinational]] conglomerate headquartered in Samsung Town, [[Seoul]].<ref name="samsung.co.kr">{{cite web|url=http://samsung.co.kr/about/affiliate.do|title=삼성계열사 전자 - 삼성그룹 홈페이지|url-status=dead|archiveurl=https://web.archive.org/web/20160920104601/http://samsung.co.kr/about/affiliate.do|archivedate=20 September 2016|df=dmy-all}}</ref> It comprises numerous affiliated businesses,<ref name="samsung.co.kr" /> most of them united under the ''Samsung'' brand, and is the largest South Korean ''chaebol'' (business conglomerate). '''Samsung''' is a large worldwide [[company]] based in [[Seoul]]. ''Samsung'' means "two [[star]]s" in [[Korean language|Korean]].
'''Samsung Group''' is a [[South Korea]]n [[Multinational corporation|multinational]] conglomerate headquartered in Samsung Town, [[Seoul]].<ref name="samsung.co.kr">{{cite web|url=http://samsung.co.kr/about/affiliate.do|title=삼성계열사 전자 - 삼성그룹 홈페이지|url-status=dead|archiveurl=https://web.archive.org/web/20160920104601/http://samsung.co.kr/about/affiliate.do|archivedate=20 September 2016|df=dmy-all}}</ref> It comprises numerous affiliated businesses,<ref name="samsung.co.kr" /> most of them united under the ''Samsung'' brand, and is the largest South Korean ''chaebol'' (business conglomerate). '''Samsung''' is a large worldwide [[company]] based in [[Seoul]]. ''Samsung'' means "three [[star]]s" in [[Korean language|Korean]].


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 four business groups&nbsp;– Samsung Group, [[Shinsegae]] Group, CJ Group and Hansol Group. Since 1990, Samsung has increasingly globalised its activities and electronics; in particular, its mobile phones and semiconductors have become its most important source of income.
Samsung was founded by Lee Byung-chul in 1998 as a trading company. Over the next two


Notable Samsung industrial affiliates include Samsung Electronics (the world's 2nd largest information technology company measured by 2018 revenues, and 5th in market value),<ref>{{cite magazine |title=Bangladesh and development: The path through the fields |url=https://www.economist.com/news/briefing/21565617-bangladesh-has-dysfunctional-politics-and-stunted-private-sector-yet-it-has-been-surprisingly |work=The Economist |accessdate=2 October 2013 |date=3 November 2012 |quote=Samsung now has around 80 companies and is the world’s largest information-technology firm.}}</ref> Samsung Heavy Industries (the world's 2nd largest shipbuilder measured by 2016 revenues),<ref>{{cite news|last=Park |first=Kyunghee |url=https://www.bloomberg.com/apps/news?pid=newsarchive&sid=aO0FeeTB6_0Y |archive-url=https://web.archive.org/web/20110924131022/http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aO0FeeTB6_0Y |url-status=dead |archive-date=24 September 2011 |title=July 29 (Bloomberg) – Samsung Heavy Shares Gain on Shell's Platform Orders (Update1) |publisher=Bloomberg |date=28 July 2009 |accessdate=11 November 2010}}</ref> and Samsung Engineering and Samsung C&T (respectively the world's 13th and 36th largest construction companies).<ref>{{cite web|url=http://enr.construction.com/toplists/InternationalContractors/001-100.asp |title=The Top 225 International Contractors 2013 |publisher=Enr.construction.com |accessdate=25 August 2013}}</ref> Other notable subsidiaries include Samsung Life Insurance (the world's 14th largest life insurance company),<ref>{{cite news|url=http://money.cnn.com/magazines/fortune/global500/2009/industries/183/index.html |title=Global 500 2009: Industry: - FORTUNE on CNNMoney.com |publisher=Money.cnn.com |date=20 July 2009 |accessdate=4 September 2010}}</ref> Samsung Everland (operator of Everland Resort, the oldest [[theme park]] in South Korea)<ref>{{cite news|url=https://www.forbes.com/2002/03/21/0321feat_6.html|title= The World's Best Amusement Parks |publisher=Forbes.com|date=21 March 2002 |accessdate=11 September 2010|first=Christina|last=Valhouli}}</ref> and Cheil Worldwide (the world's 15th largest advertising agency measured by 2017 revenues).<ref>{{cite web|url=http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=030000:KS |title=Cheil Worldwide Inc (030000:Korea SE) |publisher=businessweek.com |accessdate=16 September 2010 |url-status=dead |archiveurl=https://web.archive.org/web/20121005152815/http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=030000:KS |archivedate=5 October 2012 }}</ref><ref>{{cite web|url=http://www.kdbdw.com/bbs/download/162067.pdf?attachmentId=162067|title=Cheil Worldwide (030000 KS)|publisher=kdbdw.com |date=26 April 2010 |accessdate=8 May 2013}}</ref>
Notable Samsung industrial affiliates include Samsung Electronics (the world's 2nd largest information technology company measured by 2015 revenues, and 5th in market value),<ref>{{cite magazine |title=Bangladesh and development: The path through the fields |url=https://www.economist.com/news/briefing/21565617-bangladesh-has-dysfunctional-politics-and-stunted-private-sector-yet-it-has-been-surprisingly |work=The Economist |accessdate=2 October 2013 |date=3 November 2012 |quote=Samsung now has around 80 companies and is the world’s largest information-technology firm.}}</ref> Samsung Heavy Industries (the world's 2nd largest shipbuilder measured by 2010 revenues),<ref>{{cite news|last=Park |first=Kyunghee |url=https://www.bloomberg.com/apps/news?pid=newsarchive&sid=aO0FeeTB6_0Y |archive-url=https://web.archive.org/web/20110924131022/http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aO0FeeTB6_0Y |url-status=dead |archive-date=24 September 2011 |title=July 29 (Bloomberg) – Samsung Heavy Shares Gain on Shell's Platform Orders (Update1) |publisher=Bloomberg |date=28 July 2009 |accessdate=11 November 2010}}</ref> and Samsung Engineering and Samsung C&T (respectively the world's 13th and 36th largest construction companies).<ref>{{cite web|url=http://enr.construction.com/toplists/InternationalContractors/001-100.asp |title=The Top 225 International Contractors 2013 |publisher=Enr.construction.com |accessdate=25 August 2013}}</ref> Other notable subsidiaries include Samsung Life Insurance (the world's 14th largest life insurance company),<ref>{{cite news|url=http://money.cnn.com/magazines/fortune/global500/2009/industries/183/index.html |title=Global 500 2009: Industry: - FORTUNE on CNNMoney.com |publisher=Money.cnn.com |date=20 July 2009 |accessdate=4 September 2010}}</ref> Samsung Everland (operator of Everland Resort, the oldest [[theme park]] in South Korea)<ref>{{cite news|url=https://www.forbes.com/2002/03/21/0321feat_6.html|title= The World's Best Amusement Parks |publisher=Forbes.com|date=21 March 2002 |accessdate=11 September 2010|first=Christina|last=Valhouli}}</ref> and Cheil Worldwide (the world's 15th largest advertising agency measured by 2012 revenues).<ref>{{cite web|url=http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=030000:KS |title=Cheil Worldwide Inc (030000:Korea SE) |publisher=businessweek.com |accessdate=16 September 2010 |url-status=dead |archiveurl=https://web.archive.org/web/20121005152815/http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=030000:KS |archivedate=5 October 2012 }}</ref><ref>{{cite web|url=http://www.kdbdw.com/bbs/download/162067.pdf?attachmentId=162067|title=Cheil Worldwide (030000 KS)|publisher=kdbdw.com |date=26 April 2010 |accessdate=8 May 2013}}</ref>


Samsung has a powerful influence on South Korea's economic development, politics, media and culture and has been a major driving force behind the "Miracle on the Han River".<ref>{{cite news|url=http://www.economist.com/node/21530984|title=Samsung and its attractions – Asia's new model company|accessdate=11 January 2012|publisher=The Economist|date=1 October 2011}}</ref><ref>{{cite news|url=http://www.economist.com/node/21538104|title=South Korea's economy – What do you do when you reach the top?|accessdate=11 January 2012|publisher=The Economist|date=12 November 2011 }}</ref> Its affiliate companies produce around a fifth of South Korea's total exports.<ref name="Hutson">{{cite news|url=http://business.timesonline.co.uk/tol/business/industry_sectors/technology/article3764352.ece|title=Samsung chairman charged with tax evasion – Times Online|last=Hutson|first=Graham|author2=Richards, Jonathan |date=17 April 2008|work=[[The Times]]|accessdate=28 February 2011|location=London}}</ref> Samsung's revenue was equal to 17% of South Korea's $1,082 billion GDP.<ref>[http://www.businessweek.com/articles/2013-04-04/shell-glencore-and-other-multinationals-dominate-their-home-economies ''Shell, Glencore, and Other Multinationals Dominate Their Home Economies''] 4 April 2013 BusinessWeek</ref>
Samsung has a powerful influence on South Korea's economic development, politics, media and culture and has been a major driving force behind the "Miracle on the Han River".<ref>{{cite news|url=http://www.economist.com/node/21530984|title=Samsung and its attractions – Asia's new model company|accessdate=11 January 2012|publisher=The Economist|date=1 October 2011}}</ref><ref>{{cite news|url=http://www.economist.com/node/21538104|title=South Korea's economy – What do you do when you reach the top?|accessdate=11 January 2012|publisher=The Economist|date=12 November 2011 }}</ref> Its affiliate companies produce around a fifth of South Korea's total exports.<ref name="Hutson">{{cite news|url=http://business.timesonline.co.uk/tol/business/industry_sectors/technology/article3764352.ece|title=Samsung chairman charged with tax evasion – Times Online|last=Hutson|first=Graham|author2=Richards, Jonathan |date=17 April 2008|work=[[The Times]]|accessdate=28 February 2011|location=London}}</ref> Samsung's revenue was equal to 17% of South Korea's $1,082 billion GDP.<ref>[http://www.businessweek.com/articles/2013-04-04/shell-glencore-and-other-multinationals-dominate-their-home-economies ''Shell, Glencore, and Other Multinationals Dominate Their Home Economies''] 4 April 2013 BusinessWeek</ref>
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Samsung also is the [[sponsor]] of several sports teams, such as the [[Chelsea F.C.|Chelsea Football Club]].
Samsung also is the [[sponsor]] of several sports teams, such as the [[Chelsea F.C.|Chelsea Football Club]].


In December 2020 the company announced a launch of new 5G smartphone, which took place in 2021<ref>{{cite news|url=https://techcrunch.com/2018/12/03/samsung-will-release-a-5g-phone-in-2019/|title=Samsung will release a 5G phone in 2019|work=TechCrunch|access-date=2018-12-04|language=en-US}}</ref>
In December 2018 the company announced a launch of new 5G smartphone, which took place in 2019.<ref>{{cite news|url=https://techcrunch.com/2018/12/03/samsung-will-release-a-5g-phone-in-2019/|title=Samsung will release a 5G phone in 2019|work=TechCrunch|access-date=2018-12-04|language=en-US}}</ref>


==Name==
==Name==

Revision as of 09:09, 13 October 2021

Not to be confused with Samsun.
Samsung
IndustryConglomerate
Founded1 March 1938; 86 years ago (1938-03-01)
Daegu, South Korea
FounderLee Byung-chul
Headquarters
South Korea Edit this on Wikidata
Area served
Worldwide
Key people
Lee Kun-hee (Chairman)
Lee Jae-yong (Vice-Chairman)
ProductsApparel, chemicals, consumer electronics, electronic components, medical equipment, semiconductors, solid state drives, DRAM, ships, telecommunications equipment, home appliances[1]
ServicesAdvertising, construction, entertainment, financial services, hospitality, information and communications technology, medical and health care services, retail, shipbuilding
RevenueDecrease US$305 billion (2014)[2]
Decrease US$22.1 billion (2014)[2]
Total assetsIncrease US$529.5 billion (2014)[2]
Total equityIncrease US$231.2 billion (2014)[2]
Number of employees
489,000 (2014)[2]
DivisionsSamsung Electronics
Samsung C&T Corporation
Samsung Heavy Industries
Samsung SDS
Samsung Life Insurance
Samsung Fire & Marine Insurance
Cheil Worldwide

Samsung Group is a South Korean multinational conglomerate headquartered in Samsung Town, Seoul.[3] It comprises numerous affiliated businesses,[3] most of them united under the Samsung brand, and is the largest South Korean chaebol (business conglomerate). Samsung is a large worldwide company based in Seoul. Samsung means "three stars" in Korean.

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 four business groups – Samsung Group, Shinsegae Group, CJ Group and Hansol Group. Since 1990, Samsung has increasingly globalised its activities and electronics; in particular, its mobile phones and semiconductors have become its most important source of income.

Notable Samsung industrial affiliates include Samsung Electronics (the world's 2nd largest information technology company measured by 2015 revenues, and 5th in market value),[4] Samsung Heavy Industries (the world's 2nd largest shipbuilder measured by 2010 revenues),[5] and Samsung Engineering and Samsung C&T (respectively the world's 13th and 36th largest construction companies).[6] Other notable subsidiaries include Samsung Life Insurance (the world's 14th largest life insurance company),[7] Samsung Everland (operator of Everland Resort, the oldest theme park in South Korea)[8] and Cheil Worldwide (the world's 15th largest advertising agency measured by 2012 revenues).[9][10]

Samsung has a powerful influence on South Korea's economic development, politics, media and culture and has been a major driving force behind the "Miracle on the Han River".[11][12] Its affiliate companies produce around a fifth of South Korea's total exports.[13] Samsung's revenue was equal to 17% of South Korea's $1,082 billion GDP.[14]

Samsung has many different businesses. It makes mobile phones, cameras and other electronics. 'Samsung Electronics' who sell Samsung Galaxy products. Samsung is the best known South Korean brand in the world.

Samsung also is the sponsor of several sports teams, such as the Chelsea Football Club.

In December 2018 the company announced a launch of new 5G smartphone, which took place in 2019.[15]

Name

According to Samsung's founder, the meaning of the Korean hanja word Samsung (三星) is "tri-star" or "three stars". The word "three" represents something "big, numerous and powerful".[16]

History of logos (gallery)

  • First Samsung logo.
    First Samsung logo.
  • 1960s-1993, as corporate logo
    1960s-1993, as corporate logo
  • 1970s
    1970s
  • 1980-1993, as Samsung Electronics logo
    1980-1993, as Samsung Electronics logo
  • 1993-2013, though still used by other Samsung companies than its electronics segment.
    1993-2013, though still used by other Samsung companies than its electronics segment.
  • Samsung's wordmark and current corporate logo.
    Samsung's wordmark and current corporate logo.

Other websites

Wikimedia Commons has media related to Samsung.

References

  1. ↑ "Home and Kitchen Appliance showcase - Samsung".
  2. ↑ 2.0 2.1 2.2 2.3 2.4 "Samsung Financial Highlights". Samsung Group. Retrieved 13 May 2014.
  3. ↑ 3.0 3.1 "삼성계열사 전자 - 삼성그룹 홈페이지". Archived from the original on 20 September 2016.
  4. ↑ "Bangladesh and development: The path through the fields". The Economist. 3 November 2012. Retrieved 2 October 2013. Samsung now has around 80 companies and is the world's largest information-technology firm.
  5. ↑ Park, Kyunghee (28 July 2009). "July 29 (Bloomberg) – Samsung Heavy Shares Gain on Shell's Platform Orders (Update1)". Bloomberg. Archived from the original on 24 September 2011. Retrieved 11 November 2010.
  6. ↑ "The Top 225 International Contractors 2013". Enr.construction.com. Retrieved 25 August 2013.
  7. ↑ "Global 500 2009: Industry: - FORTUNE on CNNMoney.com". Money.cnn.com. 20 July 2009. Retrieved 4 September 2010.
  8. ↑ Valhouli, Christina (21 March 2002). "The World's Best Amusement Parks". Forbes.com. Retrieved 11 September 2010.
  9. ↑ "Cheil Worldwide Inc (030000:Korea SE)". businessweek.com. Archived from the original on 5 October 2012. Retrieved 16 September 2010.
  10. ↑ "Cheil Worldwide (030000 KS)" (PDF). kdbdw.com. 26 April 2010. Retrieved 8 May 2013.
  11. ↑ "Samsung and its attractions – Asia's new model company". The Economist. 1 October 2011. Retrieved 11 January 2012.
  12. ↑ "South Korea's economy – What do you do when you reach the top?". The Economist. 12 November 2011. Retrieved 11 January 2012.
  13. ↑ Hutson, Graham; Richards, Jonathan (17 April 2008). "Samsung chairman charged with tax evasion – Times Online". The Times. London. Retrieved 28 February 2011.
  14. ↑ Shell, Glencore, and Other Multinationals Dominate Their Home Economies 4 April 2013 BusinessWeek
  15. ↑ "Samsung will release a 5G phone in 2019". TechCrunch. Retrieved 2018-12-04.
  16. ↑ "한국 10대 그룹 이름과 로고의 의미". www.koreadaily.com. 10 July 2006. Archived from the original on 29 April 2011. Retrieved 19 September 2010.
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