• Samsung, founded in 1938 by Lee Byung-chul in South Korea, has grown into one of the world’s most prominent
nt and diversified conglomerates. Initially a trading
company, Samsung entered the electronics industry in the 1960s and has since become synonymous with cutting-edge technology and innovation. The company
is particularly well-known for its consumer electronics, including smartphones, TVs, home appliances, and semiconductors.
• The Samsung Electronics division, established in 1969, is the crown jewel of the company. It is a global leader in several markets, most notably mobile devices and
memory chips. Samsung’s Galaxy series of smartphones, launched in 2010, has become a strong competitor to Apple's iPhone, offering a wide range of devices to
cater to different consumer needs. Its innovative foldable smartphones, such as the Galaxy Z Fold and Z Flip, have pushed the boundaries of design and
functionality in the mobile industry.
• In the semiconductor field, Samsung is one of the largest producers of memory chips, including DRAM and NAND flash, which are essential components in
modern computing and storage devices. The company also manufactures processors and display technologies, including its widely acclaimed AMOLED screens
used in smartphones and other devices.
• Samsung is not limited to consumer electronics and semiconductors. The conglomerate’s diverse portfolio includes construction (Samsung C&T), shipbuilding
(Samsung Heavy Industries), and financial services. Samsung also played a major role in constructing iconic projects such as the Burj Khalifa in Dubai and the
Petronas Towers in Malaysia.
• Known for its emphasis on research and development, Samsung invests billions annually to stay at the forefront of technological innovation. It has expanded into
emerging fields such as artificial intelligence (AI), 5G connectivity, and biotechnology. The company is also working on sustainable initiatives, focusing on energy-
efficient products and renewable energy sources.
• Despite its success, Samsung has faced challenges over the years, including legal and ethical controversies and intense competition in the tech industry. The 2016
Galaxy Note 7 battery issue, which led to a global recall, was a significant setback but demonstrated Samsung’s commitment to consumer safety and
accountability.
• Headquartered in Suwon, South Korea, Samsung is a vital contributor to the country’s economy, accounting for a significant portion of its GDP. The company
employs hundreds of thousands of people globally and has a strong presence in over 70 countries.
• Under the leadership of its executives, Samsung continues to innovate and diversify its offerings, maintaining its position as a technology leader. Its vision for the
future includes advancing technologies that enhance connectivity, improve user experience, and contribute to a more sustainable world. Whether through its
flagship smartphones, cutting-edge semiconductors, or futuristic innovations, Samsung remains a dominant force shaping the global technology landscape.
