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    Samsung is a South Korean multinational conglomerate that produces a wide range of products and services, from consumer electronics to shipbuilding. Samsung was founded in 1938 by Lee Byung-chul as a trading company that exported goods to China and other countries. Over the next decades, Samsung diversified into various industries, such as food processing, textiles, insurance, securities, and retail
    Samsung entered the electronics industry in the late 1960s, and established several subsidiaries that focused on devices, components, semiconductors, and telecommunications. Samsung also expanded into the construction and shipbuilding sectors in the mid-1970s, becoming one of the world’s largest builders of ships and skyscrapers

    Some of the major milestones in Samsung’s history are:

    • 1970: Samsung produced its first black and white TV, and later introduced color TVs, refrigerators, air conditioners, and other home appliances
    • 1980: Samsung acquired a telecommunications company and started manufacturing phone systems, fax machines, and mobile phones
    • 1987: after the death of Lee Byung-chul, Samsung was restructured into five business groups: Samsung Group, Shinsegae Group, CJ Group, Hansol Group, and JoongAng Group
    • 1993: Samsung adopted a new logo and a new corporate identity, with the aim of becoming a global leader in the digital era
    • 1995: Samsung developed the world’s first 256-megabit DRAM chip, and later became the world’s largest producer of memory chips
    • 1999: Samsung launched the world’s first watch phone, and later introduced innovative products such as the Galaxy smartphone series, the Smart TV, and the Gear smartwatch
    • 2010: Samsung became the world’s largest seller of smartphones, surpassing Nokia
    • 2012: Samsung unveiled the Samsung Innovation Museum, a showcase of the company’s history and achievements in technology and innovation
    • 2016: Samsung acquired Harman International, a leading provider of connected car solutions, audio products, and professional services
    • 2019: Samsung celebrated its 50th anniversary, and announced its vision to become a leading innovator of the next era of technology

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