Samsung was founded around 1969, and one of its subsidiaries, Samsung Electronics Co. Ltd. is one of the largest electronics companies in the world. Based around Daegu, South Korea, it operates in in 58 countries & has across 208,000 workers. A turnover within 2003 was about 101.7 billion USD. Samsung is recognized when existence one of a top Ten brands in the globe.

Now, Samsung Electronics operates inside Quint business areas, viz. Telecommunications (Upwardly mobile Handsets & Network), Digital & Household appliance (including automatic washer, microwave ovens, icebox, VHS & DVD players, etc), Digital Media, LCD, & Semiconductors.

Samsung (meaning "three stars" or even "tristar" within Korean) was founded by Lee Byungchul. Samsung Electronics is the flagship section of The Samsung Class action.

Samsung is one of a big South Korean conglomerates ("chaebol"). It began as an exportation company within 1938 but soon diversified.

Subsidiaries of the Samsung Group

Electronics industries
[http://en.wikipedia.org/w/index.php?title=Samsung_Electronics&oldid=22650840 SAMSUNG Electronics] SAMSUNG Electro-Mechanics [http://samsungsdi.co.kr SAMSUNG SDI] SAMSUNG Corning [http://www.sds.samsung.com SAMSUNG SDS] SAMSUNG Networks SAMSUNG Corning Preciseness Glass

Machinery and heavy industries
SAMSUNG Heavily Industries SAMSUNG Techwin

Chemical industries
SAMSUNG Number PETROCHEMICALS SAMSUNG Petrochemicals SAMSUNG BP chemicals SAMSUNG Fine Chemicals Cheil Industries

Financial services
SAMSUNG Life Insurance(Korean) SAMSUNG Fire & Marine Insurance SAMSUNG Card, SAMSUNG Securities SAMSUNG Capital SAMSUNG Investment Trust Management SAMSUNG Venture Investment

History
1950s - 1980s
1953: Samsung started sugar production, which has since ended 1958: Samsung starts offering insurance 1965: A emporium opened around Kwanjou. 1967: Samsung started a Joong-Ang Ilbo daily newspaper. Now this newspaper has there are no affiliation by using a company. 1969: Samsung Electronics founded 1974: Samsung Petrochemical and Heavily Industries based. 1976: The company was awarded an exportation prize per government as a section of the united states's development programme. 1977: As a result of their exportation prize, Samsung Construction emerged. Additionally, Samsung Shipbuilding has formed. 1982: Samsung established a broker baseball team. 1983: Samsung produced its first computer chip: a 64k DRAM. Towards a prevent of the 1980's, Samsung pushed its efforts inside petrochemicals and electronics.

The 1990s and present
A 1990s saw Samsung rise as an international corporation. Non merely lie with get a total of businesses overseas, however likewise began leading the way around certain electronic components. Samsung's construction branch was awarded a contract to build one of them Petronas Towers in Malaysia in September 1993.

Samsung survived a Asian financial crisis of 1997-98 relatively unhurt. It has saved expanding since so. Samsung's [http://www.brandchannel.com/features_effect.asp?pf_id=168 brand strength] has improved imposingly in the survive couple of years, despite an [http://news.bbc.co.uk/2/hi/asia-pacific/3253034.stm environment of scandal] and [http://www.cnn.com/2003/WORLD/asiapcf/east/11/26/skorea.scandal.starve.reut/ political intrigue].

Samsung is nowadays one of a leading manufacturers inside plasma displays, although it has struggled by using building an image of existence an trailblazer created by legal argument ended [http://msnbc.msn.com/id/4685848/ patent infringements with companies] like Fujitsu [http://www.reed-electronics.com/electronicnews/article/CA409121?pubdate=04%2F04%2F2004 who claim to have created plasma display technology first]. Samsung hwhen besides faced contention within Korea for its policies towards workers, described by occasionally as [http://english.chosun.com/w21data/html/news/200505/200505030026.html anti-worker], although such claims come widely disputed.

Samsung Electronics saw record successfully & revenue inside 2004, & inside 2005, overtook Sony as one of the worlds virtually all valuable brands, & is currently graded #20 in the globe.