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Samsung History

Unlike other electronic companies Samsung origins were not involving electronics but other products.

In 1938 the Samsung's founder Byung-Chull Lee set up a trade export company in Korea, selling fish, vegetables, and fruit to China. Within a decade Samusng had flour mills and confectionary machines and became a co-operation in 1951. Humble beginnings.

From 1958 onwards Samsung began to expand into other industries such as financial, media, chemicals and ship building throughout the 1970's. In 1969, Samsung Electronics was established producing what Samsung is most famous for, Televisions, Mobile Phones (throughout 90's), Radio's, Computer components and other electronics devices.

1987 founder and chairman, Byung-Chull Lee passed away and Kun-Hee Lee took over as chairman. In the 1990's Samsung began to expand globally building factories in the US, Britain, Germany, Thailand, Mexico, Spain and China until 1997.

In 1997 nearly all Korean businesses shrunk in size and Samsung was no exception. They sold businesses to relieve debt and cut employees down lowering personnel by 50,000. But thanks to the electronic industry they managed to curb this and continue to grow.

The history of Samsung and mobile phones stretches back to over 10 years. In 1993 Samsung developed the 'lightest' mobile phone of its era. The SCH-800 and it was available on CDMA networks.

Then they developed smart phones and a phone combined mp3 player towards the end of the 20th century. To this date Samsung are dedicated to the 3G industry. Making video,camera phones at a speed to keep up with consumer demand. Samsung has made steady growth in the mobile industry and are currently second but competitor Nokia is ahead with more than 100% increase in shares.



LATEST SAMSUNG NEWS
samsung mobile phones - Yahoo News Search Results
samsung mobile phones - Yahoo News Search Results

Big unveil for Samsung, Apple begins Wednesday

While Apple may unveil larger phones, its biggest iPad and a move into wearables at an event in California next week, rival Samsung is first up to bat this week with what will likely be the latest of its big screen devices ? the Galaxy Note 4. Press invitations to simultaneous launches on Wednesday in New York, Berlin and Beijing say ?note the date,? hinting that Samsung will display the fourth ...

Samsung's shipbuilding, engineering units to merge

The shipbuilding and engineering units of South Korea's Samsung group said on Monday they would merge, as the family-run giant gears up for generational ownership succession. The board members of Samsung Heavy Industries, the world's third-largest shipmaker, and Samsung Engineering had approved the tie-up via a share swap, said a joint statement. Samsung Heavy focuses on shipbuilding and ...

Samsung's shipbuilding and engineering units to merge

(MENAFN - Arab News) SEOUL: The shipbuilding and engineering units of South Korea's Samsung group said they would merge as the family-run giant gears up for generational ownership ...

Samsung needs a hit with Galaxy Note 4

Which smartphone is biggest and best? Competition is about to heat up

Samsung's shipbuilding, engineering merge

The shipbuilding and engineering units of South Korea's Samsung group will merge, as the family-run giant gears up for generational ownership succession.

Does Samsung need crisis management?

Samsung Electronics is in dire need of crisis management, analysts say, as ineffective product differentiation sparks margin erosion and a decline in market share.

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Samsung will launch the first smartphone based on its Tizen platform in the July-September quarter this year.

Samsung to merge shipbuilding, engineering units

The shipbuilding and engineering units of South Korea's Samsung group said Monday they would merge, as the family-run giant gears up for generationa...

Samsung unveils Gear S, a smartwatch with curved display

The Tizen-based smartwatch sports a 2-inch super AMOLED display and 3G connectivity.>

Why Galaxy Note 4 is a must-win for Samsung. Hint: Big-screen iPhone

Apple is expected to launch its own big-screen smartphones a week after Samsung's Unpacked event, putting more pressure on the Korean electronics giant.>


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