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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

Samsung postpones Tizen smartphone launch in Russia

Ananth Baliga SUWON, South Korea, July 28 (UPI) -- Samsung is postponing the launch of its Tizen smartphone in Russia, dealing a small blow to the company's attempts to promote its operating system.

Samsung postpones launch of Tizen smartphone

Samsung Electronics Co. said Monday it is delaying sales of its first Tizen-powered smartphone in the latest setback to the company's ambition to create a mobile platform to rival Google's Android or Apple's iOS.

Samsung promises that Tizen, while plagued by setbacks, will still deliver

Samsung's bid to provide its own mobile operating system in addition to Android has faced numerous roadblocks in its years of development as the Korean electronics giant tries to compete with OS giants such as Google and Apple. 

Samsung delays Tizen smartphone sales launch

Samsung Electronics said Monday it would postpone the roll-out of its new smartphone based on Tizen, a home-grown operating system aimed at breaking away from Google's Android system. The delay is seen as a blow to Samsung's campaign to carve out a niche in mobile software and services, to complement its dominant hardware role. The Samsung Z, which has been specially developed by Samsung to run ...

Is the Samsung Z smartphone just delayed -- or doomed?

The launch of the Samsung Z, the first smartphone to run the Tizen OS, has been delayed indefinitely.

How The iWatch Could Be Apple?s Secret Weapon For Mobile Payments

Jivaldi An iWatch concept Apple?s first wearable may be different than other smartwatches and fitness trackers. While gadgets such as the Pebble, Jawbone, the Samsung Gear 2 and others are all about notifications and health tracking, Apple?s iWatch may also target a less sought after area of focus for wearables? mobile payments. Back in June, noted tech columnist Tim Bajarin proposed an ...

Samsung family struggles to keep grip on powerful chaebol

With Samsung Group's powerful patriarch entering his third month in a South Korean hospital, his family risks losing its grip on the conglomerate he built into a force from smartphones to life insurance.Lee Kun Hee, 72, took over...

Samsung to build $1B display factory in Vietnam

SEOUL, South Korea (AP) ? The display manufacturing unit of Samsung Electronics Co. said Thursday it secured approval from Vietnam to build a $1 billion factory in the Southeast Asian country.

The iWatch Could Be Apple's Secret Weapon For Mobile Payments

In addition to health and fitness, Apple's iWatch could make it much easier to make payments on the go. 

Why did Samsung have difficulty selling 3G phones in China?

China is in the middle of transitioning to the faster and more efficient 4G technology. This caused Samsung some problems in selling its older models based on 3G technology in the second quarter.


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