Samsung

Samsung Group,[3] or simply Samsung (Korean: 삼성

[samsʌŋ]), is a South Korean multinational manufacturing
Samsung Group
conglomerate headquartered in Samsung Town, Seoul,
South Korea.[1] It comprises numerous affiliated
businesses,[1] most of them united under the Samsung
brand, and is the largest South Korean chaebol (business
conglomerate). As of 2020, Samsung has the eighth highest
global brand value.[4]

Samsung was founded by Lee Byung-chul in 1938 as a

trading company. Over the next three decades, the group
diversified into areas including food processing, textiles,
insurance, securities, and retail. Samsung entered the
Samsung Town in the Gangnam station
electronics industry in the late 1960s and the construction
and shipbuilding industries in the mid-1970s; these areas area of Seoul, South Korea
would drive its subsequent growth. Following Lee's death in Native name 삼성 (三星)
1987, Samsung was separated into five business groups  – Romanized samseong (samseong)
Samsung Group, Shinsegae Group, CJ Group and Hansol name
Group, and JoongAng Group.
Type Private
Notable Samsung industrial affiliates include Samsung Industry Conglomerate
Electronics (the world's largest information technology 1 March 1938 in
Founded
company, consumer electronics maker and chipmaker Daegu, Japanese
measured by 2017 revenues),[5][6] Samsung Heavy Korea
Industries (the world's second largest shipbuilder measured
Founder Lee Byung-chul
by 2010 revenues),[7] and Samsung Engineering and
Samsung C&T Corporation (respectively the world's 13th Headquarters 40th floor Samsung
and 36th largest construction companies).[8] Other notable Electronics Building,
subsidiaries include Samsung Life Insurance (the world's 11, Seocho-daero 74-
14th largest life insurance company),[9] Samsung Everland gil, Seocho District,
(operator of Everland Resort, the oldest theme park in Seoul, South Korea[1]
South Korea)[10] and Cheil Worldwide (the world's 15th Area served Worldwide
largest advertising agency, as measured by 2012 Key people Lee Jae-yong
revenues).[11][12] (Chairman)
Products Clothing, automotive,
Etymology chemicals, consumer
electronics, electronic
components, medical
equipment,
semiconductors, solid
state drives, DRAM,
flash memory, ships,
telecommunications
equipment, home
appliances[2]
Services Advertising,
construction,