What is Samsung?

Samsung is a South Korean company originally founded as a grocery trading store by Lee Byung-Chull in March 1938. The company forayed in the electronics industry in 1969 and its first electronic product was a black-and-white television. Soon, the company also started exporting its products and became a major electronic manufacturer in its home country. In 1970, the company acquired a 50 per cent stake in Korea Semiconductor.

 

Witnessing a rapid expansion in the early 1980s, the company established separate branches for its various electronics businesses. It is at this time that the company also made investments in two research &