Introduction:-
Samsung Company start and founded at 1938 in south korean. lee byung-chul is the owner for samsung company. As of 2024 samsung has the world’s largest fifth highest brand value. Samsung company is diversified into various sectors including food processing textile insurance securities and retail. In the 1960 samsung company of the manufacturing in electronic device and launch market with construction and shipbuilding sectors. In the 1970 is future growth. In 1987 lee byung-chul is died. After lee died samsung divided into five business group: Samsung group, shinsegae group, cj group, hansol group, jooang group.
In 2025 year Samsung company revnnue of 336.6 trillion and profit 43.6 trillion. The company is a global leader in semiconductors, smartphones, and consumer electronics. Samsung company is heavy industries this company is the largest shipbuilders globally. significant affiliates include Samsung life imsurance one of the largest life insurance companies in South Korea and an important shareholder within the group.
1980-1990 :-
In 1980 samsung acquired entered telecommunications hardware. The facility was developed into the telephone and Samsung’s mobile phone manufacturing. They have produced over 800 million mobile phones to date. Samsung Electronics began to invest heavily in research and development, investments that were pivotal in pushing the company to the forefront of the global electronics industry. In 1982 it built a television assembly plant in Portugal in 1984 a plant in New York in 1985, a plant in Tokyo in 1987,
This makes the Austin location the largest foreign investment inTexas and one of the largest single foreign investment in the United States. In 1987 United States International Trade Commission found that the Samsung Group of South Korea unlawfully sold computer chips in the United States without licenses from the chip inventor Texas Instruments Inc.
1990-2000 :-
Since 1990 Samsung has increasingly globalised its activities and electronics in particular, its mobile phones and semiconductors have become its most important source of income. Samsung started to rise as an international corporation in the 1990. Samsung became the world’s largest producer of memory chips in 1992 and is the world’s second-largest chipmaker after intel. Samsung grew to be the world’s largest manufacturer of liquid-crystal display panels. a facility in England and another facility in Austin Texas, in 1996.
Since 2000 :-
In 2000 Samsung opened a development center in Warsaw Poland. The smartphone platform was developed with partners, officially launched with the original Samsung Solstice. developed into Samsung Galaxy. The 2000 witnessed the birth of Samsung’s Galaxy smartphone series the company’s most-praised products but also were among the best-selling smartphones in the world. In 2006 samsung lcd was established between Samsung and sony manufacturing.
Since 2006 the company has been the top-selling global manufacturer of televisions. In 2010 to launch tablet and computer. As of 2012, Samsung has invested more than US$ 13 billion in the Austin facility, which operates under the name Samsung Austin Semiconductor. In 2013 to launch Samsung smart watches. In 2019 unique mobile launch in the biggest market for galaxy foldable mobile.
Since 2020 :-
In 2020 son Lee Jae-Yong formally assumed leadership of the Samsung Group and was appointed executive chair of Samsung Electronics in 2022. In 2023, Samsung announced its decision to reduce the production of memory chips. This action is on account of the company’s projected 96% decline in quarterly operating profit – a 600 million won decline from the 14 trillion won in 2022. The said drop can be attributed to the weak demand after COVID and a slowing global economy. Despite this decision, the company’s shares increased by more than 4%. Samsung has been the top two applicant for PCT filled parants in 2022 and 2023 worldwide.