samsung company info

7/23/2019 Samsung Company Info

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Samsung company info

South South Korean multinational conglomerate company headquartered in Samsung Town, Seoul.

It comprises numerous subsidiaries and affiliated businesses, most of them united under the Samsung

brand, and is the largest South Korean chaebol (business conglomerate). Samsung was founded by Lee

yung!chul in "#$% as a trading company. &'er the net three decades, the group di'ersified into areas

including food processing, tetiles, insurance, securities and retail. Samsung entered the electronics

industry in the late "#*s and the construction and shipbuilding industries in the mid!"#+*s these areas

would dri'e its subsequent growth. -ollowing Lees death in "#%+, Samsung was separated into four

business groups / Samsung 0roup, Shinsegae 0roup, 12 0roup and 3ansol 0roup. Since "##*s,

Samsung has increasingly globali4ed its acti'ities and electronics, particularly mobile phones and

semiconductors, ha'e become its most important source of income.

5otable Samsung industrial subsidiaries include Samsung 6lectronics (the worlds largest information

technology company measured by 7*"7 re'enues, and 8th in mar9et 'alue), Samsung 3ea'y Industries

(the worlds 7nd!largest shipbuilder measured by 7*"* re'enues), and Samsung 6ngineering and Samsung

1:T (respecti'ely the worlds "$th and $th!largest construction companies). &ther notable subsidiaries

include Samsung Life Insurance (the worlds "8th!largest life insurance company),Samsung 6'erland

(operator of 6'erland ;esort, the oldest theme par9 in South Korea)orldwide (the worlds

"?th!largest ad'ertising agency measured by 7*"7 re'enues). Samsung has a powerful influence on South

Koreas economic de'elopment, politics, media and culture and has been a ma@or dri'ing force behind the

ABiracle on the 3an ;i'erA. Its affiliate companies produce around a fifth of South Koreas total eports.

Samsungs re'enue was equal to "+C of South Koreas D",*%7 billion 0EF.

Industry 1onglomerate

Founded "#$% ++ years ago

Founder Lee yung!chul

Headquarters Seoul, South Korea

Area served >orldwide

Key people

Lee Kun!hee

(1hairmanofSamsung 6lectronics)

&h!3yun Kwon

(16&of Samsung)

Products Gpparel, chemicals,consumer

electronics, electronic components,

medical equipment, semiconductors,
https://en.wikipedia.org/wiki/Conglomerate_(company)https://en.wikipedia.org/wiki/Lee_Byung-chulhttps://en.wikipedia.org/wiki/Seoulhttps://en.wikipedia.org/wiki/South_Koreahttps://en.wikipedia.org/wiki/Lee_Kun-heehttps://en.wikipedia.org/wiki/Chairmanhttps://en.wikipedia.org/wiki/Samsung_Electronicshttps://en.wikipedia.org/wiki/Samsung_Electronicshttps://en.wikipedia.org/wiki/Oh-Hyun_Kwonhttps://en.wikipedia.org/wiki/CEOhttps://en.wikipedia.org/wiki/CEOhttps://en.wikipedia.org/wiki/Consumer_electronicshttps://en.wikipedia.org/wiki/Consumer_electronicshttps://en.wikipedia.org/wiki/Consumer_electronicshttps://en.wikipedia.org/wiki/Semiconductorhttps://en.wikipedia.org/wiki/Lee_Byung-chulhttps://en.wikipedia.org/wiki/Seoulhttps://en.wikipedia.org/wiki/South_Koreahttps://en.wikipedia.org/wiki/Lee_Kun-heehttps://en.wikipedia.org/wiki/Chairmanhttps://en.wikipedia.org/wiki/Samsung_Electronicshttps://en.wikipedia.org/wiki/Oh-Hyun_Kwonhttps://en.wikipedia.org/wiki/CEOhttps://en.wikipedia.org/wiki/Consumer_electronicshttps://en.wikipedia.org/wiki/Consumer_electronicshttps://en.wikipedia.org/wiki/Semiconductorhttps://en.wikipedia.org/wiki/Conglomerate_(company)


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ships,telecommunications equipment

Services

Gd'ertising, construction, entertainment,

financial ser'ices, hospitality,

information and communications

technology, medical and health care

ser'ices, retail, shipbuilding

Revenue HSD$*? billion (7*"8)


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In recent years, the company has di'ersified into consumer electronics.


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!perating income 7?.*7? trillion (7*"8)

samsung company info

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