Samsung

Samsung was founded in 1938 by Lee Byung-chul in Suwon, South Korea, as a trading company. It entered electronics in 1969.

The company posts over $200 billion in annual revenue, serving customers across 180 countries with smartphones, chips, and home appliances.

Headquartered in Suwon, South Korea, Samsung trades publicly on the Korea Exchange today.

Samsung History

• 1938
  Lee Byung-chul founds Samsung as a grocery trading company in Suwon, South Korea.
• 1969
  Samsung Electronics is established, marking the company's entry into consumer electronics manufacturing.
• 1993
  Chairman Lee Kun-hee launches the "New Management" initiative, shifting focus to product quality over volume.
• 2010
  Samsung releases the first Galaxy S smartphone, launching its flagship Android lineup against Apple's iPhone.
• 2022
  Samsung retakes the top spot as the world's largest semiconductor chip manufacturer by revenue.

FAQs

• Who owns Samsung?

  Samsung Electronics is a publicly traded company on the Korea Exchange. The Lee family, descendants of founder Lee Byung-chul, hold a controlling stake through Samsung Life Insurance and affiliated entities.
• Is Samsung an American company?

  No. Samsung is a South Korean multinational conglomerate headquartered in Suwon, South Korea. It was founded in 1938 by Lee Byung-chul and remains one of South Korea's largest corporations.
• Who made the Samsung logo?

  Samsung's current oval logo with the stylized wordmark was introduced in 1993 as part of Lee Kun-hee's brand overhaul. The design was handled internally as part of the company's global rebranding effort.
• When did Samsung come out?

  Samsung was founded on March 1, 1938, by Lee Byung-chul. Samsung Electronics, the division most people recognize today, was established in 1969 and began exporting products internationally through the 1970s.