Founded In : 1938
Headquarters : Samsung Town,Seoul,South Korea
Founder : Lee Byung-Chul
Website : www.samsungmobile.com
tagline: Next is what
Samsung that means Tristar or three star is a multinaational conglomerate headquartered in Seoul South Korea.Samsung Electronics which is a part of the Samsung Group is the largest electronic comapny in the world.
Founded by Lee Byung-Chull in 1938, Samsung took birth as a small trading company with mere forty employees in Taegu.The company that was booming had to be relocated to Busan due to Communist Invasion in the year 1950.It continued to flourish in the time of war and its assets grew up to 20 times with diversifying into insurance,securities and retail.
In the year 1987,founder Byung Chull Lee passed away and Kun-Hee stepped in as the new chairman.This is when the company grew manifold and entered into divisions like Samsung Electronics Devices Co., Samsung Corning Co., Samsung Electro-Mechanics Co.,Samsung Semiconductor & Telecommunications Co., Samsung Electronics Devices Co.All the divisions were grouped together to form Samsung Electronics Co., with its first product being a black and white television set.
The story of Samsung mobiles dates to the year 1993 when the company developed the “lightest phone of its time.The SCH-800 so developed was available on a CDMA network.
Samsung follows a unadorned business philoshophy and that is 'to devote its talent and thechnology to creating superior products and services that contribute to a better global society.It abides by five core values that focusses on:People,Excellence,Change.Integrity,Co-prosperity.