Samsung

Samsung is a South Korean multinational manufacturing conglomerate headquartered in Samsung Digital City, Suwon, South Korea. It comprises numerous affiliated businesses, most of them united under the its brand. And is the largest South Korean chaebol (business conglomerate). As of 2020, it has the eighth-highest global brand value.

It was founded by Lee Byung-chul in 1938 as a trading company. Over the next three decades, the group diversified into areas including food processing, textiles, insurance, securities, and retail. it entered the electronics industry in the late 1960s and the construction and shipbuilding industries in the mid-1970s. These areas would drive its subsequent growth.

Notable this industrial affiliates include Electronics (the world’s largest information technology companyconsumer electronics maker and chipmaker measured by 2017 revenues), Heavy Industries (the world’s second largest shipbuilder measured by 2010 revenues), and Engineering and C&T Corporation (respectively the world’s 13th and 36th largest construction companies). Other notable subsidiaries include Life Insurance (the world’s 14th largest life insurance company), its Everland (operator of Everland Resort, the oldest theme park in South Korea) and Cheil Worldwide (the world’s 15th largest advertising agency, as measured by 2012 revenues).

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