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Samsung 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.
Lee Byung-chul (Korean: 이병철; 12 February 1910 – 19 November 1987 [2]) was a South Korean businessman who founded the Samsung Group, the country's largest chaebol (conglomerate). Lee founded Samsung in 1938, at the age of 28. [3] He is recognized as the most successful businessman in South Korea's history.
Samsung was founded as a grocery trading store on March 1, 1938, by Lee Byung-Chull. He started his business in Taegu , Korea, trading noodles and other goods produced in and around the city and exporting them to China and its provinces.
In 1987, founder Lee Byung-chul passed away, and his son, Lee Kun-hee, assumed control of Samsung. Soon after that, Samsung Semiconductor and Telecommunications merged with Samsung Electronics. The merged organization focused on home appliances, telecommunications, and semiconductors.
In Samsung: Early years …on March 1, 1938, by Lee Byung-Chull. He started his business in Taegu, Korea, trading noodles and other goods produced in and around the city and exporting them to China and its provinces. (The company name, Samsung, came from the Korean for “three stars.”) After the Korean War, Lee expanded… Read More
What we began in 1969 has evolved and expanded through the decades. In Korean, the word ‘Samsung’ means “three stars” and the name carries the founder Lee Byung-chull’s vision for the company. The word ‘three’ represents large, plentiful, and strong while ‘star’ means bright, lofty and eternally shining.
Samsung was founded in January of 1969, under the name Samsung Electric Industries, in South Korea. Its founder, Lee Byung-Chul, was a South Korean businessman.
Lee Byung-chul founded Samsung in 1938 and led the company to become a global conglomerate, becoming a symbol of South Korea's resilience and progress.
Samsung was founded by Byung-Chull Lee in 1938 in Taegu, Korea. The company started as a food exporter in Korea and shipped items like dried fish and flour to China.
For over 40 years Samsung has been a pioneer in the electronics industry in Korea, and now the world. Let’s learn more about the roots of Samsung Electronics. The birth of Samsung Electronics. On December 30th, 1968, 7 promoters, including founding Chairman ByungChull Lee, were gathered.