Founded in 1938 by Lee Byung-chul, Samsung started as a small trading company in Korea. Originally dealing in groceries and dried fish, the company quickly expanded its operations to include textiles, insurance, and retail. Over the decades, Samsung evolved into a powerhouse, diversifying into various industries and becoming a global leader in technology and innovation.
In the late 1960s, Samsung made a strategic decision to enter the electronics industry. This marked a turning point in the company's history. By the 1970s, Samsung had established itself as a major player in the production of televisions, refrigerators, and washing machines. The 1980s saw the company venture into the semiconductor and mobile communications markets, laying the foundation for its future dominance in the tech world.
Throughout the 1990s and 2000s, Samsung continued to innovate, introducing groundbreaking products like the Galaxy smartphone series. The company's commitment to research and development, coupled with its ability to anticipate and meet consumer needs, propelled it to the forefront of the technology sector. Today, Samsung is not just a leader in smartphones and electronics but also a pioneer in areas like artificial intelligence, 5G technology, and sustainable energy solutions.
At the core of Samsung's success is its philosophy of "People First, Technology Second."
As Samsung continues to push the boundaries of technology, it remains focused on its mission to inspire the world with innovative products and solutions. With a legacy of over eight decades, the brand is poised to lead the way into the future, shaping the next generation of technological advancements and redefining what's possible in the digital age.