Samsung

Samsung (Korean: 삼성; Hanja: 三星; Korean pronunciation: [samsʌŋ]; means "three stars" in English) is a South Korean multinational​conglomerate headquartered in Samsung Town, Seoul.It comprises numerous affiliated businesses,most of them united under the Samsung brand, and is the largest South Korean chaebol (business conglomerate)., South Korean company that is one of the world’s largest producers of electronic devices. Samsung specializes in the production of a wide variety of consumer and industry electronics, including appliances, digital media devices, semiconductors, memory chips, and integratedsystems. It has become one of the most-recognizable names in technology and produces about a fifth of South Korea’s total exports.

       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. After the Korean War, Lee expanded his business into textiles and opened the largest woolen mill in Korea. He focused heavily on industrialization with the goal of helping his country redevelop itself after the war. During that period his business benefited from the new protectionist policies adopted by the Korean government, whose aim was to help large domestic conglomerates (chaebol) by shielding them from competition and providing them easy financing.

During the 1970s the company expanded its textile-manufacturing processes to cover the full line of production—from raw materials all the way to the end product—to better compete in the textile industry. New subsidiaries such as Samsung Heavy Industries, Samsung Shipbuilding, and Samsung Precision Company (Samsung Techwin) were established. Also, during the same period, the company started to invest in the heavy, chemical, and petrochemical industries, providing the company a promising growth path.

Samsung first entered the electronics industry in 1969 with several electronics-focused divisions—their first products were black-and-white televisions. During the 1970s the company began to export home electronics products overseas. At that time Samsung was already a major manufacturer in Korea, and it had acquired a 50 percent stake in Korea Semiconductor.

     The late 1970s and early ’80s witnessed the rapid expansion of Samsung’s technology businesses. Separate semiconductor and electronics branches were established, and in 1978 an aerospace division was created. Samsung Data Systems (now Samsung SDS) was established in 1985 to serve businesses’ growing need for systems development. That helped Samsung quickly become a leader in information technology services. Samsung also created two research and development institutes that broadened the company’s technology line into electronics, semiconductors, high-polymer chemicals, genetic engineeringtools, telecommunications​, aerospace, and nanotechnology.

In the 1990s Samsung continued its expansion into the global electronics markets. Despite its success those years also brought about corporate scandals that afflicted the company, including multiple bribery cases and patent-infringement suits. Nevertheless, the company continued to make advancements on the technology and product-quality fronts, with a number of its technology products—ranging from semiconductors to computer-monitor and LCD screens—climbing into top-five positions in global market share.

The 2000s witnessed the birth of Samsung’s Galaxy smartphone series, which quickly not only became the company’s most-praised product but also frequently topped annual lists of the best-selling smartphones in the world. Since 2006, the company has been the top-selling global manufacturer of televisions. Beginning in 2010, the Galaxy series expanded to tablet computers with the introduction of the Galaxy Tab.

Apple iPhone and Samsung Galaxy
Apple's iPhone 4S, left, and Samsung's Galaxy S III, right, displayed at a mobile-phone shop in Seoul, South Korea, August 24, 2012.

    Samsung Electronics has assembly plants and sales networks in 74 countries and employs around 290,000 people.It is the world's largest manufacturer of consumer electronics by revenue.As of 2019, Samsung Electronics is the world's second largest technology company by revenue, and its market capitalization stood at US$301.65 billion, the 18th largest in the world.as a total asset of US$308.5 billion dollar. And a total number of employee worldwide is 287,439.The digital-media business area covers computer devices such as laptop computers and laser printers; digital displays such as televisions and computer monitors; and consumer entertainment devices such as DVD players, MP3 players and digital camcorders; and home appliances such as refrigerators, air conditioners, air purifiers, washers, microwave ovens, and vacuum cleaners.

The semiconductor-business area includes semiconductor chips such as SDRAM, SRAM, NAND flash memory; Smart cards; mobile application processors; mobile TV receivers; RF transceivers; CMOS Image sensors, Smart CardIC, MP3 IC, DVD/Blu-ray Disc/HD DVD Player SOC and multi-chip package (MCP).

The telecommunication-network-business area includes multi-service DSLAMs and fax machines; cellular devices such as mobile phones, PDA phones, and hybrid devices called mobile intelligent terminals (MITs); and satellite receivers.

The LCD business area focuses on producing TFT-LCD and organic light-emitting diode (OLED) panels for laptops, desktop monitors, and televisions.

Samsung Print was established in 2009 as a separate entity to focus on B2B sales and released a broad range of multifunctional devices and printers and more.As of 2018 Samsung sold their printing business to HP.

Logo history

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  Samsung Electronics logo, used from late 1969 until replaced in 1979
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  Samsung Electronics logo, used from late 1980 until replaced in 1992
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  Samsung Electronics logo, used from late 1993 until replaced in 2015
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  Samsung's wordmark and current logo of Samsung Electronics, in use since 2015
  Samsung and apple war
  Despite recent litigation activity, Samsung and Apple have been described as frenemies who share a love-hate relationship. Samsung is a major supplier for Apple – first providing memory for the early iPod devices in 2005,and Apple is a key customer for Samsung – in 2012 its component sales were thought to be worth in the region of $8 billion revenue to Samsung– to the point where Apple CEO Tim Cookoriginally opposed litigation against Samsung wary of the company's critical component supply chain for Apple.
  In April 2011, Apple Inc. announced that it was suing Samsung over the design of its Galaxy range of mobile phones. The lawsuit was filed on 15 April 2011 and alleges that Samsung infringed on Apple's trademarks and patents of the iPhone and iPad.Samsung issued a counterclaim against Apple of patent infringement.In August 2011, at The Regional Court of Düsseldorf, Apple was granted a preliminary injunction against the sale and marketing of the Samsung Galaxy Tab 10.1 across the whole of Europe excluding the Netherlands.The ban has been temporarily lifted in the European Union, with the exclusion of Germany, whilst it is investigated whether or not the original injunction was appropriate.
  On 31 August 2012, the Tokyo District Court ruled Samsung Electronics' mobile devices did not violate an Apple patent The case only addressed Apple's patent that allows mobile devices and personal computers to synchronize or share data with each other and is not comparable with the U.S. court case ruled on 24 August. On 18 October 2012, the U.K. High Court ruled that Samsung did not infringe Apple's design patents. Apple was forced to issue a court-ordered apology to Samsung on its official U.K. website.