Samsung

SAMSUNG Samsung Group 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).   HISTORY In 1938, Lee Byung-chull of a large landowning family in the Uiryeong county moved to nearby Daegu city and founded Samsung Sanghoe . Samsung started out as a small trading company with forty employees located in Su-dong (now Ingyo -dong). It dealt in dried-fish, locally-grown groceries and made noodles. The company prospered and Lee moved its head office to Seoul in 1947. When the Korean War broke out, he was forced to leave Seoul.  • 1969 Samsung-Sanyo Electronics is created • 1970 Samsung-Sanyo starts production of black and white televisions (model P-3202) • 1974 Samsung-Sanyo starts production of washing machines and refrigerators ...