This article is about the conglomerate. For the electronics subsidiary, see Samsung Electronics. For other uses, see Samsung (disambiguation).
Not to be confused with Samsun, Samson, Sanson, or Sampson.
Samsung Group
Samsung Town in the Gangnam station area of Seoul
Native name
삼성그룹
Company type
Private
Industry
Conglomerate
Founded
1 March 1938; 86 years ago (1938-03-01) in Daegu, Japanese Korea
Founder
Lee Byung-chul
Headquarters
Samsung Digital City,
Yeongtong-gu, Suwon
,
South Korea[1]
Area served
Worldwide
Key people
Lee Jae-yong (chairman)
Products
Clothing, automotive, chemicals, consumer electronics, electronic components, medical equipment, semiconductors, solid-state drives, DRAM, flash memory, ships, telecommunications equipment, home appliances[2]
Services
Advertising, construction, entertainment, financial services, hospitality, information and communications technology, medical and health care services, retail, shipbuilding, semiconductor foundry
Samsung Group[3] (Korean: 삼성; Hanja: 三星; RR: samseong[samsʌŋ]; stylized as SΛMSUNG) is a South Korean multinational manufacturing conglomerate headquartered in Samsung Digital City, Suwon, South Korea.[1] It comprises numerous affiliated businesses,[1] most of them united under the Samsung brand, and is the largest South Korean chaebol (business conglomerate). As of 2020,[update] Samsung has the eighth-highest global brand value.[4]
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. Samsung 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. Following Lee's death in 1987, Samsung was separated into five business groups – Samsung Group, Shinsegae Group, CJ Group and Hansol Group, and JoongAng Group.
Notable Samsung industrial affiliates include Samsung Electronics (the world's largest information technology company, consumer electronics maker and chipmaker measured by 2017 revenues),[update][5][6] Samsung Heavy Industries (the world's second largest shipbuilder measured by 2010 revenues),[update][7] and Samsung Engineering and Samsung C&T Corporation (respectively the world's 13th and 36th largest construction companies).[8] Other notable subsidiaries include Samsung Life Insurance (the world's 14th largest life insurance company),[9] Samsung Everland (operator of Everland Resort, the oldest theme park in South Korea)[10] and Cheil Worldwide (the world's 15th largest advertising agency, as measured by 2012 revenues).[update][11][12]
^ abc"삼성계열사 전자 – 삼성그룹 홈페이지". Archived from the original on 20 September 2016.
^"Home and Kitchen Appliance showcase". Samsung. Archived from the original on 9 March 2017.
^"SAMSUNG ELECTRONICS Co., Ltd. 2020 Half-year Business Report" (PDF). Retrieved 8 September 2020.
^"The 2020 World's Most Valuable Brands". Forbes. 18 October 2020. Archived from the original on 18 October 2020.
^"Samsung topples Intel to become the world's largest chipmaker – TechCrunch". techcrunch.com. Archived from the original on 25 May 2018. Retrieved 25 May 2018.
^Mu-Hyun, Cho. "Samsung's logic chip biz turns to AI chips and 5G for change of fortune | ZDNet". ZDNet. Archived from the original on 3 July 2018. Retrieved 25 May 2018.
^Park, Kyunghee (28 July 2009). "Samsung Heavy Shares Gain on Shell's Platform Orders (Update1)". Bloomberg. Archived from the original on 24 September 2011. Retrieved 11 November 2010.
^"The Top 225 International Contractors 2013". Engineering News-Record. Archived from the original on 30 May 2013. Retrieved 25 August 2013.
^"Global 500 2009: Industry". FORTUNE. CNN Money. 20 July 2009. Archived from the original on 31 August 2010. Retrieved 4 September 2010.
^Valhouli, Christina (21 March 2002). "The World's Best Amusement Parks". Forbes. Archived from the original on 22 August 2010. Retrieved 11 September 2010.
^"Cheil Worldwide Inc (030000:Korea SE)". businessweek.com. Archived from the original on 5 October 2012. Retrieved 16 September 2010.
^"Cheil Worldwide (030000 KS)" (PDF). kdbdw.com. 26 April 2010. Archived (PDF) from the original on 4 October 2013. Retrieved 8 May 2013.
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