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Samsung, a South Korean company, is one of the largest electronics manufacturers in the world. Samsung specializes in manufacturing a wide range of consumer and industrial electronics, including home appliances, digital media devices, semiconductors, memory chips, and embedded systems.
Samsung was founded by Lee Byung-chul in 1938 as a trading company. Over the next three decades, the group diversified into areas such as food processing, textiles, insurance, securities and retail. Samsung entered the electronics industry in the late 1960s and the construction and shipbuilding sectors in the mid-1970s; These fields have spurred its subsequent development. After Lee's death in 1987, Samsung was split into five business groups –Samsung Corporation, Shinsegae Corporation, CJ Group and Hansol Corporation, and Joongang Group.
Samsung specializes in manufacturing a wide range of consumer and industrial electronics, including home appliances, digital media devices, semiconductors, memory chips, and embedded systems. It has become one of the most well-known names in the technology sector and produces about one-fifth of Korea's total exports.
The main reason Samsung is more successful than most other smartphone and consumer electronics brands is its focus on consumer-driven innovation. The company invests heavily in research and development every year and does not give up its focus on innovation.
