Samsung is a dream not only for Koreans, but also for foreigners, especially international students studying in Korea. A famous group all over the world, right? When people think of Samsung, they think of mobile phones, TVs, and laptops. Did Samsung become such a big company by selling electronic products such as mobile phones and laptops? Let's find out!

History of the Samsung Group

The Samsung Group started in March 1938 as Samsung Sanghoe, founded in Daegu by the founder, Lee Byung-cheol. Samsung Chamber of Commerce was established with a capital of 30,000 won at the time, and its main items were apples, a specialty of Daegu, and dried fish from the East Sea. While exporting to China, Japan, and Southeast Asia, Samsung Sanghoe developed a business that processed and sold agricultural products in the Yeongnam region in Korea. In 1948, the stage of business was expanded from the Yeongnam region to the metropolitan area, and in November of the same year, Samsung C&T Corporation was established in Jongno 2-ga, Jongno-gu, Seoul. From this time, the trading business was activated in earnest, and in 1950, the business prospered greatly enough to rise to the top of the domestic trading industry. In January 1951, the trade name was changed to Samsung C&T Co., Ltd. to further vitalize the trading business.

Source: [Naver Encyclopedia] Samsung Group [Samsung Group, 三星─]

Groups and companies formed from Samsung

Except for Samsung Group and Samsung Electronics, which are currently in Korea, these are companies that Chairman Lee Byung-cheol established and created from the beginning, and he passed them on to his children, and now they have become famous and large companies in Korea. CJ-CheilJedang, which is known to the most people, was also an affiliate of Samsung. The chairman of CJ Group is the grandson of Lee Byung-cheol, the founder of Samsung Group. Samsung is also a car company. It was founded in 1995, and due to accumulating losses, in 2000 Renault of France took over the assets and liquidated it. And the famous Shinsegae is Samsung too!. JoongAng Ilbo is also a newspaper founded by Lee Byeong-cheol on September 22, 1965!.

Samsung's main business is the semiconductor and bio business!

Samsung Group's business divisions are largely divided into electronics (Samsung Electronics, Samsung Display, Samsung SDI, Samsung Electro-Mechanics, Samsung SDS), bio (Samsung Biologics), heavy industry (Samsung Heavy Industries, Samsung Engineering), and construction (Samsung C&T Construction). sector), financial sector (Samsung Fire & Marine Insurance, Samsung Card, Samsung Securities, Samsung Asset Management), and service sector (Samsung C&T Resort Division, Hotel Shilla). Contrary to what many people think, Samsung is mainly famous for its semiconductor business, not a company that grew by selling mobile phones. Korea's semiconductor exports used to be number one in the world, and among export companies, Samsung Electronics is number one. In addition to semiconductors, bio is also the main business of the Samsung Group.

Interesting story about Samsung

Samsung is a big group, it has a lot to do with Korea and the lives of Korean people. Born in a Samsung hospital, living in an apartment built by Samsung, using a Samsung car, Samsung cell phones, laptops, TVs, and other electronic products at home can also use Samsung ones, shopping and shopping at E-Mart and Shinsegae Department Store, They use Samsung cards, have Samsung life insurance, and... Really, they are a group that exerts unparalleled influence with other companies in all areas, including Korea's economy, society, politics, and culture. lol. At first, it was a small company that started by selling agricultural products and star noodles, but now it has become the largest multinational company in Korea, so it's a great company, right? Haha Is there a very interesting drama related to Samsung? do you know It's the drama 'The youngest son of a conglomerate family'!

Do young people want to work for a Samsung company? E-Mart, which we know a lot, is Shinsegae's, and Shinsegae started with Samsung, isn't it really interesting knowledge? lol