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Samsung Company

(Mission, Vision, History,Owner)

Samsung, South Korean company that is one of the world’s largest producers of electronic devices. Samsung Electronics, a global leader and innovator in consumer electronics, semiconductors and telecommunications, announced that it won more than 100 awards in key categories including Home Entertainment, Home Appliances, Mobile, and Internet of Things at the 2016 Consumer Electronics Show (CES). The show is the global gathering place for all who thrive on the business of consumer technologies.

Vision

Inspire the world with our innovative technologies, products and design that enrich people’s lives and contribute to social prosperity by creating a new future.

Mission

Inspire the World, Create the Future

The goal of the vision is to become a beloved brand, an innovative company, and an admired company. For this, we dedicate our efforts to creativity and innovation, shared value with our partners, and our great people.

Samsung Story

In 1938, Lee Byung-chul (1910–1987) 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 noodles.

In 1980, Samsung acquired the Gumi-based Hanguk Jeonja Tongsin and entered telecommunications hardware. Its early products were switchboards. The facility was developed into the telephone and fax manufacturing systems and became the center of Samsung’s mobile phone manufacturing.

Samsung started to rise as an international corporation in the 1990s. Samsung’s construction branch was awarded contracts to build one of the two Petronas Towers in Malaysia, Taipei 101 in Taiwan and the Burj Khalifa in United Arab Emirates.

In first quarter of 2012, Samsung Electronics became the world’s largest mobile phone maker by unit sales, overtaking Nokia, which had been the market leader since 1998.