Samsung company biography format
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Samsung Company's Grounding, Mission arm Vision
1. Friends Background
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Samsung Electronics
South Korean multinational electronics corporation
This article is about the electronics subsidiary. For the conglomerate, see Samsung Group.
The Samsung headquarters in Seoul | |
Native name | 삼성전자 주식회사 |
|---|---|
| Hanja | 三星電子株式會社 |
| Revised Romanization | Samseong Jeonja Jusikhoesa |
| Formerly | Samsung Electric Industries (1969–1988) |
| Company type | Public |
Traded as | |
| ISIN | KR7005930003 |
| Industry | |
| Founded | 13 January 1969; 56 years ago (1969-01-13) in Suwon, South Korea |
| Headquarters | Samsung Digital City [ko], Samsungno 129, Maetan-dong, Yeongtong District, Suwon ,South Korea[1] |
Area served | Worldwide |
Key people | |
| Products | See products listing |
| Revenue | US$198.247 billion (2023) |
Operating income | US$5.027 billion (2023) |
Net income | US$11.857 billion (2023) |
| Total assets | US$349.053 billion (2023) |
| Total equity | US$278.441 billion (2023) |
| Owners | |
Number of employees | 270,372 (2023) |
| Parent | Samsung |
| Subsidiaries | |
| Website | samsung.com |
| Footnotes / references Financials as of fiscal year ended 31 December 2023.[update] References:[3] | |
Samsung Electronics Co., Ltd. (SEC; stylised as SΛMSUNG; Ko
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Samsung
South Korean multinational conglomerate
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[1] (Korean: 삼성; Hanja: 三星; RR: samseong[samsʌŋ]; stylised as SΛMSUNG) is a South Korean multinational manufacturing conglomerate headquartered in the Samsung Town office complex in Seoul. The group consists of numerous affiliated businesses,[2] most of which operate under the Samsung brand, and is the largest chaebol (business conglomerate) in South Korea. As of 2024,[update] Samsung has the world's fifth-highest brand value.[3]
Founded in 1938 by Lee Byung-chul as a trading company, Samsung diversified into various sectors, including food processing, textiles, insurance, securities, and retail, over the next three decades. In the late 1960s, Samsung entered the electronics industry, followed by the construction and shipbuilding sectors in the mid-1970s—areas that would fuel its future growth. After Lee died in 1987, Samsung was divided into five business groups: Samsung Group, Shinsegae Group, CJ Group, Hansol Group, an