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Encyclopedia > Samsung
Samsung
Hangul: 삼성
Revised Romanization: Samseong
McCune-Reischauer: Samsŏng

Samsung Group is one of the largest South Korean business groupings. It started as an exports company in 1938 but soon diversified. The Samsung Group, a former conglomerates ("chaebol"), employs well over 400,000 employees worldwide and manufactures cars, electronics, chemicals, aircraft, ships, merchant trade, runs hotels, amusement parks, constructs skyscrapers, textiles, food, etc in separate companies after the Asian financial crisis reorganization. Suwon, Korea is also known as Samsung city. Image File history File links Samsung File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... Hangul (hangul: 한글; revised: hangeul; McCune-Reischauer: hangŭl) is the native alphabet used to write the Korean language, as opposed to the Hanja system borrowed from China. ... The Revised Romanization of Korean is the official Korean language romanization system in South Korea. ... McCune-Reischauer is one of the two most widely used Korean language romanization systems, along with the Revised Romanization of Korean, which replaced (a modified) McCune-Reischauer as the official romanization system in South Korea in 2000. ... 1938 (MCMXXXVIII) was a common year starting on Saturday (link will take you to calendar). ... A conglomerate is a large company that consists of divisions of often seemingly unrelated businesses. ... SEXY JAYO is the Korean word for business conglomerates, and often refers in English to the several dozen large, family-controlled Korean corporate groups which have played a major role in the South Korean economy since the 1960s. ... Suwon (Suwon-si) is the largest city in Gyeonggi Province, South Korea. ...


Samsung Electronics was founded in 1969, the largest member of the Samsung Group, Samsung Electronics Co. Ltd. is one of the largest electronics companies in the world. Founded in Daegu, South Korea, it operates in around 58 countries and has over 208,000 workers. The turnover in 2003 was about 101.7 billion USD. Samsung Electronics is recognized as being one of the top 10 brands in the world. 1969 (MCMLXIX) was a common year starting on Wednesday For other uses, see Number 1969. ... Samsung Electronics (hangul: 삼성전자; hanja: 三星電子; revised: Samseong Jeonja; McCune-Reischauer: Samsŏng Chŏnja) is an electronics company headquartered in Seoul, Korea. ... Two digital voltmeters The field of electronics is the study and use of systems that operate by controlling the flow of electrons or other electrically charged particles in devices such as thermionic valves and semiconductors. ... Daegu is the 4th largest metropolitan area in South Korea, and is officially called Daegu Metropolitan City. ... 2003 (MMIII) is a common year starting on Wednesday of the Gregorian calendar. ...


At present, Samsung Electronics operates in 5 business areas, namely Telecommunications (Mobile Handsets and Network), Digital and Home Appliances (including washing machines, microwave ovens, refrigerators, VHS and DVD players, etc), Digital Media, LCD, and Semiconductors.


Samsung (meaning "three stars" or "tristar" in Korean) was founded by Lee Byungchul. Samsung Electronics is the flagship division of The Samsung Group. Lee Byungchul (In official transliteration: I Byeong-cheol) is the founder of the Samsung Group. ...

Contents


Subsidiaries of the Samsung Group

Electronics industries

  • Samsung Electronics
  • Samsung Electro-Mechanics
  • Samsung SDI [1]
  • Samsung Corning
  • Samsung SDS [2]
  • Samsung Networks
  • Samsung Corning Precision Glass

Samsung Electronics (hangul: 삼성전자; hanja: 三星電子; revised: Samseong Jeonja; McCune-Reischauer: Samsŏng Chŏnja) is an electronics company headquartered in Seoul, Korea. ...

Machinery and heavy industries

Samsung Heavy Industries Ningbo Co. ... Samsung was founded in 1969, and one of its subsidiaries, Samsung Electronics Co. ...

Automobile industries

Renault Samsung Motors (Korean: 르노삼성 자동차) is a South Korean car maker. ...

Chemical industries

  • Samsung Total Petrochemicals
  • Samsung Petrochemicals
  • Samsung BP Chemicals
  • Samsung Fine Chemicals
  • Cheil Industries

Financial services

  • Samsung Life Insurance
  • Samsung Fire & Marine Insurance
  • Samsung Card
  • Samsung Securities
  • Samsung Capital
  • Samsung Investment Trust Management
  • Samsung Venture Investment

Engineering & construction

Samsung Engineering & Construction(Hangul: 삼성건설) Founded in 1977. ...

History

1950s - 1980s

  • 1953: Samsung started sugar production, which has since ended
  • 1958: Samsung starts offering insurance
  • 1965: A department store opened in Kwanjou.
  • 1967: Samsung started the Joong-Ang Ilbo daily newspaper. Today this newspaper has no affiliation with the company.
  • 1969: Samsung Electronics founded
  • 1974: Samsung Petrochemical and Heavy Industries founded.
  • 1976: The company was awarded an export prize by the government as a part of the country's development programme.
  • 1977: As a result of their export prize, Samsung Construction emerged. In addition, Samsung Shipbuilding has formed.
  • 1982: Samsung established a professional baseball team.
  • 1983: Samsung produced its first computer chip: a 64k DRAM.
  • Towards the end of the 1980's, Samsung pushed its efforts in petrochemicals and electronics.

1953 (MCMLIII) is a common year starting on Thursday. ... Magnified view of refined sugar crystals. ... 1958 (MCMLVIII) was a common year starting on Wednesday of the Gregorian calendar. ... Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of potential financial loss. ... 1965 (MCMLXV) was a common year starting on Friday (link goes to calendar). ... 1967 (MCMLXVII) was a common year starting on Sunday of the Gregorian calendar. ... 1969 (MCMLXIX) was a common year starting on Wednesday For other uses, see Number 1969. ... 1974 (MCMLXXIV) is a common year starting on Tuesday (click on link for calendar). ... 1976 (MCMLXXVI) is a leap year starting on Thursday (link will take you to calendar). ... For the album by Ash, see 1977 (album). ... 1982 (MCMLXXXII) is a common year starting on Friday of the Gregorian calendar. ... Picture of Fenway Park. ... 1983 (MCMLXXXIII) is a common year starting on Saturday of the Gregorian calendar. ... A Microchip is, properly, an integrated circuit. ... Dram can mean several things: for the imperial unit of volume see dram (volume) for the imperial unit of weight or mass see avoirdupois and apothecaries system of mass for the Armenian monetary unit see dram (currency) DRAM is a type of RAM and unlike dram is spelled in all... A petrochemical is any chemical derived from fossil fuels. ...

The 1990s and present

The 1990s saw Samsung rise as an international corporation. Not only did it acquire a number of businesses abroad, but also began leading the way in certain electronic components. Samsung's construction branch was awarded the contract to build one of the two Petronas Towers in Malaysia in September 1993 and the Burj Dubai in 2004, set to be tallest structure ever created by mankind. The 1990s refers to the years 1990 to 1999; the last decade of the 20th Century, but in an economical sense The Nineties is often considered to span from the fall of the Berlin Wall in November 1989 to the September 11 attacks in 2001. ... The Petronas Towers The Petronas Towers (also known as the Petronas Twin Towers), in Kuala Lumpur, Malaysia, were once the worlds tallest buildings when measured from the level of the main entrance to the structural or architectural top. ... 1993 is a common year starting on Friday of the Gregorian calendar and marked the Beginning of the International Decade to Combat Racism and Racial Discrimination (1993-2003). ...


Samsung survived the Asian financial crisis of 1997-98 relatively unharmed compared to other major Korean firms, however, Samsung Motor Co, a $5 billion venture was sold to Renault at a staggering loss. Most importantly, Samsung Electronics (SEC) was officially spun-off the Samsung Group and had become to dominate the group, Korea, and the worldwide semiconductor business, even surpassing worldwide leader Intel in investment for the 2005 fiscal year. Samsung's brand strength has improved impressively in the last few years, despite an environment of scandal and political intrigue. The Asian financial crisis was a financial crisis that started in July 1997 in Thailand, and affected currencies, stock markets, and other asset prices of several Asian countries, many part of the East Asian Tigers. ... Renault S.A. is a French vehicle manufacturer producing small to upper-midsize cars, vans, buses and trucks. ...


Feared and revered by Japan, Silicon Valley, Taiwan, and even domestically, Samsung Electronics (SEC) with its cutthroat expansion had managed to smash market share of each and every company to become the world's largest manufacturer of DRAM, refrigerators, flash memory, dvd-combo players, and a number of others and is now one of the world's leading manufacturers in plasma displays and next generation mobile phones. Samsung has even managed to become a dominant player in notoriously picky and high tech Japan. A seemingly unstoppable SEC had brought about mass hysteria to competitors, as Samsung is involved in seemingly never ending legal controversies, such as the one over patent infringements with companies such as Fujitsu who claim to have created plasma display technology first. Samsung has also faced controversy in Korea for its policies towards workers, described by some as anti-worker, although such claims are widely disputed. A view of downtown San Jose, the self-proclaimed Capital of Silicon Valley. Like many large cities, San Joses downtown is expansive and encompasses much more area than shown in this view. ... Samsung Electronics (hangul: 삼성전자; hanja: 三星電子; revised: Samseong Jeonja; McCune-Reischauer: Samsŏng Chŏnja) is an electronics company headquartered in Seoul, Korea. ... Dram can mean several things: for the imperial unit of volume see dram (volume) for the imperial unit of weight or mass see avoirdupois and apothecaries system of mass for the Armenian monetary unit see dram (currency) DRAM is a type of RAM and unlike dram is spelled in all... A plasma display is an emissive flat panel display where light is created by phosphors excited by a plasma discharge between two flat panels of glass. ...


Samsung Electronics saw record profits and revenue in 2004, and in 2005, overtook Sony as one of the worlds most valuable brands, and is now ranked #20 in the world. Sony Corporation (Japanese katakana: ソニー) (TYO: 6758 , NYSE: SNE) is a global Japanese consumer electronics corporation based in Tokyo, Japan. ...


In 2005, JVC joined HANA, the High Definition Audio-Video Network Alliance to help establish standards in consumer electronics interoperability. High Definition Audio-Video Network Alliance, or HANA, is a media industry group of leading companies established to create a design guideline for secure high-definition audio-visual networks. ...


On November 30, 2005 Samsung pleaded guily to a charge it participated in a worldwide DRAM price fixing conspiracy during 1999-2002 that damaged competition and raised PC prices. In a deal with prosecutors, Samsung Electronics Co. Ltd. and its U.S. subsidiary, Samsung Semiconductor Inc., are to pay $300 million fine. As a result of this investigation, Hynix was to pay $185 mln in 2005, Infineon: $160 mln in 2004. Micron Technology, the US firm who initiated the case, cooperated with prosecutors and no fine is expected. Recently, a severely weakened Micron has teemed up with Intel to take on Samsung in the lucrative NAND flash business, although Intel has no desire to fully engage Samsung after Samsung drove Intel out of the flash business. In 2002, armed with the Sherman Antitrust Act, the US Department of Justice began a probe in the the activities of DRAM manufacturers. ... Hynix Semiconductor Inc. ... Infineon Technologies is a German manufacturer of integrated circuits and related products. ... Micron Technology (Micron) NYSE: MU is a multinational company based in Boise, Idaho best known for producing many forms of semiconductor memory. ...


See also

This is a list of South Korean companies. ... This is a list of Wikipedia articles on Korea-related people, places, things, and concepts. ... This article needs cleanup. ... List of digital camera brands past and present, updated to 2005, but may miss some. ... Sens is the notebook computer series made by Samsung Electronics Ltd. ... This digital presenter from Samsung has: Native XGA 1/3 850,000 Pixel Progressive Scan CCD Camera Crisp live image display at 20 frames per second real time motion video. ...

External links


  Results from FactBites:
 
Samsung - definition of Samsung in Encyclopedia (393 words)
Samsung is one of the largest South Korean conglomerate ("chaebol").
Samsung's construction branch was awarded the contract to build one of the two Petronas Towers in Malaysia in 1993.
Samsung survived the Asian financial crisis of 1997-98 relatively unharmed.
  More results at FactBites »


 

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