HISTORY
“Samsung was founded by Lee Byung-chul in 1938 as a trading
company. Over the next three decades, the group diversified into areas
including food processing, textiles, insurance, securities and retail. Samsung entered
the electronics industry in the late 1960s and the construction and
shipbuilding industries in the mid-1970s; these areas would drive its
subsequent growth. Following Lee's death in 1987, Samsung was separated into
four business groups – Samsung Group, Shinsegae Group, CJ Group and Hansol
Group. Since 1990s, Samsung has increasingly globalized its activities and
electronics, particularly mobile phones and semiconductors, have become its
most important source of income”