Samsung (Hangul: 삼성; Hanja: 三星; Korean pronunciation: [samsʌŋ]) could be a South Korean international conglomerate headquartered in Samsung city, Seoul.[1] It includes various attached businesses,[1] most of them united below the Samsung complete, and is that the largest South Korean chaebol (business conglomerate).
Samsung was based by Lee Byung-chul in 1938 as a commerce company. Over consecutive 3 decades, the cluster heterogeneous into areas together with food process, textiles, insurance, securities and retail. Samsung entered the industry within the late Nineteen Sixties and therefore the construction and building industries within the mid-1970s; these areas would drive its resulting growth. Following Lee's death in 1987, Samsung was separated into four business teams – Samsung cluster, Shinsegae cluster, CJ cluster and Hansol cluster. Since 1990, Samsung has more and more globalised its activities and electronics; especially, its mobile phones and semiconductors became its most significant supply of financial gain. As of 2017, Samsung has the sixth highest world complete price.[4]
Notable Samsung industrial affiliates embody Samsung physics (the world's largest data technology company, client physics maker and chipmaker measured by 2017 revenues),[5][6] Samsung significant Industries (the world's ordinal largest shipbuilder measured by 2010 revenues),[7] and Samsung Engineering and Samsung C&T (respectively the world's thirteenth and thirty sixth largest construction companies).[8] alternative notable subsidiaries embody Samsung insurance (the world's ordinal largest insurance company),[9] Samsung Everland (operator of Everland Resort, the oldest funfair in South Korea)[10] and Cheil Worldwide (the world's fifteenth largest agency measured by 2012 revenues).[11][12]
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