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Samsung History

Samsung Group Timeline and History

Samsung’s beginnings (1938 ~ 1969)

On March 1, 1938, founding chairman Byung-Chull Lee started a business in Taegu, Korea with 30,000 won. At first, Mr. Lee's little business was primarily in trade export, selling dried Korean fish, vegetables, and fruit to Manchuria and Beijing. But in just over a decade, SAMSUNG - meaning literally "three stars" in Korean - would have its own flour mills and confectionery machines, its own manufacturing and sales operations, and ultimately become the roots of the modern global corporation that still bears the same name today.

1969
Dec SAMSUNG-Sanyo Electronics established (Renamed SAMSUNG Electro-Mechanics in March 1975 and merged with SAMSUNG Electronics in March 1977)
Jan SAMSUNG Electronics Manufacturing incorporated (Renamed SAMSUNG Electronics in February 1984)

1968
Nov Koryo General Hospital opened (Renamed Kangbuk SAMSUNG Hospital in 1995)

1966
May Joong-Ang......


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Approximate Word Count: 4755
Approximate Pages: 20 (250 words per double-spaced page)

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