samsung

History of Samsung

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Samsung is a South Korean multinational multinational company that was founded in 1938. The founder of Samsung was Lee Byung-chul . It was at first small trading company in Seoul.  Day by day, Samsung has developed its business into several sectors, including electronics, semiconductors, construction, finance, and many more.

Televisions: In the 1960s, Samsung concentrated on electronics and started producing black and white televisions.

Home appliances: In the 1970s, the company started to  produce refrigerators and washing machines.

Mobile phone: In 1983, Samsung launched its first mobile phone called the Samsung Galaxy. The company continued to expand its mobile phone business and, in 2011, overtaking Apple, became the world’s largest smartphone manufacturer.

Semiconductor : Samsung has also entered in the field of semiconductor industry since the 1980s. In 1993, the company became the world’s largest producer of memory chips and has remained a dominant force in the industry ever since.

Artificial intelligence: In recent years, Samsung has entered into new areas, such as artificial intelligence, 5G technology, and connected devices. The company has also been actively pursuing sustainability initiatives and has set a goal to become a carbon-neutral company by 2050.

 Samsung has faced numerous challenges over the years, including legal disputes, product recalls etc. despite its success, Now the company has became a major player in the global economy and a household name around the world.

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