Samsung is a South Korean conglomerate founded on March 1, 1938, by Lee Byung-chul in Daegu, Korea.
The group serves over a billion consumers worldwide. Samsung Electronics controls roughly 20% of the global smartphone market.
Its headquarters are in Samsung Town, Seoul, South Korea. It remains the country's largest chaebol.
About Samsung
Sector
Conglomerate
Industry
Electronics, Semiconductors, Engineering
Chairman
Lee Jae-yong
Website
Headquarters
Samsung Town, Seoul, South Korea
Founded
March 1, 1938
Status
Active, Publicly Traded
Samsung Founders
Lee Byung-chul
Founder & First Chairman (1938–1987)
Samsung History
1938
Lee Byung-chul founded Samsung Sanghoe as a small trading company in Daegu, dealing in dried fish and noodles.
1969
Samsung Electronics was established in Suwon, entering the consumer electronics market with black-and-white televisions.
1992
Samsung became the world's largest producer of memory chips, overtaking established competitors.
1993
Lee Kun-hee launched the "New Management" restructuring and introduced the iconic blue-oval logo designed by Lippincott.
2022
Lee Jae-yong was appointed chairman of Samsung Electronics, becoming the third-generation leader of the conglomerate.
FAQs
Who made Samsung logo?
The current Samsung logo was designed in 1993 by Lippincott, an American brand strategy firm. It replaced the three-star emblem with a white wordmark inside a blue ellipse. A refined lettermark version followed in 2005.
Is Samsung an American company?
No. Samsung is a South Korean company founded in 1938 in Daegu, Korea. Its headquarters are in Samsung Town, Seoul. Samsung Electronics operates from Suwon, South Korea.
When did Samsung come out?
Samsung was founded on March 1, 1938, as a trading company. Samsung Electronics launched on January 13, 1969. The Galaxy smartphone line debuted in 2009.
Who owns Samsung?
Samsung Group is controlled by the founding Lee family. Lee Jae-yong, grandson of founder Lee Byung-chul, has served as chairman since October 2022. Samsung Electronics is publicly traded on the Korea Exchange.