Samsung Electronics
Founded during 1969 in Daegu by Lee Byung-chull, Samsung Electronics is the world’s largest electronics company. The headquarters of the famous enterprise exist in a small town called Samsung in Seoul, South Korea. Samsung is actually a subsidiary of the parent group called Samsung Group. Samsung Electronics became the largest company in terms of revenue, when it collected 117.4 billion USD in 2009. The massive company is still growing in volume with assembly plants, sales networks in over 65 countries across the world and approximately 157,000 employees.
Besides producing a wide range of reliable computer hardware, the most famous products by the Samsung include high quality LCD televisions and everyone’s favorite cell phones. Samsung was considered to be the second leading IT maker before 2009 when the organization surpassed the previous leader Hewlett-Packard (HP). Currently, Samsung is considered to be the largest company around the globe in the areas of LED and LCD.
Another important point to consider is that the parent company of Samsung i.e. Samsung Group was actually founded as a food processing company in 1938. The parent group finally decided to enter the electronic business in 1969.
Besides Samsung Electronics, the parent group established another famous subsidiary known as Samsung-NEC jointly with Japan’s NEC Corporation during 1970. Among the first major and effective acquisitions by Samsung was the purchasing of Korea Semiconductor. This wise decision finally helped the rising company become the leading manufacturer of semiconductors by that time.
The trustworthy organization precisely recognizes its hold on the vast market as they have claimed on their website: ‘we see every challenge as an opportunity, and believe that we are perfectly positioned as one of the world’s recognized leaders in the industry of digital technology.

The company’s famous yet simple logo has very wide meanings. However, the simple design specifically emphasizes simplicity and flexibility. The logo conveys a dynamic and innovative image through the ellipse which is the symbol of the universe. As evident from the design, the logo has blue color which symbolizes stability and reliability. The company claims to achieve reliability and stability around the globe.
The trusted Samsung Electronics has the honor to be among the world’s top 10 in the United State patents for four consecutive years. The huge company has around 13,000 expert researchers representing a 1.7 billion USD investment merely in the area of Research and Development. Since the year 2000, Samsung Electronics has diverted its primary focus to the digital changes in the industry which are now overcoming the whole industry.
Samsung is clearly believed to be among the most vigorous contributors to the SAMSUNG Nations Cup Riding Competition, Asian Games, SAMSUNG World Championship and many other sporting events around the glove.
The reliable Samsung Electronics is considered to be among the extremely lucky manufacturers that achieved considerable success right from their initiation. In the beginning, the resilient organization only manufactured electronic appliances including famous televisions, sturdy calculators, innovative refrigerators, high-quality air conditioners and superior washers. In early 12 years, the trusted company had produced more than ten million black & white televisions. During 1988, Samsung Electronics became the leading manufacturer of Communications and Samsung Semiconductors.
The most celebrated announcement in the history of Samsung is known as ‘Tokyo declaration’ when the founder of Samsung announced his company would enter the DRAM (dynamic random access memory) business. Just only one year after the declaration, Samsung actually became the third corporation around the globe that developed the 64k DRAM; after the US and Japanese forerunners. The company’s progress afterwards, as the pioneer in the memory chip-making industry, never slowed down.
Samsung Electronics has a wide array of electronic products including high-quality laptop computers, innovative cameras, cutting-edge printers, sturdy scanners, LCD and LED televisions but the most renowned product by Samsung these days is the vast range of vibrant cell phones. The rivals of the vendor are jumping on the bandwagon; Samsung surpasses them by constantly announcing new and better products. 3D Experience Samsung retailed over one million 3D televisions within 6 months of its takeoff.
As mentioned earlier, Samsung Electronics holds the major portion of cell phone market and sold 235 million mobile phones during 2009. Samsung’s Q3 mobile series helped the company achieve 22% cell phone market share, only after Nokia with just 12% difference. However, the solid organization is still flourishing intensely and grabbing even more percentage of market-share.
Samsung Electronics introduced the famous line of sleek laptops including slim-sized laptop X420 and a premium quality mini-laptop computer N310 in 2009. These innovative series of laptops helped the company sell more than six million laptops in the year the products were launched.
Another huge achievement in computer industry by the leading manufacturer Samsung was during 2010, when many new products, focusing on eco-friendliness and energy-efficiency including the premium laptop R580, netbook N210. During the same year, the manufacturer introduced smallest ever mono-laser printer model ML-1660 as well as color laser multifunction printer model CLX-3185.
According to recent planning, the Samsung is eyeing that finally the Samsung Apps would become a multi-device application store appealing diverse range of users from of all kinds of electronic devices including computers, cell phones and cameras. Samsung claims that its Smart TV will be the core of home entertainment in future.
After 2010 Samsung focused on Green technology, and most of the devices especially cell phones and MP3 players introduced are free from polyvinyl chloride. Furthermore, devices having flame retardants combined with Bromine were also eliminated. Owing to these efforts, Samsung improved its ranking as the penalty points were lifted.
Samsung became the most prominent company in Korea in early nineties. Nowadays, it is by far the most influential company around the globe, from Korea. Most of the Asian companies suffered the Asian financial crises but Samsung was least affected. In fact the recession helped Samsung become more influential due to its broad-based structural reforms. It is a fact that Samsung qualifies to be one of the most famous brands around the globe.