SAMSUNG

SAMSUNG
Samsung is a conglomerate of multinational companies based in Seoul, South Korea. It is the largest South Korean business group, with numerous subsidiaries covering businesses such as consumer electronics, technology, finance, insurance, construction, biotechnology and services sector among others

HISTORY
The group was founded in 1938 by entrepreneur "Lee Byung-chul" as an import and export company of products.

The origins of the current Samsung group were on March 1,1938.

On November 1, 1969, Samsung founded in Suwon what will be its most famous subsidiary.

The most important companies it controls are Samsung Electronics, the second largest electronic company by revenue.

CONSOLIDATION
Samsung Electronics, specialized in technology and electronics. Thanks to an agreement with Japan, NEC Corporation began producing appliances and audiovisual devices, selling more than 10 million television sets throughout the 1970s.

Starting in 1974, it would develop its own semiconductors by absorbing Korea Semiconductor, one of the pioneers in the manufacture of electronic chips, and in 1980 ventures into telecommunications.

Lee Byung-chul maintained control of Samsung until his death in 1987, being succeeded by his third son Lee Kun-hee.
 * 1) https://es.wikipedia.org/wiki/Samsung.