How Samsung Became a No. 1 Leading Company?

BORN OF SAMSUNG

The Samsung company establish as a grocery trading store on 1 March 1938 by Lee Byung – Chull in Taegu South Korea .Byung-chull’s vision for the company to be large, strong, and eternal, like stars in the sky. The three stars represent something Strongest , Multiple , and big, while the stars represent having no beginning or end in time, or lasting forever .

 The comprises numerous affiliated businesses, most of them united under the brand, and is the largest South Korean monopoly company (business conglomerate). As of 2020, It has the eighth-highest global brand value . It becoming India’s No. 1 consumer electronics and smartphone company has since grown from a USD 6 million company in India in 1995 to an over USD 10 billion company today. Now days Samsung became a global company that has been providing innovative solutions for various industries for several decades.

SAMSUNG CHANGES

Samsung Electronics Corporation was born on January 13, 1969 for Electric Industries was established as an industrial part of Group in Suwon, South Korea.  Now it become a corporate multinational company and manufacturing headquartered in Samsung Digital city , Suwon , South Korea . Company phases the difficulties and changes its logo 6 times , You can see below.

When the time of 1970s and early 1980s the rapid expansion of technology businesses. Separated semiconductor and electronics branches were established, and in 1978 an aerospace division was created. The Data Systems (now Samsung SDS) was established in 1985 to serve businesses’ growing need for systems development. That helped quickly become a leader in information technology services also created two research and development institutes that broadened the company’s technology line into electronics, semiconductors, high-polymer chemicals,  genetic engineering  tools,  telecommunication, aerospace, and nanotechnology

L0GO CHANGES

  • First logo (1938)
  • 1960s–1993, as corporate logo
  • 1969-1979
  • 1979–1993, as Electronics logo
  • 1993–2015 they though still used by other than its electronics segment
  • 2015–current, Electronics’s Wordmark and current corporate logo

BEST PRODUCTS

Clothing , Home Appliances , Samsung Electronics produces LCD and LED panels, mobile phones, memory chips, NAND flash, solid-state drives, televisions, digital cinemas screen, and laptops and many more products like Clothing , Home Appliances , Automotive, Medical Equipments, Semiconductor , Electronics Component , Health Care Service etc . The company previously produced hard-drives and printers. It consistently invests in innovation.

SOME QUALITY OF PRODUCTS

1.Innovative Technology: It is known for its cutting-edge technology and continuous innovation in its products, whether it’s smartphones, TVs, or home appliances.

      2. High-Quality Displays: It is Super AMOLED and QLED displays are renowned for their vibrant colors, deep blacks, and sharp images, making them a leader in screen technology.

      3.Durability and Build Quality: Its products are well-built and durable, ensuring longevity and reliability.

      4.Wide Range of Products: It offers a wide range of products, including smartphones, tablets, TVs, home appliances, and more, catering to various consumer needs and preferences

      5.User-Friendly Interface: Samsung’s One UI on smartphones and Tizen OS on smart TVs are intuitive, user-friendly, and offer a seamless user experience.

      samsung products

      INFLUENCE IN SOUTH KOREA

      It has a power to change or affect someone or something indirectly but usually importantly on South Korea’s economic development, politics, media and culture and has been a major driving force behind it because the revenue was equal to 22.4% of South Korea’s $1.67 trillion GDP in 2022. Samsung associates produce around fifth of South Korea’s total exports. 

      You can even say the chairman is more powerful than the  President of South Korea , the people have come to think of Samsung as invincible and above the law”, on 9 December 2012 published post an article headlined “The Republic of Samsung ” , said by Woo Suk-hoon, host of a popular economics podcast in a  Washington South Korea, Critics claimed that Samsung knocked out smaller businesses, limiting choices for South Korean consumers and sometimes cheated with their good ideas to fix price  while bullying those who investigate.  Lee Jung- hee , a South Korean presidential candidate, said in a debate, “It has the government in its hands. It manages the legal world, the press, the academics and  bureaucracy”.

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