Let's talk business and in this case, SAMSUNG. Aside Samsung mobile and electronics, what else do you know about them?
Let me brief you 👇
History:
Founded on March 1, 1938, by Lee Byung-chul in Daegu, South Korea
Initially a trading company, exporting dried fish, fruits, and vegetables. Diversified into various industries, including textiles, sugar, and electronics.
Headquarters: Samsung Town, Seoul, South Korea
Operations: Over 80 countries worldwide
Employees: Approximately 320,000 employees globally
Business Areas & Companies:
1. Samsung Electronics: Semiconductors, displays, home appliances, and mobile devices
2. Samsung Heavy Industries: Shipbuilding, construction equipment, and wind turbines
3. Samsung C&T: Trading, construction, and fashion
4. Samsung Life Insurance: Life insurance and health insurance
5. Samsung Fire & Marine Insurance: Property insurance and marine insurance
6. Samsung Securities: Brokerage services and investment banking
7. Samsung Asset Management: Asset management and mutual funds
8. Samsung SDI: Batteries and electronic materials
9. Samsung Electro-Mechanics: Electronic components and module solutions
10. Samsung Corning Precision Materials: Glass substrates
11. Samsung Biologics: Biopharmaceuticals
12. Samsung Bioepis: Biosimilars
13. Samsung Medison: Medical equipment
14. Samsung SDS: IT services and cybersecurity
Innovation and Research:
1. Samsung Advanced Institute of Technology (SAIT): Research and development in emerging technologies
2. Samsung Research Institute: Research in AI, 5G, and IoT
3. Samsung Innovation Museum: Showcases Samsung's innovative products and technologies
4. Samsung Sustainability: Focuses on environmental sustainability, social responsibility, and governance
5. Samsung Foundation: Supports education, healthcare, and cultural development
6. Samsung Volunteer Program: Encourages employee volunteering and community service
Brands and Products:
1. Samsung Electronics: Home appliances, and semiconductors
2. Samsung Mobile: Mobile devices and wearables
3. Samsung Knox: Mobile security solution
Take Home🥰
1. The company's name "Samsung" means "three stars" or "tristar" in Korean.
2. Samsung Sanghoe was a trading company that exported dried fish, fruits, and vegetables to China and Japan.
3. Lee Byung-chul had a vision to expand his business into various industries, and over time, Samsung diversified into textiles, sugar, and electronics.
4. Samsung is a major player (Big Fish) in the economy of south Korea
5. You too can create your own Samsung, what you need is collaborative friends and investors and one major idea/solution
6. Now that you learnt all this for free, also share for others to learn too 🙃
Photo credit: Samsung
Written by: Martin Onyisi
#techwithmartony #inventionsforyoursmallhome #programming #developer #martonyvianney #STEM #engineering #engineeringlife
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