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SAMSUNG
Samsung history
An incredible journey from humble beginnings to a industry leader in technology
1930 - 1969
1938
Samsung was founded as a grocery trading store on March 1, 1938, by Lee Byung-Chull.
1951
Samsung Moolsan established (now Samsung Corporation).
1954
Cheil Industries Inc. founded.
1958
Ankuk Fire & Marine Insurance acquired (renamed Samsung Fire & Marine Insurance in October 1993).
1963
DongBang Life Insurance acquired (renamed Samsung Life Insurance in July 1989).
1966
Joong-Ang Development established (known today as Samsung Everland).
1969
Samsung-Sanyo Electronics established (renamed Samsung Electro-Mechanics in March 1975 and merged with Samsung Electronics in March 1977).
1970 - 1979
1970
Samsung-Sanyo launched the black-and-white TV model P-3202.
1972
Samsung-Sanyo began production of black-and-white televisions for domestic sale.
1974
Samsung Heavy Industries incorporated.
1976
Samsung Electro-Mechanics produced 1 millionth black-and-white TV.
1977
Samsung Electronics started export of color televisions.
1978
Samsung Electronics produced 4 millionth black-and-white TV (most in the world).
1979
Samsung Electronics began mass production of microwave ovens.
1980 - 1989
1980
Samsung Electronics began producing air conditioners.
1981
Samsung Electronics produced 1 millionth color TV.
1982
Samsung Electronics established sales subsidiary (SEG) in Germany.
1983
Samsung Electronics began production of personal computers (PCs).
1984
Samsung Data Systems established (Renamed Samsung SDS).
1988
Samsung Semiconductor & Telecommunications Co merged with Samsung Electronics.
1988
Samsung Home appliances, telecommunications, and semiconductors selected as core business lines.
1989
Samsung BP Chemicals founded.
1990 - 1999
1992
Samsung Electronics developed mobile phone system.
1993
Samsung Electronics acquired U.S. firm HMS.
1994
Samsung Aerospace developed the world’s first four-power zoom camera.
1995
Samsung Entertainment Group started.
1996
Samsung Electronics developed world’s fastest CPU (central processing unit), the Alpha chip.
1997
Samsung Electronics became a Worldwide Olympic Partner in the wireless communications category.
1999
Samsung Electronics became the first company in the world to mass-produce and offer a full line up of digital TVs.
2000 - 2009
2000
Samsung Olympic Games Phone selected as the official mobile phone of the Sydney 2000 Olympic Games.
2001
Samsung Electronics ranked No. 1 of world’s Top 100 IT Companies by BusinessWeek.
2002
Samsung ranked No.1 in NAND flash memory and display driver ICs (DDIs) market.
2003
Samsung Electronics ranked 5th on the “Most Admired Electronics Company” list released by the Fortune Magazine.
2005
Samsung Electronics ranked 27th in “the World’s Most Admired Company” of Fortune.
2007
Samsung Electronics attained No.1 worldwide market share position for LCD for the sixth year in a row.
2008
Samsung Electronics launched OMNIA phone.
2009
Samsung Electronics built the world’s largest mobile phone as recorded in the Guinness Book of World Records.
2010 - 2019
2011
Samsung Electronics won the Innovation Awards at the CES 2012 with 30 products.
2015
Samsung ranks #1 in Corporate Brand Reputation in the U.S.
2015
Samsung Electronics wins 27 awards at Cannes Lions 2015.
2015
Samsung Electronics ranked #1 for 4G LTE/LTE-A standard-essential patents.
2016
Samsung ranks #1 in US smartphone market with 28.8% market share.
2016
Samsung claims top spot as Best Brand in Asia for fifth consecutive year.
2017
Samsung wins 36 Innovation awards at 2017 CES.
2018
Samsung launches ‘QLED 8K’ and world’s first modular TV ‘The Wall’.
2019
Samsung unveils Galaxy Fold, the first-of-its-kind, foldable mobile device with the functionality of both a smartphone and a tablet.
2020 – Present
2020
Launched world’s first ultra-high speed DRAM for AI and next-generation super computers.
2020
Unveiled Galaxy Z Flip, a foldable model with a new form factor.
2021
Unveiled Neo QLED TV, featuring significantly enhanced contrast and picture quality compared to QLED TVs.
2022
Samsung ranks 5th in Interbrand's ‘Best global brands’ with a brand value of 74.6 billion USD
2024
Samsung launches new “Galaxy AI” Generative AI features across smartphones
2024
Samsung launches new form factor, the Samsung Ring