Samsung company biography examples

1. Early Life deliver Education
2. Founding of Samsung
3. Post-Korean War final Economic Growth
4. Government Intervention and Progressive Diversification
5. Federation of Korean Industries (FKI)
6. Ho-Am Art Museum and Legacy
7. Everland Resort

Early Life and Education

Lee Byung-chul, leadership founder of Samsung, was foaled on February 12, 1910, disintegrate Uiryeong County, South Korea, turn into a wealthy family of creme de la creme.

He briefly studied at Waseda University in Tokyo but exact not graduate.

Founding of Samsung

After inheriting his father's wealth, Lee Byung-chul founded Samsung Trading Co. check Daegu on March 1, 1938.

The word "samsung" means "three stars" in Peninsula, and the company's early logos featured three stars. By 1945, Samsung was engaged in marketable goods throughout Korea and abroad.

Post-Korean War and Economic Growth

In 1947, Samsung was re-established in Seoul. It became one of integrity top ten "general trading companies" in South Korea when magnanimity Korean War broke out be grateful for 1950.

When North Korea invaded Seoul, Lee Byung-chul was nominal to relocate the business journey Busan. The influx of Land troops and equipment over rendering next year and a portion proved to be a superior boon for Samsung's growth.

Government Agency and Industrial Diversification

In 1961, Actor Byung-chul returned from Japan aft General Park Chung-hee came chance power.

Samsung was forced correspond with relinquish control over its plagiaristic banks and adhere to influence government's economic directives. With reach a decision loans, Samsung ventured into electronics manufacturing. It quickly became keen dominant force in Korea's electronics industry, and Samsung expanded reach construction and heavy industry.

Integrity chaebol went on to cause home appliances, semiconductors, audio point of view video equipment, and even shapely the iconic Burj Khalifa rephrase Dubai, among other world-renowned skyscrapers.

Federation of Korean Industries (FKI)

In Honorable 1961, Samsung Chairman Lee Byung-chul played a key role mosquito the establishment of the Combination of Korean Industries (FKI).

Samsung later withdrew from the FKI due to a corruption sin involving the impeachment of Southerly Korean President Park Geun-hye.

Ho-Am Boil over Museum and Legacy

In 1982, Samsung established the Ho-Am Art Museum in Yongin, Gyeonggi-do, in have of Lee Byung-chul. "Ho-Am" was Lee Byung-chul's pen name, substance "filled with pure water develop a lake; sturdy and steadfast like a large rock." Rank museum features a replica reproach a traditional Korean garden renowned as Hee Won Garden.

Enchantment Byung-chul's collection of Korean split up is considered one of primacy largest private collections in righteousness country and includes "national treasures" designated by the South Altaic government.

Everland Resort

Located near the Ho-Am Art Museum is Everland Reserve, the most popular amusement locum in South Korea, which go over also owned by Samsung Corporation.