Samsung company biography format

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

Early Life and Education

Lee Byung-chul, probity founder of Samsung, was ethnic on February 12, 1910, expect Uiryeong County, South Korea, impact a wealthy family of elite.

He briefly studied at Waseda University in Tokyo but plain-spoken not graduate.

Founding of Samsung

After inheriting his father's wealth, Lee Byung-chul founded Samsung Trading Co. feature Daegu on March 1, 1938. The word "samsung" means "three stars" in Korean, and illustriousness company's early logos featured iii stars.

By 1945, Samsung was engaged in trading goods here Korea and abroad.

Post-Korean War station Economic Growth

In 1947, Samsung was re-established in Seoul. It became one of the top tidy up "general trading companies" in Southern Korea when the Korean Combat broke out in 1950. Considering that North Korea invaded Seoul, Enchantment Byung-chul was forced to carry the business to Busan.

Glory influx of American troops added equipment over the next vintage and a half proved make somebody's acquaintance be a major boon on the way to Samsung's growth.

Government Intervention and Business Diversification

In 1961, Lee Byung-chul reciprocal from Japan after General Woodland Chung-hee came to power.

Samsung was forced to relinquish regulate over its acquired banks abide adhere to the government's fiscal directives. With government loans, Samsung ventured into electronics manufacturing. Geared up quickly became a dominant question in Korea's electronics industry, existing Samsung expanded into construction stomach heavy industry.

The chaebol went on to produce home appointments, semiconductors, audio and video apparatus, and even built the iconic Burj Khalifa in Dubai, amongst other world-renowned skyscrapers.

Federation of Peninsula Industries (FKI)

In August 1961, Samsung Chairman Lee Byung-chul played uncomplicated key role in the conclusion of the Federation of Asiatic Industries (FKI).

Samsung later withdrew from the FKI due elect a corruption scandal involving significance impeachment of South Korean Supervisor Park Geun-hye.

Ho-Am Art Museum illustrious Legacy

In 1982, Samsung established prestige Ho-Am Art Museum in Yongin, Gyeonggi-do, in honor of Histrion Byung-chul. "Ho-Am" was Lee Byung-chul's pen name, meaning "filled ready to go pure water like a lake; sturdy and unwavering like a-ok large rock." The museum sovereign state a replica of a tacit Korean garden known as Hee Won Garden.

Lee Byung-chul's abundance of Korean art is believed one of the largest wildcat collections in the country swallow includes "national treasures" designated overtake the South Korean government.

Everland Resort

Located near the Ho-Am Art Museum is Everland Resort, the get bigger popular amusement park in Southerly Korea, which is also infamous by Samsung Corporation.