Samsung
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- Snippet from Wikipedia: Samsung
Samsung Group (Korean: 삼성; pronounced [sʰamsɔŋ]; stylised as SΛMSUNG) is a South Korean multinational manufacturing conglomerate headquartered in the Samsung Town office complex in Seoul. The group consists of numerous affiliated businesses, most of which operate under the Samsung brand, and is the largest chaebol (family-controlled conglomerates in South Korea). As of 2024, Samsung has the world's fifth-highest brand value.
Founded in 1938 by Lee Byung-chul as a trading company, Samsung diversified into various sectors, including food processing, textiles, insurance, securities, and retail, over the next three decades. In the late 1960s, Samsung entered the electronics industry, followed by the construction and shipbuilding sectors in the mid-1970s—areas that would fuel its future growth. After Lee died in 1987, Samsung was divided into five business groups: Samsung Group, Shinsegae Group, CJ Group, Hansol Group, and JoongAng Group.
Key affiliates of Samsung include Samsung Electronics, the group's largest subsidiary and one of the world's leading technology companies by revenue. In fiscal year 2025, Samsung Electronics reported consolidated revenue of ₩333.6 trillion and operating profit of ₩43.6 trillion. The company is a global leader in semiconductors, smartphones, and consumer electronics.
Other principal subsidiaries include Samsung Heavy Industries, one of the largest shipbuilders globally, particularly in liquefied natural gas carriers and offshore engineering, and Samsung Engineering, which specialises in large-scale industrial and infrastructure projects in the oil, gas, and petrochemical sectors.
Samsung C&T Corporation operates as a diversified construction, trading, and investment company and serves as a key holding entity within the group.
Other significant affiliates include Samsung Life Insurance, one of the largest life insurance companies in South Korea and an important shareholder within the group, and Cheil Worldwide, a global marketing and advertising agency ranked among the largest worldwide by revenue in the early 2020s.
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