SAMSUNG: A GLOBAL TECHNOLOGY POWERHOUSE

1. Founding and Early Years Samsung was founded on March 1, 1938, by Lee Byung-chul in Su-dong (now Ingyo-dong), South Korea. Initially, the company started as a trading business focusing on exporting dried-fish, locally-grown groceries, and noodles. Over the next three decades, Samsung diversified into textiles, insurance, food processing, and re