We take a look at Samsung from its beginning in our complete timeline
Byung-Chull Lee started a business to become known as Samsung, meaning “three stars” in Korean. It was a grocery trading company with 40 employees.
Samsung diversified and entered a number of different industries including insurance, securities, and retail.
The Samsung Group entered into electronics and set up a number of divisions including Samsung Electronics Devices Co., Samsung Electro-Mechanics Co., Samsung Corning Co., and Samsung Semiconductor & Telecommunications Co. The HQ moved to Suwon.
Samsung acquired Hanguk Jeonja Tongsin and started making telecommunications equipment including switchboards
Samsung Mobile gets its start in Korea
Samsung introduces a line of car phones
Samsung releases the SH-700 series, with favorable lightweight design
Samsung develops world’s first MPEG III, or MP3
Samsung partners with Sprint and breaks into the American market. The SCH-100 was Samsung’s first digital handset; the SCH-1100 it’s first PCS phone
Samsung becomes the leader in the Personal Communications Service (PCS) market and signs up as Worldwide Olympic Partner Worldwide (TOP) in the wireless communications category
Samsung introduces its wireless internet “smartphone”, and produces first phone that doubles as an MP3 player
Samsung produces its 50 millionth mobile phone
Some of Samsung’s most successful phones include the Blade, the Monte, and Wave, the Jet Ultra, and the Galaxy S.
Samsung launches Galaxy Tab – rival to Apple iPad
The Samsung Tocca Ultra and Samsung Wave made our list for Top 10 Selling UK mobile phones; the Samsung Galaxy S tops the list as #1.