Who is the Owner of Samsung | Wiki

What Is Samsung

The South Korean multinational electronics company Samsung Electronics Co., Ltd. has its headquarters in Yeongtong-gu, Suwon, South Korea. In 2012, it was responsible for 70% of the group’s revenue, making it the apex of the Samsung chaebol.

For clients like Apple, Sony, HTC, and Nokia, Samsung is a major manufacturer of electronic components like lithium-ion batteries, semiconductors, image sensors, camera modules, and displays. It started with the original Samsung Solstice and has grown to become the largest smartphone and mobile phone manufacturer in the world thanks to the success of its Samsung Galaxy product line.

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Company Name Samsung
Official Website samsung.com
Founder Lee Byung-chul
Founded 1938
Type Private
Status
Active
Head Office South Korea
Address
40th floor Samsung Electronics Building, 11, Seocho-daero 74-gil, Seocho District, Seoul, South Korea
Industry Conglomerate
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Who is the Owner of Samsung Wiki

Who is the Owner of Samsung Wiki

  • Details of the owner of Samsung

Full Information about the owner of Samsung

Lee Byung-Chul established Samsung as a trading company in 1938. Tragically, he passed away in 1987. Kun-hee Lee, his son, inherits the Samsung Corporation as sole proprietor and owner of Samsung immediately. In October 2020, Lee Kun-hee passed away from a long-term illness. His family has already begun a legal battle in anticipation of taking control of him.

Due to circular ownership, Samsung Electronics has been an important part of the group’s corporate governance. Samsung Electronics employs approximately 290,000 people across its assembly plants and sales networks in 74 nations. Foreign investors own a majority stake. With a market capitalization of 520.65 billion US dollars, Samsung Electronics is the world’s second-largest technology company by revenue in 2019.

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The Samsung Galaxy Note family of devices is credited with establishing the phablet market and making the company a major supplier of tablet computers, particularly those powered by Android. Additionally, it has produced smartphones with 5G capabilities, such as the Galaxy S22, and smartphones that fold, such as the Galaxy Z Fold 4.

Since 2006, Samsung has been the largest manufacturer of televisions and mobile phones in the world, surpassing Apple in 2011. It is also the largest manufacturer of memory chips in the world. From 2017 to 2018, it was the largest semiconductor company in the world, briefly overtaking Intel, which had been the leader for decades.

Kwon Oh-Hyun was made CEO of the business in 2012. He stated in October 2017 that an “unprecedented crisis” would lead to his resignation in March 2018. From March 2018 to December 2021, when the business units were reorganized, the company had three CEOs—Ki Nam Kim, Hyun Suk Kim, and Dong-Jin Koh—who was replaced by Kyung Kye-Hyun and Han Jong-hee.In addition, it has had its own regional CEO, HC Hong, who led the company in Southwest Asia beginning in 2015 and moved to Latin America in 2020.

The company expanded into retail, textiles, insurance, securities, and food processing over the next three decades. In the middle of the 1970s, Samsung entered the shipbuilding and construction industries in addition to the electronics sector; Its subsequent expansion would be driven by these areas. Samsung was divided into five business groups following Lee’s death in 1987: the Samsung Group, Shinsegae Group, CJ Group, Hansol Group, and Joongang Group.

It is the world’s largest information technology company, consumer electronics manufacturer, and chipmaker according to 2017 revenues, Samsung Heavy Industries, the world’s second-largest shipbuilder according to 2010 revenues, and

Samsung Engineering and Samsung C&T Corporation are notable industrial affiliates. Samsung Life Insurance, which is the 14th largest life insurance company in the world, Samsung Everland, which is the operator of the oldest theme park in South Korea, and Cheil Worldwide, which is the 15th largest advertising agency in the world based on 2012 revenues, are two additional notable subsidiaries.

  • How To Contact Samsung?

Contact Samsung

Phone Number: 1-800-5-726-7864 (India), +880 9612300300 (Bangladesh), +94 11 7267864 (Sri Lanka), +977 16600172667 (Nepal)

Whatsapp: 1800 5 7267864

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