Inside Samsung: How the Tech Giant is Dominating Every Industry It Touches
Samsung was founded in 1938 by Lee Byung-chul as a trading company and later diversified into electronics in the late 1960s, becoming South Korea’s largest chaebol. After Lee Byung-chul’s death in 1987 the group was split among family branches, but the Lee family still controls via cross-shareholdings and Samsung Group accounts for about 20% of South Korea’s GDP. Samsung Electronics, headquartered in Suwon, is the crown jewel and one of the world’s largest tech companies, dominating memory chips and operating major display and foundry businesses. Samsung became the world’s largest mobile phone maker by units in 2012, overtaking Nokia. The