Within the phrase of know-how, there aren’t many names larger than Samsung. This behemoth firm makes all the pieces from smartphones to fridges. The place did the identify “Samsung” come from, and does it imply something important?
The Samsung we all know in the present day is solely completely different from the unique firm. It was began all the best way again in 1938 by Lee Byung-chul in Korea. It was a small buying and selling firm and grocery retailer with solely round 40 staff.
It wasn’t till the Sixties that Samsung entered the electronics business. A number of electronics divisions had been shaped, together with Samsung Electronics, which is what most individuals these days are referring to once they speak about Samsung.
Samsung turned the world’s largest producer of reminiscence chips by 1992. Ten years later, it was the world’s largest producer of liquid-crystal shows. In 2012, Samsung turned the world’s largest mobile phone maker, passing Nokia.
The Samsung Electronics division accounts for round 70% of Samsung’s complete income. As of 2019, it was the second largest know-how firm on this planet by income. Samsung smartphones account for 23% of worldwide smartphone gross sales as of April 2022. That places them within the high spot.
The Which means of Samsung’s Identify
The Samsung identify was chosen by founder Lee Byung-chul; it means “three stars.” Based on Samsung’s official file, his imaginative and prescient was for the corporate to be “highly effective and eternal like the celebs within the sky.”
The three stars had been current within the authentic and subsequent logos till the corporate launched the emblem we all know in the present day in 1993.
As an organization that’s over 80 years outdated and leads the know-how business in lots of areas, it could appear Samsung has achieved its founder’s objective of being highly effective and eternal. Yow will discover Samsung on a lot of our buying guides, together with Android phones, 4K TVs, smartwatches, and Chromebooks!