Country-manufacturer Samsung – Korea, the company was founded, as it was here in 1938 in the city of Daegu. Its founder Bong Chul Lee (pronounced Chull Lee) was a Korean businessman whose financial status (2 thousand dollars at that time) was only 30 thousand won.
In honor of Bonga, the founder of the company at that time, Samsung received the name (in Korean “three stars”). But about the origin of Samsung and its name. There is also other information. Which one is correct – is unknown.So Samsung is considered a world leader in the production of various equipment and electronics, but at the time of the foundation of our company’s employees engaged in something quite different – namely, the production of rice flour. Only in 1969, the company made a breakthrough in the technical field. At the beginning of the company, together with Sanyo (Japan Electronics), we started to produce semiconductors. Later, the factory was opened, which was involved in the installation of white and black-and TVs. Since 1973, the production has gradually undergone a major change in the production of household appliances. A joint venture between two opposing companies turned into a whole corporation under the name of Samsung Electronics.