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Samsung

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What is Samsung?

Samsung is a South Korean company originally founded as a grocery trading store by Lee Byung-Chull in March 1938. The company forayed in the electronics industry in 1969 and its first electronic product was a black-and-white television. Soon, the company also started exporting its products and became a major electronic manufacturer in its home country. In 1970, the company acquired a 50 per cent stake in Korea Semiconductor.
 
Witnessing a rapid expansion in the early 1980s, the company established separate branches for its various electronics businesses. It is at this time that the company also made investments in two research & development institutes which helped it become the market leader in information technology services. By 1990s, the company had become one of the top five electronics makers in the world and was mainly known for its semiconductors, LCD screens and other technology products.
 
Samsung forayed into mobile phones in 2000 with the launch of a feature phone with built-in camera that could take up to 20 photos at a time. By late 2000, the company had launched several phones, but its global success story started with the launch of the Galaxy S series of smartphones that used the company’s OLED screen technology and hummingbird processor. Besides smartphones, the company is also a major vendor of tablet computers, particularly Android-powered Samsung Galaxy Tab-series, and is regarded as the originator of the phablet category through its Samsung Galaxy Note-series devices.
 
Now, Samsung is one of the major manufacturers of electronic components globally. It is also one of the major suppliers of electronic products like batteries, semiconductors, chips, flash memory and hard drive to companies such as Apple, Sony, Nokia, etc. Samsung has also been the world's largest manufacturer of television since 2006, and of smartphones since 2011. In 2017, the company overtook Intel to also become the world's largest manufacturer of semiconductor chips.

Latest Updates on Samsung

Web Exclusive

margins likely to be hit on elevated input costs: Analysts

Updated On: 30 Jan 2023 | 11:36 AM IST

Samsung SDI will own a 51 per cent stake in the $2.5 billion joint venture company set up with the Chrysler parent, and its investment could increase to as much as $1.57 billion in the long term

Updated On: 25 May 2022 | 1:47 PM IST

Samsung promised in a statement to create 80,000 jobs through 2026, mostly in semiconductors and biopharmaceuticals.

Updated On: 25 May 2022 | 3:16 AM IST

Apart from its ultra-thin waistline and lightweight build, it is the top-notch hardware that the Galaxy Book 2 Pro has going for it

Updated On: 20 May 2022 | 7:53 PM IST

Leader Kim Jong Un abandoned a freeze on intercontinental ballistic missile testing and appears poised to resume testing of nuclear bombs, perhaps while Biden is in the region

Updated On: 20 May 2022 | 8:59 AM IST

According to the gear makers, on an average, the first phase will require about 1,000 towers in each city to be enabled with 5G gear. (Delhi alone will need 4,000 towers)

Updated On: 19 May 2022 | 2:25 AM IST

President Yoon Suk-yeol said on the 16th that he will discuss ways to strengthen global supply chain cooperation through the India-Pacific Economic Framework (IPEF) with U.S. President Joe Biden

Updated On: 17 May 2022 | 10:46 AM IST

At least four key players are bringing out a slew of handsets over a span of five days

Updated On: 17 May 2022 | 7:42 AM IST

Google and Samsung have joined hands to give developer an opportunity to sync users' health and fitness data between Android apps and their devices.

Updated On: 16 May 2022 | 11:36 AM IST

Possible price increases are in line with the industry-wide trend to charge more for chip manufacturing amid high inflation and rising raw material costs

Updated On: 14 May 2022 | 1:45 PM IST

At the forum, titled 'The Next Hyper-Connected Experience for All,' global industry experts had presentations and discussions on the topics of 6G air interface and AI-based intelligent networks for 6G

Updated On: 13 May 2022 | 2:32 PM IST

5G mobile shipments in India grew more than 300 per cent (on-year) in India in the first quarter

Updated On: 11 May 2022 | 10:52 AM IST

While Samsung has kept to its formula with the new A73 device, it has not got rid of the misgivings from the previous generation

Updated On: 09 May 2022 | 9:44 AM IST

US network operator Dish has picked Samsung to supply 5G network solutions in a multi-year deal worth over $1 billion.

Updated On: 04 May 2022 | 12:13 PM IST

"Looking at Q1 2022, there were still solid performances from Apple and Samsung, with Motorola, Google, TCL and OnePlus seeing YoY increases in volumes due to LG's exit," Fieldhack added

Updated On: 03 May 2022 | 1:54 PM IST

Samsung India senior vice-president Raju Pullan told PTI that Samsung led the Indian smartphone market in March 2022, capturing 22 per cent shipment volume and 27 per cent revenue share

Updated On: 02 May 2022 | 8:43 PM IST

Samsung led the Android market with only a 1.2 per cent decline in Q1 2022 to 8.2 million units. Its market share increased by 1.8 percentage points to 20 per cent during the same period

Updated On: 02 May 2022 | 1:40 PM IST

Samsung has launched its latest external storage device, the T7 Shield Portable Solid State Drive (PSSD), for Indian consumers.

Updated On: 27 Apr 2022 | 5:28 PM IST
Web Exclusive

Refrigerators today come in a wide range of finishes, sizes and tech features. See what works best for your family, kitchen space and budget

Updated On: 17 Apr 2022 | 6:35 PM IST

Samsung is planning to boost consumer confidence by ensuring the quality and performance of recycled parts at a level that can match that of new products.

Updated On: 14 Apr 2022 | 12:22 PM IST