Effects of Samsung

severalise the development of the company over time (including its origin) and provide information on range of products and activities From its inception as a small export vexation in Taegu, Korea, Samsung has grown to become one of the originations leading electronics companies, specializing in digital appliances and media, semiconductors, memory, and system integration. Today Samsungs innovative and top quality products and processes are world recognized. 1938-1957 Samsungs beginning In 1938 the Samsungs nameer Byung-Chull Lee set up a trade export company in Korea, selling fish, vegetables, and take to China.Within a decade Samusng had flour mills and confectionary machines and became a co-operation in 1951. 1958-1979 Diversifying in Industries and Electronics From 1958 onwards, Samsung began to expand into other industries such as financial, media, chemicals and ship build throughout the 1970s. Soon after, Samsung created its own electronic appliances. 1980-1989 Entering th e global food market During the late 1970s and early 1980s, Samsung diversified and expanded globally. The company started build bigger manufacturing plants for its appliances and electronics from 1982 to1987 in New York, England and Portugal. 990-1999 Becoming a Global magnate In the mid-1990s, 17 different products climbed into the ranks of the top-five products for global market share in their respective areas. Despite the 1997 financial crisis that affected nearly all Korean businesses, Samsung was one of few companies that continued growing. 2000-Present Pioneering the Digital Age Now, Samsung is perfectly positioned as one of the worlds recognized leaders in the digital technology labor, and they has won the No. 1 global market share for 13 of their products, including semiconductors, and CDMA alert phones.Samsung Electronics Samsung Electronics was created in 1969, products include televisions and many other kinds of home appliances, telecommunications equipment, and com puters. Its most all important(p) product is semiconductors. Semiconductors Lee had determined in the mid-1970s that high-tech electronics was the growth industry of the future, he formed Samsung Semiconductor and Telecommunications Co. in 1978. Utilizing its newly acquired knowledge, Samsung became the branch Korean manufacturer of low-cost, relatively low-tech, 64-kilobit dynamic random access memory (DRAM) chips. TelecommunicationsSamsung first time offering was a car Phone in 1986, exclusively it have poor reception and low sales. In 1993, a routine point came in company when it released the SH-700 series. supple of this Series have sleeker public figure and better sound quality, with a better product, Samsung reclaim more than half the mobile phone market share in Korea. Samsung cell phones found its way into American hands for the first time in 1996. A few years later, South America and Japan were enjoying the high-end design of Samsung Mobile phones. In early 2009, Sam sung Mobiles global market share stood at more than 17 percent, second only to Nokia.