-
samsung starts
founding chairman Byung-chull lee started a business in korea with 30,000 won -
samsung expands
Samsung expands into many other areas including department stores, the Joongang Ilbo daily newspaper, a shipbuilder, a securities company and a chemical firm. -
samsung established as a electric complany
Samsung Electronics is established. It produces its first black-and-white TVs in 1972 and expands to refrigerators, washing machines and colour TVs during the 1970s. -
samsung starts to grow
Samsung acquires a Korean semiconductor manufacturing firm, which later grows to become the world's top memory chip making business.
1983: Samsung Electronics starts manufacturing computers, enters 64k -
samsung starts a new industry
Samsung Electronics starts manufacturing computers, enters 64k DRAM business. -
samsung takes a lose
Lee Byung-chull dies. His third son Lee Kun-hee takes over as group chairman. He changes the focus of the group from a mass-producer of lower-end goods to one that would use innovation and superior products to build a respected brand name. -
samsung recovers
Samsung becomes the largest producer of memory chips in the world. -
samsung does not stop
Lee Kun-hee starts Samsung Motor, builds LCD plant and first liquid crystal display screen.
