Who owns Samsung?

Samsung is a South Korean multinational manufacturing company. It comprises numerous affiliated businesses and is the largest South Korean conglomerate. As of 2020, Samsung had the eighth highest global brand value.

Samsung's notable affiliates include:

• Samsung Electronics (the largest information technology company, consumer electronics maker, and chipmaker in the world)

• Samsung Heavy Industries (the world's second-largest shipbuilder)

• Samsung Engineering

• Samsung CT Corporation

• Samsung Life Insurance

• Samsung Everland

• Cheil Worldwide

Samsung was founded in 1938 by Lee Byung-Chul as a trading company. Over the next three decades, the company diversified into areas including food processing, textiles, and retail. Samsung entered the electronics industry in the 1960s and the construction and shipbuilding industries in the 1970s.

Following Lee's death in 1987, Samsung was separated into five business groups:

• Samsung Group

• Shinsegae Group

• CJ Group

• Hansol Group

• Joongang Group

Since 1990, Samsung has worked on globalizing its activities and electronics, in particular, its mobile phones and semiconductors, and has become a household name worldwide. In 2021, Samsung reported annual revenue of $13.6 billion (not including its subsidiaries) and approximately 2,000 employees.