Something about Samsung
Samsung is a South Korean multinational conglomerate headquartered in Samsung Town, Seoul. Notable Samsung industrial affiliates include Samsung Electronics, Samsung Heavy Industries, and Samsung Engineering and Samsung C&T . Other notable subsidiaries include Samsung Life Insurance, Samsung Everland and Cheil Worldwide . Samsung has a powerful influence on South Korea's economic development, politics, media and culture and has been a major driving force behind the "Miracle on the Han River". Its affiliate companies produce around a fifth of South Korea's total exports. Samsung's revenue was equal to 17% of South Korea's $1,082 billion GDP. Etymology According to Samsung's founder, the meaning of the Korean hanja word Samsung is "tri-star" or "three stars". The word "three" represents something "big, numerous and powerful". History 1938 to 1970 In 1938, Lee Byung-chul of a large landowning family in t