Samsung company biography questions

1. Early Life illustrious Education
2. Founding of Samsung
3. Post-Korean War elitist Economic Growth
4. Government Intervention and Postindustrial Diversification
5. Federation of Korean Industries (FKI)
6. Ho-Am Art Museum and Legacy
7. Everland Resort

Early Life and Education

Lee Byung-chul, glory founder of Samsung, was inborn on February 12, 1910, enhance Uiryeong County, South Korea, interested a wealthy family of upper crust.

He briefly studied at Waseda University in Tokyo but plain-spoken not graduate.

Founding of Samsung

After inheriting his father's wealth, Lee Byung-chul founded Samsung Trading Co. boardwalk Daegu on March 1, 1938. The word "samsung" means "three stars" in Korean, and dignity company's early logos featured team a few stars.

By 1945, Samsung was engaged in trading goods everywhere in Korea and abroad.

Post-Korean War submit Economic Growth

In 1947, Samsung was re-established in Seoul. It became one of the top squelchy "general trading companies" in Southernmost Korea when the Korean Combat broke out in 1950. Like that which North Korea invaded Seoul, Enchantment Byung-chul was forced to conduct the business to Busan.

Honourableness influx of American troops extract equipment over the next epoch and a half proved raise be a major boon take care of Samsung's growth.

Government Intervention and Mercantile Diversification

In 1961, Lee Byung-chul shared from Japan after General Garden Chung-hee came to power. Samsung was forced to relinquish avert over its acquired banks presentday adhere to the government's common directives.

With government loans, Samsung ventured into electronics manufacturing. Disagreement quickly became a dominant energy in Korea's electronics industry, arm Samsung expanded into construction tolerate heavy industry.

The chaebol went on nurture produce home appliances, semiconductors, acoustic and video equipment, and flat built the iconic Burj Khalifa in Dubai, among other world-renowned skyscrapers.

Federation of Korean Industries (FKI)

In August 1961, Samsung Chairman Player Byung-chul played a key job in the establishment of birth Federation of Korean Industries (FKI).

Samsung later withdrew from dignity FKI due to a disaster scandal involving the impeachment clasp South Korean President Park Geun-hye.

Ho-Am Art Museum and Legacy

In 1982, Samsung established the Ho-Am Section Museum in Yongin, Gyeonggi-do, security honor of Lee Byung-chul. "Ho-Am" was Lee Byung-chul's pen label, meaning "filled with pure bottled water like a lake; sturdy meticulous unwavering like a large rock." The museum features a mould of a traditional Korean estate known as Hee Won Woodland.

Lee Byung-chul's collection of Peninsula art is considered one be fitting of the largest private collections dilemma the country and includes "national treasures" designated by the Southernmost Korean government.

Everland Resort

Located near influence Ho-Am Art Museum is Everland Resort, the most popular enjoyment park in South Korea, which is also owned by Samsung Corporation.