Development of Samsung

By Meruyel

  • Lee Byung Chul forms Samsung.

    Lee Byung Chul started Samsung as a trading company based in a city called Taegu in what is now South Korea.
  • Period: to

    Development of Samsung

    This is a timeline of Samsung, a South Korean multinational conglomerate headquartered in Samsung Town, Seoul.

  • Samsung Electronics is created

    Samsung Electronics is created and begins making parts and home appliances for Sanyo Electric Co

  • Samsung Electronics produces its first black and white TVs.

  • Samsung Electronics and Corning work together

    Samsung Electronics and Corning form a joint venture to produce glass for TV cathode-ray tubes

  • Samsung Electronics acquires 50% of Korea Semiconductor Co

    Samsung Electronics acquires 50% of Korea Semiconductor Co, its first foray into the chip business. Earns its first profit, $1.24 million, on sales of $27.7 million.

  • Samsung launches Korea’s first frost-free refrigerator.

  • Samsung begins production of electric desk calculators for the first time in Korea.

  • Samsung launches first air conditioners.

  • Samsung Heavy Industries is founded.

  • Samsung Electronics lists on the Korea Stock Exchange.

  • Samsung Electronics produces its first color TVs.

  • Samsung Electronics merges with Samsung Electro-Mechanics.

  • amsung Electronics becomes the world’s leading producer of black and white TVs.

    Samsung Electronics becomes the world’s leading producer of black and white TVs, begins making microwave ovens, starts first overseas sales office in U.S. and surpasses $100 million in annual exports

  • Samsung Electronics acquires government-owned telecom equipment maker Korea Telecommunications Corp.

  • Samsung Electronics produces its first PCs and starts first overseas production plant, in Portugal.

  • Samsung Electronics’ U.S. subsidiary develops the company’s first DRAM chip, a 64-Kbit device.

  • Samsung Data Systems Established

  • Samsung Begins To Grow

    The company continued to make advancements on the technology and product-quality fronts, with a number of its technology products

  • Samsung Electronics becomes the world’s leading DRAM maker.

  • Samsung Electronics exports first CDMA cell phone handsets, to Hong Kong.

  • Samsung Electronics ships 50-millionth cellular handset.

  • Samsung Galaxy Production Starts

    The 2000s witnessed the birth of Samsung’s Galaxy smartphone series

  • Samsung becomes #1 in TV sales

  • Samsung smartphones get more advanced

  • Samsung announced the Gear VR, a virtual reality device developed for use with the Galaxy Note 4.

  • Samsung had more US patents approved than any other company, being granted over 7,500 utility patents before the end of the year.

  • Samsung was given governmental permission to start testing a self-driving car.

  • Samsung Creates the first foldable smartphone.

  • Samsung unveiled its new S10 series of devices at Galaxy Unpacked 2019

  • Samsung Galaxy S22 was announced on the Unpacking event.