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On March 1, 1938, founding chairman Byung-Chull Lee started a business in Taegu, Korea, with 30,000 won.
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Samsung Moolsan established (now Samsung Corporation)
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Cheil Industries Inc. founded in 1954
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Ankuk Fire & Marine Insurance acquired (renamed Samsung Fire & Marine Insurance in October 1993)
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DongBang Life Insurance acquired (renamed Samsung Life Insurance in July 1989)
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Joong-Ang Development established (known today as Samsung Everland)
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Samsung-Sanyo Electronics established (renamed Samsung Electro-Mechanics in March 1975 and merged with Samsung Electronics in March 1977)
