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Samsung - The history
Samsung was founded in 1938 in the city of Daegu, about 200 kilometers south of Seoul. This was back during the Japanese occupation before the country was divided into north and south. The name Samsung itself is two words, "Sam," meaning three, and "Sung," meaning star. Until recently, you could even see them in the logo.
The company's founder was 30-year-old Lee Byung-Chul, heir to a wealthy landowning family and a would-be graduate of Waseda University in Tokyo. However, this is not one of those stories where the young man had only ambition and dreams. To start the company, Lee had 30,000 won from his family, roughly two thousand average wages at the time.
In the 1990s, the digital revolution was gaining momentum, and Samsung continued to fight for a place in the electronics market. The giant produced memory for computers, LCD screens, and chips, but that was not its only venture.
The real breakthrough in this field came in 2001, with the SPH-i300 model. The device had a touchscreen color display, PalmOS operating system, and network connectivity. The next years heralded further development. Today, Samsung is a giant in its industry and one of the most popular brands in the world.
