Samsung
Samsung cluster (Hangul: 삼성그룹; Hanja: 三星그룹) Korean pronunciation: could be a South Korean transnational conglomerate company headquartered in Samsung city, Seoul. It contains various subsidiaries and connected businesses, most of them united below the Samsung complete, and is that the largest South Korean chaebol.
Samsung was based by Lee Byung-chul in 1938 as a commerce company. Over following 3 decades the cluster wide-ranging into areas as well as food process, textiles, insurance, securities and retail. Samsung entered the industry within the late Nineteen Sixties and also the construction and building industries within the mid-1970s; these areas would drive its consequent growth. Following Lee's death in 1987, Samsung was separated into four business teams – Samsung cluster, Shinsegae cluster, CJ cluster and Hansol cluster. Since the Nineties Samsung has progressively globalised its activities, and natural philosophy, notably mobile phones and semiconductors, has become its most significant supply of financial gain.
Notable Samsung industrial subsidiaries embody Samsung natural philosophy (the world's largest data technology company measured by 2012 revenues), Samsung serious Industries (the world's second-largest shipbuilder measured by 2010 revenues), and Samsung Engineering and Samsung C&T (respectively the world's 15th- and 63nd-largest construction companies). different notable subsidiaries embody Samsung insurance (the world's 14th-largest insurance company), Samsung Everland (operator of Everland Resort, the oldest amusement park in South Korea), Samsung Techwin (an region, police work and defence company) and Cheil Worldwide (the world's 16th-largest ad agency measured by 2011 revenues).
Samsung includes a powerful influence on South Korea's economic development, politics, media and culture, and has been a significant propulsion behind the "Miracle on the Han River".Its affiliate corporations manufacture around a fifth of South Korea's total exports. Samsung's revenue was adequate to terrorist organization of the South Korea's $1082 billion GDP.
In 2013, Samsung begun construction on building the world's largest movable industrial plant within the Thai Nguyen province of Vietnam.
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