Samsung is a South Korean multinational enterprise
company headquartered in Samsung town, Seoul. It comprises numerous subsidiaries and affiliated businesses; most of them united under the Samsung brand, and is the largest South Korean chaebol (business conglomerate).Samsung was founded by Lee yung!chul in "#$% as a trading company. &'er the ne(t three decades the group di'ersified into areas including food processing, te(tiles, insurance, securities and retail. Samsung entered the electronics industry in the late "#)*s and the construction and shipbuilding industries in the mid!"#+*s; these areas would dri'e its subsequent growth. ,ollowing Lee-s death in "#%+, Samsung was separated into four business groups . Samsung /roup, Shinsegae /roup, 01 /roup and 2ansol /roup. Since the "##*s Samsung has increasingly globali3ed its acti'ities, and electronics, particularly mobile phones and semiconductors, ha'e become its most important source of income. ,or o'er +* years, Samsung has been dedicated to ma4ing a better world through di'erse businesses that today span ad'anced technology, semiconductors, s4yscraper and plant construction, petrochemicals, fashion, medicine, finance, hotels, and more. Samsung 5lectronics leads the global mar4et in high!tech electronics manufacturing and digital media. 6hrough inno'ati'e, reliable products and ser'ices; talented people; a responsible approach to business and global citi3enship; and collaboration with our partners and customers, Samsung is ta4ing the world in imaginati'e new directions. 7s stated in its new motto, Samsung 5lectronics- 'ision for the new decade is, 8Inspire the 9orld, 0reate the ,uture.8 6his new 'ision reflects Samsung 5lectronics: commitment to inspiring its communities by le'eraging Samsung-s three 4ey strengths; <=ew 6echnology,> <Inno'ati'e ?roducts,> and <0reati'e Solutions.> !! 7nd to promoting new 'alue for Samsung-s core networ4s !! Industry, ?artners, and 5mployees. 6hrough these efforts, Samsung hopes to contribute to a better world and a richer e(perience for all. 7s part of this 'ision, Samsung has mapped out a specific plan of reaching @A** billion in re'enue and becoming one of the world:s top fi'e brands by B*B*. 6o this end, Samsung has also established three strategic approaches in its management; <0reati'ity,> <?artnership,> and <6alent.> Samsung is e(cited about the future. 7s we build on our pre'ious accomplishments, we loo4 forward to e(ploring new territories, including health, medicine, and biotechnology. Samsung is committed to being a creati'e leader in new mar4ets and becoming a truly =o. " business going forward.