How many years has Samsung been established?

March 1938, 1 Mr. Li Bingzhe, former president of Samsung, invested 30,000 won (about 200 yuan RMB at today's exchange rate) to establish the "Samsung Chamber of Commerce" in Daegu, South Korea. In the early days, Samsung's main business was to export Korean dried fish, vegetables and fruits to Beijing and Manzhouli in China. Soon after, Samsung set up a factory and began to produce and sell flour and sugar. 1948, Samsung moved its office to Seoul, the capital of South Korea, and established the "Samsung Products" company. "The establishment of Samsung products marks the beginning of Samsung's official international trade business. At that time, when the corporate atmosphere was still conservative, Samsung allowed employees to participate in investment and profit sharing, and rewarded employees with meritorious service. Samsung's distinctive management style began to become famous in South Korea.

In order to support the recovery of South Korea's economy, South Korea got rid of Japanese rule in 1945, but at that time, due to social and political turmoil, South Korea's economy became extremely unstable, and the Korean War that began in 1950 had a serious impact on South Korea's economic development. Samsung, which developed steadily, lost almost all its property because of the war, but Samsung did not suffer from it. 195 1 year, Samsung moved its company to Busan, a port city in the southeast of South Korea, and established a Samsung products company. At that time, when South Korea was extremely short of materials and all kinds of daily necessities were heavily dependent on imports, Samsung began to develop into the production field in order to help restore and develop the Korean economy and realize the concept of "serving the country with a career". 1953, Samsung established the "first sugar production", ending the history of South Korea's dependence on imported sugar; 1954, Samsung established the "first wool fabric", which initiated the era of self-produced fabrics in Korea. The realization of self-sufficiency in these basic consumer goods laid the foundation for the rise of the Korean economy. It is worth mentioning that in the mid-1950s, most Korean companies still employed employees through the relationship between schools, families and relatives. Samsung took the lead in establishing an open recruitment system to improve labor efficiency and employee welfare.

In the early 1960s, the political turmoil in South Korea still seriously affected the social and economic development. Samsung has also experienced many difficulties. Despite the difficulties, Samsung, which is committed to rejuvenating the country, is ready to rebuild the Korean economy again. 1969, Samsung Electronics was formally established. According to Mr. Li Bingzhe's analysis at that time, from the aspects of technology, labor situation, added value and export expectation, the electronic industry is the most suitable industry for Korean national conditions. Judging from the success of Samsung Electronics in the world semiconductor field, he couldn't be more correct at that time. In addition, Samsung also set up a fertilizer production company in Korea, striving to achieve fertilizer self-sufficiency in Korea. Samsung began to pursue expansion in several major industrial fields and became the leader of Korean enterprises. Since then, Samsung has not only focused on enterprise management, but also focused on the development of social education and culture in South Korea. The company has invested a lot of money in Daegu and Sungkyunkwan University to train talents. In order to repay the society, Samsung established the Samsung Award Society on June 1964. 1965 In April, the Samsung Cultural Consortium was established and began to play an important role in the social and cultural development of South Korea.

From 1962 to 1972, the Korean economy has achieved sustained and rapid growth. 1973 in order to promote further economic development and achieve a high degree of economic independence, South Korea decided to encourage the development of heavy chemical industry. Samsung responded to the call and laid the foundation for several future strategic industrial fields such as heavy industry, chemistry and petroleum in South Korea. 1in August, 973, Samsung put forward the "second five-year business plan", invested heavily in heavy industry and chemical industry, and decided to set up a shipbuilding department. Samsung also successfully realized the integration of textile production from raw materials to end products. 1974, Samsung heavy industry company was established; 1977, Samsung Shipyard and "Samsung Precision" (predecessor of Samsung Techwin). In the early 1970s, Samsung began to produce household appliances such as televisions and video recorders, and entered the international market. 1974, after the acquisition of 50% shares of Korean semiconductor company, the myth of Samsung Electronics in the semiconductor field began.