In 1969, Samsung officially kicked off its business venture in the electronics industry. It called itself SAMSUNG Electronics. It first started off with its most famous product the Samsung TV, the mobile phones arena, computer components, radios, and other electronic devices like the Samsung fridges. This was their core business all through the 90’s to date. They have expanded their electronic base opening branches in other countries outside South Korea its founding country. It has also improved its technology keeping up with the industry dynamics.
Samsung expanded its operations building more factories in the US, Thailand, Mexico, Britain, China, Germany and Spain until 1997. This was after the founder passed on and the chairman ship taken over by Kun-Hee Lee in 1987. Samsung continued with its quest to be the leading electronic company with its development of the lightest phone back in 1993 during the time the SCH-800. It has proceeded to develop smartphones which are some of the global’ most prestigious phones like the Samsung Galaxy S3, S4 and the new Samsung Galaxy Note 3 starring some of the new features missing from the best phones of their competitors. Towards the end of 20th century Samsung Electronics in the phones arena incorporated mp3 player capability into some of their phones making it an innovator in the technology industry.
Samsung has ventured into approximately 56