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2024-09-22 08:21:10

Samsung Electronics

Division of Samsung focused on consumer electronics
Division of Samsung focused on consumer electronics

Samsung Electronics is a major South Korean multinational corporation known for its Samsung Galaxy brand. It is the world's second-largest technology company by revenue and a leading manufacturer of smartphones, tablets, televisions, and electronic components.

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1938-03-01
Foundation of Samsung Group

Lee Byung-Chul started Samsung group as a trading company at a grocery store. The company later expanded into electronics, insurance, broadcasting, securities, and department stores.

1947
Expansion of Samsung to Seoul

In 1947, Samsung expanded to Seoul but had to leave during the Korean War. Lee Byung-chul then ventured into various industries, including a sugar refinery in Busan, textiles, and establishing the largest woolen mill in Korea.

1950
Samsung mentions on Google Scholar

In the year 1950, Samsung was mentioned 2 times on Google Scholar.

1955
Samsung mentions on Google Scholar

In the year 1955, Samsung was mentioned 2 times on Google Scholar.

1960
Samsung mentions on Google Scholar

In the year 1960, Samsung was mentioned 6 times on Google Scholar.

1961
Samsung diversifies business despite challenges

Despite facing challenges such as a political coup, charges of illegal profiteering against Lee, and a family scandal of smuggling in 1961, Samsung continues to grow by expanding into various industries.

1965
Samsung mentions on Google Scholar

In the year 1965, Samsung was mentioned 7 times on Google Scholar.

1968-12-30
Founding Meeting of Samsung Electronics

On December 30th, 1968, 7 promoters, including founding Chairman ByungChull Lee, gathered to enter a new field and elect executives for Samsung Electronics. SangHee Jung was appointed as the first representative director.

1969-01-13
Founding of Samsung Electronics Corporation

Samsung and Electronics won the most votes, leading to the establishment of Samsung Electronics Corporation on January 13th, 1969.

1969-01-19
Establishment of Samsung Electric Industries

Samsung Electric Industries was established as part of Samsung Group in Suwon, South Korea. It marked the beginning of Samsung's venture into the manufacturing industry.

1970
Establishment of Samsung-NEC joint venture

Samsung established a joint venture with Japan's NEC Corporation to manufacture home appliances and audiovisual devices. This joint venture later became Samsung SDI, the group's display and battery business unit.

1972
Completion of Table Calculator and TV Factory by Samsung

In 1972, Samsung completed the construction of a table calculator factory and a TV factory.

1973
Creation of Samsung-Sanyo Parts

Samsung and Sanyo created Samsung-Sanyo Parts, which later evolved into Samsung Electro-Mechanics. This marked an important development in Samsung's expansion into electronic components manufacturing.

1974
Start of Washing Machine and Refrigerator Production

Samsung began manufacturing washing machines and refrigerators, expanding its product line beyond electronics. This move marked a significant growth in the company's offerings.

1975
Samsung mentions on Google Scholar

In the year 1975, Samsung was mentioned 10 times on Google Scholar.

1977
Merger of Samsung Electro-Mechanics with Samsung Electronics

In 1977, Samsung Electro-Mechanics merged with Samsung Electronics, marking a significant consolidation within the Samsung organization.

1978-07
Establishment of Samsung Electronics America (SEA)

In July 1978, Samsung Electronics America (SEA) was established, expanding Samsung's presence in the American market.

1978-12
Production of 5 million TVs by Samsung Electronics

By December 1978, Samsung Electronics achieved a milestone by producing 5 million TVs, showcasing its growing manufacturing capabilities.

1979
Establishment of Suwon R&D Center by Samsung

In 1979, Samsung established the Suwon R&D Center, which became operational in April 1980, demonstrating Samsung's commitment to research and development.

1980
Samsung enters telecommunications hardware industry

In 1980, Samsung entered the telecommunications hardware industry by acquiring Hanguk Jeonja Tongsin. They initially focused on telephone switchboards and later expanded into mobile phone manufacturing.

1981
Samsung's Partnership Program Organized

In 1981, Samsung organized its partnership program.

1982-06-23
Samsung Opens Sales Subsidiary in Germany

In June 23, 1982, Samsung expanded internationally by establishing a sales subsidiary in Germany.

1982-12-03
Samsung Opens General Exhibition Center in Suwon

On December 3, 1982, Samsung inaugurated a General Exhibition center in Suwon, South Korea.

1983-02
Samsung declares intention to become a DRAM vendor

In February 1983, Samsung announced its goal to become a dynamic random-access memory (DRAM) vendor through the 'Tokyo declaration'. This marked a significant shift in Samsung's business focus towards semiconductor technology.

1984
Samsung reaches one trillion won in sales

By 1984, Samsung's sales had reached one trillion won, showcasing the company's significant growth and success in various industries.

1985-08-29
Samsung becomes official sponsor of 1986 Asian Games and 1988 Olympic Games

On August 29, 1985, Samsung is appointed as the official sponsor for the 1986 Asian Games and the 1988 Olympic Games.

1987-11-12
Samsung produces its first millionth videocassette recorder

On November 12, 1987, Samsung achieves a major milestone by manufacturing its one millionth videocassette recorder.

1988
Lee Byung-chul passes away, Lee Kun-hee assumes control of Samsung

In 1988, the founder of Samsung, Lee Byung-chul, passes away, leading to his son, Lee Kun-hee, taking over the reins of the company.

1989
Samsung Semiconductor and Telecommunications merges with Samsung Electronics

In 1989, Samsung Semiconductor and Telecommunications merge with Samsung Electronics, consolidating their focus on home appliances, telecommunications, and semiconductors.

1990-07
DongBang Life Insurance is renamed Samsung Life Insurance

In July 1990, DongBang Life Insurance undergoes a name change and becomes Samsung Life Insurance.

1991
Development of 1st Mobile Phone Handset

Samsung achieved a milestone by developing its first mobile phone handset, signaling its entry into the telecommunications sector. This innovation paved the way for Samsung's future success in the mobile industry.

1992
Introduction of SDRAM

Samsung Electronics commercially introduced SDRAM (synchronous dynamic random-access memory) in 1992.

1993-10
Renaming of Ankuk Fire & Marine Insurance

In October 1993, Ankuk Fire & Marine Insurance is renamed to Samsung Fire & Marine Insurance.

1994
Formation of Samsung Motors

In 1994, Samsung established Samsung Motors as a sub-organization.

1995
Samsung mentions on Google Scholar

In the year 1995, Samsung was mentioned 1,710 times on Google Scholar.

1996
Samsung's Year of Design Revolution

In 1996, Samsung initiated a global design program after Chairman Lee declared it 'The Year of Design Revolution'. This program aimed to make design a strategic asset and competitive advantage for the company.

1998
Development of flat-screen televisions and mass production of digital TVs

In 1998, Samsung achieved a milestone by completing the development of flat-screen televisions and initiating mass production of digital TVs. Additionally, Samsung Motors delivered its first cars in the same year.

1999
Establishment of Samsung Ventures

In 1999, Samsung Ventures was founded with the aim of investing in startup companies that aligned with Samsung's core services. This strategic move reflected Samsung's interest in fostering innovation and growth in related industries.

2000
Samsung mentions on Google Scholar

In the year 2000, Samsung was mentioned 4,590 times on Google Scholar.

2001-10
Samsung SPH-1300 Release

In October 2001, Samsung released the Samsung SPH-1300, an early prototype of a touch-screen slab-phone with a finger-centric interface. Reviewer Bruce Brown noted the disadvantage of using a touch screen as a phone dialer.

2004-06
Samsung commits to eliminate PVC and BFRs from products

In June 2004, Samsung became one of the first major electronics companies to publicly announce the elimination of PVC and BFRs from their new product models.

2005
Samsung mentions on Google Scholar

In the year 2005, Samsung was mentioned 10,100 times on Google Scholar.

2006
Samsung Becomes #1 in TV Sales

In 2006, Samsung became the top-selling global manufacturer of televisions, leading the market with enhanced clarity, picture quality, and frame technology.

2007-10
Introduction of 40-inch LCD Television Panel by Samsung

In October 2007, Samsung introduced a ten-millimeter thick, 40-inch LCD television panel, showcasing its innovation in display technology.

2008-03
Samsung acquires IP assets of Clairvoyante, Inc.

In March 2008, Samsung acquired the intellectual property assets of Clairvoyante, Inc., a company that developed PenTile subpixel rendering display technology and gamut mapping algorithms.

2008-06
Samsung Instinct is released

In June 2008, Samsung released the Samsung Instinct, a new product in their lineup.

2009
Samsung Achieved Total Revenues of US$117.4 Billion

In 2009, Samsung surpassed Hewlett-Packard to become the world's largest technology company in terms of sales, achieving total revenues of US$117.4 billion.

2010-03
Lee Kun-hee's Statement on Samsung's Future

After returning from a temporary retirement period in March 2010, Samsung's chairman Lee Kun-hee expressed concerns about the company's future, mentioning that most flagship products might become obsolete in the next 10 years.

2010-04
Samsung eliminates PVC and BFRs from mobile phones and MP3 players

After April 2010, Samsung ensured that all their mobile phones and MP3 players were free from harmful substances like polyvinyl chloride (PVC) and brominated flame retardants (BFRs).

2010-06
Launch of Samsung Galaxy S Series

The Samsung Galaxy S series of smartphones was launched in June 2010, marking a direct competition with the Apple iPhone.

2010-07
Samsung Vibrant Release

In July 2010, Samsung launched the Vibrant smartphone.

2010-10
Samsung Focus Release

In October 2010, Samsung introduced the Focus smartphone.

2010-12
European Commission fines Samsung for LCD panel cartel

In December 2010, the European Commission fined Samsung and five other LCD panel producers a total of €648 million for operating as a cartel. Samsung received a full reduction of the potential fine for being the first firm to assist EU anti-trust authorities.

2011-01-19
Samsung acquires Liquavista

Samsung acquires Liquavista, a company specializing in electrowetting display technology for e-readers, mobile phones, and media players, known for its low battery consumption.

2011-04-15
Apple sues Samsung for patent infringement

On 15 April 2011, Apple sued Samsung in the United States District Court for the Northern District of California, alleging patent infringement on several Samsung Android phones and tablets. The lawsuit included federal claims for patent infringement, false designation of origin, unfair competition, and trademark infringement.

2011-08-01
Unspecified Acquisition by Samsung

On August 1, 2011, Samsung makes an acquisition, but the specific details are not provided in the input.

2011-10-19
Samsung fined for DRAM price cartel

On 19 October 2011, Samsung was fined €145.73 million for being part of a price cartel of ten companies for DRAMs, which lasted from 1 July 1998 to 15 June 2002. Samsung, like most other members of the cartel, received a 10% reduction for acknowledging the facts to investigators.

2011-11-15
Acquisition of Grandis Inc.

Samsung acquires Grandis Inc., a vendor specializing in spin-transfer torque random access memory (STT-RAM). The acquired company is set to integrate into Samsung's R&D division to work on next-generation memory technologies.

2012-05-09
Samsung acquires mSpot

On May 9, 2012, Samsung acquired mSpot, a mobile entertainment and music streaming startup, enhancing the cloud entertainment experience for Samsung device users.

2012-08-01
Foundation of Samsung Strategy and Innovation Center (SSIC)

On August 1, 2012, the Samsung Strategy and Innovation Center (SSIC) was established as a global organization under Samsung's Device Solutions division. It was dedicated to discovering and supporting new technologies.

2012-08-24
Apple wins lawsuit against Samsung

On 24 August 2012, a jury returned a verdict largely favorable to Apple in a lawsuit against Samsung. The jury found that Samsung had willfully infringed on Apple's design and utility patents, awarding Apple $1.049 billion in damages.

2012-08-31
Tokyo Court Rules in Favor of Samsung

On August 31, 2012, the Tokyo District Court ruled that Samsung Electronics' mobile devices did not violate an Apple patent related to data synchronization.

2012-10-18
U.K. High Court Rules in Favor of Samsung

On October 18, 2012, the U.K. High Court ruled that Samsung did not infringe Apple's design patents, leading to Apple issuing a court-ordered apology to Samsung.

2012-12-15
Acquisition of Swedish wireless chip company Nanoradio

In December 15, 2012, Samsung acquired Nanoradio, a Swedish company known for developing ultra low power Wireless LAN chipsets for high-speed wireless access in mobile phones. This acquisition aimed to enhance Samsung's capabilities in wireless technology.

2013-01-29
Samsung acquires NVELO

In January 29, 2013, Samsung acquired NVELO, a storage solutions firm based in Santa Clara, California. NVELO is known for developing next-generation SSD storage solutions and optimizing the use of solid state drives within subsystems.

2013-04-01
Samsung Viral Marketing Controversy in Taiwan

Samsung was accused of hiring students to spread harmful comments about competitors in Taiwan. Samsung later announced stopping such online marketing strategies.

2013-07-03
Samsung acquires NeuroLogica

On July 3, 2013, Samsung acquired NeuroLogica, a medical imaging company based in Danvers, Massachusetts. NeuroLogica is recognized for its portable CT scanners like BodyTom and CereTom, as Samsung aimed to expand into the medical technology sector.

2013-08-09
Samsung acquires Boxee

In August 2013, Samsung acquired Boxee, an Israeli and New York City-based streaming media and entertainment startup, for US$ 30 million. The acquisition aimed to expand Samsung's presence in the smart TV market.

2013-09-06
Launch of 55-inch Curved OLED TV by Samsung

On 6 September 2013, Samsung launched its 55-inch curved OLED TV in the United Kingdom, showcasing its cutting-edge display technology.

2013-09-11
Samsung plans to strengthen market position in China

On 11 September 2013, Samsung's mobile business chief announced plans to enhance the company's presence in China to compete with Apple.

2013-10-14
Samsung apologizes for unethical business practices

On 14 October 2013, Samsung Electronics publicly apologized for using refurbished components from cheaper desktop computers in higher-end products.

2014-03-04
Samsung sponsors the 86th Academy Awards

Samsung sponsored the 86th Academy Awards in March 2014, donating US$3 million to charities chosen by host Ellen DeGeneres.

2014-04-17
Samsung discontinues ebook store and partners with Amazon

On 17 April 2014, Samsung announced the discontinuation of its ebook store and collaboration with Amazon to introduce the Kindle for Samsung app.

2014-06-05
Barnes & Noble teams up with Samsung for Nook tablets

Barnes & Noble announced a partnership with Samsung to develop Nook tablets. The company also mentioned plans to continue selling its Nook Glowlight e-readers and relocating Nook employees to a smaller space to save costs.

2014-07-14
Acquisition of Shelby.tv by Samsung

Samsung acquired social-video startup Shelby.tv to create its own curated video service. After the acquisition, Shelby.tv was promptly shut down.

2014-11-02
Acquisition of PrinterOn by Samsung

Samsung acquired mobile cloud printing company PrinterOn to complement Samsung’s mobile ecosystem.

2015-01-30
Samsung acquires Proximal Data

In January 30, 2015, Samsung acquired Proximal Data, a California-based pioneer of server-side caching software with I/O intelligence that work within virtualized systems.

2015-02-18
Samsung acquires Simpress

On February 18, 2015, Samsung acquired Brazilian printing solutions company Simpress.

2015-03-17
Samsung acquires LoopPay

In March 17, 2015, Samsung acquired mobile payments firm LoopPay, a mobile wallet solutions provider that turns existing magnetic stripe readers into secure, contactless receivers.

2015-03-27
Samsung sells headquarters in Roppongi T-Cube

On 27 March 2015, Samsung announced the sale of its headquarters in Roppongi T-Cube to Mitsui Fudosan. The staff had already been relocated to Iidabashi as part of this transition.

2016-06-16
Samsung acquires AdGear

Samsung acquires Canadian advertising technology vendor AdGear, specializing in media buying and data management.

2016-08-10
Samsung acquires Joyent

Samsung acquires Joyent, a San Francisco-based public and private cloud provider, to migrate infrastructure and data to its own cloud platform for better control and economies of scale.

2016-08-31
Samsung Galaxy Note 7 Battery Issue

Samsung delayed shipments of the Galaxy Note 7 due to reports of batteries exploding while charging. They suspended sales and initiated a worldwide product exchange program after receiving reports of battery failure.

2016-09-15
Official Recall of Samsung Galaxy Note 7 by CPSC

The U.S. Consumer Product Safety Commission issued an official recall notice for the Samsung Galaxy Note 7 after reports of batteries overheating, burns, and property damage.

2016-10-05
Acquisition of DACOR

Samsung acquires luxury kitchen appliances brand DACOR as part of its expansion into the luxury market.

2016-10-11
End of Samsung Galaxy Note 7 Production

Samsung decided to permanently end production of the Galaxy Note 7 due to safety concerns after replacement phones also caught fire.

2016-10-27
Acquisition of Viv

Samsung acquires next-gen artificial intelligence assistant Viv, known for developing an open AI platform for third-party developers to build conversational assistants and integrate natural language interfaces into applications and services.

2016-11-04
Samsung Top-Load Washing Machine Recall

Samsung recalled 2.8 million top-load washing machines due to the risk of the top detaching from the chassis during use.

2016-11-14
Acquisition of Harman International Industries

Samsung acquires American Harman International Industries for US$ 8 billion. Harman designs and engineers connected products and solutions for automakers, consumers, and enterprises worldwide, including connected car systems, audio and visual products, enterprise automation solutions; and connected services.

2016-11-15
Acquisition of Tachyon

Samsung acquires Virginia-based startup Tachyon, an enterprise mobile device configuration and development software provider. The acquisition is aimed at extending Samsung's enterprise mobile device management.

2017-02-03
Acquisition of QD Vision

On February 3, 2017, Samsung acquired United States-based quantum dot specialist QD Vision to enhance its display, TV, and other potential businesses.

2017-02-15
Acquisition of Perch by Samsung

Samsung acquires Perch, a home monitoring software company, to enhance their Internet of Things system. Perch specializes in developing a smart home monitoring platform that allows the use of old smartphones as security cameras.

2017-04-06
Samsung reports financial growth with memory chips and flexible displays

On 6 April 2017, Samsung Electronics reported improved financial performance, attributing it to the significant contribution of memory chips and flexible displays to the company's operating profit.

2017-05-02
Samsung granted permission for self-driving car technology testing

Samsung received approval from the Ministry of Land, Infrastructure, and Transport of Korea on 2 May 2017 to commence testing self-driving car technology. The company planned to use a customized Hyundai car for the tests.

2017-06-16
Acquisition of Melaud by Samsung

Samsung acquires Melaud, a Swedish headphone manufacturer known for developing headphones that can adjust music based on the user's body signals during exercise.

2017-07-10
Acquisition of VRB

In 2017, Samsung acquired New York-based mobile virtual reality startup VRB for US$ 5.5 million. The startup is known for developing apps to capture and view 360-degree content.

2017-07-13
Samsung Demonstrates LED Screen for Digital Cinema

On July 13, 2017, Samsung Electronics showcased an LED screen for digital cinema in collaboration with GDC Technology Limited at Lotte Cinema World Tower in Seoul.

2017-11-04
SuccessStory of Samsung Group

The success story of Samsung Group was accessed on November 4, 2017, highlighting the achievements and milestones of the company.

2017-11-26
Acquisition of Genoa Color Technologies by Samsung Electronics

Samsung Electronics acquired Genoa Color Technologies on November 26, 2017.

2017-11-26
Genoa Color Technologies acquired by Samsung Electronics

Samsung Electronics acquired Genoa Color Technologies as reported on crunchbase.com in November 2017.

2017-11-27
Samsung Electronics Acquisitions

Samsung Electronics made acquisitions in the tech industry. The information was retrieved from crunchbase.com.

2017-12-01
Samsung acquires and shuts down Shelby.tv

Samsung acquired Shelby.tv, a video service, and closed it to develop its own curated video platform.

2018-01-31
Acquisition of Innoetics

In 2018, Samsung acquired Greek multilingual voice tech startup Innoetics to enhance its Bixby voice assistant.

2018-02-21
Samsung Acquires LoopPay, Maker Of An Apple Pay Competitor

Samsung acquired LoopPay, a company known for developing a competitor to Apple Pay.

2018-02-23
Samsung Acquires Quantum Dot Tech Company QD Vision

Samsung made a significant move by acquiring QD Vision, a company specializing in quantum dot technology.

2018-02-26
Collaboration with SAP in B2B solution business

Samsung SDS collaborated with SAP in the B2B solution business, aiming to enhance their business offerings.

2019-05
Samsung showcases 8K content reception via satellite in Europe

In May 2019, Samsung demonstrated the reception of 8K content via satellite in Europe using a Samsung TV without the need for an external receiver. This showcased the advancement in broadcast technology.

2020-05
Lee Jae-yong announces change in Samsung's leadership inheritance

In May 2020, Lee Jae-yong, the executive chairman of Samsung Electronics, declared that his children would not inherit significant leadership roles in the company. This decision aimed to reform the chaebol system within Samsung.

2021-04-14
Samsung Electronics Collaboration

Samsung Electronics, along with Sony Corporation, Hitachi, LG Electronics, and Apple, were mentioned in a Google Trends report.

2021-04-26
Samsung

A book related to Samsung was referenced in a source from Google Books.

2021-10-26
Samsung starts mass production of bitcoin mining chips in partnership with Chinese mining company

Samsung begins producing bitcoin mining chips in collaboration with a Chinese mining firm within its semiconductor division called Foundry.

2021-10-28
Samsung Electronics Officially Appoints Lee Jae-yong as Executive Chairman

Samsung Electronics officially appointed Lee Jae-yong as the executive chairman, marking his ascent to the leadership position within the company.

2021-11-24
Samsung announced semiconductor manufacturing facility in Taylor, Texas

On November 24, 2021, Samsung revealed plans to build a semiconductor manufacturing facility in Taylor, Texas. This $17 billion investment aims to enhance the production of advanced logic semiconductors, potentially as advanced as 3 nanometers.

2021-11-30
Production of new auto chips for Volkswagen vehicles

On 30 November 2021, Samsung Electronics announced that they would be producing new auto chips for Volkswagen vehicles, specifically logic chips for entertainment systems to provide 5G telecommunications.

2021-12-07
Samsung Electronics merged mobile and consumer electronics divisions

In December 2021, Samsung Electronics announced the merger of its mobile and consumer electronics divisions. This restructuring included appointing new leaders to the business units, with Kyung Kye-Hyun and Han Jong-hee taking on key roles.

2022-01-26
Samsung Electronics Advertisement in Seoul

An advertisement of Samsung Electronics' smartphone was observed at its shop in Seoul, South Korea. This event is a part of the company's marketing and promotional activities.

2022-05-20
President Biden visited Samsung Electronics' semiconductor complex

On May 20, 2022, President Biden met with South Korean President Yoon Suk-yeol at Samsung Electronics' semiconductor complex in Pyeongtaek, South Korea. The leaders discussed the importance of the semiconductor industry and enhancing technological collaboration between the two nations.

2022-06-06
Samsung Releases Odyssey Neo G8 Gaming Monitor

On June 6, 2022, Samsung launched the Odyssey Neo G8 gaming monitor, the world's first 4K monitor with a refresh rate of 240 Hz, featuring advanced display technologies and certifications.

2023
Samsung receives Sustainable Excellence Award from EPA

In 2023, the U.S. Environmental Protection Agency (EPA) honored Samsung with its 10th consecutive Sustainable Excellence Award in the manufacturer's category.

2024
Galaxy S23 FE

The Galaxy S23 FE is expected to be released for pre-order in 2024.

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Samsung Electronics
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