One of many kings of the cellular world, Samsung has constructed itself into an enormous cellular and electronics empire, although its story truly begins a lot earlier — in 1938, truly. Through the years the corporate has advanced considerably, bringing innovation into numerous markets going properly past simply cellular and electronics.
Samsung’s story is an interesting one, filled with each highs and lows. Let’s discover a few of the extra interesting facts about this Korean big.
Proper from its founding, Lee Byung-chul believed his new firm was the beginning of one thing a lot greater. The corporate’s identify selection mirrored this ambition. Constructed from the Korean phrases sam (three) and sung (stars), the tri-star image (三星) is claimed to culturally symbolize one thing “big, numerous, and powerful.”
This was a reasonably daring declare for a buying and selling firm of forty staff dealing in regionally grown produce and the creation of noodles. Since then, Samsung’s discovered its approach into much more than simply noodle-making, which leads us to a different interesting reality.
- 1 Samsung employs over 489,000 individuals
- 2 The Samsung Group is an enormous a part of South Korea’s GDP
- 3 Samsung’s digital ambitions started in 1970 with a black and white TV
- 4 Samsung’s emblem has solely modified 3 times.
- 5 Samsung Electronics actually started in 1993
- 6 It didn’t really sink in till 1995…
- 7 First CDMA telephone
- 8 First watch telephone
- 9 Samsung jumped into the smartphone recreation lengthy earlier than Android and iOS
- 10 The highest promoting Samsung cell phone is the E1100
- 11 Samsung’s greatest promoting smartphone is the Galaxy S4
- 12 Samsung had an opportunity to purchase the Android OS, however determined to not
Samsung employs over 489,000 individuals
Whereas a few of you could already know this, Samsung is far more than simply an electronics and cellular producer. The Samsung Group has 59 unlisted corporations and 19 listed, all with their main listings on the Korea trade. These corporations vary from development to monetary providers, shipbuilding, and even medical industries. The corporate’s mixed efforts make use of over 489,000 individuals, throughout 80 totally different nations, together with Korea.
One other enjoyable reality: Samsung’s development division constructed the Burj Khalifa skyscraper in Dubai (pictured above), which is the tallest constructing on the planet (as of this writing) at 2,722 ft.
The Samsung Group is an enormous a part of South Korea’s GDP
We have now already talked about what number of corporations and what number of staff are a part of the whole Samsung Group. All of these subsidiaries and all of these staff means Samsung takes up an enormous quantity of the whole GDP of its residence nation, South Korea. In 2017, CNN reported the full assets of the Samsung Group made up about 15 % of the nation’s GDP. On the Korean Inventory Change, over 20 % of its market worth is predicated on numerous Samsung Group corporations. Most of that comes from only one firm, Samsung Electronics.
Samsung’s digital ambitions started in 1970 with a black and white TV
The primary electronics product ever produced by Samsung was a black and white TV in 1970. The corporate expanded a terrific deal within the following many years, and in 1986 entered into the cellular recreation with a automotive telephone. Whereas Samsung’s early TV efforts have been pretty properly acquired, the primary automotive telephone from the corporate was poorly acquired and bought terribly.
Samsung’s emblem has solely modified 3 times.
Whereas the Samsung emblem modified a couple of occasions previous to the 70s, after this, it stayed fairly constant, altering solely 3 times till the present emblem was settled on in 1993.
If it ain’t broke, don’t repair it.
Samsung Electronics actually started in 1993
Whereas Samsung has been concerned with electronics and the cellular business for a lot of many years now, it was in 1993 that Samsung Chairman Lee Kun Hee (above) pushed ahead a brand new administration philosophy encouraging product high quality as considered one of its core tenets. He inspired his employees to “change everything except for their family.” To additional promote this notion, Samsung’s Human Useful resource Improvement Middle created new coaching and improvement programs to assist with this skilled progress.
It didn’t really sink in till 1995…
Saying you’re going to give attention to high quality and taking that each one necessary step throughout the edge are sometimes two various things, they usually definitely have been for Samsung. In 1995, Kun-hee Lee would reportedly discover himself annoyed with the standard of his merchandise and the corporate’s lack of change. To drive his level residence, quite a few telephones have been stacked up excessive, joined by televisions, fax machines, and different gear. Lee and his board of administrators then proceeded to destroy every and one in every of these merchandise, even going as far as to interrupt the instances and screens utilizing heavy hammers.
Because the story goes, Lee made positive round 2000 staff witnessed this. That day, greater than $50 million value of hardware was destroyed, and a brand new Samsung was lastly born. Following this, the period of “new management” really started, marked by fast progress and international success, which has solely continued to realize momentum within the many years to comply with.
Samsung followers can thank Lee and his board, and their willingness to carry out an excessive drop check, for the merchandise they take pleasure in right now. Since that day, they’ve definitely created quite a few firsts within the digital business.
First CDMA telephone
The Samsung SCH-100 launched again in 1996, making it the very first telephone to make the most of CDMA know-how. Being the primary to make use of an ordinary many see as restrictive and inferior to GSM in all probability isn’t a lot to brag about now. On the time, CDMA was a brand new know-how and — earlier than quick 4G/LTE applied sciences — truly had some actual benefits over GSM.
This won’t be the case anymore, however Samsung nonetheless deserves some props for its willingness to attempt a brand new normal.
First watch telephone
Sure, some Gear household variants have allowed you to textual content and even make calls with out tethering your telephone, however the watch telephone market truly begins a lot earlier, in 1999. Samsung was the primary pioneer, and one of many solely ones since, to construct a watch that doubled as a telephone — dubbed the Samsung SPH-WP10.
This distinctive watch telephone couldn’t solely inform time, but in addition make telephone requires as much as 90 minutes. After that, the battery can be depleted and also you’d should run over to a charger. The display was of the back-lit monochrome LCD selection, and there have been bodily buttons navigating across the menu. There have been even voice instructions for dialing your contacts — fancy.
Not surprisingly, the just about Pip-Boy wanting gadget didn’t discover business success, however it’s interesting to know that Samsung’s smartwatch making days truly start lengthy earlier than the Gear household.
Samsung jumped into the smartphone recreation lengthy earlier than Android and iOS
Samsung will not be the primary to make a smartphone, nevertheless it was one of many first gamers to really get aggressive about the market, introducing the primary “PDA phone” with a shade show within the U.S. market in 2001. Referred to as the SPH-i300, this dangerous boy was designed for Dash’s community and ran on Palm OS, with all of the features of a traditional PDA, with the added bonus of creating calls.
So sure, the SPH-i300 can principally be thought-about Samsung’s first go at making “a smartphone” for the U.S. market. Wow, issues positive have modified rather a lot since then.
The highest promoting Samsung cell phone is the E1100
Samsung’s top-selling cell phone of all time will not be what you assume it’s. It’s truly the Samsung E1110, a function telephone from 2009. By the point manufacturing of the telephone led to 2012, Samsung had bought a whopping 150 million models. That makes this system the eighth greatest promoting cell phone of all time.
Samsung’s greatest promoting smartphone is the Galaxy S4
The second-best promoting Samsung telephone, in 14th place general amongst cell phones is the Galaxy S4, with 80 million complete gross sales. It’s the perfect promoting Samsung smartphone of all time, the most effective promoting Android-based telephone of all time, and the third-best promoting smartphone ever, behind solely Apple’s iPhone 6 and 6 Plus and the Symbian OS-based Nokia 5230.
Samsung had an opportunity to purchase the Android OS, however determined to not
Talking of Android telephones, Samsung had an opportunity to buy the startup chargeable for the working system — and handed.
In his guide, Dogfight: How Apple and Google Went to Struggle and Began a Revolution, writer Fred Vogelstein wrote about how again in late 2004, Android’s founders have been on the lookout for cash to maintain their startup going. All of Android’s eight workforce members flew to South Korea to satisfy with 20 of Samsung’s executives. The Android staff confirmed the assembled Samsung executives their plans for an OS designed for cell phones.
Nevertheless, in response to quotes from Android co-founder Andy Rubin, the quick response from Samsung’s staff following the presentation was full silence. Rubin then stated the Samsung staff expressed disbelief that this small startup would have the ability to make this type of working system. Rubin added, “They laughed me out of the boardroom.”
Simply two weeks later, in early 2005, Rubin and the Android group made their pitch to Google, which determined to accumulate the startup for $50 million. The remaining is historical past, as Google and the Android workforce developed the OS and formally launched it in October 2008. You must marvel what would have occurred to Android if Samsung’s group stopped laughing and purchased the startup. Maybe it will be Samsung dominating the cellular OS enterprise, not Google.
Whether or not you’re a Samsung fan or not, the corporate has an interesting previous, with its justifiable share of successes and failures. What do you assume is probably the most interesting factor about Samsung? Any interesting facts we missed? Share them with us within the feedback under.