"LEE BYUNG-CHUL"
- Byung-chul was the son of a wealthy landowning family
- He attended college at Waseda University in Tokyo, but did not complete his degree.
- The company was based in Seoul by 1947
- He used money his father had left him to establish a rice mill and after that venture failed he went on to start-up a trucking business in Daegu which he named the Samsung Trading Co.
- Set his own goals to started his first business at age 26 in 1936 with
his own beliefs that "the most patriotic thing a business man could do was to
establish national wealth to lay the fundamental for a strong nations".
- The principle of “man and talent first'' applied by Lee & spent 80 percent of his entire life in recruiting, training
people and feels thankful and blissful that all his employees achieved good
performances.
- Pursuit of “saeobboguk’ or the creation of a stronger nation through
business prosperity was actually based on the techniques of hiring and training
of people and also improving productivity
- Lee Byung-chu's business cleverness blended the strength of the American
ways of managing business goals and targets and the Japanese method of focusing
on working principles, ethics and disciplines
- Lee emphasize the importance of responsibility since the days he operated
the first company that grew and led to the successful of the Samsung
business empire
- He believed that the main responsibility for a company is to
find ways to return its wealth to society and not to keeps its among the
corporate.
1) Samsung means "Three Stars" which explains the initial corporate logos.
2) In the original logo, the three stars were prominent - they no longer appear in the logo
3) Samsung's construction division built the worlds tallest building, the Burj Khalif
4) The shipping business, known as Samsung Heavy Industries, builds ships across a 4 million square foot shipyard
5) While the company has more than 427, 000 employees around the world, 370,000 of those are employed in the electronics division compared to Microsoft's 97,000 and Apples 80,000
6) Samsung accounts for 17% of Korea's GDP
7) Comparing numbers: based on 2011 sales, the Samsung Electronic's division had sales of $179 billion. This compares with Apple's $127.8 Billion for the same period
8)The retina displays on Apple phones are manufactured by Samsung
9) It is the world's largest manufacturer of mobile phones and smartphones fueled by the popularity of its "Samsung Galaxy" line of devices.
10) A major vendor of tablet computers, particularly its Android-powered Samsung Galaxy Tab collection, and is generally regarded as pioneering the phablet market through the Samsung Galaxy Note family of devices.
11) Samsung has been the world's largest manufacturer of LCD panels since 2002
12) The world's largest television manufacturer since 2006
13) The world's largest manufacturer of mobile phones since 2011
14) Samsung was the first Korean company to introduce an “individual-based business organization''
15) Samsung been guided by Lee's patriotic spirits towards nations approach
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