Samsung Electronics

Samsung Electronics Co., Ltd. is a South Korean multinational major appliance and consumer electronics corporation headquartered in Yeongtong-gu, Suwon, South Korea. It is currently the pinnacle of the Samsung chaebol, accounting for 70% of the group's revenue in 2012.
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Some of the key events about Samsung Electronics

  • 1969
    Founded as Samsung Electric Industries, focusing on electronics and home appliances
  • 1974
    Produced its first black-and-white television set
  • 1983
    Developed its first personal computer, the SPC-1000
  • 1988
    Merged with Samsung Semiconductor & Communications to form Samsung Electronics
  • 1992
    Developed the world's first 64MB DRAM chip
  • 1995
    Created its first LCD screen
  • 1995
    Accused of destroying evidence related to a lawsuit over defective DRAM chips
  • 1999
    Introduced the world's first MP3 mobile phone
  • 2005
    Surpassed Sony to become the world's largest television manufacturer
  • 2005
    Fined $300 million for participating in an illegal DRAM price-fixing scheme
  • 2007
    Raided by European Union antitrust regulators over allegations of anticompetitive behavior
  • 2010
    Launched the Galaxy S smartphone series, which became a major competitor to Apple's iPhone
  • 2011
    Sued by Apple for patent infringement, leading to a long legal battle
  • 2012
    Ordered to pay $1.05 billion in damages to Apple for patent infringement
  • 2013
    Fined by Taiwan's Fair Trade Commission for paying bloggers to post negative comments about competitors
  • 2014
    Accused of using child labor in its supply chain by China Labor Watch
  • 2016
    Forced to recall Galaxy Note 7 smartphones due to battery explosions
  • 2017
    Became the world's largest semiconductor chip maker by revenue
  • 2017
    Vice chairman sentenced to five years in prison for bribery and other charges
  • 2019
    Fined $47 million by Dutch court for price-fixing in the TV market

Disclaimer: This material is written based on information taken from open sources, including Wikipedia, news media, podcasts, and other public sources.

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