Samsung Group is the largest enterprise group in South Korea. It is a subsidiary of Sumitomo Mitsui (Mitsui consortium). It is also a large multinational enterprise group. Samsung Group is a family business. Li Bingzhe, the founder of SamSung group, is the first president of the family. All Samsung industries are family businesses and are managed by other members of the family.
Samsung logo
Samsung's corporate name "Samsung" has the meaning of "big, bright and shining three stars". Among them, "three" means "big, strong" in Chinese characters, and "Star" implies the wish of "bright, high and shining".
Affiliated Enterprises:
Electronics: Samsung Electronics | Samsung SDI | Samsung motor | Samsung SDS | Samsung display | Samsung Corning precision glass
Heavy industry: Samsung Products Engineering & Construction Department | Samsung Heavy Industry | Samsung Engineering
Chemical industry: Samsung fine chemistry | Samsung BP chemistry
Financial services: Samsung Life Insurance | Samsung marine fire insurance | Samsung credit card | Samsung Securities | Samsung asset management | Samsung venture capital
Life services and other industries: Samsung products trade and investment department | the first wool weaving | Xinluo Hotel | geershang | Samsung S-1 company | Samsung Medical Center | Samsung Economic Research Institute | Samsung bioepis | Samsung welstory
SamSung China
Samsung's development in China can be traced back to the 1970s. Under the historical background that China and South Korea had not established diplomatic relations, Samsung imported coal from China through Hong Kong, which was the first trade between South Korean enterprises and China after the founding of new China. In April 1992, Samsung Corning established its first joint venture in China in Tianjin. In August 1992, after the establishment of diplomatic relations between China and South Korea, Samsung's development in China began to accelerate. In January 1995, in order to strengthen Samsung's business in China, Samsung established the China headquarters of SamSung group. The following year, Samsung (China) Investment Co., Ltd. was established. As of the end of August 2002, Samsung has established an investment company, 24 production enterprises, 4 sales enterprises, 1 R & D center and 1 after-sales service center in China. Samsung has 38000 employees in China with a total investment of US $2.3 billion - China has become an important part of Samsung's global development strategy and the largest investment target country in the world except South Korea.
Samsung's investment in China is mainly completed by Samsung Electronics, Samsung motor, Samsung SDI, Samsung Corning, Samsung SDS and other electronics related companies. In addition, first wool, Samsung techwin, Samsung heavy industry, Samsung products, first planning, Samsung life, Samsung fire, Samsung products, Xinluo Hotel and other companies have also invested in China.
Samsung's products in China include: CDMA mobile phones, CDMA systems, laser printers, TFT-LCD displays and other communication and office products; semiconductor (IC, The main products include: TR, 34 inch flat picture tube and other core parts; AV products such as rear projection large screen TV, DVD and home theater; optoelectronic products such as digital camera; white household appliances such as large double door refrigerator, central air conditioner and cabinet air conditioner.