SAMSUNG was established in the year 1938 and means three stars in Korean language. Byung-Chull was the founder and chairman of the company then. Initially the primary operations of the company were groceries.  It set its foot into lot of diversified fields, and each company has undergone name changes from what they were started with. SAMSUNG Corporation now was initially setup with a different name in the year 1951. SAMSUNG Fire & Marine Insurance renamed now was started with a different name in the year 1958.

SAMSUNG Life Insurance now was set up in the year 1963 with another name. SAMSUNG Everland began its career in the year 1966.

SAMSUNG hospital had its origin in the year 1968 which had a different name then. SAMSUNG Electronics renamed from Jan SAMSUNG Electronics in the year 1969.

Samsung is global and established in almost all the major continents and countries of the world like North America, South America, Asia-Pacific, Europe, Middle East, and Africa.

Right from consumer electronic products like DRAM chips, flash memory, optical storage drives, mobile handsets, digital cameras, TV, video & audio, camcorders, DVD & mp3 players, blu-ray, home theater, and so on to the consumer home appliances and services like microwave ovens, notebooks, refrigerators, air conditioners, laundry, digital set top box, sugar, insurance, and so on, Samsung has ventured into almost all the fields.

Interest is shown by Samsung not only in the production of consumer goods and in services, but also in the sports. Samsung has sponsored and co-sponsored many games and sports, mostly football, NASCAR race, Olympic Games, and so on.

Samsung has been truly successful in penetrating millions of households with its cheaper and user-friendly products. Samsung products are really affordable.