Timeline of Samsung
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This is a timeline of Samsung.
Contents
Sample questions
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Big picture
Time period | Development summary |
---|---|
1938 – 1960s | Samsung evolves from the first grocers towards Electronics. Sugar refining, textiles, banking and insurance enterprises flourish among Samsung ventures in the 1940s and 1950s.[1] |
1960s | Samsung Electronics is born as a branch. From there, the company would start acquiring and creating different business establishments including a hospital, paper manufacturing plant, life insurance company, department stores and many others.[2][2] Despite a political coup in 1961, charges against Lee of illegal profiteering and a family scandal of smuggling, Samsung keeps growing by diversifying business.[3] |
1970s | Samsung Electronics starts catering to the international market upon the acquisition of half of Korea Semiconductor which makes it the leading electronics manufacturer in the country.[2] Under government policy of rapid industrialization, Samsung launches a number of enterprises in ship building, petrochemicals and aircraft engines.[3][1] |
1980s | Samsung enters the global marketplace.[1] Samsung electronics merges with Samsung Semiconductors and Telecommunications. This would pave the way towards a stronger hold on the international market with high-tech products.[2] Samsung begins exporting electronics under its own name.[3] |
1990s | Samsung turns into a global conglomerate, and becomes a top competitor in the changing tech world.[4][1][5] |
Recent Years | Samsung is today the largest South Korean conglomerate.[6] |
Full timeline
Year | Month and date | Event type | Details |
---|---|---|---|
1938 | March 1 | Creation | Samsung ("three starts" in Korean) is founded with 30,000 Won by Lee Byung-chul as a trading company in Su-dong, near Daegu, Korea. With forty employees, the company's major business is production and distribution of groceries within the city.[4][2][7] At the start, the business focuses primarily on trade export, selling dried Korean fish, vegetables, and fruit to Manchuria and Beijing.[5] |
1947 | Expansion | As the company begins to grow, Lee establishes Samsung's office in Seoul. A sugar refinery would be started soon and would succeed in a very short span of time.[2] | |
1951 | Organization | Samsung Moolsan is established (later Samsung Corporation).[1] | |
1953 | Expansion | After the Korean War, Lee launches profitable Cheil Sugar, followed by textile, banking and insurance enterprises.[7] | |
1954 | Sub-Organization | Cheil Industries is founded as an affiliate of Samsung.[1] | |
1954 | Lee builds the largest woollen mill in Korea, located in the suburbs of Daegu city.[2] | ||
1958 | Acquisition | Samsung acquires Ankuk Fire % Marine Insurance.[1] | |
1963 | Acquisition | Samsung acquires DongBang Life Insurance.[1] | |
1966 | Legal | Lee family is accused of smuggling.[7] | |
1966 | Sub-Organization | Joong-Ang Development (today known as Samsung Everland) is established.[1] | |
1969 | Partnership | Samsung-Sanyo Electronics is established. The partnership would lead to the production of inexpensive TVs, microwave ovens and other consumer products for Western companies such as Sears and General Electric.[4][2][1] | |
1970 | Expansion | Samsung-Sanyo starts the production of Black-and-white TV (model P-3202).[1] In the same year, Samsung expands the business in ship building, petrochemicals and aircraft engines.[5] | |
1975 | March | Organization | Samsung-Sanyo Electronics is renamed Samsung Electro-Mechanics.[1] |
1977 | March | Organization | Samsung Electro-Mechanics merges with Samsung Electronics.[1] |
1980 | Acquisition | Samsung acquires telecommunications giant Hanguk Jeonja Tongsin. This would be followed by the production of telephones, fax machines, and switchboards with great success, thus creating the base for their large-scale productions in the following years.[2] | |
1982 | Sub-Organization | Samsung Printing Solutions is founded, with the purpose of exploring and delivering digital revolution to the printing industry with solutions.[8] | |
1982 | International expansion (facility) | Samsung builds a television assembly plant in Portugal.[5] | |
1983 | Expansion | Samsung begins the production of personal computers.[7] | |
1984 | International expansion (facility) | Samsung builds a television assembly plant in New York.[5] | |
1984 | March 31 | Samsung's production of color TVs reaches over 5 million units.[9] | |
1984 | October 1 | Technology | Samsung Semiconductor Telecommunications develops a long wavelength single mode optical fiber, a first in South Korea.[9] |
1984 | December 4 | Facility | Samsung opens complex in the United States.[9] |
1984 | December 19 | Facility | Samsung establishes a microwave complex capable of manufacturing over 2 million units.[9] |
1984 | December 31 | Revenue | Samsung sales reach one trillion Won.[9] |
1985 | International expansion (facility) | Samsung builds a television assembly plant in Tokyo.[5] | |
1985 | April | Technology | Samsung develops 64 K SRAM.[9] |
1985 | July | Samsung begins massive production of 256K DRAM. This would position the company as a leader in semiconductor manufacturing.[9] | |
1985 | August 29 | Samsung is appointed as the official sponsor of the 1986 Asian Games and 1988 Olympic Games.[9] | |
1985 | September | Technology | Samsung develops integrated circuit for sound multiplex TV.[9] |
1985 | October | Samsung's production of CDP (CD-100) begins.[9] | |
1985 | November 12 | Samsung produces its first millionth videocassette recorder.[9] | |
1987 | International expansion (facility) | Samsung builds facilities in the United Kingdom.[5] | |
1987 | Personnel | Lee Byung-chul passes away.[5] Control of Samsung is assumed by Lee's son, Lee Kun-hee.[7] | |
1988 | Organization | Samsung Semiconductor and Telecommunications merges with Samsung Electronics, with its core business focusing on home appliances, telecommunications and semiconductors.[5][7] | |
1989 | July | Organization | DongBang Life Insurance is renamed Samsung Life Insurance.[1] |
1990 | Achievement | Samsung attains world leadership in chip production.[7] | |
1993 | Expansion | Samsung ventures into the LCD industry. | |
1993 | October | Ankuk Fire % Marine Insurance is renamed Samsung Fire % Marine Insurance.[1] | |
1994 | Sub-Organization | Samsung Motors is formed.[7] | |
1996 | International expansion (facility) | Samsung builds facilities in the Austin, Texas.[5] | |
1996 | Crisis | Lee Kun-hee is involved in a corruption scandal, getting a suspended sentence for bribery.[7][5] | |
1998 | Technology | Samsung completes the development of flat-screen televisions and starts the first mass production of digital TVs. The same year, Samsung Motors delivers its first cars.[7] | |
1999 | October 8 | Sub-organization | Samsung Ventures is founded. Headquartered in Seoul, it invests in startup companies focused on semiconductors, IT, software, internet services, biotechnology, and more.[10] |
2001 | October | Product | Samsung SPH-1300 is released as an early prototype of touch-screen slab-phone, with finger-centric interface. At the time, reviewer Bruce Brown comments "The disadvantage of using a touch screen as a phone dialer is that you can't dial by feeling the buttons".[11] |
2005 | Technology | The first speech-recognition phone is developed by Samsung.[7] | |
2006 | November | Product | Samsung SGH-i607 BlackJack is released, with a BlackBerry-inspired design.[11] |
2007 | August 9 | Acquisition | Samsung acquires Israel-based Genoa Color Technologies, which develops color-based technologies for televisions, monitors, projectors, and display devices.[12][13][14][15] |
2008 | March | Acquisition | Samsung acquires IP assets of Clairvoyante, Inc., an IP licensing company responsible for the development of PenTile subpixel rendering display technology and associated gamut mapping algorithms.[16][17][18] |
2008 | June | Product | Samsung Instinct is released.[11] |
2008 | December | Samsung Omnia SCH-i910 is released. It contains the TouchWiz, Samsung's custom smartphone user interface. With its rounded-slab design and TouchWiz interface, some consider the Omnia to be the first real ancestor of the Galaxy S4.[11] | |
2008 | Legal | Lee Kun-hee becomes involved again in corruption and bribery scandal with influential peosecutors, judges, and political figures in South Korea. Initially denying the allegations against him, Kun-Hee would later plead guilty, being fined 110 billion Won and sentenced to three years in prison.[5] | |
2010 | July | Product | Samsung Vibrant is released.[11] |
2010 | October | Product | Samsung Focus is released.[11] |
2011 | January 19 | Acquisition | Samsung acquires Liquavista.[15] |
2011 | May | Product | Samsung Galaxy S II is released.[11] |
2011 | December | Product | Samsung Galaxy Nexus is released.[11] |
2011 | August 1 | Acquisition | Samsung acquires Grandis.[15] |
2011 | November 15 | Acquisition | Samsung acquires Nexus Dx.[15] |
2011 | December | Acquisition | Samsung acquires ZigZag Software.[15] |
2012 | Samsung Electronics becomes the world's largest mobile phone maker by unit sales, overtakink Nokia.[7] | ||
2012 | February | Product | Samsung Galaxy Note is released.[11] |
2012 | May 9 | Acquisition | Samsung acquires mSpot.[15] |
2012 | June 1 | Acquisition | Samsung acquires Nanoradio.[15] |
2012 | July | Samsung Galaxy S III is released. It would become one of the world's most popular smartphones. The omnipresent blue posters would make "Galaxy" synonymous with "Android smartphone" for millions.[11] | |
2012 | August 1 | Sub-Organization | The Samsung Strategy and Innovation Center SSIC is founded as a global organization within Samsung's Device Solutions division focused on identifying and nurturing new technologies.[19] |
2012 | December 15 | Acquisition | Samsung acquires Santa Clara, California-based storage solutions firm NVELO, which develops next-generation SSD storage solutions, and works to manage and optimize the use of solid state drives within subsystems.[20][21][22][23][24][15] |
2013 | January 29 | Acquisition | Samsung acquires Danvers, Massachusetts-based medical imaging company NeuroLogica, as a conglomerate’s plans to expand into the medical technology business. NeuroLogica is known for its portable computed tomography (CT) scanners, including BodyTom and CereTom.[25][26][27][28][15] |
2013 | July 3 | Acquisition | Samsung acquires Israeli and New York City-based streaming media and entertainment startup Boxee for US$ 30 million, with the purpose to expand Samsung's footprint in the smart TV market.[29][30][31][32][33][15] |
2013 | August 9 | Acquisition | Samsung acquires German lighting specialist Novaled for US$ 347 million, in order to help it meet the growing need for OLED displays.[15][34][35][36][37][38] |
2014 | June 5 | Acquisition | Samsung acquires social-video startup Shelby.tv, with aims at creating its own curated video service. After the acquisition, Shelby.tv is promptly shut down.[15][39][40][41][42] |
2014 | July 14 | Acquisition | Samsung acquires SmartThings for US$ 200 million.[15] |
2014 | September 2 | Acquisition | Samsung acquires PrinterOn.[15] |
2014 | November 2 | Acquisition | Samsung acquires Proximal Data.[15] |
2015 | January 30 | Acquisition | Samsung acquires Simpress.[15] |
2015 | February 18 | Acquisition | Samsung acquires LoopPay.[15] |
2015 | March 17 | Acquisition | Samsung acquires YESCO Electronics.[15] |
2016 | May | Sub-Organization | C-Lab Space is founded as an in-house startup incubator program run by Samsung.[43] |
2016 | Sub-organization | Mangoslab is founded as a spin-off company from Samsung Electronics that produces a sticky note thermal printer.[44] | |
2016 | June 16 | Acquisition | Samsung acquires AdGear.[15] |
2016 | June 16 | Acquisition | Samsung acquires Joyent.[15] |
2016 | August 10 | Acquisition | Samsung acquires DACOR.[15] |
2016 | October 5 | Acquisition | Samsung acquires Viv.[15] |
2016 | October 27 | Acquisition | Samsung acquires Tachyon.[15] |
2016 | November 14 | Acquisition | Samsung acquires Harman International Industries for US$ 8 billion.[15] |
2016 | November 15 | Acquisition | Samsung acquires NewNet Communication Technologies.[15] |
2016 | November 23 | Acquisition | Samsung acquires QD Vision.[15] |
2017 | February 3 | Acquisition | Samsung acquires Perch.[15] |
2017 | February 15 | Acquisition | Samsung acquires melaud.[15] |
2017 | June16 | Acquisition | Samsung acquires VRB.[15] |
2017 | July 10 | Acquisition | Samsung acquires innoetics.[15] |
Meta information on the timeline
How the timeline was built
The initial version of the timeline was written by User:Sebastian.
Funding information for this timeline is available.
What the timeline is still missing
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See also
External links
References
- ↑ 1.00 1.01 1.02 1.03 1.04 1.05 1.06 1.07 1.08 1.09 1.10 1.11 1.12 1.13 1.14 "About Samsung". samsung.com. Retrieved 4 November 2017.
- ↑ 2.0 2.1 2.2 2.3 2.4 2.5 2.6 2.7 2.8 "The History of Samsung". streetdirectory.com. Retrieved 4 November 2017.
- ↑ 3.0 3.1 3.2 "Samsung: A short history". mercurynews.com. Retrieved 4 November 2017.
- ↑ 4.0 4.1 4.2 "Rise of a tech giant: the history of Samsung". telegraph.co.uk. Retrieved 4 November 2017.
- ↑ 5.00 5.01 5.02 5.03 5.04 5.05 5.06 5.07 5.08 5.09 5.10 5.11 Hisrich, Robert D.; Ramadani, Veland. Effective Entrepreneurial Management: Strategy, Planning, Risk Management, and Organization. Retrieved 26 November 2017.
- ↑ "Samsung Group SuccessStory". successstory.com. Retrieved 4 November 2017.
- ↑ 7.00 7.01 7.02 7.03 7.04 7.05 7.06 7.07 7.08 7.09 7.10 7.11 "Samsung: A short history". mercurynews.com. Retrieved 4 November 2017.
- ↑ "Samsung Printing Solutions". crunchbase.com. Retrieved 26 November 2017.
- ↑ 9.00 9.01 9.02 9.03 9.04 9.05 9.06 9.07 9.08 9.09 9.10 "History of Samsung (7): Semiconductor Breakthroughs and High-Profile Sponsoring 1984-1985". samsung.com. Retrieved 26 November 2017.
- ↑ "Samsung Ventures". crunchbase.com. Retrieved 26 November 2017.
- ↑ 11.0 11.1 11.2 11.3 11.4 11.5 11.6 11.7 11.8 11.9 "Samsung's Smartphone History: From Zero to Galaxy S4". pcmag.com. Retrieved 4 November 2017.
- ↑ "Samsung Acquisitions (30)". acquiredby.co. Retrieved 26 November 2017.
- ↑ "Genoa Color Technologies". crunchbase.com. Retrieved 26 November 2017.
- ↑ "Genoa Color Technologies acquired by Samsung Electronics". crunchbase.com. Retrieved 26 November 2017.
- ↑ 15.00 15.01 15.02 15.03 15.04 15.05 15.06 15.07 15.08 15.09 15.10 15.11 15.12 15.13 15.14 15.15 15.16 15.17 15.18 15.19 15.20 15.21 15.22 15.23 15.24 15.25 15.26 15.27 15.28 15.29 "Samsung Electronics Acquisitions". crunchbase.com. Retrieved 27 November 2017.
- ↑ "Samsung acquires Clairvoyante's IP assets OLED lifetime IP". oled-info.com. Retrieved 26 November 2017.
- ↑ "Samsung Electronics Acquires Clairvoyante's IP Assets". businesswire.com. Retrieved 26 November 2017.
- ↑ Deffree, Suzanne. "Samsung acquires Clairvoyante's IP assets". edn.com. Retrieved 26 November 2017.
- ↑ "Samsung Strategy and Innovation Center". crunchbase.com. Retrieved 26 November 2017.
- ↑ "Samsung Electronics Acquires NVELO". samsung.com. Retrieved 26 November 2017.
- ↑ "Samsung acquires storage firm NVELO". zdnet.com. Retrieved 26 November 2017.
- ↑ "Samsung Acquires SSD Caching Company NVELO". anandtech.com. Retrieved 26 November 2017.
- ↑ "Samsung Acquires NVELO". storagereview.com. Retrieved 26 November 2017.
- ↑ "NVELO Acquired By Samsung Electronics". technologyx.com. Retrieved 26 November 2017.
- ↑ Shu, Catherine. "Samsung Buys Medical Imaging Company NeuroLogica". techcrunch.com. Retrieved 26 November 2017.
- ↑ "Samsung Electronics America Acquires Medical Imaging Company - NeuroLogica". samsung.com. Retrieved 26 November 2017.
- ↑ "Samsung Acquires NeuroLogica". healthcareglobal.com. Retrieved 26 November 2017.
- ↑ "Samsung acquires medical imaging company NeuroLogica". slashgear.com. Retrieved 26 November 2017.
- ↑ "Samsung acquires Boxee for $30M (confirmed)". venturebeat.com. Retrieved 26 November 2017.
- ↑ Etherington, Darrell. "Streaming Entertainment Startup Boxee Acquired By Samsung For Around $30M". techcrunch.com. Retrieved 26 November 2017.
- ↑ D'Orazio, Dante. "Boxee acquired by Samsung, reports peg sale at $30 million". theverge.com. Retrieved 26 November 2017.
- ↑ Vincent, James. "no title provided". independent.co.uk. Retrieved 26 November 2017.
- ↑ Cheredar, Tom. "Samsung acquires Boxee for $30M (confirmed)". reuters.com. Retrieved 26 November 2017.
- ↑ "Samsung to buy OLED maker Novaled for $347 million". cnet.com. Retrieved 1 December 2017.
- ↑ "Samsung to Buy Germany's Novaled". wsj.com. Retrieved 1 December 2017.
- ↑ "Samsung to acquire Germany's Novaled for €260m". zdnet.com. Retrieved 1 December 2017.
- ↑ "PRESS RELEASE: Cheil Industries to acquire Novaled AG". novaled.com. Retrieved 1 December 2017.
- ↑ "Samsung acquires OLED maker Novaled for $347 million". business-standard.com. Retrieved 1 December 2017.
- ↑ "Samsung acquires and shutters Shelby.tv to create its own curated video service". thenextweb.com. Retrieved 1 December 2017.
- ↑ "Shelby.tv". crunchbase.com. Retrieved 1 December 2017.
- ↑ "Samsung Finalizes Acquisition of Video Discovery Service Shelby TV". recode.net. Retrieved 1 December 2017.
- ↑ "Samsung snaps up struggling video streaming service Shelby.tv & promptly shuts it down". venturebeat.com. Retrieved 1 December 2017.
- ↑ "C-Lab Space". crunchbase.com. Retrieved 26 November 2017.
- ↑ "Mangoslab Co. Ltd.". crunchbase.com. Retrieved 26 November 2017.