Samsung is one of the best brand in the sector of smartphones. It is the best ever South Korean multinational conglomerate and also headquartered in the Samsung Town. It also includes the multifarious affiliated businesses and most of them also united under the Samsung Brand and it is also the largest South Korean chaebol and the business conglomerate.
This best brand had also been founded by Lee Byung chul in the year 1938 as the trading company. Even in the next 3 decades, this group was also diversified in the areas which also involves the food processing, the textiles, the insurance, the securities and also the retail sector. Samsung also entered the electronics industry in the late 1960s and there is also the construction and also the shipbuilding industries in the mid 1970s year and these areas will also be driving its subsequent growth too.
After the death of Lee in the year 1987, Samsung then separated into four business groups: Samsung Group, Shinsegae Group, CJ Group and Hansol Group. Since the year 1990, Samsung has also increasingly being globalised its many of the activities and also the electronics, in specific, the mobile phones and the semiconductors have become its most important source of income.
Even the Samsung industrial affiliates include Samsung Electronics (it is the world’s 2nd largest information technology company measured by 2015 revenues, and also the 5th in market value too. The Samsung Heavy Industries, also being the world’s 2nd largest shipbuilder which is being measured by the 2010 revenues and also the Samsung Engineering and Samsung C&T (respectively the world’s 13th and 36th largest construction companies.
You will also find other kind of notable subsidiaries includes the Samsung Life Insurance, being the world’s 14th largest life insurance company, even the Samsung Everland, the operator of Everland Resort, the oldest theme park in South Korea and Cheil Worldwide and it is the world’s 15th largest advertising agency measured by the year 2012 revenues.
Samsung also has the powerful influence on South Korea’s economic development, politics, media and culture and has also been the major driving force just behind the “Miracle on the Han River”. Its affiliate companies produce around the fifth of South Korea’s total exports. The revenue of Samsung was also not equal to the 17% of South Korea’s $1082 billion GDP.
There are various classy smartphones which are available of the Samsung brand in the market. You can choose as per the price, colour choice, budget, peferences of choice, etc.
It was in the year 2000, Samsung opened the computer programming laboratory in Warsaw, Poland. The work of Samsung also began with set top box technology before moving in the digital TV and the smartphones segment. In the year 2011, the Warsaw base is also the Samsung’s most important R&D center in Europe, even forecast to be the recruiting 400 new-hires per year, just by the end of 2013 too.
It was in the year 2010, Samsung announced the 10 years growth strategy centered around five businesses. Even one of these businesses was aslo to be just focussed on the biopharmaceuticals. In the year December 2011, Samsung Electronics has also sold its hard disk drive businesses to Seagate.
In the first quarter of 2012, Samsung Electronics also turned out to be the world’s largest mobile phone maker by the unit sale, also overtaking the Nokia and this had ben the market leader, ever since 1998. On the 21 August’s edition of the Austin American-Statesman, Samsung also confirmed the plans for spending 3 to 4 billion dollars by converting the half of its Austin chip manufacturing plant for more profitable chip as such. This conversion must start in the early 2013 year with the production online by the end of the year 2013. It was in March 2013, Samsung unveiled the Galaxy S4 smartphone.
In the August 2012, the nine American jurors also ruled that the Samsung had to pay Apple $1.05 billion in damages for violating six of its patents on smartphone technology. The award was also still less than the $2.5 billion requested by Apple. This decision also ruled that Apple also did not violate the 5 Samsung patents cited in this case. Samsung asl odecried the whole decision for making the move that could also harm innovation in the sector.
It was in January 2016 thqat the Samsung announced that it will also be working with Microsoft for developing the IoT devices which is just based on Windows 10, where the companies will also be working together for developing the products which will be running on the platform as well as the integration with the other companies developing the hardware and the services on Microsoft’s OS. Samsung company also released the smart ever fitness smartwatch which is also called the Gear Fit 2 and also a brand of the wireless earbuds called Gear Icon X.
On the 2nd of August 2016, Samsung unveiled the Galaxy Note 7 smartphone and this also went on sale on the 19 of August 2016. However, in the early September 2016, Samsung suspended sales of the phone and also announced the informal recall too. This occured after the some units of that phone also had the batteries that were with the defect that also caused them to produce excessive heat and this shall lead to the explosions and fire.
Samsung has also replaced the recalled units of the smartphones along with the new version too and however, it was also later found that the new version of the Galaxy Note 7 also had the battery defect in it. Samsung has also recalled all the Galaxy Note 7 smartphone worldwide on 10 October 2016 and also permanently ended the production of the smartphone even on the following day.
You can also know about the best ever Samsung smartphones which hits the market and these also thrill people to bits for sure and these smartphones turns out to be the attention grabber. All over,the Samsung is one of the best brand smartphone for the smartphone lovers.
