Samsung is a South Korean multinational conglomerate that designs, manufactures, and markets consumer electronics. The company has grown to become one of the world’s largest smartphone manufacturers and one of the top ten global brands. Samsung produces a wide variety of products ranging from home appliances such as refrigerators and washing machines to mobile phones such as Galaxy devices.
Samsung also designs computer hardware components for other companies including Intel, AMD, Qualcomm Technologies Inc., Apple Inc., Microsoft Corporation, etc.
The success story behind this technology giant began in 1938 when Lee Byung-Chul founded it with just 30 employees in Suwon city near Seoul in Korea’s Gyeonggi Province.
It started off by trading groceries but soon diversified into textiles production before eventually becoming an electronics giant that we know today due to its innovative approach towards product development and marketing strategies which have enabled them to stay ahead of their competition over time despite numerous challenges along the way like economic downturns or trade wars between countries where they operate business activities.
In recent years, Samsung has made significant strides towards developing sustainable solutions for energy efficiency, renewable energy generation, water conservation & purification etc.
They are actively working on projects related to artificial intelligence (AI) & robotics so as make life easier for people around globe while reducing strain on our natural resources at same time.
This shows how versatile company can be when it comes adapting changing landscape modern day business environment & leveraging opportunities arising out those changes effectively achieve long term objectives set forth by management team within organization itself or through collaborations with external partners/organizations active respective areas research/development work being done globally right now.
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