Samsung Electronics
A South Korean technology company whose businesses span semiconductors, smartphones, displays, televisions, appliances, and connected-device services.
Last updated August 31, 2026
Overview
Samsung Electronics Co., Ltd. is a South Korean multinational technology and major-appliance company headquartered in Suwon. Founded in 1969 as Samsung Electric Industries, it developed from a domestic electronics manufacturer into one of the world's largest technology businesses. The company operates across both finished products and industrial components, giving it an unusually broad position in the electronics value chain. Its principal activities include memory and system semiconductors, displays, smartphones, tablets, televisions, monitors, refrigerators, washing machines, air conditioners, soundbars, image sensors, camera modules, batteries, and connected-home software. The company's consumer-facing identity is most closely associated with Samsung Galaxy mobile devices. The Galaxy portfolio includes flagship Galaxy S smartphones, foldable Galaxy Z Fold and Z Flip products, mid-range Galaxy A devices, Galaxy M models in selected markets, Galaxy Tab tablets, Galaxy Watch wearables, and Galaxy Buds audio products. Samsung also maintains a major television business, with premium QLED and other large-screen televisions supported by services such as Samsung TV Plus. Its appliance portfolio covers kitchen, laundry, climate-control, and smart-home products, while its hospitality and commercial-display activities serve hotels, businesses, stadiums, and other venues. Samsung's component operations are equally important. The company is a leading producer of DRAM, NAND flash memory, solid-state storage, processors, image sensors, display panels, and other electronic parts. These products are sold to external customers as well as used in Samsung-branded devices. This vertical integration has helped Samsung build manufacturing scale, manage supply chains, and develop technologies that connect components with consumer products. The company has also expanded into automotive electronics through its acquisition of Harman International, whose activities include connected-car systems, audio, and related technologies. Samsung's transformation was driven by major investments in research, manufacturing, design, and international distribution. During the 1980s it established a strong semiconductor base, and during the 1990s it pursued a design-led repositioning intended to move the brand away from a budget image. In mobile devices, the company progressed from weak early handset sales to becoming one of the world's leading smartphone vendors, helped by the Galaxy brand, Android ecosystem participation, large-scale display production, and rapid product iteration. It has also invested in foldable phones, artificial intelligence, 5G, smart-home integration, robotics, and energy-management services. The business has faced significant setbacks, including antitrust proceedings connected with memory and LCD pricing, executive succession pressure, and the 2016 Galaxy Note 7 battery crisis. The Note 7 recall and production cancellation damaged the company's reputation and produced a substantial operational disruption, but subsequent Galaxy products helped rebuild consumer confidence. Samsung continues to balance cyclical semiconductor demand with more consumer-oriented businesses. Its international footprint includes research centers, manufacturing sites, sales operations, and distribution networks across many countries. The brand is positioned around technological breadth, premium design, manufacturing capability, and global scale, while competing with Apple, Xiaomi, Huawei, LG, Sony, Intel, SK hynix, Micron, and numerous appliance and display manufacturers.
History
Samsung Electronics was established in January 1969 as Samsung Electric Industries in Suwon. Samsung Group had previously been known primarily as a trading enterprise, and the new electronics unit entered a South Korean market in which it lacked the technological depth and resources of established Japanese and Western manufacturers. Early development involved cooperation with Sanyo and other Japanese companies. A Samsung-Sanyo joint venture produced televisions and household appliances, while further partnerships supported the manufacture of audiovisual equipment and components. Early products included black-and-white televisions, calculators, refrigerators, air conditioners, and washing machines. Samsung entered semiconductors in the mid-1970s by acquiring Korea Semiconductor, a financially troubled company associated with one of South Korea's early chip-manufacturing facilities. This decision became a foundation of the modern group. Samsung subsequently built capabilities in memory, telecommunications equipment, and electronic components. In 1983, chairman Lee Byung-chul announced an ambition to compete in dynamic random-access memory. Samsung initially used licensed and imported technologies, but invested heavily in engineering and manufacturing. It announced a 64-kilobit DRAM development in 1984 and later produced increasingly dense memory generations. Samsung Electric Industries merged with Samsung Semiconductor & Communications in 1988, creating the present Samsung Electronics structure. During the late 1980s and early 1990s, Samsung expanded its product range but struggled with mobile-phone quality and brand perception. Chairman Lee Kun-hee responded with a strategy that emphasized quality, technology, design, and international competitiveness. The company reduced attention to weak product lines, strengthened component manufacturing, and sought to become a supplier and technological partner to other manufacturers. In 1996, Lee designated the period as a design revolution, encouraging changes in product development, corporate culture, and design management. The resulting emphasis on industrial design helped Samsung develop a more premium global identity. The company also used international sporting-event sponsorships, including involvement connected with the 1998 Winter Olympics, to build worldwide brand recognition. Samsung's semiconductor program produced a series of important memory milestones, including high-density DRAM and NAND flash products. In the 2000s, the business expanded across memory, displays, mobile phones, televisions, and digital appliances. Samsung supplied components to other major technology companies, including Apple, while also competing with them in finished devices. The company grew rapidly after the Asian financial crisis and became a major global technology brand. It surpassed Sony in a widely cited Interbrand ranking in 2005, became one of the largest mobile-phone manufacturers, and overtook Hewlett-Packard by sales in 2009 according to the referenced historical account. The company also faced regulatory and legal difficulties. United States and European authorities pursued memory-industry price-fixing cases relating to conduct between 1999 and 2002. Samsung received immunity in a European LCD investigation after cooperating with authorities, while other manufacturers were implicated. In 2011, Samsung sold its hard-disk-drive business to Seagate, allowing it to concentrate more strongly on semiconductors, displays, mobile products, appliances, and related businesses. Leadership changed repeatedly during the following decade. Kwon Oh-hyun became chief executive in 2012 and resigned in 2017, describing the company as facing an unprecedented crisis. A three-CEO structure was subsequently used before another reorganization in 2021. The Galaxy brand became the central pillar of Samsung's mobile business. The Galaxy S line established a flagship Android presence, while Galaxy A and other series broadened market coverage. The Galaxy Note line popularized large-screen smartphones and stylus-oriented productivity features. Samsung introduced curved-screen designs with the Galaxy S6 Edge and later developed foldable products under the Galaxy Z name. In parallel, it expanded tablets, wearables, wireless audio, television services, smart appliances, and connected-home products. The 2014 acquisition of SmartThings strengthened its smart-home platform, and the 2016 Harman acquisition added automotive electronics and connected-car capabilities. The 2016 Galaxy Note 7 battery crisis was one of Samsung's most serious product failures. Reports of overheating and fires led to an initial recall, replacement devices, and a second recall after replacement units also presented safety problems. Samsung halted production and withdrew the model. The company investigated the batteries and introduced additional safety checks. Subsequent Galaxy S8 and Note 8 products helped rebuild confidence, although the episode permanently influenced Samsung's product-testing and battery-safety procedures. Samsung's semiconductor business drove exceptionally strong results in the late 2010s, and the company briefly became the world's largest semiconductor supplier by revenue. At the same time, manufacturing shifted geographically. Mobile-phone production in China ended in 2019, and laptop and television production there was subsequently reduced or ended according to the referenced account, with capacity redirected toward locations including India and Vietnam. Samsung continued investing in advanced semiconductor production, including a planned Taylor, Texas facility announced in 2021. The company's Pyeongtaek semiconductor complex also became a venue for high-level discussions about supply-chain resilience and technological cooperation in 2022. In the 2020s, Samsung continued developing artificial intelligence, robotics, foldable devices, connected appliances, displays, and energy-management services. The company demonstrated Ballie, an AI-oriented home robot concept, at CES 2024. It also announced a partnership with British Gas intended to connect energy-management services through SmartThings and promote more efficient home heating. Samsung's current identity therefore combines a large consumer brand with a capital-intensive industrial technology business. Its future depends on maintaining semiconductor leadership, defending premium mobile and television positions, expanding automotive and connected-home activities, and managing the volatility of global electronics demand.
- 2024Ballie demonstrated at CES
Samsung presents an AI-enabled home-robot concept designed to work with connected household devices.
- 2021Taylor semiconductor facility planned
Samsung announces a planned $17 billion semiconductor investment in Taylor, Texas.
- 2017Samsung becomes leading semiconductor supplier
Strong memory-chip demand helps Samsung overtake Intel in semiconductor sales for the period described by the reference.
- 2016Galaxy Note 7 withdrawn
Battery failures lead to a global recall and cancellation of the Galaxy Note 7.
- 2016Harman acquisition announced
Samsung announces the acquisition of Harman International to enter automotive technology more deeply.
- 2014SmartThings acquisition
Samsung acquires SmartThings to strengthen its connected-home and Internet-of-Things platform.
- 2011Hard-disk-drive business sold
Samsung sells its HDD operations to Seagate Technology.
- 2005Global brand repositioning accelerates
Samsung surpasses Sony in a cited global consumer-brand ranking and expands its component-supply relationship with Apple.
- 2004Large-scale NAND development
Samsung develops an 8 GB NAND flash memory chip according to the referenced historical account.
- 1996Design revolution
Lee Kun-hee makes design capability a central part of Samsung's global repositioning.
- 1988Merger creates Samsung Electronics
Samsung Electric Industries merges with Samsung Semiconductor & Communications.
- 1983Memory-chip strategy announced
Samsung announces its intention to become a DRAM producer.
- 1974Entry into semiconductors
Samsung Group acquires Korea Semiconductor and begins building a semiconductor business.
- 1969Samsung Electric Industries is established
Samsung Group establishes the electronics manufacturing company in Suwon, South Korea.
Products and positioning
A globally scaled, innovation-led technology brand combining premium consumer electronics with vertically integrated semiconductor, display, and component manufacturing.
Galaxy smartphonesMobile devices
Samsung's Galaxy portfolio covers flagship, mid-range, entry-level, and foldable smartphones. The Galaxy S series serves as the principal premium line, while Galaxy A and Galaxy M models address broader price segments in different markets. Galaxy Z Fold and Galaxy Z Flip devices extend the brand into foldable form factors. The portfolio is built around Android software, Samsung's display and camera technologies, proprietary services, and integration with Galaxy wearables and tablets.
Galaxy TabTablets
Galaxy Tab is Samsung's tablet family, including productivity-oriented and mainstream models. Higher-end devices emphasize large AMOLED displays, pen input, multitasking, keyboard accessories, and integration with Galaxy phones and computers. More accessible models target entertainment, education, and general household use.
Samsung televisionsTelevisions and displays
Samsung sells a broad television range, including premium QLED and OLED products, large-screen home televisions, lifestyle designs, commercial displays, and hospitality televisions. Products combine proprietary display hardware with smart-TV software and services such as Samsung TV Plus. Samsung has been one of the largest television manufacturers globally since the mid-2000s.
Samsung home appliancesMajor appliances
The appliance business includes refrigerators, washing machines, dryers, ovens, vacuum cleaners, air conditioners, and other household equipment. Many current products are designed to connect through SmartThings, enabling remote control, monitoring, automation, and energy-management features. The range serves both mass-market and premium segments.
Samsung semiconductorsElectronic components
Samsung manufactures DRAM, NAND flash, solid-state storage, processors, image sensors, and other semiconductor products. Memory has historically been a core strength, supported by large fabrication investments and close integration with the company's device businesses. Samsung also supplies components to external manufacturers and technology companies.
Samsung DisplayDisplay components
Samsung's display operations produce panels and display technologies for smartphones, tablets, televisions, monitors, automotive applications, and other devices. AMOLED and other advanced display technologies are used both in Samsung products and in components supplied to third parties.
Harman automotive and audio systemsAutomotive electronics and audio2017
Through Harman, Samsung participates in automotive infotainment, connected-car systems, cockpit electronics, professional audio, and consumer audio brands. The acquisition broadened Samsung beyond conventional consumer devices and connected its semiconductor, display, software, and automotive capabilities.
Flagship businesses
- Galaxy S series
- Galaxy Z Fold and Galaxy Z Flip series
- Galaxy A series
- Galaxy Tab series
- Galaxy Watch
- Galaxy Buds
- QLED televisions
- Samsung OLED televisions
- Exynos processors
- DRAM and NAND memory
- Samsung Display panels
- Harman connected-car and audio systems
- Galaxy Z Fold and Galaxy Z Flip
- Galaxy Tab
- Galaxy Watch and Galaxy Buds
- Neo QLED and QLED televisions
- Bespoke home appliances
- DRAM, NAND flash and solid-state storage
- Samsung Foundry process technologies
Marketing campaigns
- 1998Winter Olympics sponsorship
International
Samsung used sponsorship activity connected with the Nagano Winter Olympics to support its transition from a regional electronics maker to a globally recognized consumer brand.
Outcome. Contributed to international brand visibility.
Brand decisions
- 2021United States semiconductor expansionStrategy
Demand for advanced chips and concerns about supply-chain resilience encouraged manufacturers to add capacity outside East Asia.
What changed. Samsung announced plans to invest in a new semiconductor facility in Taylor, Texas.
Aftermath. The project became part of Samsung's effort to expand its United States manufacturing footprint.
Planned investment. $17 billion (Announced 2021)
- 2016Acquisition of HarmanM&A
Samsung wanted to expand into automotive electronics and connected-car systems while adding premium audio capabilities.
What changed. Samsung agreed to acquire Harman International Industries.
Aftermath. Harman became an important route into automotive technology, infotainment, cockpit systems, and audio.
Announced transaction value. $8 billion (2016)
- 2016Galaxy Note 7 recall and discontinuationOther
Reports of battery overheating and fires created a direct safety risk and threatened confidence in Samsung's mobile brand.
What changed. Samsung recalled the device, attempted a replacement program, and ultimately halted production and sales.
Aftermath. Samsung introduced additional battery-safety controls and relied on later Galaxy launches to rebuild trust.
- 2014Acquisition of SmartThingsM&A
Connected-home products and the Internet of Things were becoming important extensions of mobile and appliance ecosystems.
What changed. Samsung acquired SmartThings and incorporated its capabilities into the broader SmartThings platform.
Aftermath. The acquisition strengthened Samsung's connected-device and smart-home strategy.
- 2011Sale of hard-disk-drive operationsM&A
Samsung was concentrating on businesses with stronger strategic links to memory, displays, mobile products, and digital appliances.
What changed. The company sold its HDD operations to Seagate Technology.
Aftermath. The divestment reduced Samsung's exposure to a storage segment outside its principal strategic focus.
Transaction value. $1.4 billion in cash and stock (2011)
- 1996Design-led brand transformationStrategy
Samsung's products were still associated in many markets with value pricing rather than premium design and technology.
What changed. Chairman Lee Kun-hee made design management and product quality central to the company's competitive strategy.
Aftermath. Samsung developed a stronger global design identity and improved its position in premium consumer electronics.
- 1983Commitment to DRAM manufacturingStrategy
Samsung sought to move from appliance and consumer-electronics assembly into higher-value technology components.
What changed. The company announced a strategic commitment to develop and manufacture DRAM, supported by imported technology and major capital investment.
Aftermath. Memory became one of Samsung's defining businesses and a foundation for later semiconductor leadership.
Leadership
| Name | Title | Tenure |
|---|---|---|
| Jun Young-hyun | Vice Chairman and Chief Executive Officer | 2025– |
| Roh Tae-moon | President and Chief Executive Officer; Head of Device eXperience | 2025– |
| Jun Young-hyun | Vice Chairman and Chief Executive Officer; Head of Device Solutions | 2024– |
| Lee Jae-yong | Executive Chairman | 2022– |
| Han Jong-hee | Vice Chairman and Chief Executive Officerformer | 2022–2025 |
| Kyung Kye-hyun | President and Chief Executive Officer; Head of Device Solutionsformer | 2022–2024 |
| Kwon Oh-hyun | Chief Executive Officerformer | 2012–2017 |
| Kwon Oh-hyun | Chief Executive Officer and Vice Chairmanformer | 2012–2017 |
| Choi Gee-sung | Chief Executive Officer and Vice Chairmanformer | 2010–2012 |
| Lee Kun-hee | Chairmanformer | 1987–2020 |
Controversies
- 2016Galaxy Note 7 battery crisisControversy
Battery defects caused overheating and fires in Galaxy Note 7 devices. Samsung issued recalls, distributed replacement units, then stopped production and withdrew the product after safety problems persisted. The episode prompted additional battery-testing and quality-control procedures.
Recent events
- 2025Han Jong-hee dies while serving as co-CEO
Han Jong-hee died in March 2025, leaving Jun Young-hyun as Samsung Electronics' sole chief executive according to the referenced account.
Leadership change - 2025Han Jong-hee dies while serving as co-chief executive
Samsung announced the death of co-CEO Han Jong-hee, after which Jun Young-hyun became the company's sole chief executive.
Leadership change - 2024Samsung demonstrates Ballie home robot
Samsung presented an updated Ballie concept designed to assist with household tasks, monitor pets, and interact with connected-home devices.
Product launch - 2021Samsung announces major semiconductor investment in Taylor, Texas
The company announced plans for a new semiconductor manufacturing facility in Taylor as part of an effort to expand advanced chip production in the United States.
Other - 2019Samsung introduces Galaxy Z foldable smartphones
The Galaxy Fold launch established Samsung's commercial foldable-phone program, later expanded through the Galaxy Z Fold and Galaxy Z Flip families.
Product launchProduct generation - 2017Samsung Electronics acquires Harman
Samsung completed the acquisition of Harman, adding automotive audio, infotainment and connected-car capabilities to its portfolio.
M&A - 2016Samsung acquires Harman International
Samsung announced an approximately $8 billion acquisition of Harman, expanding its presence in automotive electronics, connected-car systems, and premium audio.
M&A - 2016Galaxy Note 7 recalled after battery fires
Battery-related overheating and fire reports led to a global recall, replacement effort, and eventual discontinuation of the Galaxy Note 7.
RecallProduct generationOther - 2016Samsung completes acquisition of Viv Labs
The acquisition strengthened Samsung's work in artificial intelligence and voice-assistant technology.
M&A - 1980Samsung Electronics begins international expansion of its manufacturing and sales network
The company expanded overseas production, sales subsidiaries and research activity as it moved beyond its Korean manufacturing base.
Other
Sources
- Samsung Electronics
- Samsung Galaxy Note 7
- Samsung Electronics global newsroom
- Samsung Electronics official website
- Acquisition of SmartThings
- Lee Jae-yong is convicted in the Park Geun-hye influence-peddling case
- Galaxy Note7 recall and discontinuation
- Samsung introduces Galaxy Z foldable smartphones
- Samsung Electronics acquires Harman
- Samsung completes acquisition of Viv Labs
- Samsung Electronics begins international expansion of its manufacturing and sales network
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