How big do you think Samsung Company is? Maybe you think it is just big or really big or like me you feel it is averagely big, but Samsung is way bigger than I thought and maybe it is way bigger than you think also. Research has made it obvious that the company Samsung began after the end of a financial crises that was almost leading to a world war and it was founded by a man called LEE CHULL in Korea, he started the company as a small production company and hiring about 40 workers but time passed by and from production the company went on to retailing and as well the electronics unit.
Samsung was always faster and smarter in technology and after several years, there are lot of Samsung products available in almost every home, we have Samsung mobile devices, Samsung laptops, Samsung fridge, memory chips and many more Samsung products that can be used in the home.
Samsung was able to boost of $305 billion in revenue in 2014 and that same year apple boasted of $183 billion and google on the other hand was able to boast of $66 billion.
Apart from the phones and laptops that most of us know Samsung for, Samsung is made up of 80 other businesses which are independent businesses but they come together to pursue the common Samsung goal and objective. Samsung is into engineering, production, hotel and resort, car production, fashion and several others.
Samsung is into robotics and military arms, ship building, heavy duty production system, a medical research laboratory and virtual reality. Samsung seem to have a diversified method of production and they have entered into almost every segment. Samsung is so big that it has its own city in Korea where it was founded.
More interesting facts about Samsung.
Samsung produces memory chips and for years it has remained the largest producer of memory chips, it is the provider of memory chips even for popular iPhone.
The founder of Samsung wanted to state the fact that it was a large group and existed for infinity, which made the Korean name translate to mean three stars.
Samsung remains the largest manufacturer of television screens for many years.
Samsung spends millions in research which in turn comes back to them as a meaningful spending expense.
The galaxy S series is one of Samsung product that people love and for the company the S at the back of the product signifies SUPER SMART.
Samsung produces the largest skyscrapers, the biggest ships in the world.
It is amazing to find out that Samsung has up to 490,000 employees which is extremely huge because the number surpasses the employees of google, Microsoft and even apple.
It is interesting to find that one company that is into almost everything and they are good at what they do, let me know what your opinion is in the comment section.
References
https://www.tufitech.com/samsung/how-big-is-samsung-infographic/
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