Samsung the leader in smartphones

Samsung is a multinational business conglomerate headquartered in Seoul, South Korea. It is the largest South Korean business group, it is formed by more than 80 companies including affiliates, subsidiaries and affiliated companies. The best-known business branch is its technology and electronics division, Samsung Electronics , although it also maintains businesses in the financial, biotechnology, health, commerce, services, shipbuilding and civil construction sectors. The sum of all these activities represents in itself alone about 20% of South Korea's gross domestic product.

In 1938, businessman Lee Byung-chul, from Gyeongsang Province, created the company. an export company and called it Samsung (which in Korean means three stars), later Samsung founded and bought companies of all types, driving the economic transformation of South Korea. Starting in the 1990s, its international expansion took place through its electronics branch, particularly in household appliances, mobile phones and semiconductors.

With the arrival of the 21st century, Samsung has established itself as the most important company in South Korea in terms of business volume, in part thanks to to its electronic division. Samsung Electronics became In 2012, it became the world's largest mobile phone manufacturer by overtaking Nokia, which had led the market since 1998. In addition, management announced the ten-year increase in investments in biopharmaceuticals, biotechnology and smart watches, as well as like a new headquarters in Silicon Valley.

The company has faced two recent crises in October 2016. On the one hand, they were forced to withdraw all Samsung Galaxy Note 7 devices from the market. due to a manufacturing fault, the famous case of exploding batteries. And on the other, the legal conflicts between Samsung Electronics and Apple for alleged violation of patents in smartphones.

Despite everything, the future of Samsung seems assured, especially in the field of smartphone production, its innovation and innovation. n constant quality and devices, consolidate the company as a leader in this market. It will be out soon On sale, the Samsung Galaxy S8 and S8+, which bring unique features, and are expected to recover the company's reputation lost due to the failure of the Samsung Galaxy Note 7.