Why Is Samsung Named “Samsung”?

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Within the phrase of expertise, there aren’t many names larger than Samsung. This behemoth firm makes all the things from smartphones to fridges. The place did the identify “Samsung” come from, and does it imply something vital?

Samsung’s Origins

The Samsung we all know at the moment is solely totally different from the unique firm. It was began all the way in which again in 1938 by Lee Byung-chul in Korea. It was a small buying and selling firm and grocery retailer with solely round 40 workers.

It wasn’t till the Sixties that Samsung entered the electronics business. A number of electronics divisions have been fashioned, together with Samsung Electronics, which is what most individuals these days are referring to after they discuss Samsung.

Samsung turned the world’s largest producer of reminiscence chips by 1992. Ten years later, it was the world’s largest producer of liquid-crystal shows. In 2012, Samsung turned the world’s largest cell phone maker, passing Nokia.

The Samsung Electronics division accounts for round 70% of Samsung’s complete income. As of 2019, it was the second largest expertise firm on the planet by income. Samsung smartphones account for 23% of world smartphone gross sales as of April 2022. That places them within the high spot.

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The That means of Samsung’s Title

The Samsung identify was chosen by founder Lee Byung-chul; it means “three stars.” In response to Samsung’s official document, his imaginative and prescient was for the corporate to be “highly effective and eternal like the celebrities within the sky.”

The three stars have been current within the unique and subsequent logos till the corporate launched the brand we all know at the moment in 1993.

Samsung logos.

As an organization that’s over 80 years outdated and leads the expertise business in lots of areas, it could appear Samsung has achieved its founder’s aim of being highly effective and eternal. You could find Samsung on lots of our purchasing guides, together with Android telephones, 4K TVs, smartwatches, and Chromebooks!

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