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Samsung

Samsung was founded in 1969, and one of its subsidiaries, Samsung Electronics Co. Ltd. is one of the largest electronics companies in the world. Founded in Daegu, South Korea, it operates in around 58 countries and has over 208,000 workers. The turnover in 2003 was about 101.7 billion USD. Among the top 20 brands of the world.

At present, Samsung Electronics operates in 5 business areas, namely Telecommunications (Mobile Handsets and Network), Digital and Home Appliances (including washing machines, microwave ovens, refrigerators, VHS and DVD players, etc), Digital Media, LCD, and Semiconductors.

Samsung (meaning "three stars" or "tristar" in Korean) was founded by Lee Byungchul. Samsung Electronics is the flagship division of The Samsung Group.

Samsung is one of the largest South Korean conglomerates ("chaebol"). It started as an exports company in 1938 but soon diversified.

Subsidiaries of the Samsung Group

Electronics industries

  • SAMSUNG Electronics
  • SAMSUNG Electro-Mechanics
  • SAMSUNG SDI
  • SAMSUNG Corning
  • SAMSUNG SDS
  • SAMSUNG Networks
  • SAMSUNG Corning Precision Glass

Machinery and heavy industries

  • SAMSUNG Heavy Industries
  • SAMSUNG Techwin

Chemical industries

  • SAMSUNG TOTAL PETROCHEMICALS
  • SAMSUNG Petrochemicals
  • SAMSUNG BP chemicals
  • SAMSUNG Fine Chemicals
  • Cheil Industries

Financial services

  • SAMSUNG Life Insurance(Korean)
  • SAMSUNG Fire & Marine Insurance
  • SAMSUNG Card, SAMSUNG Securities
  • SAMSUNG Capital
  • SAMSUNG Investment Trust Management
  • SAMSUNG Venture Investment

History

1950s - 1980s

  • 1953: Samsung started sugar production, which has since ended
  • 1958: Samsung starts offering insurance
  • 1965: A department store opened in Kwanjou.
  • 1967: Samsung started the Joong-Ang Ilbo daily newspaper. Today this newspaper has no affiliation with the company.
  • 1969: Samsung Electronics founded
  • 1974: Samsung Petrochemical and Heavy Industries founded.
  • 1976: The company was awarded an export prize by the government as a part of the country's development programme.
  • 1977: As a result of their export prize, Samsung Construction emerged. In addition, Samsung Shipbuilding has formed.
  • 1982: Samsung established a professional baseball team.
  • 1983: Samsung produced its first computer chip: a 64k DRAM.
  • Towards the end of the 1980's, Samsung pushed its efforts in petrochemicals and electronics.

The 1990s and present

The 1990s saw Samsung rise as an international corporation. Not only did it acquire a number of businesses abroad, but also began leading the way in certain electronic components. Samsung's construction branch was awarded the contract to build one of the two Petronas Towers in Malaysia in September 1993.

Samsung survived the Asian financial crisis of 1997-98 relatively unharmed. It has kept expanding since then. Samsung's brand strength has improved impressively in the last few years, despite an environment of scandal and political intrigue.

Samsung is now one of the leading manufacturers in plasma displays, although it has struggled with building an image of being an innovator created by legal controversies over patent infringements with companies such as Fujitsu who claim to have created plasma display technology first. Samsung has also faced controversy in Korea for its policies towards workers, described by some as anti-worker.


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Samsung has also faced controversy in Korea for its policies towards workers, described by some as anti-worker. Through its Lufthansa Berlin Stiftung, it operates three classic German aircraft as well:. Samsung is now one of the leading manufacturers in plasma displays, although it has struggled with building an image of being an innovator created by legal controversies over patent infringements with companies such as Fujitsu who claim to have created plasma display technology first. The first will be delivered before the end of 2007 and they are likely to be used on services to Asia and the USA (ref: Airliner World, March 2005). Samsung's brand strength has improved impressively in the last few years, despite an environment of scandal and political intrigue.
Lufthansa has ordered 15 Airbus A380 aircraft. It has kept expanding since then. The Lufthansa fleet consists of the following aircraft (as per July 2005):.

Samsung survived the Asian financial crisis of 1997-98 relatively unharmed. See full article: Lufthansa destinations. Samsung's construction branch was awarded the contract to build one of the two Petronas Towers in Malaysia in September 1993. The most important are:. Not only did it acquire a number of businesses abroad, but also began leading the way in certain electronic components. In addition to its mainline operation, Lufthansa has many subsidiaries. The 1990s saw Samsung rise as an international corporation. The majority shareholders (the Swiss government and large Swiss companies) will be offered payment if Lufthansa's share price outperforms an airline index during the years following the merger.

. The deal consists of Lufthansa offering public shareholders the average price over the weeks prior to the announcement. It started as an exports company in 1938 but soon diversified. On 22 March 2005 SWISS merged with Lufthansa Airlines. Samsung is one of the largest South Korean conglomerates ("chaebol"). It is one of the first terminals in Europe partially owned by an airline. Samsung Electronics is the flagship division of The Samsung Group. In June 2003 Lufthansa opened new Terminal 2 at Munich's Franz Josef Strauß Airport (MUC) to relieve its main hub, Frankfurt (FRA), which is plagued with capacity constraints.

Samsung (meaning "three stars" or "tristar" in Korean) was founded by Lee Byungchul. On 17 May 2004, Lufthansa became the launch customer for Boeing's Connexion in-flight online connectivity service. At present, Samsung Electronics operates in 5 business areas, namely Telecommunications (Mobile Handsets and Network), Digital and Home Appliances (including washing machines, microwave ovens, refrigerators, VHS and DVD players, etc), Digital Media, LCD, and Semiconductors. By doing so, Lufthansa became the first foreign launch customer for a Boeing commercial plane. Among the top 20 brands of the world. Lufthansa was the launch customer of the Boeing 737 aircraft, and the only buyers of new 737-100s. The turnover in 2003 was about 101.7 billion USD. Lufthansa was banned from flying into West Berlin until the demise of the communist regime.

Founded in Daegu, South Korea, it operates in around 58 countries and has over 208,000 workers. East Germany instead called its national airline Interflug, which ceased operations in 1991. is one of the largest electronics companies in the world. In the 1950s East Germany attempted to establish its own airline using the Lufthansa name, but this resulted in a dispute with West Germany, where the airline had been already re-established after the Second World War. Ltd. The name Lufthansa derives from Luft (the German word for "air") and Hansa (the Hanseatic trade organization that ruled large parts of Northern Europe during the medieval times). Samsung was founded in 1969, and one of its subsidiaries, Samsung Electronics Co. The company's original full name was Deutsche Luft Hansa Aktiengesellschaft.

Towards the end of the 1980's, Samsung pushed its efforts in petrochemicals and electronics. The company was founded in 1926 and headquartered in Berlin, following a merger between "Deutsche Aero Lloyd" (DAL) and "Junkers Luftverkehr" on January 6 of that year. 1983: Samsung produced its first computer chip: a 64k DRAM. . 1982: Samsung established a professional baseball team. The Lufthansa Group operates more than 300 aircraft and employs about 97000 people world-wide. In addition, Samsung Shipbuilding has formed. Lufthansa is a founding member of Star Alliance, one of the world's major airline alliances.

1977: As a result of their export prize, Samsung Construction emerged. In the future after the merging with the SWISS, the Zurich Airport will be also a main traffic hub. 1976: The company was awarded an export prize by the government as a part of the country's development programme. The company has developed a second hub at Munich's Franz Josef Strauß International Airport. 1974: Samsung Petrochemical and Heavy Industries founded. Their main base is at Frankfurt International Airport in Frankfurt am Main which is also Lufthansa's primary traffic hub. 1969: Samsung Electronics founded. Lufthansa (Deutsche Lufthansa AG) is the largest German airline company, headquartered in Cologne.

Today this newspaper has no affiliation with the company. Interflug. 1967: Samsung started the Joong-Ang Ilbo daily newspaper. 1 Dornier 27. 1965: A department store opened in Kwanjou. 1 Messerschmitt Me 108. 1958: Samsung starts offering insurance. 1 Junkers 52.

1953: Samsung started sugar production, which has since ended. 30 Boeing 747-400. SAMSUNG Venture Investment. 28 Boeing 737-500. SAMSUNG Investment Trust Management. 33 Boeing 737-300. SAMSUNG Capital. 18 MD-11F (Lufthansa Cargo only).

SAMSUNG Card, SAMSUNG Securities. 10 Airbus A340-600 (further 7 on order). SAMSUNG Fire & Marine Insurance. 30 Airbus A340-300. SAMSUNG Life Insurance(Korean). 13 Airbus A300-600. Cheil Industries. 8 Airbus A330-300 (further 2 on order).

SAMSUNG Fine Chemicals. 2 Airbus A330-200. SAMSUNG BP chemicals. 6 Airbus A321-200. SAMSUNG Petrochemicals. 26 Airbus A321-100. SAMSUNG TOTAL PETROCHEMICALS. 34 Airbus A320-200.

SAMSUNG Techwin. 12 Airbus A319-100. SAMSUNG Heavy Industries. 42 CRJ-100/200. SAMSUNG Corning Precision Glass. 20 CRJ-700. SAMSUNG Networks. 18 Avro RJ85.

SAMSUNG SDS. Condor, a travel services provider. SAMSUNG Corning. Lufthansa Flight Training, a major provider of flight crew training services to various airlines. SAMSUNG SDI. LSG Sky Chefs, the world's largest airline caterer, which accounts for one third of the world's airline meals. SAMSUNG Electro-Mechanics. Delvag, an insurance company specializing in air transport.

SAMSUNG Electronics. Air Dolomiti, an airline based in Trieste, Italy. Thomas Cook, a travel services provider. Lufthansa CityLine, a regional carrier. Lufthansa Regional, a regional carrier that is an alliance of several small airlines, including Lufthansa CityLine.

Lufthansa Systems, one of the world's leading aviation IT-providers. Lufthansa Technik, one of the world's largest aircraft maintenance providers. Lufthansa Cargo.