Samsung constructed Tower 2

Samsung constructed Tower 2 of the Petronas Twin Towers in Malaysia, the world's tallest twin buildings.

Samsung, as a subcontractor, constructed the Taipei 101 in Taiwan, the world's tallest completed skyscraper.

Samsung at the 2009 Consumer Electronics Show in Las Vegas 1938-1969 SAMSUNG's beginnings

• 1938: Lee Byung-Chull founded his small business as 'Samsung Store' at Daegu
• 1950: Lee Byung-Chull founded Samsung trading company in Seoul (YPM)
• 1951: SAMSUNG Moolsan established (now SAMSUNG Corporation)
• 1953: Samsung starts sugar production, which has since been spun off into the CJ Corporation
• 1958: Ankuk Fire & Marine Insurance acquired (renamed SAMSUNG Fire & Marine Insurance in October 1993)
• 1963: The first Shinsegae department store opens in Seoul
• 1963: DongBang Life Insurance acquired (renamed SAMSUNG Life Insurance in July 1989)
• 1964: Samsung starts Tongyang Broadcasting Company (TBC), which later merged with KBS
• 1965: Samsung starts the Joong-Ang Ilbo daily newspaper, which is no longer a formal subsidiary of Samsung but is still controlled by ex-Chairman Lee Kun-hee's brother-in-law.
• 1966: Joong-Ang Development established (known today as SAMSUNG Everland)
• 1969: Samsung Electronics was founded
• 1969: SAMSUNG-Sanyo Electronics established (renamed SAMSUNG Electro-Mechanics in March 1975 and merged with SAMSUNG Electronics in March 1977)

In 1938, Lee Byung-Chull founded Samsung, a small trading company with forty employees located in Daegu. The company prospered until the Communist invasion in 1950 when he was forced to leave Seoul and start over in Busan. During the war, Samsung's businesses flourished and its assets grew twenty-fold. In 1953, Lee started a sugar refinery—South, Korea’s first manufacturing facility after the Korean War. The company diversified into many areas and Lee sought to establish Samsung as an industry leader in a wide range of enterprises (Samsung Electronics). The company started moving into businesses such as insurance, securities, and retail. In the early 1970s, Lee borrowed heavily from foreign interests and launched a radio and television station (Samsung Electronics).

South Korean President Park Chung-hee’s regime during the 1960s and 1970s would prove a boon for Samsung. Park placed great importance on industrialization, and focused his economic development strategy on a handful of large domestic conglomerates, protecting them from competition and assisting them financially. Samsung was one of these companies. Park banned several foreign companies from selling consumer electronics in South Korea in order to protect Samsung from foreign competition and nurture an electronics manufacturing sector that was in its infancy. “To make up for a lack of technological expertise in South Korea, the South Korean government effectively required foreign telecommunications equipment manufacturers to hand over advanced semiconductor technology in return for acces.
BHAGIRATH ELECTRONICS PVT LTD