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15 Facts You Probably Didn't Know About Samsung - Phones - Nairaland

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15 Facts You Probably Didn't Know About Samsung by Calismart(m): 1:54pm On Jul 22, 2017
DID YOU KNOW THAT


1- In 1938, Lee Byung-Chull launched Samsung in South Korea as a grocery shop.


2- In 1940, due to tight competition in the grocery segment, Samsung abandoned grocery for producing and selling of noddles.


3- In 1950, Samsung abandoned production of noddles for producing of sugar.
4- In 1954, Samsung left sugar and started a woolen mill in Korea.


5- In 1956, Samsung abandoned woolen mill and started selling Insurance and securities.


6- In 1960, Samsung left selling of insurance and securities for production of television - the black and white television. Not color television.


7- In 1980, Samsung switched to telecoms, producing telephone switch boards.


8- In 1987, Lee the founder and owner of Samsung died. The company now broke into four independent companies- department stores, chemicals & logistics, paper/telecom and electronics.


9- Same year, Samsung decided to focus on international investing, investing in plants & semi conductor facilities around the world.


10- In 1990, Samsung delved into real estate abandoning international investing in semi conductors. Samsung built the worlds tallest buildings: Petronas Towers Malaysia, Taipei 101 in Taiwan


11- In 1993, there was heavy recession and Asian markets went belly up, Lee's son who had succeeded him as the CEO of Samsung began downsizing, selling subsidiaries and merged the rest.


12- With the merging of the electronics, engineering and chemicals division, Samsung became the worlds largest producer of memory chips.


13- In 1995, Samsung switched to liquid-crystal displays and over the next 10 years became the worlds largest manufacturer of flat screen television.


14- In 2010, with liquid crystal displays becoming competitive, Samsung launches a 10 year growth strategy, with smart phones being a key focus.


15- In 2016, Samsung is worlds largest mobile and smart phone maker, outselling iPhone two to one.


Samsung sales today is over $250 billion and produces a fifth of South Korea's total exports.
Don't be afraid of change. If you don't change, you become insignificant. Don't be afraid of delving into new waters. Don't get stuck doing same thing over and over again, it's boring. The life is in the risk. The life is in the new!!!! If your idea isn't working or you are stagnant, don't stick to the Glorious' past, take the risk and move on. It's far better than being stagnant.

Happy weekend


http://www.storiesmagic.com/2017/07/15-facts-you-probably-didnt-know-about.html?m=1

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Re: 15 Facts You Probably Didn't Know About Samsung by cosby02(m): 1:58pm On Jul 22, 2017
This will not get to FP... imagine its Fayose eating ponmo or snake killed by farmer. I no talk oo.

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Re: 15 Facts You Probably Didn't Know About Samsung by Calismart(m): 3:04pm On Jul 22, 2017
cosby02:
This will not get to FP... imagine its Fayose eating ponmo or snake killed by farmer. I no talk oo.
lol..
Re: 15 Facts You Probably Didn't Know About Samsung by modath(f): 3:07pm On Jul 22, 2017
Let's try and see...

Lalasticlala , see snake.........
Re: 15 Facts You Probably Didn't Know About Samsung by Patrick33(m): 4:26pm On Jul 22, 2017
OP...you forgot to add that they've been trashing iphone in sales right from the Launch of the Galaxy S5. smiley:p
Re: 15 Facts You Probably Didn't Know About Samsung by MrBONE2(m): 4:52pm On Jul 22, 2017
What about Military Weapons and Armory Vehicles grin
Re: 15 Facts You Probably Didn't Know About Samsung by Cladez(m): 5:02pm On Jul 22, 2017
Thats one fact about life if where you are doesn't suit you, CHANGE.

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