In this cutthroat competition market, being a leader is not a layman’s job. With hundreds of companies emerging every day and hundreds being established, it is still Samsung, which is standing tall as its leader. It all is rooted in South Korea, and it took birth in 1938. The Korean multinational company has its headquarters in the Samsung Town of Seoul. In this present competition scenario, Samsung stands at the 8th major with global brand value. Before knowing some surprising facts about Samsung, let's have a look at its highlights.
However, it is famous for its quality smartphones and other electronic accessories. But a few are present in the whole population who have the idea of the fun and interesting facts about Samsung. Hence, it follows:
Samsung was never about electronics
Samsung is a Self-Dependent company
Samsung has a record of Employees
What Samsung meant?
Samsung Love for South Korea
Samsung's The first CDMA Phone
Samsung rejected Android OS
Samsung story behind it's logo
Samsung has it's own Font
Samsung supplies products to rivals
Samsung made Fighter jet for South Korea
Samsung to make a self-driving car
Samsung recalled millions of Smartphones
Samsung's Best-selling Smartphone
Samsung's first QLED TV
Conclusion
FAQs
Now let's discuss these points in detail.
Samsung was never about electronics
In the initial days of the establishment, Samsung sold noodles and other associated products. As noodles are a traditional food in Korea, it all started from noodle production. But it was later in the 1970s when the second thought buzzed in. In the year 1970, Samsung produced its first electrical product, which was eventually a 12-inch of black and white TV. Hence, then only, following the steps, the production of electronics started.
Samsung is a Self-Dependent company
While other electrical companies depend on other brands and companies for the accessories and supporting products. It is Samsung which is very focused on creating the most possible equipment in-house. Therefore, working tirelessly on fulfilling this aim, in the present time, Samsung produces almost 90% of its goods. It all gets made in the Samsung factory and other brands also sometimes buy it from Samsung.
Samsung has a record of Employees
As we know, Samsung is a worldwide company, so Samsung has its manufacturing and sales branches covering all the world. Hence, to team up well and for proper functioning, Samsung employs a huge 4,89,000 employers in over 79 countries. And this number is a record itself. No other brand has this number of employees working all around the world.
What Samsung meant?
Every brand has its backstory. And the backstories are really interesting. Similarly, the name ‘Samsung’ originated from a Korean word. In Korea, the word Samsung means a set of 3 stars or ‘Tri-Star’. Defining the meaning of the 3 stars, the company explained, it means Powerful, Big, and Gigantic. And, hopefully, they try every time to prove this in their every product.
Shubham Kumar
Samsung Love for South Korea
The relation between Samsung and South Korea is considered very strong and helpful. It is not only like the company originated from South Korea, but it has also been fruitful to the country. The country has gained almost 17 to 20 percent of the whole GDP, alone from this company only. Samsung is the number one company, which earns revenue for South Korea. Hence, the company has been a Gospel of Mammon for the country.
Samsung's The first CDMA Phone
In this modern civilized society, high-speed networks like 4G and 5G are the only ones ruling all over. While back in the 90s, CDMA technology was the only fastest-growing technology available. And, it was Samsung which was the first company to introduce a phone, featuring CDMA technology. That phone was named as Samsung Stunt SCH-100 and it was successful all the way. This phone was introduced in 1996.
Samsung rejected Android OS
Everyone is concerned that; it is Google that owns the android at the moment. But back in the year 2004, when Android developers were a startup, they pitched the idea to the Samsung company. But at that time, Samsung didn’t like the idea and rejected it. But the android developers met google after 2 weeks, and google was amused by the idea. Hence google acquired it and launched it in 2005. Hence, it might be Samsung who would have owned and dominated the smartphone business, if they would have not rejected it.
Samsung story behind it's logo
When the company was first introduced, it was introduced with a specific logo, back in 1938. But after almost 20 years, the company again reframed its logo and again in the year 1970, for unspecified reasons. And finally, the logo of the Samsung electronics got changed in 1980, which is used till now. But later a new logo was introduced in 1993, which is being used in the other products, like TVs, refrigerators, and smartphones.
Samsung has it's own Font
Not every company has its own fonts to use. Samsung owns its own font and uses it in every device. This font is named Samsung One and was released in the year 2016. One can find this font in every Samsung product. It may be any smartphone or monitor.
Samsung supplies products to rivals
Samsung not only manufactures its goods but also makes products for its rival companies. It might sound a little weird, but it is true. It is believed that Samsung produces RAM, NAND flash, and OLED displays for one of the leading smartphone companies, the iPhone. It’s the reason Samsung earns around 110 dollars per iPhone X production.
Samsung made Fighter jet for South Korea
As said earlier, South Korea owes a lot to Samsung. Likewise, the South Korean air force has a lot of acknowledgments and applause for the company. It is because this electronic giant actually created the first-ever fighter jet for the country which is named KF-16.
Samsung to make a self-driving car
Modernization is a rapid change in society. Samsung also started walking on this step and has initiated the manufacturing of the self-driving car in South Korea. It was in May 2017, when Samsung got the permission to have the trials of this self-driving car.
Samsung recalled millions of Smartphones
Stressing in the quality, Samsung called back almost 2.5 million smartphones of the Note series. This decision was taken keeping an eye on the battery issue and the malfunctions arising in this series. Later it got sorted out.
Samsung's Best-selling Smartphone
It is recorded that the Samsung Galaxy S4 was the most selling smartphone around the world. This smartphone had around 80 million total sales, across the globe. And, this sale was the best android based smartphone sale ever.
Samsung's first QLED TV
Setting another record and benchmark, Samsung was successful in producing the world’s first QLED TV, in February 2017. This had the quality of showing 100 percent volume of color. Ultimately this meant a picture which one can feel almost.
Conclusion
Hence, it is Samsung which was, is, and hopefully will be the one, who would be standing tall in this smartphone business. The true quality and customer support have made this company one of the most successful and the most recommended companies across the globe. It is the innovation and new technology which make this giant more gigantic. And hopefully, they must carry on the same.
FAQs
What is Samsung best known for?
Samsung has specialization in the production of consumer and industry electronics, semiconductors, memory chips, and other appliances.
Is Samsung a Korean company?
Yes, Samsung is a South Korean multinational conglomerate headquartered in Seoul.
How many employees does Samsung company have?
Samsung has around 489000 employees.
Author: Sushree Sangeeta Behera
Source : https://startuptalky.com/samsung-interesting-facts/
Date : 2021-07-30T12:31:20.000Z
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