The Samsung Group is an outstanding South Korean Multinational Company having its headquarters at Samsung Town, Seoul. It is one of the finest examples of business motivation and commercial success that blends with human aspirations, human emotions and the cultural-cum educational aspects of the society in general.
This “Group” has a wide range of subsidiaries like Samsung Electronics, Samsung Heavy industries, Samsung Engineering and Samsung C & T. One fifth of South Korea’s exports are accounted for by Samsung and its revenues exceed the GDP of several countries. It is the driving force behind the “miracle on the Han River” which refers to the tremendous economic growth rate of South Korea leading to its economic prosperity. This company was founded in the year 1938 by Lee Byung-Chull. Lee Kun-hee is the current President and the CEO of the Samsung Group while Lee Soo-bin is the president(and CEO) of Samsung Life Insurance. The Samsung Group covers a wide range of diversified products and services ranging from Electronics and Engineering commodities to services like advertisement and insurances.