Top 42 Samsung Facts
Being one of world’s biggest companies, you can be sure there’s plenty of fascinating Samsung facts. From their most recent innovations and sales data, all the way to controversies, AirBeamTV is here to give you all the Samsung scoop.
Whether you’re doing research on Samsung, are just interested in this tech giant, or just looking for something to scroll through while eating dinner (we’ve all done that!), we’ve got you sorted! Without further ado, let’s delve into 42 fascinating Samsung facts.
Table of contents
Samsung Company Facts
- Samsung is a South Korean multinational conglomerate headquartered in Suwon. (Source: Samsung Newsroom)
- Samsung operates in a variety of industries, including electronics, semiconductors, smartphones, home appliances, and more. (Source: Samsung)
- Samsung begun in 1938 as a grocery, dried fish and noodle trade company in Japan-occupied Korea. It only entered electronic market in late 1960s. (Source: Jon Erlichman & Medium.com)
- In Korean hanja the word Samsung means ‘three stars’, which symbolizes something powerful and everlasting. The Samsung logo featured the three stars up until 1993. (Source: Samsung Newsroom)
- Samsung has one of the largest shipbuilding divisions in the world called Samsung Heavy Industries. In 2023, it is predicted to finally be operating at a profit. (Source: The Korea Economic Daily)
- Samsung used to have a defense and weaponry division called Samsung Techwin. It has been acquired in 2014 by Hanwha Vision and is currently producing video surveillance systems. (Source: Wikipedia)
- Samsung manufactures 90% of its components in-house, only outsourcing peripheral products. (Source: Reuters)
When did Samsung go public?
Samsung Electronics, the flagship subsidiary of the Samsung Group, went public and listed its shares on the Korea Stock Exchange (KRX) in 1975. This initial public offering (IPO) marked the company’s transition from a privately held entity to a publicly traded company. Since then, Samsung Electronics has become one of the largest and most well-known electronics companies globally.
When did Samsung enter the US market?
Samsung entered the US market in the late 1970s. In 1978, Samsung Electronics established a subsidiary called Samsung Electronics America to oversee its operations and business activities in the United States. This move allowed Samsung to expand its presence and compete in the American consumer electronics market. Since then, Samsung has grown to become one of the leading brands in various product categories, including televisions, mobile devices, home appliances, and more, in the United States.
Useful To Know:
Samsung Tech & Innovation Facts
- Samsung was the first company to introduce a smartphone with a curved edge-to-edge display, the Samsung Galaxy Note Edge, in 2014. (Source: Reuters)
- Samsung was the first company to introduce a foldable smartphone, the Samsung Galaxy Fold, in 2019. (Source: Samsung)
- Samsung has its own virtual assistant called Bixby. It’s available on the company’s smartphones, smartwatches, and home appliances. (Source: Samsung)
- Samsung was initially a quantity-focused company. That was the case until 1993 when Chairman Lee Kun Hee piled 150.000 phones and burned them, starting a quality-oriented era for Samsung (Source: Samsung Newsroom)
- Samsung SCH-V200 from 2000 was the very first cell phone to have a built-in camera (Source: Digital Trends)
- With Galaxy S5 released in 2014, Samsung was at the forefront of waterproof and dustproof smartphone technology. With this phone, they managed to merge functional technology while keeping the device aesthetic (Source: Mint)
- While Samsung didn’t invent Smart TVs, the company heavily contributed to popularising this new type of TV around 2011. (Source: Samsung Newsroom)
- Samsung has patented the QLED technology, which uses sheets of light-processing quantum dots. Alongside OLED and QNED TVs, QLED are some of the most innovative televisions out there. (Source: PC Mag)
- The cheapest Samsung Smart TV on Amazon cost 259 USD. (Source: Amazon.com)
Samsung Staff Facts
- Samsung was founded in 1938 by Lee Byung-chul as a trading company. He only finished high school. (Source: WSJ)
- Lee Kun-Hee, the former CEO of the South Korean technology group Samsung, once said: ‘Change everything except your wife and kids.’ (Source: AZ Quotes)
- Samsung has offices in 74 countries. (Source: Statista)
How many employees are working in Samsung?
Samsung has 267,937 employees as of March 2023. (Source: Web Tribunal)
Who has more employees Samsung or Apple?
Samsung has more employees than Apple. The South Korean company employs 267,937 people as of 2023 (Source: Web Tribunal). Apple had 154,000 employees in 2022 (source: MacroTrends.net). That being said, Apple employs around half a million people indirectly in various supply chain operations in the US.
Samsung is a massive multinational conglomerate that operates in various industries, including consumer electronics, semiconductors, telecommunications, and more. The company employs a significant workforce worldwide across its various divisions and subsidiaries.
Samsung Sales & Revenue Facts
- Samsung’s revenue in 2022 was 302.23 trillion KRW (South Korean Wons), which is 226,5 billion USD. (Source: Samsung Newsroom)
- Samsung’s net profit for 2023 was 43.38 trillion KRW, which is 32,5 billion USD. (Source: Samsung Newsroom)
- As of the first quarter of 2023, almost 3 in 10 phones sold were manufactured by Samsung – a 27.14% market share. (Source: bankmycell)
- Since 2010, the year with the most Samsung smartphone sales has been 2013 with 316.4 million units sold. The year with the lowest sales numbers has been 2010 with 22.9 million units sold, which is just a year after Samsung begun its Galaxy line. (Source: bankmycell)
- Samsung dominates the Smart TV market with a massive global sales share of 31.8% (Source: Gitnux)
- Similarly, in 2021, 41.7% of US households have owned a Samsung Smart TV (Source: Gitnux)
Who are the major shareholders of Samsung?
Based on the data available on Samsung’s official website, the major shareholders of Samsung include:
- Samsung Electronics: With a holding of 13,462,673 shares, Samsung Electronics is the largest shareholder of the company, representing approximately 19.58% ownership. As a subsidiary of Samsung Group, Samsung Electronics has a strong relationship with the company and acts as a business partner in purchase and sales.
- National Pension Service of Korea: The National Pension Service of Korea holds 5,495,966 shares, accounting for approximately 7.99% ownership. As a prominent financial investor, the National Pension Service plays a significant role in Samsung’s shareholder structure.
- BlackRock Fund Advisors: BlackRock Fund Advisors holds 3,444,030 shares, which corresponds to approximately 5.01% ownership. As a financial investor, BlackRock Fund Advisors contributes to Samsung’s shareholder base.
Samsung Market Share Facts
- In 2020, Samsung was the world’s largest vendor of smartphones, with a 20.6% market share. (Source: Statista)
- Samsung’s is world’s biggest semiconductor vendor, with a 10.9% market share in 2022. (Source: EE Times & Gartner)
- In 2022, Samsung was the second-largest vendor of smartwatches, with a 10.1% market share. (Source: Counterpoint Research)
- Samsung has been the world’s largest television manufacturer for 17 years, since 2006. (Source: SamMobile)
- In 2022, Samsung had a 19.6% TV market share. This is a slight downgrade from 2021’s 19.8%. (Source: Statista)
- Since the first quarter of 2021, Samsung’s smartphone market share has peaked in Q1 of 2021 with 28.62% and was the lowest in Q4 of 2021 with 27.06%. (Source: bankmycell)
- In 2022, two Samsung smartphones made the list of top 10 bestsellers – Samsung Galaxy A13 at 4th position and Samsung Galaxy A03 at 10th position. (Source: India Times)
- As of 2020, there are 3.8 billion smartphone users globally, 992.4 million were Samsung users. That made it the top 1 smartphone company in the world. (Source: Newzoo)
- Since 2019, Samsung has been continuously taking the biggest slice of the US home appliance market with a 20.5% share in 2021. (Source: HT Times)
Samsung Award Facts
- In 2022, Samsung has been ranked a Global No. 1 TV by a tech research firm Omdia. The Korean tech company has won this award for the 17th time in a row. (Source: Samsung Newsroom)
- In 2022, Samsung won 42 awards at the International Design Excellence Awards. That included two golds: one for The Bespoke U.S. Kitchen Package, an over-microwave-refrigerator-dishwasher combo package, and the second for The Bespoke Jet cordless vacuum cleaner. (Source: Samsung Newsroom)
- Samsung has topped Forbes’ ‘World’s Best Employers 2022’ ranking. It was the company’s 3rd consecutive 1st spot on this ranking. (Source: Forbes)
Samsung Controversy Facts
- Samsung has been involved in several legal disputes, including a patent infringement lawsuit with Apple in 2012. (Source: Reuters)
- Samsung has faced significant challenges in recent years, including the arrest and imprisonment of its vice chairman, Lee Jae-yong, on bribery charges in 2017. Jae-yong has been given presidential pardon in 2022 (Source: BBC)
- Back in 2018, an investigation uncovered that updates for Samsung Galaxy smartphones were designed to deliberately slow the devices down and reduce performance. Following that revelation, Samsung has been fined (Source: Ethical Consumer)
- In 2016, due to a battery flaw, Samsung had to recall Samsung Galaxy Note 7 units. The battery would overheat and, in some cases, explode. The phone has been discontinued on October 10 2016. (Source: Wikipedia)
Samsung Screen Mirroring apps
Screen mirroring from Android to Samsung
Are you an Android user? We have something that will instantly improve your home entertainment – a free-to-try screen mirroring app for Samsung TVs!
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Screen mirroring from iPhone & iPad to Samsung
We also have a free-to-try app for iPhone and iPad users! Now you can stream videos, cast photos and enjoy everything on a large screen from your iOS device!
With Screen Mirroring Samsung TV, all of this and more is within your reach. Don’t wait any longer – give it a try today and unlock a whole new level of entertainment possibilities for your iPhone and Samsung TV.
Screen mirroring from MacBook to Samsung
Finally, you can cast your MacBook screen to your Samsung TV with AirBeamTV! This is the perfect solution for video and film lovers. Easily cast and play video files and movies that are not on streaming.
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We’re hoping you enjoyed these 42 facts about Samsung!