Friday, 16 October 2015

How Samsung Grew Into One Of The Largest Companies on Earth

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The Burj Khalifa in Dubai is the tallest structure ever constructed. Guess who built it? And guess who built Taipei 101, tallest building ever before it was dwarfed by the gargantuan Burj Khalifa? And the Petronas Twin Towers in Kuala Lumpur, tallest building ever before that? It's Samsung.

Lee Byung-chul founded Samsung in 1938 as a trading company dealing in local groceries (photo above). It produced noodles before expanding into sugar and, later, wool. It had 40 employees. Today it has 500 000.

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