1999 - 1997

Advancing
the Digital Frontier

Despite the 1997 financial crisis that affected nearly all Korean businesses, Samsung was one of a few companies that continued growing, thanks to its leadership in digital and network technologies and its steady concentration on electronics, finances, and related services.

1999

  • Samsung Aerospace (known today as Samsung Techwin), Daewoo Heavy Industries, and Hyundai Space and Aircraft formed a single business entity, Korea Aerospace Industries
  • Samsung Electronics became first in the world to mass-produce and offered a full line up of digital TVs
  • Samsung Electronics developed the world's first 3D TFT-LCD Monitor
  • Samsung Electronics developed wireless Internet phone (Smartphone), a small, multi-function phone

1998

  • Samsung Electronics achieved top share of world’s TFT-LCD market
  • Samsung Electronics began mass production of the world’s first digital TV
  • Samsung Electronics completed development of completely flat-screen TV
  • Samsung served as Olympic Partner at Nagano Winter Olympics
  • Samsung Electronics developed world’s first 128MB Synchronous DRAM and 128MB Flash memory

1997

  • Samsung Electronics became a Worldwide Olympic Partner (TOP) in the wireless communications category
  • Samsung Electronics signed contract to become an Olympic Partner in wireless equipment category for Nagano Winter Olympics
  • Samsung Electronics developed world’s lightest PCS (105g)
  • Samsung Electronics developed world’s largest TFT-LCD (30)
  • Samsung Electronics completed development of world’s first 30" TFT-LCD
  • Samsung Electronics announced 2nd phase of "New Management"
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