History

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Samsung's History

From its inception as a small export business in Taegu, Korea, Samsung has grown to become one of the world's leading electronics companies, specialising in digital appliances and media, semiconductors, memory, and system integration. Today Samsung's innovative and top quality products and processes are world recognised. This timeline captures the major milestones in Samsung's history, showing how the company expanded its product lines and reach, grew its revenue and market share, and has followed its mission of making life better for consumers around the world.

1990-1993 Competing in a Changing Tech World

The early 1990s presented tremendous challenges for high-tech businesses.

Mergers, coalitions, and buy-outs were common while competition and consolidation flourished. Companies were pressed to rethink their technology and services offerings. Business began to flow across borders between countries and companies. Samsung made the most of these opportunities by refocusing its business strategy to better respond to market demands.

1990-1993 Competing in a Changing Tech World
1993
  • Samsung Advanced Institute of Technology (SAIT) developed first-ever digital video disk recorder (DVD-R)
  • Samsung Electronics acquired U.S. firm HMS
1992
  • Developed mobile phone system
  • Development of 250MB hard disc drive completed
  • Development of world's first 64M DRAM completed
  • Acquired Kukje Securities Co., today known as Samsung Securities Co., Ltd.
  • 10 millionth industrial robot produced
  • Began manufacturing in China
  • World's first 64M DRAM completed
1991
  • Samsung supported installation of Korean Pavilion at the Royal Museum of England
  • Development of mobile phone handset completed

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