Byung-Chull Lee Businessperson

Lee Byung-chull (February 12, 1910 in Uiryeong, Gyeongsangnam-do, – November 19, 1987 in Seoul) was the founder of the Samsung Group and one of South Korea's most successful businessmen. With the breakup of the Hyundai chaebol, Samsung is now South Korea's largest business group He was the son of a wealthy landowning family (a branch of the Gyeongju Lee clan). He attended college at Waseda University in Tokyo, but he did not complete his degree. Upon the early death of his father, he used his inheritance to open a rice mill in his home town of Kyungnam. That endeavor was not especially successful so he established a trucking business in Daegu on March 1, 1938, which he named Samsung Trading Co, the forerunner to Samsung. Samsung means "Three Stars" which explains the initial corporate logos. Despite problems caused by Japan's rule over Korea, by 1945 Samsung was transporting goods throughout Korea and to other countries. The company was based in Seoul by 1947. It was one of the ten largest "trading companies" when the Korean War started in 1950. With the conquest of Seoul by the North Korean army, Lee was forced to relocate his business to Pusan. The massive influx of U.S.

Personal details

Date of birth
February 12th, 1910
Nationality
South Korea
Date of death
November 19th, 1987 at age of 77
Place of death
Seoul, South Korea
Ethnicity
Korean

Family

Children

Education

1. Waseda University Colleges/University

Waseda University (早稲田大学, Waseda Daigaku), abbreviated as Sōdai (早大), is a private university located in the northern part of Shinjuku, Tokyo, Japan. It is one of the most prestigious universities in Japan and Asia.

Type Private university
Institution colors
Founded
1882
Headquarters
1-104, Totsuka-machi, 169-8050 - Shinjuku, Tokyo
Undergraduates
2013. 44,295
2011. 43,611
Postgraduates
2013. 9,281
2011. 9,580
Acceptance rate
2013. 16.0 %
Local tuition
2013. 1.06 mil. ¥
2011. 1.03 mil. ¥
Official web page www.waseda.jp
Wikipedia article

Institution social analysis

Notable alumni by career
Notable alumni by gender

People attended Waseda University connected by profession and/or age

b. 1934., Businessperson
b. 1905., Scriptwriter
b. 1911., Writer
b. 1913., Novelist
b. 1912., Author
b. 1908., Swimmer
b. 1912., Author
b. 1910., Film Director

Organizations founded

1. Samsung C&T Corporation

Construction

Date funded

1938

Official web page

Lidership history

2010- Chief Executive Officer
2010- Vice Chair

Headquarters

1321-20 Seocho 2-dong, 137-956 - Seocho District, Seoul

Wikiedia article

Samsung C&T Corporation, established in 1938, is the original company of the Samsung Group and currently consists of the Engineering & Construction Group and the Trading & Investment Group. The company was renamed from Samsung Corporation to Samsung C&T Corporation in 2007. The Samsung Group is South Korea’s largest conglomerate with interests in construction, electronics, chemicals, finance and numerous other fields.

2. Samsung Group

Conglomerate

Date funded

1938

Official web page

Lidership history

2010- Chairman
1987-2008 Chairman

Headquarters

129 Samsung-ro, 443-742 - Suwon, Gyeonggi Province

Wikiedia article

Samsung Group is a South Korean multinational conglomerate company headquartered in Samsung Town, Seoul. It comprises numerous subsidiaries and affiliated businesses, most of them united under the Samsung brand, and is the largest South Korean chaebol. Samsung was founded by Lee Byung-chul in 1938 as a trading company. Over the next three decades the group diversified into areas including food processing, textiles, insurance, securities and retail. Samsung entered the electronics industry in the late 1960s and the construction and shipbuilding industries in the mid-1970s; these areas would drive its subsequent growth. Following Lee's death in 1987, Samsung was separated into four business groups – Samsung Group, Shinsegae Group, CJ Group and Hansol Group. Since the 1990s Samsung has increasingly globalized its activities, and electronics, particularly mobile phones and semiconductors, have become its most important source of income. Notable Samsung industrial subsidiaries include Samsung Electronics, Samsung Heavy Industries, and Samsung Engineering and Samsung C&T. Other notable subsidiaries include Samsung Life Insurance, Samsung Everland, Samsung Techwin and Cheil Worldwide.

3. Samsung Electronics

Telecommunications, Telephone and Telegraph Apparatus, Home appliance, Semiconductor and Other Electronic Component Manufacturing, Consumer electronics, Telephone Apparatus Manufacturing, Electronic Components, NEC, Audio and Video Equipment Manufacturing

Date funded

January 13th, 1969

Official web page

Lidership history

Boo-Keun Yoon
2013- Chief Executive Officer
Jong-Kyun Shin
2013- Chief Executive Officer
Kwon Oh Hyun
2012- Chief Executive Officer
Lee Jae-yong
- Vice Chair
- Chairman

Social media

Headquarters

416, Maetan 3-Dong, Yeongtong-Gu, 443-742 - Suwon, Gyeonggi Province

Wikiedia article

Samsung Electronics Co., Ltd. is a South Korean multinational electronics company headquartered in Suwon, South Korea. It is the flagship subsidiary of the Samsung Group, amounting to 70% of the group's revenue in 2012, and has been the world's largest information technology company by revenues since 2009. Samsung Electronics has assembly plants and sales networks in 80 countries and employs around 370,000 people. Since 2012, the CEO is Kwon Oh-Hyun. Samsung has long been a major manufacturer of electronic components such as lithium-ion batteries, semiconductors, chips, flash memory and hard drive devices for clients such as Apple, Sony, HTC and Nokia. In recent years, the company has diversified into consumer electronics. It is the world's largest manufacturer of mobile phones and smartphones fueled by the popularity of its Samsung Galaxy line of devices. The company is also a major vendor of tablet computers, particularly its Android-powered Samsung Galaxy Tab collection, and is generally regarded as pioneering the phablet market through the Samsung Galaxy Note family of devices.

4. Cheil Industries

Business Operation

Date funded

September 15th, 1954

Official web page

Wikiedia article

Cheil Industries is an affiliate of the Samsung Group. Since its establishment in 1954, Cheil Industries has been a Korean textile firm. Since the 1980s, the company has expanded its business areas into fashion, chemicals and electronic chemical materials[ECM]. In October 2014, Cheil Industries submitted plans for an Initial Public Offering, with around $1.41 billion in shares planned for listing on the South Korea Stock Exchange.

Wikipedia

Check Byung-Chull Lee on wikipedia.

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