Samsung Complex_Kangnam Seoul Korea
The Samsung Group (Korean: 삼성그룹) is a multinational conglomerate corporation headquartered in Samsung Town, Seoul, South Korea. It is South Korea’s largest chaebol and the world’s largest conglomerate by earnings[three][four] with an annual earnings of US $173.four billion in 2008.[two] The indicating of the Korean hanja term Samsung (三星) is “tristar” or “three stars”.
The Samsung Group is composed of various worldwide affiliated organizations, most of them united beneath the Samsung manufacturer including Samsung Electronics, the world’s largest electronics enterprise by revenue.[six] Samsung Large Industries, the world’s 2nd largest shipbuilder,[seven] Samsung Engineering was ranked thirty fifth, Samsung C&T 72nd in a 2009 rating of 225 world-wide development firms compiled by the Engineering Information-Record, a U.S. development journal,[eight] Samsung Existence Insurance was ranked at 14th in a 2009 rating of Fortune Global 500 Industries,[nine] Samsung Everland, South Korea’s first concept park opened in 1976 as Yongin Farmland. It is now the fifth most well known concept park in the earth, beating out Epcot, Disney MGM and Disney’s Animal Kingdom.[ten] and Shilla Resort, a subsidiary of the Samsung Group, the Shilla Seoul, has been ranked #58 amid the “2009 World’s Ideal Prime 100 Lodges” in the annual reader survey executed by the prestigious worldwide small business journal, Institutional Investor.
Samsung Group accounts for additional than 20% of South Korea’s overall exports, and in lots of domestic industries, Samsung Group is the sole monopoly dominating a one current market, its earnings as large as some countries’ overall GDP. In 2006, Samsung Group would have been the thirty fifth largest economy in the earth if ranked, much larger than that of Argentina.[thirteen] The enterprise has a effective affect on the country’s economic improvement, politics, media and lifestyle, getting a key driving pressure driving the Miracle on the Han River lots of organizations right now use its worldwide good results as a job model.