Samsung Electronics (Samsung) News
South Korean multinational electronics corporation · business · enterprise · public company · organization
Samsung Electronics Co., Ltd. (SEC; stylized as SΛMSUNG; Korean: 삼성전자; RR: Samseong jeonja; lit. 'Tristar Electronics') is a South Korean multinational major appliance and consumer electronics corporation founded in 1969 and headquartered in Yeongtong District, Suwon, South Korea. It is the pinnacle of the Samsung chaebol, accounting for 70% of the group's revenue in 2012, and has played a key role in the group's corporate governance due to cross ownership. It is majority-owned by foreign investors.