How BIG is Samsung? (They Have a Military Department!)
Summary
TLDRThis Cold Fusion video uncovers the astonishing breadth of Samsung's business empire, starting from its humble beginnings in 1938 to becoming a global powerhouse. From electronics to shipbuilding, and even military technology, Samsung's reach is vast and varied. The video highlights Samsung's role as the largest memory chip producer, its dominance in smartphones and televisions, and its lesser-known ventures in construction, finance, and healthcare. It also reveals Samsung's significant contributions to technology and innovation, challenging the common perception of the company as merely a consumer electronics brand.
Takeaways
- π’ Samsung built notable skyscrapers like the Burj Khalifa in Dubai and the Petronas Towers in Malaysia.
- πΊ Samsung started in 1938 as a trading company dealing with groceries and expanded into electronics by the 1960s.
- πΎ Samsung has been the largest producer of memory chips since 1993, supplying chips for the original iPhone and other devices.
- π± Samsung became the world's largest smartphone manufacturer in 2011.
- π The name Samsung means 'three stars' in Korean, symbolizing greatness, power, and eternity.
- πΊ Samsung has been the largest television manufacturer since 2006 and dominates the AMOLED screen market.
- π‘ Samsung invested $4 billion in research and development in 2014 alone.
- π©βπΌ Samsung employs 490,000 people, more than Apple, Google, and Microsoft combined.
- β Samsung Heavy Industries operates the most efficient shipbuilding center in the world, building colossal ships.
- π₯ Samsung donates $100 million annually to its nonprofit Medical Center, consisting of several hospitals and research facilities.
Q & A
What is the significance of the year 1938 in Samsung's history?
-The year 1938 is significant because it marks the founding of Samsung by Lee Byung-chul. It started as a small trading company dealing with local groceries and had 40 employees at the time.
What was Samsung's first product in the electronics industry?
-Samsung's first product in the electronics industry was a 12-inch black and white TV, produced in the late 1960s.
When did Samsung release its first computer?
-Samsung released its first computer in 1983, which was two years ahead of Windows PCs.
What does the name 'Samsung' mean in Korean and what did the founder intend it to represent?
-In Korean, 'Samsung' means 'three stars'. The founder intended it to indicate that the company was big, powerful, and numerous, with the stars also symbolizing eternity.
Why does the Samsung logo have an opening on both ends of the ellipse?
-The opening on both ends of the ellipse in the Samsung logo is intended to illustrate the company's open-mindedness and desire to communicate with the world.
Since when has Samsung Electronics been the largest producer of memory chips?
-Samsung Electronics has been the largest producer of memory chips since 1993.
What is the meaning of the 'S' at the end of the Galaxy S Series in Samsung's product naming?
-The 'S' at the end of the Galaxy S Series stands for 'super smart'.
How much did Samsung invest in the clothing brand FUBU in 1995, and what has been the outcome?
-Samsung invested $2 million into the clothing brand FUBU in 1995. Since then, FUBU has generated $6 billion in sales.
What is the size of Samsung in terms of the number of employees compared to Apple, Google, and Microsoft combined?
-Samsung has 490,000 employees, which is more than the combined number of employees at Apple, Google, and Microsoft.
What is one of the less known businesses that Samsung is involved in, and what products does it produce?
-One of the less known businesses Samsung is involved in is Samsung Techwin, which produces surveillance systems, aeronautics, automations, and weapons technology, including military robots and tanks.
What is the significance of Samsung Heavy Industries in the shipbuilding industry?
-Samsung Heavy Industries has the most efficient shipbuilding center in the world, with a size of over 400 million square feet, and has built some of the largest ships in the industry.
What is the role of the new research lab for drones, robotics, 3D printing, and virtual reality within Samsung?
-The new research lab is part of Samsung's mobile division but operates independently. It will build on the work Samsung has done with its robot vacuum cleaners and contribute to advancements in drones, robotics, 3D printing, and virtual reality.
Outlines
π’ The Rise of Samsung: From Groceries to Global Giant
This paragraph introduces the journey of Samsung from a small trading company dealing in groceries to becoming one of the world's largest and most diverse corporations. Founded by Lee Byung-chul in 1938, Samsung started with producing noodles and expanded into various industries, including insurance, retail, electronics, and more. The paragraph highlights Samsung's first electronic product, a 12-inch black and white TV, and its evolution into a market leader in multiple sectors, such as smartphones, TVs, and home appliances. It also emphasizes the company's versatility and its presence in everyday life through various products, from digital cameras to mobile phone chips.
π Samsung's Diverse Empire: Beyond Electronics
This paragraph delves into the vast business empire of Samsung, which is composed of 80 different businesses and affiliates. It covers Samsung's involvement in various sectors such as engineering and construction, electronics, finance, chemical industry, and even defense. The paragraph reveals Samsung's role as the largest producer of memory chips, the largest smartphone manufacturer, and the largest television manufacturer. It also discusses Samsung's lesser-known ventures, including building skyscrapers, military equipment, and the most efficient shipbuilding center in the world. Additionally, it mentions Samsung's investment in the clothing brand FUBU, its medical research facilities, and its theme park in Korea.
π Samsung's Innovations and Future Endeavors
The final paragraph focuses on Samsung's continuous innovation and expansion into new areas. It discusses the company's investment in research and development, its establishment of a research lab for drones, robotics, 3D printing, and virtual reality, and its entry into the mobile virtual reality market with the Gear VR headset. The paragraph also touches on Samsung's philanthropic efforts, particularly its annual donation to its nonprofit medical center. The summary concludes by reflecting on Samsung's diverse and expansive business operations, which started from a single man's trading company, and invites viewers to subscribe for more content on companies and alternative science and technology news.
Mindmap
Keywords
π‘Burj Khalifa
π‘Petron Towers
π‘Samsung
π‘Diversification
π‘Memory Chips
π‘Smartphone Manufacturer
π‘AMOLED
π‘Research and Development (R&D)
π‘Galaxy S Series
π‘Samsung Techwin
π‘Samsung Heavy Industries
Highlights
The Burj Khalifa in Dubai and the Petron Towers in Malaysia were built by Samsung.
Samsung was founded in 1938 as a trading company dealing with local groceries and had 40 employees.
Samsung's first product in the electronics industry was a 12-inch black and white TV in 1970.
By 1983, Samsung had produced its first computer, which was 2 years ahead of Windows PCs.
Samsung became an international force in various industries in the 1990s with its unique, easily replaceable CPU in the Samsung Note Master.
Samsung is involved in a wide range of products from electronics to home appliances and even clothing.
Since 1993, Samsung Electronics has been the largest producer of memory chips in the world.
The name 'Samsung' in Korean means 'three stars', symbolizing the company's aspirations for greatness and eternity.
Samsung has been the largest television manufacturer since 2006 and dominates the AMOLED screen market.
Samsung spent $4 billion on research and development in 2014 alone.
Samsung has 490,000 employees, more than Apple, Google, and Microsoft combined.
In 1995, Samsung invested $2 million into the clothing brand FUBU, which has since generated $6 billion in sales.
Samsung is made up of 80 different businesses and affiliates, each commercially and legally independent but sharing a single philosophy.
Samsung Techwin is involved in surveillance, aeronautics, automations, and weapons technology, including military robots and tanks.
Samsung Heavy Industries has the most efficient shipbuilding center in the world, building colossal ships.
Samsung operates the biggest theme park in Korea, complete with a zoo and various attractions.
Samsung has a clothing line and a research lab for drones, robotics, 3D printing, and virtual reality as part of its mobile division.
Samsung's Gear VR was the first proper mobile virtual reality headset.
Samsung's diverse business ventures and market leadership in various industries make it a 'dark horse' company.
Transcripts
you are watching cold fan
[Music]
TV welcome to another cold fuson video
too here let me ask you a question who
built this building it's the Burge
Khalifa in Dubai currently the world's
tallest building
okay not quite sure what about this one
these are the Petron Towers two iconic
skyscrapers in Malaysia well as it turns
out Samsung built all of those
skyscrapers sometimes when you look
beneath the surface fact is often
Stranger Than
[Music]
Fiction the year is 1938 and the Western
Financial system was still recovering
from one of the greatest crashes in
history and a second world war was about
to break out it wasn't such a Rosy time
but regardless in this year a lesser
known Man by the name of Lee chal was
about to change the course of history he
founded a little company called Samsung
a trading company that dealt with local
groceries and had 40 employees at the
time the company produced noodles then
expanded into sugar and then wool and by
the late 1950s the company had moved
into Insurance Securities and Retail
in the late 1960s Samsung moved into
electronics and the first ever product
produced by Samsung electronics was
actually a 12-in black and white TV in
1970 by 1983 the first Samsung computer
had arrived this computer was a full 2
years ahead of Windows PCS in the '90s
Samsung began to rise as an
international force in many
Industries is my new computer going to
be outdated in 6 months not with a new
Samsung Note Master its unique CPU can
be easily replaced so you can keep
updating and stop worrying the company
went from strength to strength becoming
Market leaders by learning the trades of
various Industries through persistence
in the end they became one of the most
versatile companies in world
history today many of us use Samsung
products in our daily lives from TVs to
computers to smart watches and digital
cameras to fridges and kitchen wear to
the chips that run our mobile phones to
the actual phones themselves while this
diversity is very impressive for just
one company just how big is Samsung and
what else are they involved in well make
yourself comfortable guys and get ready
to be surprised Samsung is much bigger
than you think in this video we'll take
a look at some of the awesome facts
about the company and then take a look
at its mindboggling size trust me it
gets pretty crazy like most of the stuff
in this Channel this is the stuff you're
not going to see anywhere else on
YouTube let's get into
it number
five since 1993 Samsung Electronics has
been the largest producer of memory
chips in the world in fact the original
iPhone and numerous other devices run on
Samsung manufactured chips in addition
to this in 2011 Samsung became the
world's largest smartphone
manufacturer number four in Korean the
word Samsung means three stars the
founder of Samsung group wanted to
indicate that the company was big
powerful and numerous the Stars also
stood for eternity have a look at this
logo do you notice the opening on both
ends of the ellipse where the letters s
and G are located this is intended to
illustrate the company's open-mindedness
and desire to communicate with the world
number three starting from 2006 Samsung
remained the largest television
manufacturer in the world they are also
the largest man manufacturers of LCD
panels and today 98% of the AMOLED
screen Market is dominated by Samsung
for those of you wondering AMOLED is a
type of screen that doesn't require a
backlight like typical LCD screens
number two the company spent $4 billion
in research and development in just 2014
alone another interesting thing the S at
the end of the Galaxy S Series stands
for super smart number one Samsung has
490,000
employees more employees than Apple
Google and Microsoft
combined
bonus in 1995 Samsung invested $2
million into the clothing brand FUBU
just as they were about to go under FUBU
has generated $6 billion in sales
since okay so those are some quick bite
facts about the company some pretty
interesting stuff but let's go a little
bit deeper down the r hole things get a
lot
crazier so just how big is Samsung well
in terms of money the company made $35
billion in Revenue in
2014 so is that good or not so good we
need a bit of a yard stick here so how
much was Apple's Revenue in
2014 it was actually 183 billion and
what about
Google only 66 billion well that's not
all Samsung is 177% of Korean entire GDP
so the question must be asked how do
they make such ridiculous amounts of
money to dwarf even Google well here's
the secret Samsung is actually made up
of 80 different businesses and
Affiliates these businesses are
commercially and legally independent but
unified by sharing a single
philosophy here are some of them under
the category of engineering and
construction we have Samsung engineering
and construction Samsung trading and
investment and Samsung heavy industry
for electronics we have Samsung
Electronics Samsung electromechanics
Tech win a military arm Samsung mobile
display and Samsung digital imaging to
name a few for finance we have Samsung
life insurance Securities Investment
Trust management Venture investment
there's also a chemical Branch Samsung
petrochemicals Samsung BP chemicals
there's actually plenty of others as
well like a marketing company called
Cheryl Industries Samsung also has a
hotel and resort business a medical
center economic research institute a
foundation of culture a life and Welfare
foundation in a joint venture at Renault
the company also has been making cars
for 20 years and the list goes on and on
and on okay so it's starting to get a
little bit crazy but what are some other
less known things about Samsung and what
else are they doing well you are in for
a treat so we've already mentioned that
Samsung builds skyscrapers but what else
well under Samsung's Branch Samsung Tech
win the company also does surveillance
Aeronautics automations and weapons
technology some of the weapons
technology that Samsung has made
includes a South Korean military robot
designed to replace human counterparts
in the demilitarized zone at the South
and North Korean border and that's not
all Samsung has also made the K9 a
full-fledged army tank and if that
wasn't enough Samsung also makes jet
engines but let's turn things up a notch
as it turns out Samsung heavy Industries
has the most efficient ship building
center in the entire world it is over
400 million sare ft in
size and these are some of the ships
that Samsung have built over the years
as you can see by comparing them to a
regular ship these are absolute Giants
colossal floating cities almost and if
that's not enough Samsung runs the
biggest theme park in Korea complete
with a zoo and various other crazy
things Samsung size is so ridiculous
that this even a Samsung city this city
contains a few of the company's
businesses some other cool things
include their very own clothing line and
a brand new research lab for drones
robotics 3D printing and virtual reality
the cool thing about this lab is it's
actually going to be part of Samsung's
mobile division but it's going to
operate independently and it's going to
build on the work that Samsung has done
through their Robot vacuum cleaners and
let's not forget virtual reality in
general the gear VR was the first Proper
mobile virtual reality headset and I
just got it the other day and I've been
playing around with it and it actually
works pretty
well okay so we're reaching towards the
end of the video so maybe you're
starting to get the picture now that
Samsung does just more than TVs fridges
and phones they do pretty much
everything in all my time of doing
videos I've never come across so many
surprises in my research and I'm not
saying this to be a fanboy or anything
like this it's just a matter of looking
at how many things they do who would
have known that the same company that
dominates the smartphone industry also
makes jet engines and military equipment
builds some of the world's biggest ships
built the world's biggest skyscraper has
a medical research facility a theme park
a finance institution and the list goes
on and on it's said that every year
Samsung donates $100 million to its
nonprofit Medical Center which consists
of several hospitals and medical
research facilities so in conclusion it
would seem that Samsung is the kind of
company that tries their hand at almost
everything and chooses to observe and
iterate until they get better and
eventually become the market leaders in
all honesty it is amazing how much of a
Dark Horse this company is I wouldn't be
surprised if most people out there are
only aware of Samsung Electronics and
their home
appliances it's amazing to think that
all of this just started from one man
with his small Trading Company dealing
in
groceries so if you have a Samsung phone
the next time you look at it it might
just seem a little bit different now
that you know the true size of the
company that made it anyway this has
been to go I want to thank you for
watching and if you want to see any
other cool stuff on different companies
or alternative science and technology
news definitely feel free to subscribe
cheers guys I'll see you again soon for
the next video have a good one wa you
going to say something well okay let me
just finish this you can don't yeah hey
guys toogo here thanks for watching the
hway through the video that was insane
like actually when I was uh researching
the stuff on Samsung and just seeing uh
what they got up to and what the company
really was about and how big they were
that actually surprised me myself so um
this kind of was a video that educated
me and hopefully educated you as well
and if that was the case um let me know
down below if you actually found
something new that you didn't know about
Samsung in that video and um I kind of
wish every company was this big and this
diverse so I could do more videos on
this kind of thing but it just seems
that uh Samsung was just the biggest out
there so that's why I chose this topic
but anyway that's enough of me talking
really just thank you for watching this
video and uh if you liked it give it a
thumbs up don't forget to share it with
someone if you uh reckon they'll get
something out of this and I guess I'll
see you again soon for the next video
thanks for watching guys see you
later cold fusion it's new
thinking
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