How BIG is Samsung? (They Have a Military Department!)

Summary

This 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

• 🏢 Samsung built notable skyscrapers like the Burj Khalifa in Dubai and the Petronas Towers in Malaysia.
• 📺 Samsung started in 1938 as a trading company dealing with groceries and expanded into electronics by the 1960s.
• 💾 Samsung has been the largest producer of memory chips since 1993, supplying chips for the original iPhone and other devices.
• 📱 Samsung became the world's largest smartphone manufacturer in 2011.
• 🌟 The name Samsung means 'three stars' in Korean, symbolizing greatness, power, and eternity.
• 📺 Samsung has been the largest television manufacturer since 2006 and dominates the AMOLED screen market.
• 💡 Samsung invested $4 billion in research and development in 2014 alone.
• 👩‍💼 Samsung employs 490,000 people, more than Apple, Google, and Microsoft combined.
• ⚓ Samsung Heavy Industries operates the most efficient shipbuilding center in the world, building colossal ships.
• 🏥 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

00:00

🏢 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.

05:01

🌟 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.

10:01

🚀 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.

Keywords

💡Burj Khalifa

The Burj Khalifa is the world's tallest building located in Dubai, UAE. In the script, it is mentioned to illustrate the surprising fact that Samsung has been involved in the construction of such iconic structures, showcasing the company's diverse capabilities beyond electronics.

💡Petron Towers

The Petron Towers are iconic skyscrapers in Malaysia. The script uses them as an example to highlight Samsung's involvement in construction projects, emphasizing the breadth of the company's activities.

💡Samsung

Samsung is a South Korean multinational conglomerate known for its electronics but, as the script explains, it has a vast array of businesses including construction, finance, and even defense. The company's history and evolution form the central theme of the video.

💡Diversification

Diversification refers to the process of a company expanding its business into different areas to reduce risk and increase growth potential. The script describes Samsung's diversification from groceries to electronics, construction, and various other industries, which is key to understanding the company's success.

💡Memory Chips

Memory chips are essential components in electronic devices used for data storage. The script mentions that Samsung Electronics has been the largest producer of memory chips since 1993, indicating its dominance in the semiconductor industry.

💡Smartphone Manufacturer

The term refers to companies that produce smartphones. In 2011, Samsung became the world's largest smartphone manufacturer, as stated in the script, underscoring its significant role in the mobile technology market.

💡AMOLED

AMOLED stands for Active Matrix Organic Light Emitting Diodes, a type of display technology used in devices for vibrant and energy-efficient screens. The script points out that Samsung dominates the AMOLED screen market, highlighting its technological advancements.

💡Research and Development (R&D)

R&D refers to the process of creating new products or services through innovation and experimentation. The script mentions Samsung's investment of $4 billion in R&D in 2014 alone, demonstrating the company's commitment to innovation.

💡Galaxy S Series

The Galaxy S Series is a line of high-end smartphones developed by Samsung. The script explains that the 'S' in the series stands for 'Super Smart,' reflecting Samsung's focus on advanced technology in its mobile devices.

💡Samsung Techwin

Samsung Techwin is the aerospace and defense manufacturing division of Samsung. The script discusses its involvement in creating military technology, such as robots and tanks, showing the company's reach into the defense sector.

💡Samsung Heavy Industries

Samsung Heavy Industries is a part of Samsung that focuses on shipbuilding and other heavy engineering projects. The script highlights its efficiency and the construction of colossal ships, emphasizing Samsung's industrial prowess.

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