COMPANY INFO
Samsung Group, officially known as Samsung, is a South Korean multinational conglomerate founded in 1938 by Lee Byung-chul. It operates in various industries including electronics, semiconductors, consumer appliances, and construction, employing over 260,000 people worldwide as of 2024, with its official website at samsung.com. Samsung is a global leader in technology innovation, producing a wide range of products from smartphones and TVs to semiconductor components.
Samsung Electronics Co., Ltd., founded in 1938 by Lee Byung-chul, is a South Korean multinational conglomerate recognized as a leading innovator in the electronics, semiconductors, and technology sectors. Operating with over 260,000 employees worldwide as of 2024, Samsung's portfolio spans consumer electronics, appliances, and pivotal technologies such as semiconductor components. Headquartered in Suwon, South Korea, the company maintains a robust global presence and is widely regarded for its transformative role in shaping the modern tech landscape.
As one of the world's largest and most influential technology companies, Samsung Electronics Co., Ltd. follows a unique funding trajectory compared to early-stage startups or pre-IPO tech firms. Rather than traditional venture capital rounds, Samsung's funding strategy primarily involved large-scale grant funding, direct investments from institutional partners, and capital raised through its Initial Public Offering (IPO) in June 2003. While the total amount raised remains undisclosed due to the company's public status, Samsung funding history reflects the involvement of both regional government ministries and international bodies, including the European Union. Over its more than 13 historical rounds, Samsung has secured a strategic mix of investments and grants to support expansive research, growth, and continued global innovation.
Samsung Electronics Co., Ltd. executed its Initial Public Offering (IPO) in June 2003, marking its formal transition to a publicly traded company. The capital raised via public market investors enabled Samsung to expand its R&D capabilities, enhance manufacturing scale, and strengthen its global footprint.
(Note: As a mature conglomerate, most Samsung funding rounds are undisclosed grants, partnerships, and investments rather than standard VC rounds.)
This is the Ministry of Economy of the Slovak Republic, which has supported Samsung through grants and investment incentives, particularly in the context of establishing and expanding manufacturing and R&D centers in Slovakia and Central Europe. Their funding has assisted Samsung in local technology and job creation initiatives.
The European Union has invested in Samsung as part of broader technological and industrial development programs across Europe. Support from the EU typically takes the form of grants and incentives aimed at fostering innovation, research, and ecological manufacturing processes in Samsung's European operations.
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