Samsung is synonymous with mobile phones, televisions and other appliances.Since in 1970 its first electronic product, a black and white TV, this South Korean giant has managed to grow to be one of the most important companies worldwide.According to Wikipedia, only its electronic division ranks 19, the first South Korean.But Samsung products go far beyond technology and has unknown businesses outside its borders.
In 2017, the CNN claimed that Samsung was 15% of South Korea's GDP.And analyzing its sharing market, 20% composed of Samsung subsidiary companies.The reason is that the relationship between Samsung and South Korea is narrower than we know.To the point that builds ships, facilities to exploit gas and oil, manage life insurance, build skyscrapers, design fashion, sponsors sports equipment and even owns an attraction park.
Let's see five good examples of how big Samsung is and how it has become a giant not only of electronics but of any product or business that you can imagine with unknown businesses outside the Korean borders.All organized in an amalgam of subsidiary companies that it is not always easy to continue for their sales, acquisitions, mergers and name changes.
Samsung ships?
Samsung Heavy Industries (Samsung Heavy Industries) was the second largest ship manufacturer around the world in 2010.In 2016, he held the number 7, according to benefits.In the top positions, two Chinese companies, a Japanese and three Korean.
Founded in 1974, this Milmillonaria subsidiary of Samsung is not known outside its borders unless you work in the sector or you are interested in the subject.The construction of ships is not that it is a topic that is spoken much except that a large ship collapses the Suez channel.
The fact is that Samsung has a company dedicated to the manufacture of ships with other southern Korea greats such as Hyundai and Daewoo, also known for its electronic products.For its part, Samsung has created more than 1.000 units and has almost 10.000 employees distributed among their shipyards and their two research and development centers.In the shipyards, located in Geoje, it has 3 dry dikes and 5 floating dikes.
Among his latest milestones, at the end of 2020 they finished the first operation test of the Samsung T-8, an autonomous remote control ship.For the rest, they have built merchandise transport ships, recreational cruises and even preteriferous platforms.
You will find more information about this Samsung subsidiary on its official page, available in English.And if you want, you can visit your shipyards in a virtual way.Of course, in Korean.And if you visit Geoje to see Samsung's shipyards, you can stay at the Samsung Hotel Geoje.
Megaconstructions
But among Samsung products and more unknown businesses we not only find gigantic ships. A través de dos de sus filiales, Samsung Engineering y Samsung C&T Corporation, el gigante coreano construye toda clase de edificios e instalaciones que bien podrían aparecer en esos programas de televisión dedicados a megaconstrucciones.
Samsung Engineering was founded in 1970 and may not be well known in Spain or Europe, but in countries such as Saudi Arabia, Arab Emirates, Algeria, India, Thailand or Mexico.Countries in which this company has built facilities for the management and transport of gas and oil as well as for the treatment of air and water, recycling or desalination of water.In 2018 it had more than 5.500 employees.
Actually, what we call Samsung Engineering today was created by the South Korean government under the name of Korea Engineering in 1970.And the Samsung group acquired it in 1978, changing the name in 1991.In his first decades of life he dedicated himself to megaconstructions within Korea.And since 1993 he began receiving contracts in other countries.
Por su parte, Samsung C&T Corporation nace en 1938 para gestionar ventas fuera de las fronteras coreanas.Over time it has become a giant of construction and civil engineering, with more than 17.000 employees and Billonarios benefits.
This company highlights the construction of the Second Tower of the Petronas Torres de Malaysia and Burj Khalifa de Dubai.It has also built airports, tunnels, roads, bridges, sea ports, meters and even energy plants.Under the orders of this company there are two curious businesses that we will talk about later: textile fashion and recreation facilities.
Insurance
In Samsung's products catalog, there are not only tangibles.We also find unknown businesses for many that have to do with other sectors such as insurance.This is dedicated to Samsung's subsidiary called Samsung Life or Samsung Life Insurance.
With more than 6.000 employees, and founded in 1957, last year had benefits of almost 35 billion Wons Surcoreanos.Approximately 259 million euros.It is the most important insurance company in South Korea with more than 12 million customers both in Korea and Japan, Thailand and China.
Life insurance, health insurance, death insurance, retirement insurance, savings insurance or life income, are just some of the products offered by Samsung Life to their customers.
Samsung brand clothes
Among the basic needs of the human being, food and clothing include.Go dresses is important to protect us from weather, among other things.Well, Samsung also has unknown businesses by many in the textile sector.
En la actualidad, Samsung participa en el negocio de la moda a través de su filial Samsung C&T, de la que hemos hablado antes.MANUFACTS MEMBER AND WOMAN CLOTHING, SPORTS CLOTHING AND DIFFERENT STYLES UNDER DIFFERENT BRANDS. Eso sí, antes, Samsung operaba en el sector textil a través de la marca Cheil Industries, que se fusionó con Samsung C&T en 2015.Founded in 1954, it began as a textile company but over time it entered other markets such as chemical and electronic products.
On the official website of the Samsung Fashion Division, available in English, you can check all its brands in the Brand section.You are likely to know any of them, since they operate mainly in Korea, Japan, China and Vietnam.However, they also host New York, Milan and Paris.
An amusement park
Everyone likes to have fun.Samsung knows it.And for that, among its unknown businesses it has an amusement park, a luxury golf course and residential complexes where to rest with everything luxury of services.
Dos son las joyas de la división Resort de Samsung C&T.Samsung products that are actually facilities where you have fun all day.This subsidiary company protects much of Samsung's unknown businesses inside and outside South Korea.And under the name of Resort Group we find two attraction parks: Everland and Caribbean Bay.
Everland is the largest theme park in South Korea.Inaugurated in 1976, it has almost 6 million visitors a year.And among his attractions are his five Russian mountains.In 2018 it was the world number 19 park by number of visitors.
According to its official page, in this park we find festivals throughout the year with special events.For adventurers, 40 attractions for all tastes and ages, beyond the Russian mountains.There are also live shows and a zoo with 2.000 animals of 200 different species.And if you are more of the plant kingdom than the animal, there is also an area with trees, flowers and gardens with 40 years behind.
For its part, Caribbean Bay is an aquatic park with attractions as popular as Mega Storm, a 355 -meter complex where you can reach 50 kilometers per hour.Open in 1996, it has an area of 200 square kilometers.Technically it is part of the Everland complex but has separate entrance.
In addition, Samsung has been present in some way in recreational projects inside and outside South Korea: Seoul, Paris, Berlin, Cairo ... also contributed to the state of the Sangam-Dong Football World Cup.On the other hand, they offer design and construction services of residential complexes and facilities such as hotels, golf courses, commercial complexes, industrial offices and all kinds of facilities that integrate nature as a more element.
Golf is also one of the pillars of the Samsung resort area.According to their official website, they have five great golf clubs, the five in South Korea.Four of them are private and one public.
