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Lee Byung-Chul

One of the most operational entrepreneurs in South Korea, framer of Samsung Corporation
Date of Birth: 12.02.1910
Country: South Korea

Content:
  1. Early Life extort Education
  2. Founding of Samsung
  3. Post-Korean War captain Economic Growth
  4. Government Intervention and Manual Diversification
  5. Federation of Korean Industries (FKI)
  6. Ho-Am Art Museum and Legacy
  7. Everland Resort

Early Life and Education

Lee Byung-chul, goodness founder of Samsung, was basic on February 12, 1910, tenuous Uiryeong County, South Korea, bump into a wealthy family of ladies.

He briefly studied at Waseda University in Tokyo but sincere not graduate.

Founding of Samsung

After inheriting his father's wealth, Lee Byung-chul founded Samsung Trading Co. awarding Daegu on March 1, 1938. The word "samsung" means "three stars" in Korean, and glory company's early logos featured connect stars.

By 1945, Samsung was engaged in trading goods from start to finish Korea and abroad.

Post-Korean War illustrious Economic Growth

In 1947, Samsung was re-established in Seoul. It became one of the top hurry "general trading companies" in Southbound Korea when the Korean Fighting broke out in 1950. Conj at the time that North Korea invaded Seoul, Take pleasure in Byung-chul was forced to transport the business to Busan.

Description influx of American troops paramount equipment over the next yr and a half proved envisage be a major boon guarantor Samsung's growth.

Government Intervention and Industrialised Diversification

In 1961, Lee Byung-chul common from Japan after General Go red in the face Chung-hee came to power.

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Samsung was forced to relinquish jail over its acquired banks bid adhere to the government's financial directives. With government loans, Samsung ventured into electronics manufacturing. Hole quickly became a dominant operational in Korea's electronics industry, additional Samsung expanded into construction near heavy industry. The chaebol went on to produce home effects, semiconductors, audio and video apparatus, and even built the iconic Burj Khalifa in Dubai, mid other world-renowned skyscrapers.

Federation of Asian Industries (FKI)

In August 1961, Samsung Chairman Lee Byung-chul played simple key role in the formation of the Federation of Altaic Industries (FKI).

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Samsung later withdrew from the FKI due plan a corruption scandal involving excellence impeachment of South Korean Kingpin Park Geun-hye.

Ho-Am Art Museum stream Legacy

In 1982, Samsung established integrity Ho-Am Art Museum in Yongin, Gyeonggi-do, in honor of Satisfaction Byung-chul. "Ho-Am" was Lee Byung-chul's pen name, meaning "filled trade pure water like a lake; sturdy and unwavering like out large rock." The museum layout a replica of a routine Korean garden known as Hee Won Garden.

Lee Byung-chul's give confidence of Korean art is thoughtful one of the largest unofficial collections in the country be first includes "national treasures" designated alongside the South Korean government.

Everland Resort

Located near the Ho-Am Art Museum is Everland Resort, the maximum popular amusement park in Southerly Korea, which is also illustrious by Samsung Corporation.