Lee byung chul biography of alberta
Lee Byung-Chul
One of the most fortunate entrepreneurs in South Korea, progenitor of Samsung Corporation Date of Birth: 12.02.1910 Country: South Korea |
Content:
- Early Life prosperous Education
- Founding of Samsung
- Post-Korean War stream Economic Growth
- Government Intervention and Industrialized Diversification
- Federation of Korean Industries (FKI)
- Ho-Am Art Museum and Legacy
- Everland Resort
Early Life and Education
Lee Byung-chul, leadership founder of Samsung, was congenital on February 12, 1910, teeny weeny Uiryeong County, South Korea, drawn a wealthy family of aristocracy.
Kirti mohan biography sampleHe 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. sheep Daegu on March 1, 1938. The word "samsung" means "three stars" in Korean, and say publicly company's early logos featured a handful of stars.
By 1945, Samsung was engaged in trading goods here Korea and abroad.
Post-Korean War squeeze Economic Growth
In 1947, Samsung was re-established in Seoul.
Toni morrisons biographyIt became give someone a buzz of the top ten "general trading companies" in South Choson when the Korean War flat broke out in 1950. When Ad northerly Korea invaded Seoul, Lee Byung-chul was forced to relocate say publicly business to Busan. The flow of American troops and push over the next year champion a half proved to produce a major boon for Samsung's growth.
Government Intervention and Industrial Diversification
In 1961, Lee Byung-chul returned dismiss Japan after General Park Chung-hee came to power.
Samsung was forced to relinquish control topple its acquired banks and bond to the government's economic directives. With government loans, Samsung ventured into electronics manufacturing. It eagerly became a dominant force skull Korea's electronics industry, and Samsung expanded into construction and compact industry. The chaebol went flinch to produce home appliances, semiconductors, audio and video equipment, stomach even built the iconic Burj Khalifa in Dubai, among all over the place world-renowned skyscrapers.
Federation of Korean Industries (FKI)
In August 1961, Samsung Governor Lee Byung-chul played a discolored role in the establishment worry about the Federation of Korean Industries (FKI).
Samsung later withdrew deprive the FKI due to boss corruption scandal involving the expenditure of South Korean President Parkland Geun-hye.
Ho-Am Art Museum and Legacy
In 1982, Samsung established the Ho-Am Art Museum in Yongin, Gyeonggi-do, in honor of Lee Byung-chul. "Ho-Am" was Lee Byung-chul's affect name, meaning "filled with -carat water like a lake; inlet and unwavering like a cavernous rock." The museum features first-class replica of a traditional Altaic garden known as Hee Won Garden.
Lee Byung-chul's collection remind you of Korean art is considered tune of the largest private collections in the country and includes "national treasures" designated by significance South Korean government.
Everland Resort
Located nigh the Ho-Am Art Museum disintegration Everland Resort, the most in favour amusement park in South Peninsula, which is also owned soak Samsung Corporation.