Samsung is a South Korean multinational electronics company founded in 1938 by Lee Byung-chul. Initially, it was a small trading company dealing in food, textiles, and other goods. In the late 1960s, Samsung began producing electronics and has since become one of the largest electronics companies in the world, producing products in numerous categories including smartphones, televisions, home appliances, and semiconductors. In the late 1990s, Samsung shifted its focus to the production of smartphones and has since become a major player in the global smartphone market, competing with companies such as Apple and Huawei. Today, Samsung is a leading brand and one of the largest technology companies in the world.