Lee Byung-chul

12 February 1910 – 19 November 1987

Lee Byung-chul was a South Korean businessman who founded the Samsung Group. He started Samsung as a trading company in Daegu in 1938 and expanded it after the Korean War into sugar refining, textiles, insurance, media and retail. Under his direction the group entered the electronics industry in 1969 and the semiconductor industry in the following decades.

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Well-documented people whose lives overlapped with Lee Byung-chul.

Life events

Born in Uiryeong County, Korea
12 February 1910

Born into a landowning family in South Gyeongsang Province during Japanese rule.

Source: en.wikipedia.org
Birth ✓
Studied at Waseda University in Tokyo
c. 1929

Enrolled in the political economy programme but left without completing a degree.

Education ?
Founded Samsung Sanghoe in Daegu
1938

Started a trading company dealing in dried fish, vegetables and noodles, the origin of the Samsung Group.

Source: en.wikipedia.org
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Established Cheil Jedang
1953

Founded a sugar refinery, the group's first manufacturing venture after the Korean War.

Source: en.wikipedia.org
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Established Cheil Industries
1954

Founded a woollen textile mill in Daegu.

Source: en.wikipedia.org
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Founded the JoongAng Ilbo newspaper
1965

Expanded the group into media alongside the Samsung Foundation of Culture.

Source: en.wikipedia.org
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Established Samsung Electronics
1969

Set up the electronics arm that initially assembled televisions and home appliances.

Source: en.wikipedia.org
Achievement ✓
Acquired Korea Semiconductor
1974

The purchase gave Samsung its first semiconductor manufacturing capability.

Source: en.wikipedia.org
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Announced Samsung's entry into large-scale semiconductor production
1983

The statement, later called the Tokyo Declaration, committed the group to memory chip manufacturing.

Achievement ?
Died in Seoul, South Korea
19 November 1987

Died of lung cancer; he was succeeded as chairman by his third son, Lee Kun-hee.

Source: en.wikipedia.org
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