Samsung Electronics Co Ltd - GDR

Samsung is one of the largest and most popular companies in the world. Founded in 1938 by Lee Byung-chul, the South Korean-based firm was originally a trading company, diversifying its range of products and services in the course of time. It is important to understand that Samsung is a conglomerate of several companies. The company that manufactures the popular Galaxy mobile devices is called Samsung Electronics, part of the larger Samsung conglomerate. Samsung Electronics, SMSN.L, went public in 2003 on the Korea Exchange. Several other companies in the Samsung group have also gone public, including Samsung BioLogics in 2016, with a total valuation of almost $2 billion. Samsung Electronics has a poor history of dividend payouts, according to some investors, and has come under fire for favouring shareholders over regular investors. A conglomerate of mammoth proportions, Samsung’s goods and services feature electronics, textiles, securities, retail and heavy industries. Despite its diversified offering, Samsung is still widely known mainly for electronics. The company is one of the largest producers of mobile phones, televisions and memory chips in the world. An interesting side note is the meaning of the name Samsung. In Korean, it means ‘three stars, symbolising the three pillars of the company: big, powerful and numerous.’ Track SMSN.L stock value in your eToro account. Don’t miss any critical updates.