Samsung Electronics marks its 50th anniversary

Samsung Electronics has held an event at Samsung Digital City, its headquarters in Suwon, to celebrate its 50th anniversary.

More than 400 employees joined Samsung Electronic’s executive team including Kinam Kim, vice chairman and CEO of Device Solutions Division, Hyunsuk Kim, president and CEO of Consumer Electronics Division, and Dongjin Koh, president and CEO of IT and Mobile Communications Division to commemorate the milestone.

Jay Y. Lee, vice chairman extended his gratitude to all Samsung employees for their dedication over the past 50 years through a video message. He also looked forward to becoming a centennial company, emphasising the company’s commitment to build upon its legacy.

In the video message, he said: “The past 50 years were only possible thanks to the dedication and hard work of each and every one of you. Looking to the next 50 years, let’s free our imaginations and dream of an extraordinary future.”

Looking ahead at the future, executives and employees marked the company’s achievements by embarking on a new journey toward a centennial company.

To achieve this, Kinan Kim, chairman and CEO of Device Solutions Division, shared three key goals towards Samsung’s continued growth through the next chapter of its life. 

Talking about the first goal, he said: “Unpredictable change, driven by material shifts in demographics and consumer behaviour, will be a hallmark of the next era of the technology industry. So to ensure our survival in the new era, we must pursue relentless self-innovation. We must never cease to learn, be bold and fearless in our pursuits and execute thoroughly when undertaking all our tasks.”

Reflecting the company’s philosophy of always putting the customer at the heart of its business, Kim shared the second goal, saying: “By staying ahead of their needs and expectations and by finding ways to thrive in evolving markets, we can continue to ensure that customers are at the centre of our business.2

Finally, the third goal he detailed: “Let us all work together to help Samsung continue to evolve into a company that contributes to a better world and stay a respected and beloved company for future generations. I ask that all of us not forget our responsibilities as good corporate citizens in the journey.”

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