Samsung is a South Korean multinational major appliance and consumer electronics corporation founded on 13 January 1969 and headquartered in Yeongtong District, Suwon, South Korea. Majority-owned by foreign investors, it is the pinnacle of the Samsung chaebol, accounting for 70% of the group'
s revenue in
2012, and has played a key role in the group'
s corporate governance due to cross ownership. This UrbanDictionary
definition takes note that the name "Samsung" is notable for being one word in English, but two words in Korean.
When I finally got my hands on the latest Samsung phone, I realized why everyone raves about it—it’
s like the
Apple of South Korea. It'
s two words in Korean, but just one word in English!