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!