Visit RT for the latest news and updates on Samsung. It’s a South Korean multinational conglomerate headquartered in Samsung Town, Seoul. Don’t miss all the news on recent technological developments in Korea. Samsung was established by Lee Byung-chul in 1938, and has developed from a trading company to a company specializing in electronics since the 1960s – and construction and shipbuilding since the 1970s. Get the news and information on the company’s history and background on RT.com. Today, Samsung is best known for its electronic products, and its income largely relies on mobile phone production. Check out breaking news on the development of Samsung mobile phones and other products from the company.