Samsung is the “new kid on the block” in business equipment industry and Steelhead’s newest brand partner. We love the features, speed and price point of their multi-function devices which makes Samsung a great complement to our Toshiba and Muratec lines. We’re excited to move forward with Samsung.
Samsung means “three stars” in Korean. Samsung, the company, started in 1938 in Seoul as a small trading company with 40 employees. Through the 1930’s to 1960’s Samsung was involved in varied industries from a sugar refinery to insurance to department stores. In the early 1970’s Samsung entered the mass communication industry by launching a radio and television station.
Samsung Electronics produced its first product in the 1980’s, a black-and-white television set, and very quickly expanded to become a global leader in the telecommunications and electronics industry. Samsung sold ten of its subsidiaries in 1993 to concentrate on three industries: electronics, engineering, and chemical.
Buyers Laboratories Inc. has been stacking up awards for Samsung as the “Pick of the Year” printer-based Multi-Function Devices. The company is rising on the Global Fortune 500 list and is ranked 13th in 2016.