History of Samsung (9): Restructuring the Company to Clarify Its Purpose: 1988-1989

on June 13, 2012
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Restructuring its organizations (Home appliances, telecommunications, semiconductor, computer businesses)

During November and December 1988, Samsung reorganized its businesses into four core business lines:  home appliances, telecommunications, semiconductors, and computer business.   The purpose of this reorganization was Samsung’s challenge to itself to restructure its old businesses and enter new ones with the aim of becoming one of the world’s top five electronics companies.
During 1989, Samsung recognized the importance of the electronics division and moved quickly to make it the centerpiece of the Samsung Group. To that end, Samsung consolidated many of the Group’s divisions and eliminated some fringe operations.
Finally, during 1990, Samsung solidified its 4 core business lines into 4 different divisions and established a unique management system for each division.

 

 

Establishment of JungLip Electronics

Samsung Electronics established JungLip Electronics on July 20th, 1989. JungLip Electronics is a non-profit, mid-sized company employing disabled people.

 

 

Samsung Semiconductor Quality College Established

Since 1987, Samsung Electronics was running Samsung’s Graduate School of Business (GSB) which enabled employees to complete an MBA program. In 1990, Samsung Electronics established Samsung Electronics in-company undergraduate program. At GiHeung campus, Samsung established a 2 ½ year undergraduate semiconductor program. By September 1992, Samsung had also established a graduate school for semiconductor technology as well.
The in-company college provides a practical means of achieving the Company’s management objective, acts as a catalyst for change, and constructs the foundation on which all executives and employees may contribute to improving the quality mindset and practical quality control capabilities.

 

 

Establishment of ULSI (Ultra Large Scale Integration) laboratory
  
In November 1989, Samsung established ULSI (Ultra Large Scale Integration) laboratory. ULSI laboratory was the perfect competitive laboratory for developing 16 Mega D RRAM and 265Mega D RAM semiconductors. Later, through projects with ULSI laboratory, Samsung obtained excellent results in semiconductor development.

Tune in for our next installment – Samsung Electronics’ successful development of the double decker VCR and a signed contract which established a VCR Company in China.

 

*The History of Samsung Electronics

(1) Paving a New Path 1968~1970

(2) Diversification and Expansion 1971~1974

(3) Meeting Demands for Energy Efficiency 1975~1976

(4) Innovation and efficiency combine for record-beating production and export boom! (1977~1978)

(5) Suwon R&D Center Expands Knowledge Base: Samsung Semiconductor Expands Production Base 1979~1980

(6) History of Samsung (6): Entering the Global marketplace 1981~1983

(7) Semiconductor Breakthroughs and High-Profile Sponsoring 1984-1985

(8) RAM Grows as Tape Recorders Shrink, Awards Pile Up: 1986-87 

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*The History of Samsung Electronics

 

(6) History of Samsung (6): Entering the Global marketplace 1981~1983

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