History of Samsung Electronics (4): Innovation and efficiency combine for record-beating production and export boom! (1977~1978)
Establishment of SEA
Samsung Electronics America (SEA) was established in July, 1978. A wholly-owned subsidiary of electronics giant Samsung Electronics, SEA increased the global awareness of the Samsung brand and established their own service system.
Overall exports reached 100 million dollars
Samsung Electronics reached the landmark production of 5 million TVs in December, 1978. Before reaching this astonishing figure, in May of the same year Samsung had already expanded their Black and White TV lines to become the number one manufacturer in the world. Samsung’s great innovations in technology and cost reduction allowed them to achieve this impressive feat.
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
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