Samsung Electronics Commemorates Its 50th Anniversary

Executive team shares message for employees sets sight on becoming a Centennial company

JOHANNESBURG, South Africa – 1 November 2019 – Samsung Electronics today marked the 50th anniversary of its founding, with an event at Samsung Digital City, the Company’s headquarters in Suwon.

More than 400 employees were present to commemorate the milestone, together with the Company’s executive team including Kinam Kim, Vice Chairman & CEO of Device Solutions (DS) Division, Hyunsuk Kim, President & CEO of Consumer Electronics (CE) Division, Dongjin Koh, President & CEO of IT & Mobile Communications (IM) Division.

Cambridge Mokanyane Chief Marketing Officer at Samsung South Africa, says, “We at Samsung are looking forward to continuous innovation, enhancing people’s lives through technology that intuitively know what our users want and need, and to giving back. It’s been an exciting 50 years and the next will be even more so.”

Vice-Chairman Jay Y. Lee, through a video message, extended his gratitude to all Samsung employees for their dedication over the past 50 years and emphasized the Company’s commitment to build upon its legacy and become a Centennial company.

“The past 50 years were only possible thanks to the dedication and hard work of each and every one of you,” said Vice Chairman Lee. “Looking to the next 50 years, let’s free our imaginations and dream of an extraordinary future.”

Underscoring Samsung’s pledge to contribute to the global society through innovative technologies, Vice Chairman Lee said, “Applying our new technologies, let’s build a healthier and happier future. By sharing and growing together we will become the very best in the world.”

Executives and Employees Look Forward to Building a Worthy Legacy

At the anniversary event, executives and employees marked the achievements over the past half-century and pledged to embark on a new journey toward a leading Centennial company.

Kinam Kim, Vice Chairman & CEO of DS Division, shared three key goals towards Samsung’s continued growth in the next chapter of the Company’s life.

“Unpredictable change, driven by material shifts in demographics and consumer behaviour, will be a hallmark of the next era of the technology industry,” he noted. “So to ensure our survival in the new era, we must pursue relentless self-innovation. We must never cease to learn, be bold and fearless in our pursuits and execute thoroughly when undertaking all our tasks.”

The second goal reflects the Company’s philosophy of always putting the customer at the heart of its business. “By staying ahead of their needs and expectations and by finding ways to thrive in evolving markets, we can continue to ensure that customers are at the centre of our business,” stressed Vice-Chairman Kim.

Finally, “Let us all work together to help Samsung continue to evolve into a company that contributes to a better world and stay a respected and beloved company for future generations,” he said. “I ask that all of us not forget our responsibilities as good corporate citizens in the journey.”

Samsung executives and workers around the world have been engaging in volunteer work in recent weeks to give back to their communities, in a more meaningful way to mark the Company’s anniversary and show appreciation. The activities include donation campaigns and education projects for young students.