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Samsung Group is a South Korean multinational conglomerate headquartered in Samsung Town, Seoul.It comprises numerous affiliated businesses,most of them united under the Samsung brand, and is the largest South Korean chaebol.Samsung was founded by Lee Byung-chul in 1938 as a trading company. Over the next three decades, the group diversified into areas including food processing, textiles, insurance, securities and retail. Samsung entered the electronics industry in the late 1960s and the construction and shipbuilding industries in the mid-1970s; these areas would drive its subsequent growth.
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