Samsung Acquired Hanguk Jeonja Tongsin

Samsung's acquisition of Hanguk Jeonja Tongsin marked a pivotal expansion into the telecommunications hardware sector. Located in Kumi, this company initially focused on manufacturing switchboards, which laid the groundwork for Samsung's future endeavors in telecommunications. Following the acquisition, the facility evolved to produce telephone and fax systems, ultimately becoming a central hub for Samsung's mobile phone manufacturing. This strategic move allowed Samsung to leverage Hanguk Jeonja Tongsin's existing infrastructure and expertise, facilitating rapid growth in the mobile communications market. Over the years, Samsung has produced over 800 million mobile phones, establishing itself as a leader in the global telecommunications industry. The integration of Hanguk Jeonja Tongsin into Samsung Electronics in the 1980s further solidified this transition, enabling the company to streamline its operations and enhance its product offerings in the burgeoning mobile phone market.