Lee Byung-Chul, Chairman of Samsung Group, passed away.


Meaningful Days of Korean History

Lee Byung-Chul, Chairman of Samsung Group, passed away. +

the date of death
Lee Byung-chul (Lee Byung-chul, Feb. 12, 1910 to Nov. 19, 1987) is a South Korean businessman who founded Samsung Group, CJ Group and Hansol Group JoongAng Ilbo.

In 1938, he founded Samsung Corporation and later engaged in trade. It established Samsung C&T in 1951, Cheil Jedang and Cheil Industries in 1953, and expanded its manufacturing business through exports to pave the way for Samsung Group, including Samsung Heavy Industries Co., Samsung C&T Corp. and Samsung Petrochemical Co.

He also entered broadcasting and media by establishing TBC in May 1964 and JoongAng Ilbo in September of the following year. However, the JoongAng Ilbo handed it over to the Hong Jin-ki family.

Since then, devoted to business activities, Samsung Electronics and Samsung Electro-Mechanics have been successful in exporting electronics products by establishing them in 1969.
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