News
Zeb con for samsung
Samsung's official history
Samsung's official history begins in 1969, just two years before Steve Jobs and Steve Wozniak first met, and seven years before the pair went on to start Apple Computer Company in Jobs' parents' home on Crist Drive in Los Altos, California.
But Samsung's official history isn't Samsung's actual history. Samsung began as a business a full three decades before the giant multinational manufacturing conglomerate admits in its official history.
Also: The best Samsung deals: Frame TVs, Jet robot vacuums, Galaxy Watches, and more
Today, Samsung is best known to most people as a maker of smartphones and digital electronics, but the company has huge businesses in shipbuilding, construction, and insurance — it even owns a theme park.
But back in 1938, Samsung was a shop in Daegu, a small city in South Korea.
In 1938, Lee Byung-chul (better known at Samsung as B.C. Lee) was 28 years old and had three kids. He was relatively well educated, having studied economics for a few years in Tokyo at Waseda University. Back then, Japan essentially occupied Korea.
According to Samsung Rising, an exceptionally researched book on the company by Geoffrey Cain, Koreans like Lee were forced to worship at Japanese shrines and speak Japanese.
Before I continue with our story, I want to stop for a minute to discuss Geoffrey Cain's book. Most of the more visceral details of Samsung's original founding described in this article are sourced from this book.
Cain interviewed more than 400 people, including employees, executives, politicians, business people, board members, journalists, activists, and analysts, as well as a member of Samsung's founding Lee family. He traveled to Korea and conducted interviews in English, Japanese, and Korean. Any fact I cite here that is not explicitly sourced came from this book.
And with that, let's start our story with vegetables and dried fish.
Samsung in the 1930s
After leaving university due to illness, Lee returned to Korea. He tried trading rice, but that failed. Despite having a family, Lee spent two years traveling in China and Korea. Somewhere along the way, he noticed that fresh produce wasn't making its way to consumers.
That's when he decided to start Samsung. To sell vegetables. The company was originally named Samsung Sanghoe, which means "three stars shop." Samsung means three stars, so there you go.
Also: Samsung's biggest ever outdoor TV sports an enormous price to match
In Samsung's original little shop of hobak, the seed was planted for B.C. Lee's entrepreneurial drive to take Samsung from supplying a key ingredient in hobakjuk (a very nice Korean pumpkin porridge) all the way to supplying smartphones and key ingredients in many of the consumer electronic devices produced by its competitors.
Oddly enough, the Wikipedia entry for Lee Byung-chul says he started a trucking company in 1938. That assertion incorrectly cites a 2011 article in the Wall Street Journal, which was written about a hologram display honoring the founding of the CJ Group. Before it was known as CJ Group, that company was known as Cheil Sugar, a sugar refining company also started by B.C. Lee.
We'll get to that in a bit. First, we need to talk about beer, World War II, and the end of the Japanese occupation.
News
Internal Security: Police EOD Recovers Explosives, Prevents Calamity In Borno
As IGP Commends Officers, Assures of Continuous Strides in Ensuring Safety, Security
The Nigeria Police Force Explosive Ordnance Disposal Unit has again successfully recovered unexploded military ordnances in Maiduguri on 22nd November 2024, following reports from vigilant residents.
Acting swiftly, the Explosive Ordnance Disposal – Chemical, Biological, Radiological, and Nuclear (EOD-CBRN) team was deployed to secure the affected areas.
All ordnances were safely evacuated without any loss of life, injury, or property damage, and normalcy has been restored.
In the Dala Kacchallah area, the operatives recovered six (6) unexploded projectiles and one (1) mortar bomb near an uncompleted building.
Reports indicate that the items, washed ashore by recent flooding, were abandoned by local scavengers. Similarly, at the Gwange Riverbank, a military hand grenade was discovered.
In both instances, the EOD-CBRN team safely removed the ordnances, declared the areas safe, and conducted explosive risk awareness campaigns to sensitize residents.
Commending the professionalism and prompt response of the EOD-CBRN Unit, the Inspector-General of Police, IGP Kayode Adeolu Egbetokun, Ph.D, NPM has assured Nigerians of the Force’s commitment to ensuring public safety and security.
The IGP also noted that the EOD team in Borno State has been consistent in responsiveness and professionalism in preventing series of calamities as many IEDs have been safely recovered in many instances within the state. Investigations are ongoing to trace the origins of the recovered items and to prevent future occurrences.
The Inspector-General of Police urges members of the public to refrain from handling suspicious objects and to promptly report such discoveries to the police.
The Nigeria Police Force remains steadfast in its mandate to protect lives and property across Maiduguri and its environs.
ACP OLUMUYIWA ADEJOBI, mnipr, mipra, fCAI
FORCE PUBLIC RELATIONS OFFICER
FORCE HEADQUARTERS, ABUJA
23RD NOVEMBER, 2024
News
Fire guts LAUTECH teaching hospital
Property worth millions of naira were on Saturday destroyed at the Ladoke Akintola University Teaching Hospital in Ogbomoso, Oyo State, as a result of a fire incident.
The incident, which happened around 5 am in a paediatric consultant’s office, affected electronic gadgets, engines, books, office equipment, roofs, and others worth millions of naira.
A credible source told our correspondent that the fire incident was suspected to have started from an electric spark.
It was learnt that about 16 patients had to be quickly rushed out of the ward.
However, in a statement sent to PUNCH Online in Ibadan, the state capital, on Saturday, the Public Relations Officer of the institution, Ogunleye Omotayo, said no life was lost in the fire incident.
The statement read, “The management of the institution wishes to state that the fire incident that occurred early this morning (Saturday), as carried by some news media, was put out without any remarkable damage to the hospital.
“Noting that no human damage was recorded in the incident, the management wishes to state that Investigation is still ongoing with regard to the cause of the incident.
“At the moment, light has been restored, and work activities have resumed in the section where the fire incident took place.
“The management wishes to thank all staff, the state Fire Service, and all other well-wishers for their concerns and prompt response. The fire incident raised no cause for alarm. Everyone is advised to go about their normal daily activities without fear.”
News
Nothing wrong having a Christian as Alaafin of Oyo, says Oladigbolu
Rahman Oladigbolu, a Nigerian filmmaker, says he sees no reason why the Alaafin of Oyo cannot be a Christian.
Two years ago, Lamidi Adeyemi, Alaafin of Oyo, died at the Afe Babalola Teaching Hospital, Ado Ekiti, after battling an undisclosed illness.
He was 83 years old and had been on the throne for 52 years — the longest-reigning Nigerian monarch at the time.
Since his death, the throne has been vacant.
Speaking in an interview with Rudolf Okonkwo, Oladigbolu, a prince in the Oyo kingdom, said religion should not be a factor in the selection of the next Alaafin.
“In Oyo, where I came from, we are trying to select a new king. It has been the tradition for some decades that the Alaafin of Oyo will be a Muslim,” he said.
“Now, we have some Christians among the people vying for the position, and there are discussions about whether Oyo can have a Christian Oba. Of course, if you can have a Muslim Alaafin, I see no reason you can’t have a Christian Alaafin.
“The whole point should be to ensure that people would not be talking about religion in issues like this, but it is difficult because of the agenda of people wanting to impose their religion on others.
“So these are where all the problems still lie, and until we’re able to understand it, I don’t see how we can move forward.”
Oladigbolu said education and enlightenment are necessary to solve division caused by religion.
“It is only enlightenment that can carry people to the point where religious considerations no longer matter in societal affairs,” he said.
“When people are enlightened to the point where it doesn’t, then it won’t.
“But today, they still see each other from their religious prism because even the behavior of people that occupy positions in society gets influenced by religion.”
-
Business6 days ago
Lagos state government to commence upgrade of major junctions in Ikeja axis, seeks residents’ cooperation
-
Politics1 week ago
DSS operatives arrest man with bags of cash during Ondo guber
-
Celebrities1 week ago
Daddy Freeze, Akah Nnani clash over Emmanuel Iren
-
News1 week ago
Alice Loksha, abducted UNICEF nurse, escapes captivity after 6 years
-
News1 week ago
Nnamdi Emeh: Suspect Facing Charges In Court, Process Independent Of Police Influence
-
Health1 week ago
Five ways to rid your home of ants
-
Special Features1 day ago
Iyabo Ojo, Brainjotter, Dayo Oketola, Penzaarville, Tomiwa and others to speak at the Bodex Social Media Hangout 5.0
-
Politics1 week ago
Aiyedatiwa takes commanding lead in Ondo guber poll after winning 15 of 18 LGAs