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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. 

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Lagos state government shuts hotels, poultry over noise, air pollution

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The Lagos State Environmental Protection Agency has shut down several businesses in the Ikorodu area of the state over environmental infractions.

The state Commissioner for the Environment and Water Resources, Tokunbo Wahab, disclosed this in a statement on X.com on Friday.

The statement read, “In a bold move to tackle noise, air pollution, and other environmental infractions, the Lagos State Environmental Protection Agency recently conducted a comprehensive enforcement operation in key areas of Lagos State, including Agric, Ibeshe, and Ikorodu.

“Despite prior warnings, several establishments, including hotels, bar, gas filling station, poultry farms, and lounge, continued to flout LASEPA’s directives.

“As a result, these establishments have been temporarily shut down to ensure compliance with environmental regulations.”

The affected businesses were said to include Victory Hotel, Wendy Bar, Moore Gas Plant, Provider Farm and Poultry, Cloud 24, Little Palace Hotel, City Groove Lounge and Bar, Destiny Castle, and B.S. Gold Warehouse.

In the statement, LASEPA stated that it has repeatedly warned businesses about the need to adhere to environmental standards.

The agency also vowed to intensify its enforcement efforts to ensure compliance with state environmental laws.

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We have identified sponsors of planned nationwide protest, says DSS

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The Department of State Services (DSS) says it has identified those behind the planned nationwide protest.

In a statement on Thursday, Peter Afunanya, DSS spokesperson, said the service is applying a “non-kinetic measure and conflict resolution” to address the impending protest.

There are reports that youths across the country are planning to embark on nationwide protest over the increasing cost of living.

The DSS spokesperson said the secret police found the planned demonstration to be “politically motivated”.

“While peaceful protest is a democratic right of citizens, the Service has confirmed a sinister plan by some elements to infiltrate the protest and use it to cause chaos and extreme violence in the land,” the statement reads.

“It has also identified the reason behind the protest to be political.

“The plotters desire to use the intended violent outcome to smear the federal and sub-national governments; make them unpopular and pit them against the masses. The long-term objective is to achieve regime change, especially at the centre.

“The Service has also identified, among others, the funding lines, sponsors, and collaborators of the plot.

“However, it does not think that aggression should be the first line of action in the instance, in handling the emerging scenario.

“It has instead variously applied non-kinetic and conflict resolution strategies, including moral suasion, stakeholder engagement, and other multi-track diplomatic shuttles, to dissuade the planners from actualising their undesirable objective.”

Afunanya said the “agitators” should use “ample ways” available to them to channel their grievances without resorting to violence.

“The Service calls on people of goodwill, leaders of thought, captains of industry, labour unions, student associations, youth leaders, the civil society, clergy, NGOs, women groups, civil servants, and politicians to shun any invitation to participate in any orchestrated violence, deliberately designed to cause disaffection in the country,” he said.

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22 drug dealers convicted in July, says NDLEA

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The Kano State Command of the National Drugs Law Enforcement Agency on Thursday disclosed that it secured the conviction of 22 drug dealers in the state in July 2024.

Confirming the convictions to newsmen, on Thursday, the Commander of the agency, Abubakar Idris-Ahmad, described the feat as a major victory in its fight against illicit drug trafficking and abuse.

Idris-Ahmad said, “Out of the 22 drug dealers convicted, one Abubakar Mu’azu’s arrest resulted in an altercation during which he stabbed an NDLEA officer.”

“Mu’azu was charged to court and sentenced to three years in a correctional centre, while the other convicts were sentenced to various terms of imprisonment.

“Different types of illicit substances were found in Mu’azu’s possession.”

The narcotics commander said that the command would continue the fight against drug trafficking and abuse and prosecute those culpable.

Idris-Ahmad commended the Chairman/ Chief Executive Officer of the agency, retired Brig.-Gen. Mohammed Buba-Marwa, for his unwavering support and commitment to the fight against drug abuse.

According to him, no amount of intimidation or violence would hinder the agency’s operatives from pursuing and bringing perpetrators to justice.

“Our operatives are trained professionals who will stop at nothing to ensure that those who engage in drug-related offences face the full wrath of the law,” he stated.

To accomplish its mission of ridding the state of drug addicts, the commander solicited the support of the general public, urging them to remain vigilant and report any suspicious activities related to drug abuse and trafficking to the agency for prompt action.

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Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.

She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others

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