Samsung was founded in 1938 by Byung-Chull Lee (1910-1987); it was incorporated in 1951 as Samsung Corporation.
Samsung is now one of the leading manufacturers in plasma displays, although it has struggled with building an image of being an innovator created by legal controversies over patent infringements with companies such as Fujitsu who claim to have created plasma display technology first.
On November 30, 2005, Samsung pleaded guilty to a charge it participated in a worldwide price-fixing conspiracy during 1999-2002 that damaged competition and raised PC prices. Samsung Electronics focuses on five business areas: Digital Media, Telecommunication Network, Digital Appliance, Semiconductor, and LCD.

Its subsidiary, Samsung Electronics, is one of the largest electronics companies in the world. In 2005, Samsung overtook Sony as one of the world's most valuable brands, and is now ranked #20 in the world. Samsung has also faced controversy in Korea for its policies towards workers, described by some as anti-worker, although such claims are widely disputed.
As a result of this investigation, Hynix was to pay $185 million in 2005, and Infineon, $160 million in 2004.

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