Lee Byung-chul's Industrial Legacy

Lee Byung-chul

Born in Uireong-gun, Lee Byung-chul founded Samsung Sanghoe in 1938 and built it into South Korea's largest conglomerate. His expansion into sugar refining, textiles, electronics, and semiconductors played a central role in driving South Korea's rapid export-led industrialization during the Cold War.

Timeline

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Element

Year	Lee Byung-chul
1910	Birth of Lee Byung-chul (Period: February 12, 1910, Location: Junggyo-ri, Jeonggok-myeon, Uireong-gun, Gyeongsangnam-do, South Korea (an area still belonging to Uireong-gun today)) Birth and Early Life (Lee Byung-chul, Period: February 12, 1910, Location: Jonggok-ri, Jeonggok-myeon, Uiryeong-gun, Gyeongsangnam-do, Korean Empire)
1926	Marriage (Lee Byung-chul and Park Doo-eul, Age: 16 years old, Period: December 1926, Location: Korea (Exact location unknown))
1930	Business Activities and Wartime Economic Controls in Korea under Japanese Rule (Age: 19 years old, Period: Late 1930s – 1945, Location: Daegu, Masan, etc., Korean Peninsula) Study in Japan (Age: 19 years old, Period: 1930–1934, Location: Tokyo, Japan, Waseda University)
1936	Establishment of Kyongdong Rice Mill (Age: 26 years old, Period: March 1936, Location: Masan, Gyeongsangnam-do, Joseon)
1938	Establishment of Samsung Sanghoe (Age: 28 years old, Period: March 1, 1938, Location: Daegu, Joseon (Present-day Daegu Metropolitan City, Korea))
1939	Management of Chosun Brewing (Age: 28 years old, Period: 1939, Location: Around Daegu, Joseon)
1947	Relocation of Business Base to Seoul (Age: 36 years old, Period: 1947, Location: Seoul, Korea)
1950	Relocation to Busan Due to the Korean War (Age: 39 years old, Period: 1950–1953, Location: Seoul to Busan, Korea) Korean War (Age: 40 years old, Period: 1950–1953, Location: Korean Peninsula)
1953	Establishment of Cheil Jedang (Age: 43 years old, Period: August 1953, Location: Busan, Korea)
1954	Establishment of Cheil Industries (Age: 44 years old, Period: September 1954, Location: Daegu, Korea)
1958	Entry into the Insurance and Financial Sectors (Age: 47 years old, Period: 1958 onward, Location: Seoul, Korea)
1961	May 16 Military Coup and Reorganization of the Business Community (Age: 51 years old, Period: May 1961 – late 1961, Location: Seoul, Korea; Japan at the time) Establishment and Inaugural Chairmanship of the Federation of Korean Industries (Lee Byung-chul, Age: 51 years old, Period: August 1961, Location: Seoul, Korea)
1965	Establishment of the Samsung Foundation of Culture (Age: 54 years old, Period: 1965, Location: Korea) Launch of JoongAng Ilbo (Age: 55 years old, Period: September 22, 1965, Location: Seoul, Korea)
1966	Establishment of Korea General Hospital (Age: 55 years old, Period: 1966, Location: Seoul, Korea) Saccharin Smuggling Incident of Hankook Fertilizer (Age: 56 years old, Period: May 1966 – 1966, Location: Ulsan, Seoul, Korea)
1969	Establishment of Samsung Electronics (Age: 58 years old, Period: January 1969, Location: Suwon, etc., Korea)
1970	Business Diversification of Samsung Group (Age: 59 years old, Period: 1970s, Location: Various regions in Korea)
1976	Opening of Yongin Farmland (Age: 66 years old, Period: April 1976, Location: Yongin-si, Gyeonggi-do, Korea)
1978	Launch of Samsung Semiconductor Business (Age: 68 years old, Period: March 1978 – 1983, Location: Seoul, Gyeonggi-do, etc., Korea)
1980	Establishment of Management Philosophy and Succession Structure (Age: 69 years old, Period: 1980s, Location: Seoul, Korea)
1982	Opening of Ho-Am Art Museum (Age: 72 years old, Period: April 1982, Location: Yongin-si, Gyeonggi-do, Korea)
1987	Death of Lee Byung-chul (Age: 77 years old, Period: November 19, 1987 (Seoul, Republic of Korea))

Map

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Element

Asia World

Group	List
Founding of the PRC	Deng Xiaoping Mao Zedong Zhou Enlai Lin Biao Liu Shaoqi Zhu De Chen Yun Jiang Qing Hua Guofeng Ye Jianying Wang Hongwen Zhang Chunqiao
Nation-building in Taiwan	Chiang Kai-shek Chiang Ching-kuo Chen Cheng Yen Chia-kan Lee Teng-hui Sun Li-jen Koo Chen-fu James Soong (Soong Chu-yu) Kang Ning-hsiang Shih Ming-teh
State-building in South Korea	Syngman Rhee Park Chung-hee Chun Doo-hwan Roh Tae-woo Kim Young-sam Kim Dae-jung Chang Myon Kim Jong-pil Lee Byung-chul Chung Ju-yung Kim Jae-gyu
Post-war Reconstruction of Japan	Shigeru Yoshida Ichiro Hatoyama Nobusuke Kishi Hayato Ikeda Eisaku Sato Kakuei Tanaka Takeo Fukuda Masayoshi Ohira Yasuhiro Nakasone Takeo Miki

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Lee Byung-chul's Industrial Legacy

Lee Byung-chul

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