1950: Byung-Chul Lee founded Samsung trading company in Seoul (YPM).
1953: Samsung starts sugar production, which has since been spun off into the CJ Corporation.
1958: Samsung starts insurance business.
1963: The first Shinsegae department store opens in Seoul.
1964: Samsung starts Tongyang Broadcasting Company(TBC), which later merged with KBS.
1965: Samsung starts the Joong-Ang Ilbo daily newspaper, which is no longer affiliated with the company.
1969: Samsung Electronics was founded.
1974: Samsung Petrochemical and Heavy Industries were founded.
1976: The company was awarded an export prize by the government as a part of the country's development program.
1977: As a result of this export prize, Samsung Construction emerged. In addition, Samsung Shipbuilding is formed.
1982: Samsung establishes a professional baseball team.
1983: Samsung produces its first computer chip: a 64k DRAM chip.
Towards the end of the 1980s, Samsung pushed its efforts in petrochemicals and electronics.
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