How the Korean War Created Samsung
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- Опубліковано 9 чер 2024
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While many people today know Samsung for its fancy products like smartphones and TVs, many are not familiar with Samsung's long alliance with the South Korean government, which has helped Samsung survive many crises and become one of the biggest companies in the world.
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#Korean #History
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Samsung: Loans from a bank
Also Samsung: *_Let's buy them using the loan money_*
WTF XDXD
Samsung: I used the bank to buy the bank
Perception:100
Xd
10000 IQ move
Didn't realize just how old Samsung was!
You think that's crazy, look up the origins of Nintendo.
@@michaellyden2580 Damn! 129 years old!
@@jacobleereed, Mario shoulda had white hair.
@@michaellyden2580 You think that's crazy, look up the history of Mitsubishi.
if u think that crazy, look up the origins of Kongō Gumi Co., Ltd. its older the the foundation of islam it self. 8 year younger then prophet of Muhammad birthday.
I'm watching "How The Korean War Created Samsung" on a Samsung device.
Me too lol
Me too lol
And so do I
Me presently on Iphone 😀
It looks great on my Samsung s9.
Make a video on Goldman Sachs....that would be a very interesting topic
or JP Morgan or any company in finance industry.
It would be a very fascinating topic
Or Pornhub
Massives the owners of that site are another corporate conglomerate ala Samsung
There's already a video/documentary abt them made by CNBC
Do a video on BlackRock. It's the largest asset management firm yet it's unknown to the general public
Niza Siwale yess!
agreed. One on SoftBank would also be interesting
I thought Renaissance Tech was largest hedge fund?
I wouldn't say it's THAT unknown, but I agree that it would be quite interesting
You didn't say please 🌚
Well you should add SAMSUNG as heavy industries as well because they produce ship. And also they have arms division to produce tanks and heavy artilery.
Samsung is basically South Korea.
Also the Samsung constructions , which built the burj khalifa
Watching this on my Samsung phone while washing my Hyundai SUV and sipping a beer cooled by my LG fridge and blasting Psy's GANGNAM STYLE
You should try OB Korean beer it's pretty tastey, I also enjoy driving my hyundai, watching my Samsung big screen and seeing what's leftover in my fridge while at the grocery store.
Same, but with BTS instead of Psy
Nam of Gangnam is the same Nam as Nam of Vietnam.
it means South in Chinese.
Also, Nam of Nambu pistol, if you know something about Japanese firearms.
but Chinese no longer pronounce it Nam, but rather pronounce it Nan, as in city of Nanjing.
@@davidjacobs8558 Great info! I was in Vietnam and everyone pronounced it "Viet-nam" but in The States most everyone pronounces it more like "Viet-nom." I was told Gangmam is a ritzy area in Seoul and Oppan means "boyfriend". I actually don't really listen to Psy, but I do own a Japanese Assault Rifle. Cheers,
S10+
This video is better than any history class I had to go through in school.
Everyone always says this. Y'all are just stupid, pay attention in class, read the books you're given..
So basically if you want to make a big company you should have friends who run the government so that they can funnel the governments money into your company. It's the same thing Reliance is doing in India
Always remember my friend politicians don't run the world it is ruthless business men who does that.
@@ferrumpugnus3708 - b...but in this case the politicians decided which businessmen won and lost in the market
@@WorthlessWinner F. R. I. E. N. D. S.
same thing with many Chinese companies, which became mega corporation in short time.
and you think USA is any different?
America go to War to benefit Military Industrial complex.
Its pretty much everywhere. Corporate elites go handshake with govt giants to get benefits.
Chaos is a ladder- Samsung
Next up: *How American civil war created Starbucks*
Starbucks is not created during American civil war
@@jetmon5606 it was created by Napoleonic war
A1 Steak Sauce
The sound balance was a bit off; dramatic background music shouldn't overpower the speaker.
0:05 woah that was early this time
damn he's getting good at this
What do you mean?
took me 5 minutes to find it lol
What?
The best parts a re the transitions from the humble beginnings to the the point where everything is just smooth sail.
We outside of Korea just don't grasp the influence of some of these chaebols.
China also has these corporations that are present in every part of one's life
yes, Samsung is dumb enough to still maintain manufacturing sectors.
If they were smart, they would sell all manufacturing subsidiaries and become purely financial institutions.
Like Wall Street bankers.
@@davidjacobs8558 Its not dumb at all to maintain them. They make lots of money, and control lots of specific manufacturing markets, such as OLED.
@@BeastinlosersHD it's way easier to just control the money. you don't have to deal with factories, machinaries, labors, unions.
In China it's the CCP that have the real power.
@@davidjacobs8558 It's not that easy. There's a lot of regulations preventing that, but they can't complain, because those regulations are the very reason why they were so powerful to begin with.
Go Samsung 🇰🇷🇺🇸
@CAVEMAN CRAZED looks like someone's triggered lol
@CAVEMAN CRAZED lol
@CAVEMAN CRAZED go ahead eat kimchi then you will turn into a yellow peed ailien
@@michaelyu3678 yo idk what happened but why would you say something like that. I mean r u jealous coz u chinese dont have tradtional food, and u guys only eat dogs?
Nice to see your videos
Topic and explanations is great
My favorite channel on youtube! Love it, thanks Business Casual for your high quality informative videos!
Thank you very much for the videos you make!
I ve been waiting for the samsung episode for sooo long
Samsung is my favorite company 🙏
Great informative video
My father, as UN forces retreated, was part of one of many demolition teams that made the factory buildings unusable. The buildings were left standing but shattered, dangerous to occupy or demolish, impossible to repair. The nasty logic of war. May place and prosperity prevail.
I might even pay to watch such high quality videos and content.... Well done and Thank you for all the hard work
I'm not shitbag
Lee Byung Chul was very courageous and entrepreneurial to start Samsung under Japanese occupation. It is very sad that South Korea was destroyed and many of them killed during the Korean war. The USA government financed the rebuilding of South Korea and the Korean government financed the building of Samsung into a powerful corporation.
M
2
The
Love all your videos! Looks like great research, cannot believe I binge watched your channel :p
Make a video about the Brazilian business guy Eike Batista. Once in the top 10 richest in the world and now poor all in a few years
This video gave me a different vision to look at my Samsung phone...well now I'm proud of it 👏
3:52 ouch!
Scary how Korea has grasped so many markets worldwide. Now their Machineries, tools, motors, electronics, entertainment, snacks, cosmetics etc are wildly popular around the world.
Great video
Just wanna say your videos are awesome
I thought Samsung was a firm located in Korea. Now I learned that Korea is a country located in Samsung.
Proudly watching this on my Samsung Smartphone.
I thought Samsung is all about phones. This is so educational. Learned a lot thru this.
*This video isn't showing all the pictures. Samsung also has a full scale military division. They produce hardwares.*
love your vids
What program does he use to edit the videos? Good video btw
Adobe After Effects & Adobe Premier Pro. And i think adobe audition for the audio mixing.
another great video,👧💛
Ever since your break the production value of these videos has soared. I don't know who to congratulate but I left the new redesign. Bravo
i amazed how fast South korea developed. In the korean war Nepal supplied foods, clothes to south korea. AND look now at Nepal . Still underdeveloped Government Unstable politics. Wish we can get leaders and politicians like south korean
The politicians that the samsung founder came along with are corrupt and tyrant men who enslaved south korean people in the process but thru time their political system became more democratic and less corrupt and dictatorial when the people protested
@@charlemagnethegreat2916 democracy doesn't guarantee prosperity.
China is NOT democratic, but economically very prosperous now, because they chose Capitalism.
Chinese people are vacationing all over the world with these new found wealth.
They are not complaining about their dictatorial government system, and not demanding democracy.
David Jacobs they arent because tiananmen square massacre was basically erased in their history and im aware that democracy isnt needed to become a developed nation although there is nothing to idolize about south koreas and even chinas politicians in the 20th century. South korea wouldnt be so rich in these days werent for park chung hee although aside from that there is nothing likeable about him policies wise especially how paranoid their police was arresting everyone and label them communist that happened in 1980 gwangju uprising in chung doo hwan and yeah samsung recently got in the fire for its corrupt practices during park geun hye administration yes indeed it helped south korea be where it is today but due to their saving face culture samsung corrupt practices, sewol ferry tragedy, gwangju uprising and many more incidents happens tho south korea today is way better than before south korea before is no different from the tyranny of the north korean govt and even north korea was richer than them in the 60s not saying i like north korea
@@charlemagnethegreat2916 Korean Left Wing nuts wants to describe 60 to 80's of South Korea as some kind of hellish place.
but the fact is South Korea of that time was much freer than today's China. and There is not much wrong about today's China, is there?
South Korea of that time had opposition political parties and politicians, which China don't even have today.
David Jacobs it is a hellish place just go down to gwangju and tell them how the govt worsen the south east and southwest divide and we cant really compare china and south korea today as china is still doing its terrible stuff especially in uyghur areas and harrasing neighboring countries for islands that are literally faraway from them and the reason south korea improved cuz the people took the matter in their own hands like the 1987 Seoul protests and recently 2017 with park geun hye ousted
Samsung the to go man for people who despise apple
Don't have to despise apple to buy samsung. I roll with Sony because I'm not paying $1200 fucking bucks every 2 year for a phone that isn't even waterproof
seriously we are talking about samsung here why do you need to mention Apple ???! this is how you always fight on youtube Samsung and Apple, look Samsung is seriously big and diverse you cant even start a comparaison between them it wont end
S10+
@@Calyx both apple and samsung are waterproof lol + most samsung phones are under 1200 bucks
What program do you use for making these video´s?
hey, u made it to 600k subs, congrats man was waiting for it to happen. Great material, thank you 🖐
Wow this super informative, this something I plan on bookmarking for a long time
It's a great channel for tech enthusiast and great script and detailed historical explaination,I will definitely tell my friends for subscribing you,pls keep up the great work.Very enjoyable and informative contents.
Can I know which video editing application do you use?, It would be really helpful
Great video, music was a bit dramatic and over the top imo
Nice video.
Which video editor r u using??
Yes!!!!!!
jist of the story: govt favour is the key to thriving business
Watching this with a Samsung phone lol
Watching this on my samsung phone. Do a hyundai video now 😀
do you know vincroup coperation is vietnam enterprise please make a video about it history
I am watching how samsung was formed in my samsung smartphone interesting
You have some facts wrong. For instance, you claim that the military overthrew "Lee's friend's regime." But Syngman Rhee's regime was overthrown by student demonstrators in 1960. The military overthrew the regime that the students engendered - the democratic regime of John Chang (nominally headed by Yun Po-sun). Stuff like this makes me wonder how accurate your other presentations are.
This is wonderful.
How about Hyundai
It's not really different from Samsung's. Most of major companies in Korea grew and succeeded as such.
No mention of Samsung Heavy Industries?
Many people don't know the true extent of Samsung. One of the biggest megaship builders in the world is one of them.
I'm curious. Pls explain more.
@@ruvin7023 Look up the full conglomerate. Samsung even produced forklifts and transport trucks at one point before the Asian Economic Crisis. They have the largest dry dock in the world and the highest efficiency in the world aswell. SHI is pretty insane.
@@Calyx Samsung also built the bhurj khalifa the tallest building in the world and also the biggest boat in the world they also make cars with Renault,they also build nuclear reactors, they also make tanks and te list goes on
Yes
What about LG? It seems to be the underdog of these two famous Korean conglomerates.
The first picture in 0:37 is Qing China not Korea lol
please can you tell us about the story of spotify and soundcloud!!!
The Samsung family was rescued by Colombia soldiers. To this day the Samsung family gives scholarships to ancestors of Colombian war veterans and free trips to South Korea to visit the war memorial of hundreds of dead Colombian soldiers. Around 56 are still missing and never returned home.
Proud to see the history of Samsung in Samsung phone itself
Watching this on my Samsung phone
I Love Samsung ❤
Samsung's revenue is equivalent to 17% of South Korea's GDP.
New subscriber
sam sung a song and that’s how samsung was made
Add these also... samsung has many building house complex in Korea, cars that koreans prefer, malls, cinemas etc.
Also..after the Korean War, North Korea was funded by Russia and China and reconstructed their capital mostly with pretty buildings, medium skyscrapers etc and, there was an uprising among south koreans because they were still poor and underdeveloped after the war so, fast track of development occurred.
A story of well placed PLANETS AND LUCK. Total luck.
Samsung started making Semiconductors much later than Japanese, German and American companies.
Japanese firms like Sony, Toshiba, Hitachi, Sanyo etc got huge financial help from Japanese government to compete against Samsung, yet they finally gave up. That's NOT luck.
Good to seeya bahk mate
Who else is watching this from a Samsung mobile?
There is a company in Star Wars called SoroSub it has divisions in pretty much every market and is so large that it basically RUNS the entire planet it's based in (Sullest). Samsung is Earth's closest equivalent, this company is almost 20% of South Korea's GDP.
Hi Casual!
I'm speaking pretty much from my own minds/curiosity's pleasure when I'm asking.
Hey! What about a video showing or/highlighting what direction a world without computers would have headed.
And the vice versa, what the world would have to deal with if - all of a sudden - government decided "No more Computers!".
Would all the world be set back 100 or 200 years if we didn't have modern standards in tech?
I'm just a 90's kid who believes he was around before the computer and the internet became.
PS: If this makes some kind of sense - do it! :)
Oh! and also.
What countries in the world are really based/founded on capitalism and which are not?
As when speaking off all the protest we get from laborers and working-class people about governments changing the rules/laws for the sake of everyone else's than theirs.
(I remember reading in one of the Rich Dad Poor Dad, that USA is in fact founded on capitalism, and historical events - such as the political "tea party" - whatever it's called - that where in fact about tax reductions or increases, and people just don't know or recognizes it.
- as the federal reserve, which doesn't have any money, even though that's a general belief.
PS: I'm foreigner so don't judge my ignorance to harsh, I'm generally just interested :)
All and ANY feedback IS appreciated!
I'm using a Korean War phone
I love you Samsung ❤
Got washer, dryer, TV, phone, and memory. 💪 want a monitor now
These Chaebol
, like their Zaibatsu brother, are the result of that old East Asian preference for concentration of wealth and power. The old families who run them practically run the country as well.
Watching this video on my Samsung Galaxy J7 Prime 😜
pittsburgh steelers logo @ 4:49
Do a history on one of the biggest REAL ESTATE DEVELOPERS. Maybe EXTELLE, SIMON GROUP etc
kim jong-un ordered 19 of his closest friends to downrate this video LOL!
Kim Jong-Un don't have any friends.
friends are who can say no and survive to see another day.
if that's not the case, they are not friends, just subordinates.
how loves Samsung sooooooooo much
That Lee byung-chul was one slimy fella.
Jasc Random no businessman in the world became a billionaire by not being slimy. This is one of the biggest secret if people wants to be super rich.
@@MCHD4 Yeah, but this guy isn't even suttle.
for some reason i read the title as 'How the Korean War Crashed Samsung'
South Korea should just be called the Republic of Samsung
Samsung is only one of four biggest conglomerates in Korea, the other three are Hyundai, LG and Lotte.
Yes, if South Korea eliminates it's corrupt political system, and let Samsung manage the country,
it would run better, and be richer, and more powerful country.
David Jacobs dont you think that Samsung is also corrupt, its has so much influence in the goverment just ask your average South Korean.
@@MCHD4 all large corporations in the world are corrupt. but I trust Samsung more than South Korean government.
@@davidjacobs8558 it's a shame the current administration is doing whatever it can to take them down.
I feel proud that my first phone is Samsung..
Watching this on my Samsung Galaxy.
Make a video of the Danish jysk
*Homegrown is the key*
the only company to loan money from the bank and use them to buy the same one its like hitting an enemy with his weapon
Watching this on a Samsung Laptop.
As Ferengi Rule of Acquisition #34 states
"War is Good for Business"
But don't forget Ferengi Rule of Acquisition #35
"Peace is Good for Business"
@@WasimSaleem Petyr Baelish - "Chaos Is Ladder"
Samsung started in Daegu, not in Masan.
I am watching this with Samsung J5 (2016)versions
I have a samsung galaxy tab 2 7.0
Now I know why Mr. Kim Jong launch missiles near Japan
samsung can summon tanks to destroy apple campus
Samsung did NOT make tank, they made Self Propelled Howitzer.
They are NOT the same thing.
and Samsung Sold Howitzer making division few years ago, anyhow.
일ㅔ제에 대해 제대로 말해주는게 가장 맘에 든다 후....... ㄹㅇ............
ㄹㅇㅋㅋ