Samsung, founded in 1938 by Lee Byung-chul, is a leading global electronic brand headquartered in Seoul, South Korea. The company operates across various sectors, including mobile phones, home appliances, and entertainment, with a reported 2011 revenue of $247.5 billion and a net income of $18.3 billion. Samsung has also made significant strides in areas like biopharmaceuticals and mobile manufacturing, becoming the world's largest mobile phone maker in 2012.