Samsung was founded in 1938 and initially focused on exports before expanding into consumer electronics. Under the leadership of Kun-Hee Lee in the 1980s, Samsung restructured to become a global leader in technology. Samsung now manufactures a wide range of electronic devices, appliances, and gadgets. The company uses an aggressive "spray and pray" marketing strategy of flooding the market with products and advertisements. Samsung competes directly with Apple by maintaining lower prices and sponsoring celebrities. With 15% annual growth, Samsung's goal of $400 billion in sales by 2020 is feasible given its current market dominance in devices like smartphones.