More Than A Number

Samsung is a brand name that consumers around the world are familiar with. Whether you’re purchasing a Samsung monitor for your computer or a Samsung water filter for your home, chances are you’ve heard of the company.

In truth, Samsung isn’t a single company, but rather a chaebol, a South Korean word that refers to a type of business conglomerate. Your Samsung washer dryer parts or cell phone comes from one of a number of different businesses that are affiliated under the name Samsung, which means “three stars” in Korean.

Samsung Electronics is probably the most well-known business in the Samsung chaebol. It is the biggest consumer electronics company in the world, meaning that you’re certainly not the only one out there shopping for a Samsung battery. More than 20% of all of South Korea’s exports are Samsung Group products, leading some to call the country The Republic of Samsung.