Samsung Electronics Co., Ltd. is a South Korean multinational major appliance and consumer electronics corporation founded on 13 January 1969 and headquartered in Yeongtong-gu, Suwon, South Korea. It is currently the pinnacle of the Samsung chaebol, accounting for 70% of the group's revenue in 2012. Samsung Electronics has played a key role in the group's corporate governance due to cross ownership. Samsung Electronics has assembly plants and sales networks in 74 countries and employs more than 270,000 people. It is majority-owned by foreign investors. As of 2019, Samsung Electronics is the world's second-largest technology company by revenue, and its market capitalization stood at US$520.65 billion, the 12th largest in the world. Samsung is the world's largest manufacturer of smartphones since 2011. Samsung is best known for its Samsung Galaxy brand including the Samsung Galaxy S series which was first produced in 2010. It has developed 5G-capable smartphones, including the Galaxy S24, and foldable phones, including the Galaxy Z Fold 5. Wikipedia