{"id":8649,"date":"2018-03-22T16:08:01","date_gmt":"2018-03-22T07:08:01","guid":{"rendered":"https:\/\/news.samsungcnt.com\/en\/?p=8649"},"modified":"2023-02-24T18:50:55","modified_gmt":"2023-02-24T09:50:55","slug":"celebrating-samsung-cts-80-year-journey-innovation","status":"publish","type":"post","link":"https:\/\/news.samsungcnt.com\/en\/features\/corporate-sustainability\/2018-03-celebrating-samsung-cts-80-year-journey-innovation\/","title":{"rendered":"Celebrating Samsung C&#038;T\u2019s  80-year Journey of Innovation"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"8649\" class=\"elementor elementor-8649\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-15d78e75 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"15d78e75\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-701aa273\" data-id=\"701aa273\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bb8c1b4 elementor-widget elementor-widget-text-editor\" data-id=\"bb8c1b4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Looking back at a company\u2019s history is like looking back on one\u2019s life. It\u2019s dotted with countless milestones, challenges, and successes, and is often too complex and nuanced to describe. But there are those definitive moments that help dictate the future \u2013 events and fundamental changes that invariably define which course life takes.<\/p><p>On March 22, as Samsung C&amp;T celebrates its 80th anniversary, we look back at some of the most momentous times in the company\u2019s history that helped shape its future. It now houses four different groups \u2013 Engineering and Construction (E&amp;C), Trading and Investment (T&amp;I), Fashion, and Resort \u2013 that offer their expertise in each field, but also come together to produce synergy that previously would have been hard to generate.<\/p><p>Take a look at Samsung C&amp;T&#8217;s longstanding history of innovation and transformation.\u00a0<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-20718ae elementor-widget elementor-widget-image\" data-id=\"20718ae\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/news.samsungcnt.com\/wp-content\/uploads\/sites\/3\/2018\/03\/0321_\uc0bc\uc131\ucc3d\ub9bd\uae30\ub150_high-2-scaled.jpg\" data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-title=\"Building A Legacy for 80 Years\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6Mzk0NzMsInVybCI6Imh0dHBzOlwvXC9uZXdzLnNhbXN1bmdjbnQuY29tXC91cGxvYWRcLzIuMFwvd3AtY29udGVudFwvdXBsb2Fkc1wvc2l0ZXNcLzNcLzIwMThcLzAzXC8wMzIxX1x1YzBiY1x1YzEzMVx1Y2MzZFx1YjliZFx1YWUzMFx1YjE1MF9oaWdoLTItc2NhbGVkLmpwZyJ9\">\n\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"464\" height=\"2560\" src=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2018\/03\/0321_\uc0bc\uc131\ucc3d\ub9bd\uae30\ub150_high-2-scaled.jpg\" class=\"attachment-full size-full wp-image-39473\" alt=\"\" srcset=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2018\/03\/0321_\uc0bc\uc131\ucc3d\ub9bd\uae30\ub150_high-2-scaled.jpg 464w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2018\/03\/0321_\uc0bc\uc131\ucc3d\ub9bd\uae30\ub150_high-2-scaled-371x2048.jpg 371w\" sizes=\"(max-width: 464px) 100vw, 464px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3c42b2a elementor-widget elementor-widget-heading\" data-id=\"3c42b2a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">From a Small Shop in Daegu<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f0e7b5d elementor-widget elementor-widget-text-editor\" data-id=\"f0e7b5d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>The roots of this mega corporation, which is behind sprawling construction projects in all parts of the world, complex networks of global trading deals, fashion trends evolving at break-neck speed, and a massive hub of entertainment, all trace back to one small shop in Daegu, South Korea.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3affcc4 elementor-widget elementor-widget-image\" data-id=\"3affcc4\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/news.samsungcnt.com\/wp-content\/uploads\/sites\/3\/2018\/03\/0322_\uc0bc\uc131\uc0c1\ud68c\ubd80\uc0b0\ud56d-1.jpg\" data-elementor-open-lightbox=\"yes\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6MzQwODAsInVybCI6Imh0dHBzOlwvXC9uZXdzLnNhbXN1bmdjbnQuY29tXC91cGxvYWRcLzIuMFwvd3AtY29udGVudFwvdXBsb2Fkc1wvc2l0ZXNcLzNcLzIwMThcLzAzXC8wMzIyX1x1YzBiY1x1YzEzMVx1YzBjMVx1ZDY4Y1x1YmQ4MFx1YzBiMFx1ZDU2ZC0xLmpwZyJ9\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"768\" height=\"301\" src=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2018\/03\/0322_\uc0bc\uc131\uc0c1\ud68c\ubd80\uc0b0\ud56d-1.jpg\" class=\"attachment-medium_large size-medium_large wp-image-34080\" alt=\"\" srcset=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2018\/03\/0322_\uc0bc\uc131\uc0c1\ud68c\ubd80\uc0b0\ud56d-1.jpg 940w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2018\/03\/0322_\uc0bc\uc131\uc0c1\ud68c\ubd80\uc0b0\ud56d-1-300x117.jpg 300w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4596578 elementor-widget elementor-widget-text-editor\" data-id=\"4596578\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Established in 1938 by Samsung Group founder Byung-chull Lee, Samsung Sanghoe grew rapidly over the years, and by 1948 it was trading with Hong Kong, Macau, Singapore, and other markets in Southeast Asia.<\/p><p>By the 1970s, Samsung Corporation, designated the country\u2019s first general trading company in 1975, was growing at an exponential pace, expanding outbound shipments and continually renewing its record as top exporter. It hit the US$200 million, US$300 million and US$500 million mark, respectively, from 1975 to 1977, solidifying its position as a leading domestic trading company.<\/p><p>Having built a strong foundation in these years, the company was able to carry this momentum throughout the following two decades, despite the global recession in the early 80s and the Asian Financial Crisis that pummeled the Korean economy in the late 90s.\u00a0<\/p><p>At the turn of the century, Samsung Corporation was ready to undergo yet another transformation, changing its name to Samsung C&amp;T in 2008 and advancing into a variety of fields with operational bases covering over 90 locations worldwide.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-05a600e elementor-widget elementor-widget-heading\" data-id=\"05a600e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Bold Steps for Change<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3e068bb elementor-widget elementor-widget-text-editor\" data-id=\"3e068bb\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>As Samsung C&amp;T looks at its journey ahead, it continues to undergo multiple changes designed to strengthen the company, give more back to society, and ensure benefits are shared with all stakeholders involved.<\/p><p>Its recent decision to improve its corporate governance structure by separating the chairman of the board of directors and the CEO will bring greater transparency and growth that can only be sustained by long-term vision and a commitment to openness.<\/p><p>With these changes, Samsung C&amp;T will once again position itself as a global leader that looks to add value to every aspect of people\u2019s lives through continual change that will have long-lasting effects over the decades to come.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Looking back at a company\u2019s history is like looking back on one\u2019s life. It\u2019s dotted with countless milestones, challenges, and successes, and is often too complex and nuanced to describe. But there are those definitive moments that help dictate the future \u2013 events and fundamental changes that invariably define which course life takes. On March [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8654,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[30],"tags":[2080,2081,2082,2083,1051,2084,72,90,2085,91,350,353,354,342,2086,1817],"class_list":["post-8649","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-sustainability","tag-80-year-journey-of-innovation","tag-corporate-anniversary","tag-history","tag-history-of-samsung-ct","tag-innovation","tag-legacy","tag-resort-group","tag-samsung-ct","tag-samsung-ct-80-year-anniversary","tag-samsung-ct-construction-group","tag-samsung-ct-ec-group","tag-samsung-ct-fashion-group","tag-samsung-ct-ti-group","tag-samsung-ct-trading-group","tag-samsung-sanghoe","tag-success"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Celebrating Samsung C&amp;T\u2019s 80-year Journey of Innovation - Samsung C&amp;T Newsroom<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/news.samsungcnt.com\/en\/features\/corporate-sustainability\/2018-03-celebrating-samsung-cts-80-year-journey-innovation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Celebrating Samsung C&amp;T\u2019s 80-year Journey of Innovation - Samsung C&amp;T Newsroom\" \/>\n<meta property=\"og:description\" content=\"Looking back at a company\u2019s history is like looking back on one\u2019s life. It\u2019s dotted with countless milestones, challenges, and successes, and is often too complex and nuanced to describe. But there are those definitive moments that help dictate the future \u2013 events and fundamental changes that invariably define which course life takes. On March [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/news.samsungcnt.com\/en\/features\/corporate-sustainability\/2018-03-celebrating-samsung-cts-80-year-journey-innovation\/\" \/>\n<meta property=\"og:site_name\" content=\"Samsung C&amp;T Newsroom\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-22T07:08:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-24T09:50:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news.samsungcnt.com\/en\/wp-content\/uploads\/sites\/3\/2018\/03\/294x235_thumb-5.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"294\" \/>\n\t<meta property=\"og:image:height\" content=\"235\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Samsung C&amp;T Global PR Manager\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Samsung C&amp;T Global PR Manager\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/news.samsungcnt.com\/en\/features\/corporate-sustainability\/2018-03-celebrating-samsung-cts-80-year-journey-innovation\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/news.samsungcnt.com\/en\/features\/corporate-sustainability\/2018-03-celebrating-samsung-cts-80-year-journey-innovation\/\"},\"author\":{\"name\":\"Samsung C&amp;T Global PR Manager\",\"@id\":\"https:\/\/news.samsungcnt.com\/en\/#\/schema\/person\/7c21bf3897113ac1b49ed07b1d871d08\"},\"headline\":\"Celebrating Samsung C&#038;T\u2019s 80-year Journey of Innovation\",\"datePublished\":\"2018-03-22T07:08:01+00:00\",\"dateModified\":\"2023-02-24T09:50:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/news.samsungcnt.com\/en\/features\/corporate-sustainability\/2018-03-celebrating-samsung-cts-80-year-journey-innovation\/\"},\"wordCount\":491,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/news.samsungcnt.com\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/news.samsungcnt.com\/en\/features\/corporate-sustainability\/2018-03-celebrating-samsung-cts-80-year-journey-innovation\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2018\/03\/294x235_thumb-5.jpg\",\"keywords\":[\"80-year journey of innovation\",\"corporate anniversary\",\"history\",\"history of samsung c&amp;t\",\"innovation\",\"legacy\",\"Resort Group\",\"samsung c&amp;t\",\"Samsung C&amp;T 80 year anniversary\",\"Samsung C&amp;T Construction Group\",\"Samsung C&amp;T E&amp;C Group\",\"Samsung C&amp;T Fashion Group\",\"Samsung C&amp;T T&amp;I Group\",\"Samsung C&amp;T Trading Group\",\"Samsung Sanghoe\",\"success\"],\"articleSection\":[\"Corporate &amp; Sustainability\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/news.samsungcnt.com\/en\/features\/corporate-sustainability\/2018-03-celebrating-samsung-cts-80-year-journey-innovation\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/news.samsungcnt.com\/en\/features\/corporate-sustainability\/2018-03-celebrating-samsung-cts-80-year-journey-innovation\/\",\"url\":\"https:\/\/news.samsungcnt.com\/en\/features\/corporate-sustainability\/2018-03-celebrating-samsung-cts-80-year-journey-innovation\/\",\"name\":\"Celebrating Samsung C&T\u2019s 80-year Journey of Innovation - 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