Samsung Group is a South Korean group of companies, one of the largest chaebol, founded in 1938. It is known as a manufacturer of high-tech components, including the full-cycle production of integrated circuits, telecommunications equipment, home appliances, audio and video devices in the world market. The Head Office of the company is located in Suwon.
Samsung Electronics Co. Ltd. is the world technology leader in the field of semiconductors, telecommunications equipment and digital convergence, sales of which in 2007 amounted to 105 billion USD. Samsung Electronics employs 150 thousand people in 134 offices in 62 countries. The company consists of two divisions: Digital Media & Communications and Device Solutions. Samsung Electronics, recognized as one of the fastest growing brands in the world, is a leading manufacturer of digital TVs, memory cards, mobile phones and TFT-LCD monitors. In 2008, the company won the Grand Prix of the Brand of the Year/Effie contest in the New Name nomination (Duos phone), and in 2009 received three Prizes of the Product of the Year (LED TVs of the 7,000 series and the mini WiTuPC notebook).
In 2017, Technic Globe JV LLC was established, which is engaged in production of TVs under Samsung brand, with an authorized capital of 9,436,939,900 UZS. The plant is located in Nukus city. The annual production capacity is 150 thousand pieces. 200 jobs are created. The project cost amounted to 6.0 million USD.