The Samsung Group was founded in 1938 by Lee Byung-chul. It was incorporated in 1951 as Samsung Corporation.
Samsung Electronics was founded in 1969 in Daegu, South Korea as Samsung Electric Industries originally manufacturing electronic appliances such as TVs, calculators, refrigerators, air conditioners and washers. By 1981, the company had manufactured over 10 million black and white TVs. In 1988, it merged with Samsung Semiconductor & Communications. Percy's carries Samsung LCD Flat Panel TV's, Samsung Plasma HDTV's, Samsung DLP Rear Projection TV's, Samsung Blu Ray Players, & Samsung Home Theater.