Samsung Electronics is a South Korean multinational company that specializes in the manufacturing of lithium-ion batteries, semiconductors, chips, flash memory and hard drive devices. It is engaged in consumer electronics, information technology and device solutions businesses worldwide. Founded in 1969, it is now the world’s largest manufacturer of mobile phones and smartphones. It has assembly plants and sales networks in 80 countries and employs around 370,000 people. It is headquartered in Suwon, South Korea.