The famous Korean electronics producer, Samsung, started its journey as a grocery trading store in 1938. Lee Byung-Chull began the business by trading domestically-produced goods and exporting them to China. Soon, the company expanded to include textiles and heavily focused on industrialization. In the 1970s, it invested in petrochemical and similar industries and slowly stepped into the electronics industry. The 80s saw an explosion in its technology business; the rest is history.