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Samsung Electric Industries was established as an industrial part of Samsung Group on 13 January 1969 in Suwon, South Korea. [17] At the time, Samsung Group was known to the South Korean public as a trading company specialized in fertilizers and sweeteners.
Outsourcing is a business practice in which companies use external providers to carry out business processes that would otherwise be handled internally, [1] [2] [3] Outsourcing sometimes involves transferring employees and assets from one firm to another.
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