--- description: Find out why Samsung was selected for the inaugural list title: TIME100 Most Influential Companies 2021: Samsung image: https://static.time.com/v3/assets/bltea6093859af6183b/blt36ecb634f44960bf/698a18e6b3fce30f830c7dc8/samsung-time100-companies.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9 --- Apr 26, 2021 # Samsung Dominating electronics by [Amy Gunia](/author/amy-gunia/) ## Amy Gunia Update your preferences in [Account Settings](/account/preferences/) Close Gunia was a reporter for TIME based in Hong Kong.  The Samsung Electronics Co. semiconductor manufacturing plant in Gyeonggi Province, South Korea on Dec. 16, 2019. The Samsung Electronics Co. semiconductor manufacturing plant in Gyeonggi Province, South Korea on Dec. 16, 2019.SeongJoon Cho—Bloomberg/Getty Images The fate of one of Asia’s largest economies is closely tied to [Samsung](https://time.com/tag/samsung/ "undefined")—its 2019 revenue was equivalent to some 13% of South Korea’s GDP. Amid a rise in remote work and schooling, its crown jewel, Samsung Electronics, one of the world’s biggest producers of chips and smartphones, was essential. The company’s South Korean–listed shares soared around 50% in 2020\. And even as the company faces internal tumult—in January, its de facto leader, Lee Jae-yong, was sent back to prison on charges stemming from a political bribery scandal—it remains the world’s leading TV vendor, with a market share of 31.9%. ```json [{"@context":"https://schema.org","@type":"Article","@id":"https://time.com/collections/time100-companies/5950049/samsung/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/collections/time100-companies/5950049/samsung/"},"headline":"Samsung","datePublished":"2021-04-26T16:51:34.000Z","dateModified":"2026-03-02T23:49:00.880Z","description":"","url":"https://time.com/collections/time100-companies/5950049/samsung/","keywords":["Lists","franchise","TIME100 Companies"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/blt36ecb634f44960bf/698a18e6b3fce30f830c7dc8/samsung-time100-companies.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"Amy Gunia","jobTitle":"Gunia was a reporter for TIME based in Hong Kong.","url":"https://time.com/author/amy-gunia/"}],"creator":"Amy Gunia","articleSection":"","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/blt36ecb634f44960bf/698a18e6b3fce30f830c7dc8/samsung-time100-companies.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"https://time.com/collections/time100-companies/5950049/samsung/","name":"Samsung"}}]}] ```