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Samsung Lesser Known Facts

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Samsung, the South Korean multinational corporation, is one of the biggest names in the technology industry.  Founded in 1938 by Lee Byung Chul, the Company has become a powerful brand. Here are some lesser known facts about the 14th largest technology company of the World.

Samsung lesser known facts 

1) Samsung is a Korean name, given to the Company by its founder Lee Byung Chul.  The meaning of the name in Korea is Sam (three) and Sung (star,) which together form tri-star.  Three in Korean culture represents something that is “big, numerous and powerful,” which the Company has grown to become.

2) In the beginning, Samsung sold dried fish, locally grown groceries and noodles.  It was in the 1970s, almost 3 decades after its foundation, Samsung manufactured its first electrical product—a 12 inch black and white TV.

3) Samsung helped the South Korean Air Force by building the Country’s first ever fighter jet, the KF-16.

4) The Company has 7,670 U.S., patents, more patents than any other company worldwide.

5) Samsung, apart from being a part of the technology industry, has its presence in several different industries.  Samsung’s construction division built the world’s tallest building, the Burj Khalifa in Dubai.

6) In 2016, Samsung partnered with Six Flags, an amusement park corporation, to create the first virtual reality (VR) roller coaster in North America, using Samsung VR equipment. 

7) Samsung, in collaboration with Korea University, built a sentry gun, SGR-A1, which helps the South Korean military in the Korean Demilitarized Zone (DMZ.)  The equipment is highly sensitive and has an integrated system which includes surveillance and voice recognition.  Due to the project being “highly classified,” the exact number of sentry guns deployed in the DMZ is unknown.

8) Samsung’s chairman Lee Kun Hee went on a three day long rant in front of Samsung executives at a German hotel.  The Company took his rant and turned it into a management book.

Which of these lesser known facts about the world’s biggest technology company surprised you the most?  Comment below and let us know.

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Entrepreneur Stories

PixelSky Capital Unveils INR 400 Crore Secondaries Fund

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Startup Stories

Bengaluru-based investment bank IndigoEdge, in partnership with entrepreneur Hitesh Ahuja, has launched PixelSky Capital, a secondaries fund targeting INR 400 crore. The fund will invest in eight late-stage tech and consumer companies expected to go public within three to four years, with cheque sizes of INR 40–50 crore each. PixelSky has already invested in beauty retailer Purplle and aims to close a second deal by June 2025.

 

The fund focuses on secondary transactions, allowing existing shareholders to sell stakes to new investors, providing liquidity ahead of IPOs. Founders have committed INR 10–15 crore, with additional capital coming from domestic family offices and startup founders. Final close is expected by March 2026.

 

Led by Hitesh Ahuja, who sold his foodtech startup Yumlane in 2023, and IndigoEdge cofounder Zerin Rahiman, PixelSky marks IndigoEdge’s expansion from advisory and proprietary investments into fund management. The firm has facilitated over 150 transactions worth around $3 billion and invested INR 25–30 crore as a limited partner in multiple VC funds. PixelSky is currently evaluating about 20 companies before finalizing its portfolio

 

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Meta’s Upcoming AR Glasses: A Sneak Peek

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Meta is developing its first true AR glasses, set to launch in 2027. Before the public release, employees will test the device starting in 2024. The company is also releasing new generations of Ray-Ban smart glasses in 2023 and 2025 with enhanced features like a “viewfinder” display.

Specifications and Features

The AR glasses are expected to feature OLED displays and Qualcomm Snapdragon chipsets, offering sophisticated AR and AI capabilities. They will enable users to interact with virtual objects and project high-quality holograms of avatars onto the real world.

Design and Competition

Meta aims for a sleek design, potentially building on its Ray-Ban partnerships. The AR glasses market is competitive, with Apple and Google also investing heavily. Meta seeks to make its AR glasses a game-changer by offering a unique user experience.

Future Plans

In addition to AR glasses, Meta is expanding its VR offerings with new headsets like the Quest 3 and exploring other wearable technologies. The company is focused on reducing costs to make the AR glasses more consumer-friendly by launch.

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From Digital Wallet to Stock Market: MobiKwik Expands Its Horizons with New Brokerage Venture

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From Digital Wallet to Stock Market: MobiKwik Expands Its Horizons with New Brokerage Venture

MobiKwik is venturing into the stock broking sector with the launch of its subsidiary, MobiKwik Securities Broking Private Limited (MSBPL), following approval from the Ministry of Corporate Affairs on March 3, 2025. This move aims to diversify MobiKwik’s offerings beyond its core digital payments services and compete with established players like Zerodha and Groww.

MSBPL will provide a range of brokerage services, including trading in shares, securities, commodities, and derivatives. The subsidiary has an initial capital of Rs 1 lakh, with plans for an additional Rs 2 crore investment to support its operations.

As MobiKwik enters this competitive market, it brings a substantial user base of 172 million and a merchant network of 5 million. Despite recent financial challenges, including a reported loss of Rs 55.2 crore in Q3 FY25, the company aims to leverage its existing infrastructure and user engagement to capture a share of the growing investment technology market, projected to reach $74 billion by 2030.

This strategic expansion aligns with MobiKwik’s broader goals of enhancing its financial service

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