Samsung Electronics is the largest electronics industry enterprise in Korea, and also the largest subsidiary of Samsung Group. It was founded in March 1938 in Daegu, South Korea, and was founded by Lee Bingtao. The current president is Li Jianxi, the vice president is Li Zairong and Quan Wuxuan, the president is Cui Zhicheng, and the chief executive is a co-CEO composed of Quan Wuxuan, Shen Zongjun and Yin Fugen.