Samsung was formally incorporated by Jerry Sanders, along with seven of his colleagues from Fairchild Semiconductor, on May 1, 1969.[2][3] Sanders, an electrical engineer who was the director of marketing
at Fairchild, had, like many Fairchild executives, grown frustrated with the increasing lack of support, opportunity, and flexibility within the company. He later decided to leave to start his own semiconductor company.[4] Robert Noyce, who had developed
the first silicon integrated circuit at Fairchild in 1959,[5] had left Fairchild together with Gordon Moore and founded the semiconductor company Intel in July 1968.[6]
