Samick

Samick Musical Instruments Co., Ltd. (Hangul: 삼익악기KRX: 002450, also known as Samick) is a South Korean musical instrument manufacturer. Founded 1958, it is one of the world's largest musical instrument manufacturers and an owner of shares in several musical instrument manufacturing companies.

Samick
IndustryMusical instruments
Founded1958 (1958)
FounderLee Hyo-Ik
Headquarters
Eumseong County
,
South Korea
Area served
Worldwide
ProductsPianos, string instruments, and wind instruments
Brands
Websitesmcmusic.com
Typical Samick electric bass guitar.

Apart from its own brand, Samick manufactures musical instruments through its subsidiary brands such as Wm. Knabe & Co., Pramberger, Kohler & Campbell, and Seiler (pianos), Greg Bennett, Silvertone, Stony River, and San Mateo (guitars).

Operations

In 1992, Samick built its P.T. Samick factory in Cileungsi, near Bogor, Indonesia. This factory produces the majority of instruments that Samick makes.

North American operations are performed from its newly constructed (completed July 2007) North American Corporate Headquarters, located in Gallatin, TN. This 214,000 sq ft (19,900 m2) facility is responsible for all administrative activities for the North American market, as well as acting a distribution center for its guitars and acoustic/digital pianos. The facility recently began the manufacture of a small number of acoustic pianos, which will be sold under the Knabe brand.

Guitar manufacturing and OEM supply
A Greg Bennett Avion AV1 with a Roland Cube 15x amp.

Samick guitars are manufactured under different brand names and made by a number of different makers, including Greg Bennett and J.T. Riboloff (a former luthier at Gibson).[1] Some other Samick-built guitars are sold under Squier, Epiphone, Washburn, Hohner, Silvertone, and other brands.

Greg Bennett Guitars

Around 2011 American luthier Greg Bennett desiged a line of guitars for Samick. The guitars have pickups designed by Seymour Duncan, machine heads from Grover, and bridges by Wilkinson. Woods used include ovangkol and ebony from Africa, rosewood from India, and rock maple from North America. Instruments under the Greg Bennett label are electric, acoustic and archtop guitars, electric and acoustic basses, mandolins, banjos, ukuleles and autoharps. [2]

Piano manufacturing and brand management

Samick also has a wide range of pianos. Its acoustic piano brands include Samick, Pramberger, Wm. Knabe & Co., Kohler & Campbell, and Gebrüder Schulze; and it has digital piano brands of Kohler, Samick Digital, and Symphonia. Samick recently announced the discontinuation of the Sohmer & Co. brand.

In 2004, Samick gained controlling interest in competitor Young Chang, but an antitrust rulings in the U.S. and Korea ended the merger a year later.[3] From 2003 to 2009 Samick was associated with German C. Bechstein Pianofortefabrik.

In addition, Bechstein and Samick have a joint venture factory in Shanghai, China. In October 2008, Samick announced its purchase of Seiler, another German piano company, that is generally agreed to compete with Bechstein at both price point and overall quality. The announcement raises questions about continued viability of relationship between Samick and Bechstein.

In late 2009, Samick acquired a 16.5% share of Steinway Musical Instruments. By November 2010, Samick's share in Steinway Musical Instruments increased to 32%.[4]In 2013, John Paulson outbid Samick when Steinway and Sons was taken private.[5]

gollark: Doesn't it just segfault at some point?
gollark: It was more elegance™ to just make it able to do tail-call optimization.
gollark: I actually stole this particular quicksort from a r/haskell post talking about it.
gollark: ```lisp (let (partition_rec xs pred acc) (cond ((= xs '()) acc) (true (partition_rec (tail xs) pred (cond ((pred (head xs)) (list (cons (head xs) (head acc)) (snd acc))) (true (list (head acc) (cons (head xs) (snd acc)))) ))) )) (let (qsort xs cont) (cond ((= xs '()) (cont '())) (true (do (let h (head xs)) (let t (tail xs)) (let part_result (partition_rec t (lambda (x) (< x h)) '(() ()))) (qsort (head part_result) (lambda (ls) (qsort (snd part_result) (lambda (rs) (cont (+ ls (list h) rs)))))) )) ))```These all have to be done tail recursively or it could overflow.
gollark: Continuation passing style quicksort in a hilariously slow interpreter.

References
  1. "JT Riboloff". Vintage Guitar. Retrieved 2 February 2012.
  2. "About Greg Bennett". Greg Bennett Guitars. Samick. Retrieved 12 November 2011.
  3. Fine, Larry. (editor.) Acoustic and Digital Piano Buyer. Fall 2010. p. 193.
  4. Snowdown, Ross. "Snooker baize firm pockets £1m orders in China." Yorkshire Post, 15 November 2010.
  5. Murphy, Lauren S.; Xu, Jodi (14 August 2013). "Steinway Agrees to Be Bought by Paulson for $512 Million". Bloomberg News.
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