![]() 1996: The company declares bankruptcy and begins to sell-off its diversified operations to refocus on musical instruments. 1988: Samick goes public, listing on Seoul stock exchange, and acquires Kohler & Campbell piano brand. 1987: Samick Musical Instrument Development Institute is formed as a part of a research and development investment campaign the company begins production of digital pianos. subsidiary and launches Korean-American Musical Instruments Co joint-venture with Baldwin Piano & Organ Co. 1979: Samick opens an automated guitar-production facility. 1978: A branch office in Los Angeles is opened. 1965: Samick begins production of acoustic guitars as part of its diversification into the broader musical instruments market. 1960: Samick begins production of upright pianos using imported parts. as an importer of Baldwin pianos for the Korean market. Key Dates: 1958: Hyo Ick Lee founds Samick Piano Co.
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