Samsung Precision Ind. Co. Ltd. was started by Our Honble chairman Mr Pyo in the year 1979. He pioneered the furniture hardware business in Korea and kickstarted the Industry by Developing and patenting the first hinge mechanisms in Korea. His inventions became so successful that the company was catapulted and became the fastest growing company and won awards after awards from the korean government. In 1995, IREX brand name was introduced and registered by Samsung Precision.