It’s funny, the story really doesn’t address the question with a well defined answer but it doesn’t really matter. The beauty of the story is the amount of hustle by the Korean-Americans & internationally minded Korean nationals trying to reconquer the old-school Chaebol powered Korea.
If it means sleeping on a futon next to your desk for a year to win then so be it. I’d do it in a heartbeat.
“In South Korea, it’s considered taboo to criticize the chaebols, they hold very close to absolute power.”
- Samsung’s TV manufacturing business has nearly doubled in size since 2006
- the world’s biggest seller of TV sets
- Closing in on 20% global market share in TV unit sales, a threshold not reached by any manufacturer since the earliest days of the industry more than 60 years ago.
- The second-largest maker, LG Electronics Co. had 14.8% market share
- This year, LCD and plasma models (from Samsung) are expected to ship 39 million models.
It’s interesting to read about an industry leader in the field of electronics who manufactures all their own products. Will Sony ever get back into the manufacturing game?
Lee Min Ho (via aBbYhaLO)
Dunkin’ Donuts in Korea is advertised in a slightly different way. Slightly.
“Students reserve seats in the library, check their grades and even pay for the washing machines in the dormitory with their mobile phones. The shift began in 2002, when the school authorities found that 98 out of every 100 students had mobile phones.”