mmm...without getting into a detailed history lesson on chaebols (both documented and undocumented), samsung will still be one of korea's pride a joy..bribery or not. bribery is pretty rampant in korea as is other emerging market countries. the distinction is that in developed countries they are called "lobbying" or "wife and children on campaign payroll"
I beg to differ While Sammy may have been the pride and joy 5 years ago, things have changed quite a lot, especially recently. After numerous successive allegations of corruption, the public opinion of sammy is not all too well
I'm with TRLK on this. I asked Korean's whart phone to buy and they flat-out samsung was overpriced junk. They said LG was okay, but seemed to think anything japanese was the way to go. It's weird seeing this mentality too. LG, and Samsung, are everywhere but they all seem to want Sony, and Fuji everything.
I agree, this is typical in Korea. Every time there's a power shift in government they clean house. Any company that's not backing them will be under the scope. Hyundai, Daewoo, Samsung, LG, it's like a merry-go-round. Who's next?
Reader Comments (Page 1 of 1)
Austin Lee @ Apr 7th 2008 3:18AM
mmm...without getting into a detailed history lesson on chaebols (both documented and undocumented), samsung will still be one of korea's pride a joy..bribery or not. bribery is pretty rampant in korea as is other emerging market countries. the distinction is that in developed countries they are called "lobbying" or "wife and children on campaign payroll"
OGHowie @ Apr 7th 2008 4:15AM
So true.
TRLK @ Apr 7th 2008 5:45AM
I beg to differ
While Sammy may have been the pride and joy 5 years ago, things have changed quite a lot, especially recently.
After numerous successive allegations of corruption, the public opinion of sammy is not all too well
Isak? @ Apr 7th 2008 7:28AM
I'm with TRLK on this. I asked Korean's whart phone to buy and they flat-out samsung was overpriced junk. They said LG was okay, but seemed to think anything japanese was the way to go. It's weird seeing this mentality too. LG, and Samsung, are everywhere but they all seem to want Sony, and Fuji everything.
Samsung is on the edge.
ekwmin @ Apr 7th 2008 11:43AM
I agree, this is typical in Korea. Every time there's a power shift in government they clean house. Any company that's not backing them will be under the scope. Hyundai, Daewoo, Samsung, LG, it's like a merry-go-round. Who's next?