Samsung runs South Korea

There are three things South Koreans cannot avoid: death, taxes and Samsung.The Samsung Group, the country’s largest conglomerate, runs hospitals where Koreans are born, apartments for raising families, funeral halls for deaths and just about everything else in between.

Best known for Samsung Electronics, the world’s top maker of LCD screens and memory chips, the Samsung Group had sales in 2006 of $159 billion, about equal to one-sixth of the country’s gross domestic product.

With almost 60 affiliates, it accounts for about one fifth of the country’s exports and stock market value. (story)

0 Responses to “Samsung runs South Korea”

  1. Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 29 other followers

Technorati – Blog Search

Add to Technorati Favorites

submit express


%d bloggers like this: