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Monday, June 06, 2005

Seoul 'R Samsung

The impact of Samsung on the Korean economy is very evident in Seoul. The “Samsung” logo can been seen on the side of countless number of buildings, aside from a subway station named after Samsung, the hotel I am staying in -- Shilla Hotel is also owned and operated by Samsung! I was told that Samsung has its tentacles not only in the customer electronics, semiconductors industries, they are also a major contributor in industries such as heavy equipments!

When a company gets large in US, people panic, and the government steps in with their lawyers and regulations. It might be the same case here in Korea, but I doubt it, seems like people are proud of have a such huge and influential company in their backyard.

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