Linked by Thom Holwerda on Mon 10th Dec 2012 16:30 UTC
In the News "So sprawling is Samsung's modern-day empire that some South Koreans say it has become possible to live a Samsung-only life: You can use a Samsung credit card to buy a Samsung TV for the living room of your Samsung-made apartment on which you'll watch the Samsung-owned pro baseball team. Samsung is South Korea's greatest economic success, and, more recently, the subject of major controversy. Economists, owners of small- and medium-size businesses, and some politicians say Samsung no longer merely powers the country but overpowers it, wielding influence that nearly matches that of the government." Campaign contributions, moles in political offices and chambers, this Samsung stuff - this is what happens when companies are left unchecked. It's cute if you think this only happens in Korea. Much of it all is legal, but that doesn't make it right.
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Comment by neticspace
by neticspace on Mon 10th Dec 2012 16:55 UTC
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As a person living in South Korea, it's very sad to see Samsung's nasty rise. Lee Myung-bak (South Korea's corrupt president) is the main culprit of making Samsung into a mega-monster that literally disrupted the world market in electronics. For anyone interested, he also made policies that destroyed South Korea's software industry.

This is why I'm a devoted LG fan. Compare to the less controversial LG, Samsung is a very unethical company that is supported by the sketchiest South Korean conservative politicians and financial authorities.

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