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Samsung’s Dominance and the Economy of South Korea

It isn’t hard to argue that South Korean chaebol Samsung is a dominant force in electronics: In spite of litigation with US-based giant Apple, Samsung’s annual operating profit was 85.8% higher in 2012 than in 2011 with record sales of smart phone handsets making Samsung’s market capitalization equal to the next 9 Korean companies underneath it combined. Nonetheless, […]

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