- Samsung began as a small noodle business.
- Account for 13% of South Korea’s exports.
- Samsung Electronics started out making transistor radios.
- Now is world’s biggest technology firm (sales)
- Only IBM earns more patents in America.
- Managers care more about long-term growth than short-term profits.
- Family control is guaranteed by a complex web of cross-shareholdings.
- Harder for shareholders to oust chairman in case of under-performance.
http://www.economist.com/node/21530984?fsrc=scn/tw/te/ar/asiasnewmodelcompany
http://www.economist.com/node/21530976
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