Samsung Pushes Colossal Development in South Korea

Thursday, March 28, 2013

As the North Korea's leader Kim Jong-Un continues to exercise his power, South Korea is pushing forward on another, business-related front. The country is home to the world's largest smartphone maker, and its influential economic leader, Lee Kun-Hee.

Lee Kun Hee may not be a household name in the United States, at least in comparison to his former Apple contender Steve Jobs, however, his influence is felt at Apple, Sony and without a doubt, in the homes of many Americans.

Over 75 years of business, Samsung is privy to the tactics needed to stay relevant while keeping competitors on their toes. For example, recent ads by the company mock Apple fans waiting in line to buy the iPhone, portraying them as old and outdated.

Sam Grobart, senior writer at Bloomberg Businessweek, explores the rise of the business in his latest piece and weighs the effects of Samsung as a company, and looks at the corporate practices that keeps it a competent contender in the race of greatest electronics.

Sam Grobart, senior writer at Bloomberg Businessweek (Alex Johnson/WNYC)

Guests:

Sam Grobart

Hosted by:

Todd Zwillich

Comments [2]

C Webb

If the cringe-worthy debacle at Radio City showed us anything it's that Samsung is likely a perpetual also-ran in the top tier of tech. Sure they crank out millions of feature, err, I mean "smart" phones and spend lavishly on PR and ad buys, but at the end of the day they're simply fast-followers and copiers of the true tech leaders like Apple, Google, and others. The embarrassing S4 party in Manhattan pulled the curtain back on their corporate DNA, and effectively revealed the fact that they lack the real core of what drives innovation at the top companies. In short, they're pretty good at aping what the visionaries are doing, but if you look closely you'll just see a guy in a cheap monkey suit.

Mar. 28 2013 06:13 PM
Larry Fisher from Brooklyn, N.Y.

North Korea needs a new phone company like Samsung to fight the new modern day war...

What is it with Koreans and controlling people and leaders who are worshiped like Gods? I lived in Queens when Sun Young Moon first moved his first housing in Flushing. Strange cult like behavior seems to go hand in hand with Koreans.
Apparently, a lot of Korean owned stores were first funded by Moon Money, can you report on this.

Mar. 28 2013 04:03 PM

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