Samsung is the Korea’s largest conglomerate and consists of more than 60 companies. The revenues in 2012 were USD 268 billion, which corresponds to 23% of Korea’s GDP. The largest business area is Samsung Electronics (61% of revenues), with products such as mobile phones, tablets, television sets and semiconductors. Apart from Electronics, Samsung runs many other businesses ranging from ship building to insurance, financing, hotels and hospitals. As part of our Korea Business Programme, we visited Samsung Engineering. The company has 8,000 employees and design and construct processing plants, such as refineries, desalination plants and power plants.
Learning from a tiger Korea is an economic miracle. The growth during the past 40 years has been remarkable and the country is one of the, so called, Asian tigers. Is it possible to learn from Korea? Yes, it certainly is. After half a year of preparations, we are now in Korea where we run a six-day Korea […]