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Monthly Archives: March 2011
Japan Quake Spells Trouble for Korean Industries
Coyner’s Comment: Here are some hard numbers that illustrate how intertwined the Korean and Japanese economies have evolved. Japan Quake Spells Trouble for Korean Industries Samsung Economic Research Institute Mar. 28, 2011 Click here to read article and view graphs.
Posted in Doing Business in Korea, Japan, S Korea Economy, Trade
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Samsung’s Galaxy Tabs Aren’t iPad 2 Killers: 10 Reasons Why
Coyner’s Comment: One may not agree with all ten reasons below, but the comparison illustrates one of the remaining fundamental problems with Korean companies. That is, Korean companies still tend to follow global markets rather than make new markets. To … Continue reading
Posted in Doing Business in Korea, S Korea Economy, Selling, Society, Technology, Trade, USA
Tagged Apple, business, chaebol, consumer electronics, internationalization, Korea, localization, Samsung
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General Electric’s Ecomagination Chief Goes to Samsung
Coyner’s Comment: The below, though a nice PR piece, unintentionally raises the ongoing concern of hiring foreign executives into large Korean companies. At year’s end 2010, LG failed spectacularly in employing foreigners by canceling the employment contracts of their Seoul-based … Continue reading
Posted in Doing Business in Korea, S Korea Economy, Technology, Trade, USA
Tagged employment, foreign executive, globalization, green energy, South Korea
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Korea’s Coming Tsunami
Coyner’s Comment: Shim Jae Hoon is well respected as one of the grand dons of international journalism in South Korea. Though semi-retired, he still actively writes thought-provoking opinion pieces that are highly regarded in various newspapers and magazines. He also … Continue reading
Posted in Coyner's Op-Ed Essays, Japan, S Korea Economy, S Korean Politics, Society
Tagged aid, disaster, earthquake, government, Japan, North Korea, refugee, South Korea, trade, tsunami
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The “Libya Model” & What’s Next in N Korea / Libyans should have kept nukes, says Pyongyang
Coyner’s Comment: The Jasmine Revolution of North Africa has shown in many ways what a global village we have become. Tyrants have proven to be remarkably thin skinned in all of this. So it comes as no surprise that the … Continue reading
Posted in Defense, North Korea, S Korean Politics, USA
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SEC Sues IBM Alleging China, Korea Bribes
Coyner’s Comment: By today’s standards, given the length of the time period, the alleged Korean bribes are peanuts by Korean standards. Nonetheless, American companies and their subsidiaries are held to a very high and demanding standard by the US Federal … Continue reading
Posted in China, Doing Business in Korea, Society, Technology
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Korean SMEs Already Feeling Crunch from Japan Turmoil
Coyner’s Comment: Sometimes it takes calamitous events to drive home subsurface realities. One of these reckonings is the remarkable cross border integration of economies. Just as the Koreans take delight in pointing out Korean components found within iPhones and iPads, … Continue reading
Posted in Japan, S Korea Economy, Technology, Trade
Tagged earthquake, Japan, SME, South Korea, trade, tsunami
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North Korea’s Digital Underground
Coyner’s Comment: This article provides a unique and fascinating insight into North Korean life as well as N Korean refugees are trying to disseminate information to and from their native land. Those broadcasting into N Korea seem to be wise … Continue reading
Posted in Defense, North Korea, Technology, Trade
Tagged DPRK, human rights, journalism, Kim, Kim Jong-il, North Korea, propaganda, South Korea
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Working at the Top in SK Group: An Insider’s Story
Coyner’s Comment: Rarely does a western manager or executive succeed for over two years in a Korean company. Some survive longer, but most quit or are let go with 24 months. Even in this slightly dated interview, Dr. Myers refers … Continue reading
Posted in Doing Business in Korea, S Korea Economy, Society, USA
Tagged chaebol, executives, expatriate, foreigner, globalization, HR, internationalization, management, South Korea
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Even Anti-Japanese S Korean Groups Join the Aid Bandwagon
Coyner’s Comment: During the weekend following Friday’s Japanese disaster, my perspective of the Korean reaction was pretty well confined to local television and what about my Korean wife was fuming during her cruising of some of major Korean blogs. From … Continue reading
Posted in Japan, S Korean Politics
Tagged aid, anti-Japanese, earthquake, Japan, rescue, South Korea, tsunami
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