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echo: locuser
to: Bill Grimsley
from: Bob Lawrence
date: 1996-05-23 08:35:40
subject: hot prices

BG> Okay, let's start again. From the POV of their respective
 BG> electronics divisions, I believe Samsung to be the biggest
 BG> company. Happy now? :) 

 BL> ROFL! Does this mean you admit I was right?

 BG> Dunno, I thought you were specifically discussing the
 BG> electronics side of these companies. Mitsubishi also makes
 BG> supertankers, trains, planes, cars, etc., but I don't take that
 BG> into consideration when comparing them with other companies who
 BG> only manufacture electronics. 

  Actually, no Korean company manufactures only electronics. Samsung
makes shirts too. It was Korean-government policy after the war to set
up these monstrous diversified Chaebols, like the Japanese zaibatsu.
In Japan, Toshiba and Sony come close to an electronics-only company,
but nothing like that exists in Korea.

 BL> Actually, I'm not sure which is the bigger in electronics.
 BL> Goldstar is pretty big.

 BG> There was an article in the paper within the last few months,
 BG> which gave hard figures relating to the Korean "new boys on the
 BG> block", and I'm almost certain that Samsung's net worth was the
 BG> highest (and by quite a bit too). 

  In Korean chaebols, electronics is the least of it. From memory, 
Samsung smelts steel too.

Regards,
Bob
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