Why Do Koreans Have Mixed Feelings About Chaebols?

Discover why many Koreans have both pride and concerns about chaebols. Learn how family-owned business groups shaped Korea's economy while also becoming part of ongoing social debate.

Discover why many Koreans have both pride and concerns about chaebols. Learn how family-owned business groups shaped Korea's economy while also becoming part of ongoing social debate.

Discover how Samsung Electronics influences South Korea's economy through exports, semiconductors, employment, the stock market, and global competitiveness.

A simple guide to the biggest companies in South Korea, including Samsung, Hyundai, SK, LG, POSCO, Hanwha, and how they shape Korea's economy.

The History, Culture, and Business Structure Behind Korea’s Largest Companies When people think about South Korea, they usually think of global brands like Samsung, Hyundai, LG, and SK. These companies have become household names around the world. What surprises many…

A Beginner’s Guide to Korea’s Family-Controlled Business Groups South Korea is home to some of the world’s most recognizable companies. Samsung, Hyundai, LG, SK, and Lotte have become global brands, selling everything from smartphones and cars to batteries, ships, and…

Samsung is often called a company. But in economic terms, it can look more like a small country. Introduction Most foreigners know Samsung as the company that makes smartphones, TVs, and home appliances. In Korea, however, Samsung means much more…

Samsung is not just a company. For many people, it is part of Korea’s economic story. When foreigners think of Korean companies, one name usually comes first. Samsung. But in Korea, Samsung is not just an electronics company. It is…

Samsung Is More Than Just a Company If you ask people outside Korea what Samsung is, most will give a simple answer. “Isn’t it the company that makes Galaxy smartphones?” That’s not wrong. In fact, I once had a funny…

Jeonse has long been one of the core pillars of Korea’s housing system. For many Koreans, it was not just a rental contract. It was a stepping stone toward home ownership. A family could live without paying monthly rent, save…

Imagine telling someone in New York, London, or Berlin that renting an apartment requires depositing hundreds of thousands of dollars with a landlord. Most people would assume it is a scam. Yet in Korea, this arrangement has existed for decades…