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I think there's a good comparison to make to other tech industries. LG, Samsung, etc. used to just be memory manufacturers, or just display panel makers, but ov
by bane 10y ago
I think there's a good comparison to make to other tech industries. LG, Samsung, etc. used to just be memory manufacturers, or just display panel makers, but over time they've come to make all the parts of computing devices and now are major competitors to older, more established players.
AFAIK, LG doesn't get involved in medium and heavy industries like ship building, but Samsung (now Samsung-Renault) has made cars in the past. Knowing that the Chaebols like to use a "fast-follow" approach, once electric cars become commonplace, it would be a fairly small lift for any given Korean car maker (Hyundai/Kia, Samsung, etc.) to engage with the existing supply chain and just put some product out.