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He mixed that up with Chinese corporations. Korean chaebols are more like "state endorsed monopolies". Or state "you can get away with almost anything corporati
by mathverse 4y ago
He mixed that up with Chinese corporations. Korean chaebols are more like "state endorsed monopolies". Or state "you can get away with almost anything corporations because you make a large chunk of our GDP and employ a lot of people".
That said...I would bet on koreans too.
- jeffbee 4y agoI'm not mixed up but I guess I should have said state-controlling instead of state-controlled. The chaebols are running the place, that's why they won the DRAM wars. Batteries, same thing. And I was referring to LG Chem, not Hyundai.