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Side question, are Samsung Electronics and Samsung Appliances really like 2 different companies under a Samsung umbrella in SK or are they actually the same com

Side question, are Samsung Electronics and Samsung Appliances really like 2 different companies under a Samsung umbrella in SK or are they actually the same company with employees being able to be assigned / move from group to group? Same question for LG I suppose.

pjerem 2y ago
Samsung is a gigantic conglomerate of hundreds of companies. They also make cars, houses, entertainment, healthcare services, chemicals and of course, yes, shipbuilding. In the occidental world, we only see a small portion of the iceberg. So I’d say it’s pretty unlikely that employees are frequently assigned from group to group. Maybe it’s possible as a big career change but even that seems unlikely.
- komadori 2y ago
  When I visited South Korea some years ago, I took a delightful photograph of bag of Samsung-branded kimchi.
  - ytdytvhxgydvhh 2y ago
    I wonder if it would go well with some Volkswagen sausage. https://en.m.wikipedia.org/wiki/Volkswagen_currywurst https://en.m.wikipedia.org/wiki/Volkswagen_currywurst
  - alephnerd 2y ago
    You mean Bibigo?
- adolph 2y ago
  https://en.wikipedia.org/wiki/Chaebol https://en.wikipedia.org/wiki/Chaebol A chaebol (UK: /ˈtʃeɪbəl, ˈtʃeɪbɒl/ CHAY-bəl, CHAY-bol, US: /ˈtʃeɪboʊl, ˈdʒɛbəl/ CHAY-bohl, JEB-əl;[3] Korean: 재벌 [tɕɛbʌɭ] ⓘ, lit. 'rich family' or 'financial clique') is a large industrial South Korean conglomerate run and controlled by an individual or family. A chaebol often consists of multiple diversified affiliates, controlled by a person or group. Several dozen large South Korean family-controlled corporate groups fall under this definition. The term first appeared in English text in 1972. The intensity and extent of market concentration became evident as 80% of the country's GDP is derived from chaebols. The largest of the group, Samsung, exports 20% of South Korea's goods and services alone. Although no longer financially supported by the government, these firms have attained economies of scale on such a massive level that it is extremely difficult for a startup or small or medium enterprise (SME) to surmount the high barriers to entry.
- moritzwarhier 2y ago
  Similar to LG, is that correct? I have no clue that's why I'm asking.
  - deleted 2y ago
    [deleted]
  - alephnerd 2y ago
    Yep. It's a Chaebol. Antitrust really isn't a thing in Asia, so horizontal and vertical integration is extremely common. Most Asian countries based their corporate structures on Japan's Zaibatsus and Keiretsus.
    - deaddodo 2y ago
      LG and Samsung are separate chaebols.
      - alephnerd 2y ago
        Ik. OP asked if it's "similar" to LG and I explained why - because it's a Chaebol like LG, Lotte, CJ (used to be part of Samsung), Hyundai, etc. Similar =/= Same
        deaddodo 2y ago
        Ah, I misread it because it's a common misconception. My apologies!
        alephnerd 2y ago
        No worries! Kinda surprised that people would assume LG and Samsung are the same company
        deaddodo 2y ago
        It's common enough to be asked often enough: https://www.quora.com/Is-LG-a-part-of-Samsung https://www.quora.com/Is-LG-a-part-of-Samsung I think people are mixing up the Hyundai/Kia situation (where the former does own a significant portion of the latter) via second-hand recall.
- deaddodo 2y ago
  > They also make cars Not anymore, Samsung Motors is now a part of Renault. Samsung retains a minority share of the operation.
- theogravity 2y ago
  I was on the Samsung Bixby team as part of Samsung Electronics / Samsung Research America and we did work with the various appliance teams. I've never noticed a difference between "companies" when I was working with the teams at the Korean HQ (and some of them also visited us in the bay area as well). Not sure if the appliance teams were part of Samsung Electronics or not.

pjerem 2y ago

Samsung is a gigantic conglomerate of hundreds of companies. They also make cars, houses, entertainment, healthcare services, chemicals and of course, yes, shipbuilding. In the occidental world, we only see a small portion of the iceberg. So I’d say it’s pretty unlikely that employees are frequently assigned from group to group. Maybe it’s possible as a big career change but even that seems unlikely.

komadori 2y ago
When I visited South Korea some years ago, I took a delightful photograph of bag of Samsung-branded kimchi.
- ytdytvhxgydvhh 2y ago
  I wonder if it would go well with some Volkswagen sausage. https://en.m.wikipedia.org/wiki/Volkswagen_currywurst https://en.m.wikipedia.org/wiki/Volkswagen_currywurst
- alephnerd 2y ago
  You mean Bibigo?
adolph 2y ago
https://en.wikipedia.org/wiki/Chaebol https://en.wikipedia.org/wiki/Chaebol A chaebol (UK: /ˈtʃeɪbəl, ˈtʃeɪbɒl/ CHAY-bəl, CHAY-bol, US: /ˈtʃeɪboʊl, ˈdʒɛbəl/ CHAY-bohl, JEB-əl;[3] Korean: 재벌 [tɕɛbʌɭ] ⓘ, lit. 'rich family' or 'financial clique') is a large industrial South Korean conglomerate run and controlled by an individual or family. A chaebol often consists of multiple diversified affiliates, controlled by a person or group. Several dozen large South Korean family-controlled corporate groups fall under this definition. The term first appeared in English text in 1972. The intensity and extent of market concentration became evident as 80% of the country's GDP is derived from chaebols. The largest of the group, Samsung, exports 20% of South Korea's goods and services alone. Although no longer financially supported by the government, these firms have attained economies of scale on such a massive level that it is extremely difficult for a startup or small or medium enterprise (SME) to surmount the high barriers to entry.
moritzwarhier 2y ago
Similar to LG, is that correct? I have no clue that's why I'm asking.
- deleted 2y ago
  [deleted]
- alephnerd 2y ago
  Yep. It's a Chaebol. Antitrust really isn't a thing in Asia, so horizontal and vertical integration is extremely common. Most Asian countries based their corporate structures on Japan's Zaibatsus and Keiretsus.
  - deaddodo 2y ago
    LG and Samsung are separate chaebols.
    - alephnerd 2y ago
      Ik. OP asked if it's "similar" to LG and I explained why - because it's a Chaebol like LG, Lotte, CJ (used to be part of Samsung), Hyundai, etc. Similar =/= Same
      - deaddodo 2y ago
        Ah, I misread it because it's a common misconception. My apologies!
        alephnerd 2y ago
        No worries! Kinda surprised that people would assume LG and Samsung are the same company
        deaddodo 2y ago
        It's common enough to be asked often enough: https://www.quora.com/Is-LG-a-part-of-Samsung https://www.quora.com/Is-LG-a-part-of-Samsung I think people are mixing up the Hyundai/Kia situation (where the former does own a significant portion of the latter) via second-hand recall.
deaddodo 2y ago
> They also make cars Not anymore, Samsung Motors is now a part of Renault. Samsung retains a minority share of the operation.
theogravity 2y ago
I was on the Samsung Bixby team as part of Samsung Electronics / Samsung Research America and we did work with the various appliance teams. I've never noticed a difference between "companies" when I was working with the teams at the Korean HQ (and some of them also visited us in the bay area as well). Not sure if the appliance teams were part of Samsung Electronics or not.