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There is also to say that Chaebols (i.e. Korean conglomerates) can do basically whatever they want because the Korean government will bail them out/give them th
by marcyb5st 1y ago
There is also to say that Chaebols (i.e. Korean conglomerates) can do basically whatever they want because the Korean government will bail them out/give them the financial support they need.
With this, the "I need to be extremely profitable" burden is somewhat lifted, giving them the freedom to do hard R&D.
And it is true now still, with the last bribery in exchange of favors dating back to 2018 [1]
[1] https://bruinpoliticalreview.org/articles?post-slug=south-korea-s-chaebol-state-a-democratic-contradiction- https://bruinpoliticalreview.org/articles?post-slug=south-ko...