Not exact matches
The dispute stems from 2015 when Elliott took on the Samsung Group, Korea's
biggest «
chaebol» family conglomerate, to oppose the $ 8 billion merger of two Samsung affiliates but lost that battle.
Such a protest by employees of a
chaebol, the family - controlled
big businesses that dominate the South Korean economy, is rare.
The government of Korea has been a
big shareholder in the
chaebols, and they are pushing them for reform now: Breaking up businesses, sell non-core assets, pay out higher dividends.
It's another
big barrier that currently keeps Qualcomm stuck on the
chaebol's flagship Galaxy smartphones.
CJ E&M is the media and entertainment subsidiary of CJ Group, one of the
biggest business conglomerates in South Korea, which is also called a
chaebol.