Sentences with phrase «large chaebols»

Behind South Korea's high - tech developments are 45 large chaebols — a term that combines the Korean words chae (wealth) and bol (clan)-- family - run large industrial conglomerates that are incriminated with governance transgressions.

Not exact matches

South Korea's decision to invest in heavy industry — including shipbuilding, automobiles, steel, and electronics — and to put much of the nation's productivity under the control of large industrial groups, or chaebol, reflected government policies that mimicked Japan's zaibatsu — similar groups that controlled much of its economy through the end of World War II.

But Chung Sun - Sup, the head of corporate analysis firm chaebul.com, said major chaebol decisions on large - scale acquisitions or investments «are often endorsed by the patriarch of a ruling family», and with Lee in prison, the firm «may move more slowly than before».

Hyundai owns about one - third of Kia through a complex web of South Korean chaebols, and combined they are now the fifth - largest automaker, after Toyota, Volkswagen Group, and General Motors.

Samsung's Corporate Identity South Korea's largest business conglomerate, or chaebol, Samsung consists of four business groups: Samsung Group, Chinese Group, CJ Group and Hansol Group.

If that wasn't bad enough, the same East Asian publication says Apple will most likely succeed in implementing the technology on the iPhone 8 this fall, which isn't going to reflect well on the chaebol's reputation or that of high - profile partners like CrucialTec, the world's largest manufacturer of optical trackpad mobile input devices.