Bloomberg Business Week published a few days back a great article on the power of Samsung in Korea. Many foreign and domestic businesses in Korea have run afoul of the Big Blue and have been crushed because of local Korean realities.
The more savvy of companies, dealing with Samsung and like companies in Korea, have used some creative business strategies and contract clauses that has helped to minimize damages caused by relationships with Samsung and the like that go bad.
The article, below, does not address these business strategies or contract clauses, but a follow-up post on this blog will brief the reader on some of the businesses strategies and contract clauses that have help to protect our international clients from issues caused by these Korean realities.
Please take a look at the article from Bloomberg Business Week at:Samsung's War at Home by Cam Simpson.