Grandchildren Run South Korea's Economy

Grandchildren Run South Korea's Economy

As love-hate relationships go, few rival the one that South Koreans have with their corporate overlords. No company personifies the success and peril of Korea better than the one Lee Byung Chull founded in 1938. What started as a small grocery-trading firm is now the pride of 50 million Koreans. Today, the gadgets that Samsung (005930) Group’s electronics division sells in soaring numbers exemplify the can-do spirit that has Apple Inc. and Japan’s entire economy looking over their shoulders.

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