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by andyzweb 2219 days ago
Korea just has a different mafia-style rule in the form of chaebol
1 comments

This particular post was about the movie industry. Korea went in a different, much more competitive way, unlike China.
Brush up on Korea, there neither google nor Apple map can provide you navigation services, it is reserved for local company only. I have to drive car there using Korean gps.

For mobile network and services they have their own standard giving virtual monopoly to SK and KT telecom and local manufacturers. No foreign car manufacturer can setup easily in Korea, Samsung rebrand Nissan car as S5 and S7. Except high end German cars with high tariffs you will only see Korean brands.

Check any sector and you will find more hurdles. Doing business in Korea compared to China is harder, if you target local businesses.

These all are not visible or so pronounced because Korea is relatively small compared to China in terms of GDP and size. Actually Korea is more like China and unlike USA except for political systems.