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by jcollins1991 5035 days ago
Would rather post this on the blog, but since I can't I'll put it here...

Given that the "chairman" refers to the chairman (Lee Kun-hee) of Samsung Electronics, consider these numbers:

Samsung Electronics revenue in 2011: $149 billion USD

Samsung Telecommunications revenue in 2011: $21 billion USD

Even in a North American style business he would probably have more pressing concerns than a ruling that affects only a very small part of the business he is overseeing. Given that Samsung is a Korean multinational, we're talking about a completely different culture and business style, where the top few layers of people probably don't need to know about this sort of thing right away.

1 comments

A case that accounts for 1% of annual revenue would seem significant enough to merit a moment of attention.