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Samsung: cradle to grave symbol of South Korea
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Posted on
Apr 22 2008 5:21 AM
by
adeal
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For life, death and everything in between in South Korea, Samsung is there. It can even make you more marriageable. The Samsung Group is the country's largest conglomerate and has its hands in maternity wards and funeral halls, memory chips and supertankers as well as credit cards and life insurance. On Tuesday, the man who ran the group for over 20 years, Lee Kun-hee, said he was stepping down after being indicted for tax evasion and breach of trust. Lee's Samsung has been a constant in the lives of Koreans over the past two decades as the country moved to open democracy, emerged as one of the biggest economies in Asia and a global producer of high-end consumer goods.
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