Samsung is big, very big

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wow, that is big

`Republic of Samsung’ Builds Up in Korea

Samsung Group, South Korea’s biggest conglomerate, is getting bigger and bigger to an extent that many raise grave concerns about its relentless expansion.

With 62 affiliates under its arm, the group accounts for one-fifth of the country’s total exports and its overall turnover carves out more than 17 percent of the national income.

Samsung’s total assets almost match the nation’s annual budget and about one-fifth of Korean tax revenue comes from the group Continue reading