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How Has Samsung Company From Korea Been Influenced by Globalization?

Paper type: Essay
Pages: 1 (165 words)
Categories: Company, Globalization, Influence
Downloads: 3
Views: 360

With the progress of technology and globalization appear, the market trade system allowed trade in global, no longer limited inside own country. It’s become more and more diverse, convenient and has more opportunities for various companies to achieve economic success.

Nowadays, South Korean is the world’s 15th largest economy, there has a lot of rapid rise in some companies, such as Hyundai Group, Samsung Group, Sunkyong Group, and Lucky-Goldstar groups. Those are world-renowned large multinational companies and play a key role.

Samsung is one of the important symbols of economic transformation in South Korean, it’s become the company with the fastest rising global brand value and has attracted worldwide attention.

Samsung company is a multinational electronics company, founded in 1938, now is the largest technology company in the world. Samsung has used globalization advantages in the strategy, their mobile phone has changed significantly at this time. Samsung used the opportunities given to them to expand its market share and foot in industrialized and developing worlds.

Cite this essay

How Has Samsung Company From Korea Been Influenced by Globalization?. (2016, Mar 04). Retrieved from https://studymoose.com/how-has-samsung-company-from-korea-been-influenced-by-globalization-essay

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