All in the Family South Korea’s economy is dominated by family-controlled conglomerates called chaebol that often run business around the world. These are four of the country’s biggest chaebol: Samsung Kim Hong-Ji/Reuters Businesses: Smartphones, televisions, semiconductors, appliances, shipbuilding, hotels, movie production Controlling family: The Lee family. Advertisement Continue reading the main storyBut Samsung also found itself repeatedly entangled in some of South Korea’s biggest corruption scandals. In a few ways, under Mr. Lee, Samsung began to loosen up. Advertisement Continue reading the main storyTurmoil at the TopUnder that office, Samsung pushed a merger of two of its units, Cheil Industries and Samsung C&T.

Source: New York Times March 04, 2017 09:56 UTC