Monday, December 03, 2007

Seoul growing rapidly...maybe too rapidly

On November 30th, many Samsung executives were questioned because of allegations of business corruption. Prosecutors conducted a raid on Samsung Security, which is the financial branch of Samsung, and questioned over 40 executives for 8 hours. So far the company has denied any wrongdoing. Samsung has traditionally been notorious for business corruption, because over the past few years 7 Samsung officials have been convicted of corruption in their multi-billion dollar business. Samsung is the leading distributor of computer chips, mobile phones and TV sets all over the world. This goes along with Professor Hua's lecture on stealing in Japan and Korea, and how it has been looked at as acceptable when it is for a group or family. Nowadays, stealing is becoming more and more like the west in terms of punishment of the deed.

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