Samsung: China TV Market

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Written by:

Christopher B


Date added:

March 17, 2013








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10 / 2540


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Here in the U.S. Samsung is a very recognized brand, sitting along side Sony, Panasonic, Phillips, Toshiba, Matsushita and other more know brands of TVs. In South Korea, Samsung was a governmentally subsidized large business until in the 1990's. In the mid 1990's one of the most significant threats to Korean corporations was that their major advantage in low labor cost had been deteriorating against the labor costs in many of the competing Southeast Asian countries...
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The average wage of $1,144 a month that Korean workers earned was one of the highest wages paid in Asia outside of Japan. Korea had been the low cost labor supplier until the point at which The Peoples' Republic of China entered the competition for manufacturing of color TVs. The low cost of labor in China would cause Korea's position being the lowest cost provider to be a position that was in danger...
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