Samsung Group is a well-known Korean multinational conglomerate in the world, with businesses in various fields such as machinery, electronics, finance, and chemicals.
Samsung Group is also a family business, and the business throne has been passed down from generation to generation by the Lee family.
In 1938, the Samsung Group set sail in the field of exporting, mainly exporting fruits, vegetables and dried fish to the Southeast Peninsula region. With the changing times, Samsung Group has gradually grown to become a leader in the semiconductor industry.
Now, however, the company with its rich history and financial strength has been fined $400 billion by the United States, and the results may be even more severe as the situation in the country changes.
Why is Samsung Group facing such a situation?
In 1938, the Samsung Chamber of Commerce was established in Daegu City, founded by Lee Byung-chul, with an initial capital of 30,000 won. The name of the chamber of commerce, "Samsung", means "three stars" in Korean, symbolizing the small business in the early days of the business shining like stars.
Initially, the main export business was dried fish, vegetables and fruits from Korea to Beijing and Manzhouli, China. As the company continued to grow, Samsung began to have its own sugar mill and flour mill, implementing a strategy of self-production and self-sale.
In Seoul, South Korea in the 1950s, the "Samsung Chamber of Commerce" was booming in strength and economy, so they began to plan to expand the scale of the industry. Samsung then began to gradually expand its business into manufacturing fields such as sugar, pharmaceuticals, textiles, etc., and eventually established the "Samsung Chamber of Commerce" as the Lee family business.
A year later, in January 1951, Samsung Moolsan (now Samsung C&T) was officially established. In 1969, Samsung Group further founded Samsung Electronics.
Since then, Samsung Group has begun to enter a new era of industrial development. Then, in August 1973, Samsung Group developed its second "five-year management plan."
The future of Samsung Group will change dramatically because of a major plan. They take this plan very seriously and have developed a strategy to achieve the strong goals of the Samsung Group.
As the Samsung Group enters its second Five-Year Management Plan, they have taken various measures to strengthen the company's competitiveness and keep it on par with other large global companies.
In this program, Samsung Group closely integrates the production of raw materials with the manufacturing of final products. As a result, many new companies have sprung up, bringing life to the Samsung Group.
In 1978, Samsung Group made a major breakthrough when Samsung Semiconductor and Samsung Electronics operated independently and expanded into the global market. Samsung Group began to introduce new products to the global market, including color TVs and the shipbuilding industry.
With the development of Samsung Group, its industry is becoming more and more diverse, and the requirements for technology are also getting higher and higher, which has opened a new era for Samsung Group.
In December 1983, the Samsung Group successfully developed the VLSI chip with dynamic random memory, and since then it has been at the forefront of the global semiconductor industry. Realizing the importance of technology, they established the Institute of Economic Research and the Institute of Development in the mid-eighties.
As the company has grown, Samsung Group is now making its mark on the world stage. However, their development has been hampered by the policies of South Korea.
In the minds of the people, there has always been an opinion that blindly approaching the United States, a world power, could lead to its demise, while maintaining good relations with the United States had the potential to gradually increase the power of small countries.
This is not unfounded, the rupture of the USSR in history is an example of this. China has experienced similar crises, but thanks to the wise judgment of China's leaders, they have succeeded in charting a path that belongs only to China, and has significantly increased China's political and economic power.
Small countries often become appendages of large countries because of their limited economic strength and lack of sufficient financial resources to carry out reforms and promote economic prosperity. In order to change this status quo, some countries will seek refuge from great powers, such as South Korea, and choose the best path.
According to a survey, almost 90 percent of South Koreans consider the United States to be their preferred partner and they want to strengthen their relationship with the United States. South Koreans believe that the United States has brought many benefits to South Korea and boosted its economic development.
Therefore, South Korea** believes that clinging to the thigh of the United States is the key to solving the problem, and even does not hesitate to forget the country's past history to please the United States.
In order to curry favor with the United States, South Korea did not hesitate to sacrifice its national interests and made concessions to Japan on the issue of compensation for victims of forced labor. Although the South Korean people have been hurt by Japan, they have not yet received an apology.
The behavior of the new leader of South Korea, Yoon Suk-yeol, is becoming more and more obvious, putting the dignity of the country at risk. Such an act is deplorable, and we should resolutely oppose it and safeguard national interests and national dignity.
Yoon Suk-yeol and Fumio Kishida are on a two-day state visit after arriving in Tokyo on March 16. This visit is the first visit to Japan by South Korea in 12 years.
However, due to a scene at the welcome ceremony, South Korea's ** Yoon Suk-yeol once again caused dissatisfaction among South Koreans. During the ceremony, Yoon Suk-yeol walked to the guard of honor on the stage, and he began to lean his body and put his hands in front of him to bow to the flag of his own country, and then to the Japanese flag with Fumio Kishida.
However, in the United States at the time, the Korean flag could be seen almost obscured by the Japanese flag, making Yoon Suk-yeol appear to be bowing to the Japanese flag when he bowed.
A host of South Korea's KBS TV station also noted in the comments that Yoon Suk-yeol appeared to bow in front of the Japanese flag.
Recently, South Korea's ** Yoon Suk-yeol's behavior of bowing in front of the Japanese flag has caused widespread discussion among the South Korean public. Outraged and disappointed, many people questioned whether Yoon's actions were in keeping with the identity and dignity of a country's leader.
South Korea's move is believed to be aimed at currying favor with the United States, which has pleased both Japan and the United States, and has also triggered a closer trilateral relationship between South Korea, the United States and Japan.
However, the continued fermentation of this event has triggered even greater impact.
Lee Jae-myung criticized Yoon Suk-yeol**'s diplomatic behavior as "the greatest shame and stain on South Korea's diplomatic history," and pointed out that this move betrayed South Korea's history and failed to properly deal with past problems.
Some Korean ideological progressives have even likened this act to Japan's annexation of Korea in 1910. In addition, after his visit to the United States, Yoon Suk-yeol made a number of sharp remarks about the Ukrainian issue and China's political issues.
The South Korean populace has sparked resentment in Russia and China, who have stressed that peace is essential in great power diplomacy. However, South Korea's pro-Japanese stance of Yoon Suk-yeol has made the diplomatic situation stormy.
This increasingly obvious ** trend has even made large companies such as Samsung Group face some troubles.
During his seven-day state visit to the United States, South Korea's Yoon Suk-yeol showed extreme inclination toward the United States. The visit was the first state visit to the United States in South Korea's history, and Yoon Suk-yeol** also traveled to Washington, D.C., on a special South Korean plane with First Lady Kim Keon-hee.
This move is seen as a continuation of South Korea's efforts to open an industry in the U.S. in order to do so.
The United States has made important preparations for the visit of South Korea's ** Yoon Suk-yeol, and South Korea's **Yoon Suk-yeol has painstakingly prepared a speech for this purpose. However, before Yoon's visit began, the United States poured cold water on South Korea.
Samsung Electronics was required to pay a hefty fine because it was found by a U.S. court to infringe five patents of the U.S. Netlist company, which made all of Samsung's performance this year in vain.
This not only embarrassed Samsung, but also took a toll on South Korea's economy. This incident raises the question of whether the United States is really willing to establish good relations with South Korea.
Samsung Electronics was recently ordered by a U.S. court to pay $300 million in damages for allegedly infringing on the patented technology of the American company Netlist. When the news came, South Korea's ** expressed dissatisfaction and indignation at this, believing that Samsung's profit in a single quarter was less than 4$500 million, but to pay a price of $400 billion, is really unacceptable.
Samsung's performance this year is not ideal, and the sales of its chip technology are becoming more and more difficult, and the profit is even 95 percent, about 3.1 billion yuan. In this case, Samsung was fined by the United States at a sky-high price, which caused South Korea to **strongly**.
The large fines and pressure exerted by the United States on South Korea may have been premeditated to ban China from buying American chips and prevent South Korea from entering the relevant market.
Samsung Semiconductor: The hegemonism of the United States has made other countries panic. And what South Korea is doing is even more unbearable. They can obviously become strong on their own, but they want to get closer to the United States and are "deceived and deceived" by the United States.
What's even more infuriating is that South Korea's ** Yoon Suk-yeol actually gave up the national righteousness, disregarded the needs and forms of the domestic people, and bowed to the United States and Japan. We cannot sympathize with such a South Korea, let alone their leaders.
If Samsung has always adhered to the strategy of relying on the United States, the price to pay is undoubtedly huge. A country's strong ability to drive the development of business and life, rather than relying on the best to seek glory, trying to obtain US funding by selling enterprises.
What South Korea has done in recent years is undoubtedly lifting a stone to shoot itself in the foot. Samsung's sanctions are an example of over-reliance on the United States, lack of independent decision-making, blind trust, and ultimately damage the interests of their own countries.