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Samsung Chief Arrested on Bribery Charges in Corruption Scandal

Keniutek said:
You don't make billions by being nice and just. Every government and every big company is corrupted, no doubt in my mind.
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Your words have some truth. However, this is a unique situation in that…. the Republic of South Korea is literally a vassal of Samsung chaebol. Many elected officials are literally beholden to that company. In South Korea itself, many citizens joke that they live in the "Republic of Samsung".

In the USA…. neither Google, Microsoft nor Apple has yet come close to dominating Washington DC politics. If given the chance, I'm sure they would love to completely dominate DC.
 
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Is he the head of just one division or the entirety of Samsung's multiple divisions? It's my understanding that the divisions are their own companies under SK law.
 
Zenithal said:
Is he the head of just one division or the entirety of Samsung's multiple divisions? It's my understanding that the divisions are their own companies under SK law.
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Technically, he is the head of a single division. In reality, he is the scion and heir of the former Family Chief (and grandson of the conglomerate's founder), and all the other Samsung divisions are (in one way or another) controlled by his relatives, cousins, extended family, etc.
 
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Solomani said:
Technically, he is the head of a single division. In reality, he is the scion and heir of the former Family Chief (and grandson of the conglomerate's founder), and all the other Samsung divisions are (in one way or another) controlled by his relatives, cousins, extended family, etc.
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Thanks for the info. I haven't been keeping up with the Samsung issue for a while. This is the same man who was indicted by police not long ago, or was that another individual?
 
Keniutek said:
You don't make billions by being nice and just. Every government and every big company is corrupted, no doubt in my mind.
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At what point does corruption kick in?

Everyone's all for supporting the little guy, but when the little guy gets the success we all say he deserves then suddenly- wham! He's corrupt, just because he's now Big Company Inc?
 
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Evil Spoonman said:
Samsung is a fascinating company. They absolutely have fantastic engineering teams, and lofty technologies that are worthy of our appreciation. They haven't become this valuable and this well regarded for no reason. So anybody throwing Samsung in the dirt just because they are "the competition" and often behave unethically isn't being nuanced enough.

What seems to fall apart repeatedly is their management and product layer. Samsung products that don't need any extra design to be good are often really rather good. SSDs, displays, and so forth. The products that need to be designed to be more than just a collection of parts are consistently lacking. Phones, laptops, etc.

Samsung's management team, including product management, simply are prototypical of the worst style of management. Political, amoral, bureaucratic, committee-driven, lacking in vision or resolve. And here it bites them again. We shouldn't be surprised. But we should feel bad for the engineers who create amazing things at Samsung, but never get to share them properly.
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This is a great point.

You can criticise Samsung for getting into the smartphone game simply because they knew there was money in it, and copying Apple's design - but that's upper management. The guys who actually built damn good phones - easily the best hardware on the Android side - are forgotten about.
 
thekeyring said:
At what point does corruption kick in?

Everyone's all for supporting the little guy, but when the little guy gets the success we all say he deserves then suddenly- wham! He's corrupt, just because he's now Big Company Inc?
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It kicks in when you become big. People will "find and approach" you, it's how it works.
 
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Samsung just can't keep itself out of the news. And I thought it was 2016 being a dick. Nope....2017 doesn't like Samsung either.

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SeaFox said:
Bribery, embezzlement, hiding assets overseas, and perjury...

and here I thought the head of Samsung would be arrested for battery.

/rimshot
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This is the funniest thing I've heard all day
 
The Koreans love their melodrama. I expect there will be a series devoted to this on Crunchy Roll.
 
djcerla said:
Proof of this statement? Or just blidly defending Samsung claiming all others do the same? (Hint: they don't)
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Sorta doing the same thing as you did here.;)
djcerla said:
This, in a world where Samsung had their flagship phone explode in the hands of customers. **** happens, to every company.
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On topic: As inelegantly worded as Keniutek's post is, there is a kernel of truth in it. A large kernel. The influence peddling this guy is charged with... we call that lobbying here in the US. Trump plans to make it easier to do and suffer no consequences. Not sure what it's called in Italy, but I'm reasonably confident it exists there as well. Unfortunately, it's how business is done these days. Why do you think Apple ramped up it's lobbying efforts?
 
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MH01 said:
Let's see how many irrelevant note 7 posts we get.

It should come as no surprise the corrupt nature of Korean companies. Though business practices aside Samsung do make some great stuff, of which many components make up apple products, just for some perspective
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Yes I'm sure no one here knows many Apple products contain Samsung components. :rolleyes:
 
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