From last May 25 to 28, a big annual event named World IT Show took place at COEX, Seoul. Even though most of the exhibitors in this event were Korean companies, it still retained the claim of a world-class event given that some participating exhibitors were big global enterprises like Samsung, LG, and SK. I happened to spare some time to visit the exhibition on the last day and would like to share some opinions based on my findings.
These recent years, Korea has evolved into a country where some cutting-edge technologies are invented along with other technological innovations and breakthroughs. Only within few decades, we have seen the growth both in size and capital of Korean companies. Samsung Electronics, for example, has been known as the world’s largest LCD monitor panel manufacturer. At the same time, Samsung is also known to be the world’s second largest cellular phone manufacturer according to Gartner, trailing only after Nokia. Other Korean companies also try to secure the competition in technology products or at least to gain some market share. LG, for example, has been known as a competitor for Samsung in the consumer electronics segments. It manufactures LCD panels, cell phones, and other electronic devices. In Korea alone, LG is also known as one of the telco providers, bundling their manufactured cellular phones with the telecommunication network services. SK could be a less familiar brand of an electronic device vendor to the global consumers, but its business is also sprawling over various sectors, including telecommunication, petrochemicals, engineering, IT consulting, and energy.
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