Comment by themaninthedark

Comment by themaninthedark 2 days ago

1 reply

Tell me specificly which niche that Samsung focuses on: >Product: Clothing, automotive, chemicals, consumer electronics, electronic components, medical equipment, semiconductors, solid-state drives, DRAM, flash memory, ships, telecommunications equipment, home appliances >Services: Advertising, construction, entertainment, financial services, hospitality, information and communications technology, medical and health care services, retail, shipbuilding, semiconductor foundry

https://en.wikipedia.org/wiki/Samsung

Samsung is also very closely tied to the Korean government.

>I think if you start to deep dive into the industries that left, you'll find the reasons were often more complicated than simple labor costs

Care to share any of the reasons?

Here are reasons that I know about; EPA regulations, OSHA regulations, their supply base relocating.

https://www.forbes.com/sites/stevedenning/2011/08/17/why-ama...

Don't get me wrong though, we shouldn't roll back our regulations but we should however ensure that what we buy is manufactured in that same conditions that we would demand at home.

mywittyname a day ago

> Care to share any of the reasons?

Governments being laser focused on building a specific domestic industry and winning. I.e., as you point out, Samsung. It's hard to win a battle where an entire country has decided to push to become the best in the world in one field.