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Nowadays, Korean economy faces a hard challenge.
> VERY GOOD
Though the successes of some fields like mobile phone or cultural contents, the situation is not a rosy future.
> VERY GOOD ................................................................................................................. the future is still not rosy.
Especially for electronic fields, chase of Chinese companies is a big threat.
> VERY GOOD
About 20 years ago, Japanese brands like Sony or Sharp were the world best and Korean companies like Samsung and LG had followed their products and strategy.
> PERFECT
Finally 10 years later, Korean brands overtook Japan and now, Korea is the previous Japan and China is the previous Korea.
> Finally, 10 years later, Korean brands overtook Japan and now, Korea has exchanged places with Japan when it comes to electronics and Chna has taken the place where Korea was once at.
It’s so interesting situation.
> It's a very interesting situation.
Of course, the qualities of a lot of Chinese products are still not evaluated well.
> VERY GOOD
The important thing is their rapid speed of development.
> VERY GOOD
Some Korean companies still can’t realize it.
> VERY GOOD
They must change their strategy and basic structures.
> VERY GOOD |
