“Samsung Rising” by Geoffrey Cain

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  • Korean national pride and Samsung are often synonymous
  • Samsung wanted to be taken as seriously as Apple
  • Focused on generalist in the early years
  • “I don’t tell them. They’re supposed to notice.” On note taking habits
  • Buying a newspaper allowed them to aggressively manage their public image
  • In the revolution, banks were pulled from corporations and leaders had to manufacture their way into good graces
  • Korea is open and still nationalist
  • If Samsung failed, much of Korea’s economy would also collapse
  • “Change everything but your wife and kids”
  • In the 90’s, Samsung started to look for a coherent design
  • Samsung started looking for products and designs that could be distinctive
  • At the height of the Asian Financial Crisis, Samsung started exporting phones to the US
  • “Running a big company is like running a cemetery. There are thousands of people beneath you and no one is listening.”
  • Samsung’s chairman executed a sketchy stock trade, after which there was intense legal scrutiny
  • Legal problems continue to plague the company

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