1. Korean Auto Industry
... Chaebols are conglomerates of many companies they are family owned and run under a tight rope. As of the year 2000 the four main Chebol are Samsung, Hyundai, Daewoo and Lucky Goldstar. The top four Chaebol have sales that account for somewhere between 40 and 45 percent of South Korea's Gross ... surpassed exports for the first time since 1985. By late 1989 South Korean Auto industry consisted of Hyundai, Daewoo, Kia Motors and Ssangyong Motors with Samsung following. The Asian financial crisis of 1997-98 exposed many defiensencies in the Korean business model. High debt/equity ratios, ma...
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