It is actually called a Chaebol, and its a type of very powerful, multi-layered, multi-facetted, often very diverse monolith, similar to the very large Japanese trading houses, which are called Keiretsu I think. They used to be called Zaibatsu, but were dismantled after WWII by the Allies.
They are very diverse and are often led by banks or financial houses - for example - the Sumitomo Keiretsu is led by Sumitomo Commercial Bank, which are are major client of ours, and we do loads with them on the shipping side of things.
Aside from the bank, trading department, commodities traders and brokers, they also include Asahi Brewery, Mazda, NEC Electronics and a number of the large train operators within Japan.
Going back to Korea, the largest Chaebol is Hyundai, but Samsung are absolutely vast as well. Another huge one is Hanjin which includes Korean Air, KAL Cargo, all the KE operations companies, Hanjin Shipping and all its many supprt services and logistics/forwarding companies, and the Meritz Investment bank.
What do you mean you dont have any bourbon? Do you know how far it is to Houston? What kind of airline is this???
B747-4U3 From United Kingdom, joined Jan 2002, 983 posts, RR: 0 Reply 4, posted (5 years 2 months 2 weeks 1 day 19 hours ago) and read 965 times:
Quoting CHRISBA777ER (Reply 3): Going back to Korea, the largest Chaebol is Hyundai, but Samsung
Just to elaborate, Hyundai are well known for their cars. They are also the world's largest ship-builder and I believe they have a large property development arm, department stores and build semi-conductors as well. Samsung is best known for its consumer electronics. They also make trucks are the world's 2nd largest ship-builder, a major construction company and also have activities in the financial sector.