Samsung's foundry, memory, and LSI businesses appear to be struggling.
Despite Massive Investments, Samsung Chip Businesses Seem to Falter : Read more
Despite Massive Investments, Samsung Chip Businesses Seem to Falter : Read more
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The issue is that Samsung is built around a philosophy of pure performance at all costs. ...
It’s very hard yes but also typically East Asian. The key is to have some semblance of balance to this at least, which doesn’t seem to be the case at Samsung, at least not their foundry business. Many Asian companies do better in this regard.I would go a bit further and also quote Korean work colture as another fac tor to blame. An employee working for a Korean company is to have all his/her blood/sweat/tear squeezed out of. Korean companies around the globe aren't much better either. That's not an environment where employees inovate. it's an environment few notches below a Gulag.
It’s very hard yes but also typically East Asian. The key is to have some semblance of balance to this at least, which doesn’t seem to be the case at Samsung, at least not their foundry business. Many Asian companies do better in this regard.
Interesting, I’m speculating a bit here, but I think they can afford things like this because of the abundance of talent they have in east Asia. Of course East Asians don’t have the creativity of westerners, but they perform and cost less, right.An anecdotal piece: A friend of mine had an upcoming interview with one of LG offices in Poland. He was concerned because of Korean companies reputation for treating their employees. So naturally he wasn't very exited, but needed a job so he went for the interview. He passed, they made him an financial offer. It was far below industry standard, so he walked about laughing (figuratively).