tylerd

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tylerd
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  • Samsung vice chairman a suspect in South Korean bribery probe

    gatorguy said:
    sog35 said:
    nothing will come of this.

    lets face it.  30% of the Korean economy is Samsung. Unless Samsung wants this guy in jail, he ain't going to jail.

    even if he's found guility, the Korean president will simply pardon him
    Of course something will come of it if he's guilty. You've apparently not been following recent stories about Korean government and the current recently-impeached President selling influence in her administration. It's a big deal. Read the story.
    http://www.reuters.com/article/us-southkorea-politics-samsung-group-idUSKBN14V0G6
    Hi @gatorguy ; - As @Rayz2016 stated, South Korea is quick to pardon the guilty chaobol (family owned conglomerates) in Korea. The fact that Park is now also being persecuted probably won't change things much. Unfortunately, it is known that these companies routinely bribe politicians and judges. 

    Here is an example of a chaebol leader getting off in the interest of "revitalizing the economy", but there are many other cases:

    http://www.straitstimes.com/asia/east-asia/park-grants-pardon-to-chaebol-chief

    And don't forget about Lee Kun-hee of Samsung (the father of the aforementioned). Here's the tl;dr from the WP article below:

    "
    That sentiment has intensified in recent years, a period during which Samsung has obstructed price-fixing investigations — drawing only minor fines — and seen its chairman indicted for financial crimes, only to receive a presidential pardon “in the national interest,” as a government spokesman put it."

    https://www.washingtonpost.com/world/in-s-korea-the-republic-of-samsung/2012/12/09/71215420-3de1-11e2-bca3-aadc9b7e29c5_story.html

    I used to live there, so I have a lot of exposure with the Koreans. The corruption is very overt.

    Side note: They LOVE Apple there. That store is going to be HUGE
    watto_cobrabadmonkjony0
  • Samsung still No. 1 smartphone vendor, but Note 7 knocked marketshare back to 2014

    longpath said:
    Citing ranking based on numbers of units sold is irrelevant. Cite rankings based on revenue or profits, and you have my attention. Why would I care if a company is running as an industry loss leader?
    Agreed. Also relevant is that Apple will make approximately 100% of the industry profits. Truly amazing!
    watto_cobra
  • MCX hits pause on Apple Pay competitor CurrentC, fires 30 workers

    macintown said:
    supadav03 said:
    As happy as I am about this, I still think Current-C was a better option than every retailer having "_____ Pay". Walmart announces theirs and Target is following suit with a QR code system. It's just going to get so much worse before it gets better. 
    Really?! Better option? Have you ever used Apple Pay? Paying with Apple Watch (or iPhone) it takes a second to do a very very secure transaction where no tapping, no scanning, no waiting required.
    @macintown ; - I think that @supadav03 's point is that Current-C is better than having a bunch of retailer specific payment options (Walmart-Pay, Target-Pay, Macy's-Pay, etc.). Neither of those options hold up to OS specific options such at ApplePay and AndroidPay. We all agree on that.
    diplication