gary...re e machines
if hyundai failed at its attempt to take the american market away, than how can a diminutive tri gems succeed...
granted it has it's place...but an offshore entity...other than japanese....has never achieved usa market finished goods prominence in the technology arena...not even the mighty siemens from europe...and the japanese survived in the high end market..toshiba, sony, fujitsu....but was defeated in the low end battle...nec/packard bell fiasco...
understand the korean manufacturing philosophy and the answer is clear...be it computers, autos, appliances, petro plant construction, steel, whatever...the korean market philosophy is to enter solely on price...crash and burn for the most part in a few years...when not even low price can justify poor quality....they are not japan...
the usa market is not third world...samsung major global appliance player...but in usa considered second rate...hyundai largest korean conglamerate...built autos under license to mitsubishi...in the usa...not the ilk of honda...korea not keen to set up "in country manufacturing"...as the japanese do...and as dell does in prc and india...
if you are a believer in the korean superiority...why not invest in the biggies...hyundai, daewoo, goldstar, etc...it's a country rife with social and political turmoil, massive labor problems...only a few years ago hyundai heavy industries took contracts for ongc india oil rig compressor modules away from kawasaki solely on price...and when the riots came and hhi shipyards on strike for months...contract cancelled...revert back to khi...
when you analyze, look to whence a product comes...for all is not as it sometimes appears...good luck, ed a. |
