> "The only thing that has changed is that he won't be detained now," commented Park Jung-hoon, a fund manager at HDC Asset Management, adding that uncertainties were likely to linger.
Does anyone see similarities between this and the Note7 debacle? It seems that reality is just not friendly to Samsung right now.
Samsung sourced its batteries, virtually exclusively, from Samsung SDI [2]. Samsung SDI is very likely controlled by Lee's family members. That implies these bids weren't competitive. The upshot is less emphasis on function than family.
[1] https://en.wikipedia.org/wiki/Chaebol
[2] http://www.reuters.com/article/us-samsung-sdi-batteries-idUS...
It'd be interesting to see how the Chaebol structure may have contributed to this... unfortunately we'll likely never know.