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Comment by downrightmike | Hacker News Reader

And they are like 95% of the SK economy because of the Chaebol system

I was wondering if this counted its business in SK as well. The profits mentioned are in won, so I lean toward yes, but when I was in SK, fuckin' everything was Samsung. They even got Samsung autonomous autoturrets now[1].

How is Samsung not printing money? South Korea has the 12th highest GDP on the planet.

[1] https://en.wikipedia.org/wiki/SGR-A1

This is specifically Samsung Electronics as far as I can tell.

Nevertheless it’s an amazing drop.

Are their washing machines and fridges under their Electronics corp? Just the high-tech consumer stuff? I'm not sure where I'd look to get a definitive answer.

From the Samsung Electronics wiki article:

> The digital-media business area covers computer devices such as laptop computers and laser printers; digital displays such as televisions and computer monitors; consumer entertainment devices such as DVD players, MP3 players, and digital camcorders; home appliances such as refrigerators, air conditioners, air purifiers, washing machines, microwave ovens, vacuum cleaners and robot vacuum cleaners.[101][102]

https://en.m.wikipedia.org/wiki/Samsung_Electronics

Huh. Thanks.

I really don't understand how they have declined so quickly, if that's the case, especially when lots of appliances fail earlier than they should (experience with washers).

Won't be long before Samsung offers a genealogy service so you can see how your washer and phone are related, and maybe uncle turret in the military too.

Over the past 5 or so years everyone I know who previously held Samsung in high regard for non-phone products has had an experience which has put them completely off the brand for the foreseeable future. They market themselves as high-end, but their reliability, service, and usability are worse than the budget brands. It doesn't matter how awesome your TV screen looks if it stops working after 4 months because some proprietary internal part fries itself and takes the panel with it and they want to charge you $1000 to repair it.

Their appliances (refrigerators etc) are worse.

The last Android phone I owned was the Samsung Galaxy S8. After barely two years of owning it, Samsung announced that they were no longer providing major Android version updates to the phone. That’s what pushed me into getting an iPhone for my next phone purchase after 10 years of being an Android user.

Yeah, I personally hate Samsung because of their followthrough. They try to mimic Apple but never quite seem to "get" it. They were just yooge in SK when I was there.

It turns out when your washing machines keep killing people your reputation takes a bit of a hit.

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