Samsung Executives Waited Four Days to Tell Chairman

Would rather post this on the blog, but since I can't I'll put it here...

Given that the "chairman" refers to the chairman (Lee Kun-hee) of Samsung Electronics, consider these numbers:

Samsung Electronics revenue in 2011: $149 billion USD

Samsung Telecommunications revenue in 2011: $21 billion USD

Even in a North American style business he would probably have more pressing concerns than a ruling that affects only a very small part of the business he is overseeing. Given that Samsung is a Korean multinational, we're talking about a completely different culture and business style, where the top few layers of people probably don't need to know about this sort of thing right away.

A case that accounts for 1% of annual revenue would seem significant enough to merit a moment of attention.

I'm thinking it's probably a myth - just like the "announcement" that Samsung paid Apple in trucks of small change.

I am pretty sure this is a myth for the simple reason that the chairman would have heard it in the news within those four days and would have summon the execs

Why do people try to run their own blog hosting? Why not use a service like blogger? I ask because the blog is down.

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