Samsung's Success Is Also Because It Faces Foreign Competition, Not Being Protected From Competing Against It

It's a sad thing to announce the death of Chairman Lee Kun-Hee of Samsung just today. We could really think about Samsung as a company. Samsung started on March 1, 1938, and it's still existing today. I could remember the time when Samsung wasn't much of a deal until 2011. Samsung ended up becoming a worthy competitor for the luxury brand Apple in the area of smartphones. Samsung had its smartphone beat the sales in i-Phone last 2011. Just a year later, Samsung vs. Apple became the trial of the century. It became one thing when Samsung showed itself worthy of its global brand status when it competed against Apple not only in its native soil but also around the world.

Business magazine Forbes also wrote in its article "Samsung vs. Apple: Inside The Brutal War For Smartphone Dominance". This is what's noted about Samsung's quality:

Samsung’s greatest strength was its ability to manufacture superior hardware, faster than any of its competitors, through its vast, strict, top-down management system and its superior supply chain.

Samsung's technological achievement reminds me of the oh-so clueless Benign0 of Get Real Philippines. I really laughed at the comment I screenshot from his site. Benign0 probably refuses to see that the Philippines doesn't have a tradition of scientific and technological advancement because of ECONOMIC PROTECTIONISM. I'm amazed at how Benign0 and his wife Ilda are in Australia - a country that GREATLY BENEFITED from foreign direct investiments (FDI) yet they still think it's a concept embraced by losers. Both of them even miss the REAL ISSUE as to why Singapore is a success and the Philippines is still in a mess. Did they not even notice that FDI and the parliamentary system made Singapore great? Yet, for Benign0, he still considers that reliance on foreign capital is a concept supposedly embraced by losers. In the comment I screenshot - I really have to laugh that he never sees the direct connection between FDIs and why the Philippines lacks that culture of scientific and technological advancement. Don't tell me Filipinos (well, maybe according to him and he's also ONE) don't have the capacity to have a culture of scientific and technological achievement? I wonder if he has ever noticed that some Filipinos are making it big abroad in the fields of sciences?  So, I guess according to this guy, the Philippines should just continue to be a protectionist state because of that? If so, he's just PERPETUATING the problem by refusing to let FDI come in and let Filipinos have more jobs and learn new stuff. Less competition means Filipinos become less competitive. Filipinos abroad had it succeeding because they left their loser culture behind and embraced a winner culture.

How does Samsung get its quality management and superior supply chain? It's because unlike North Korea - South Korea embraces a free market capitalist system. Even communist China and communist Vietnam are beating out the democratic Philippines by accepting capitalist policies. The Chinese Communist Party (CCP) and the Communist Party of Vietnam (CPV) were NOT afraid to let their local businesses compete with FDI. South Korea's success as a democratic country over the Philippines is the fact that it welcomes free-market capitalism. The Philippines is stuck with the loser mentality all because of economic protectionism. Samsung wouldn't get its quality management and superior supply chain if it were in a protectionist country like North Korea. Just think why do you think a lot of services in the Philippines are so slow and low quality? It's because economic protectionism has limited the supply chain and won't convince the members of the oligarchy to maintain and increase the standards of their quality management. 

Just think why Samsung and NOT Koryolink is a worldwide brand. Revenue-wise, Samsung's last known-revenue was USD 211.2 Billion while Koryolink's last known revenue was only USD 5.8 Million. How can Koryolink even beat Samsung when it's protected from competition and North Korea is protectionist? No, Samsung didn't develop to become a worldwide brand (well, according to leftists anyway) because South Korea is a protectionist state. Rather, South Korea's free-market economics state allowed South Korea to develop a real national industry by encouraging businesses to grow up in an FDI-friendly country. A free market still protects its local businesses not by shielding them from competition but through laws that encourage fair competition. That is foreign investors may own 100% without a Filipino partner, however, don't necessarily purchase land, and that they're required to follow laws such as minimum wage laws, to provide jobs for locals first wherever they go, and proper payment of taxes. The protectionist state, however, over-protects its local businesses from competition rather than protecting them only from unfair competition. That mentality has caused Koryolink to never become a worldwide known brand. Meanwhile, Samsung facing competition is the reason why it beats Koryolink in every way.