Korea can’t win against Nintendo
South Korean President Lee Myung-Bak recently caused a row in his country when he wondered out loud why Korea couldn’t make a Nintendo DS-like console of their own. “A lot of our elementary school children have Nintendo game machines,” the president told senior policymakers, “Why can’t our companies develop products like that?”
It’s actually a fair question, but one that seem to bristle the fur of just about everyone in the South Korean electronics and software industries. Korean electronics giants Samsung and LG haven’t thought about becoming the next Nintendo recently. Both companies were forced into an early exit from the console market after failing to compete with their Japanese rivals in foreign markets, and the lack of game software in domestic market. Read more
