These Days, Goldstar Is Burning BrightLaxmi Nakarmi
It was only five years ago that Goldstar Co. was in deep trouble. The largest South Korean maker of electrical appliances and consumer electronics had seen its market share slip at home and overseas, as product quality plummeted. Losses piled up, margins fell, and costs rose. "If we continue like this, we'll go bankrupt," wrote an impatient worker in the company's bulletin.
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