Korea's Big Leap Into Europe

The chaebol are poised to pour in billions

His friends call him "King Kong." And O.S. Kong, a 46-year-old South Korean executive, is certainly living up to that chest-thumping nickname. As president of Western European operations for Korea's LG Electronics, Kong hopes to spend upwards of $1.5 billion to build a semiconductor and consumer-electronics factory in Britain.

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