In Reply to: Samsung HCM4216 takes on the Toshiba 42H82 projection TV battle ! posted by audioman on January 12, 2003 at 14:00:14:
I'm in the institutional asset management biz and my company has made some good cash by investing in Samsung. It's a player on the come.Don't forget, 20 years ago -- perhaps even less -- companies such as Toshiba were considered "off-shore brands" with a reputation for producing cheap, unreliable junk.
South Korean companies are rising quickly to meet worldwide quality standards. I have a 1997 Kia Sportage and for just about $4K more than I paid 5-1/2 years ago (probably less than $3K when inflation is factored in) I can buy a 2003 Kia Sorenta that's 20% larger, has more standard features and a powerful 6-banger versus my anemic little 4. And I've had very few quality control problems with my Kia, so I would be inclined to stick with the brand.
15 years ago, Hyundais fell apart like their 1960s and 1970s Japanese predecessors. Today, they are the Toyota of the 2010s.
Next come the Chinese -- in today's Wall Street Journal, there's an article stating that their goal is to produce consumer goods with 95% of the quality of Japanese/American/European manufacturers at half to two-thirds the price. The scary thing is that they just might succeed.
As always, of course, YMMV . . .
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Follow Ups
- One basic comment - Dalancroft 11:40:42 01/13/03 (0)