I must admit (and very embarrassingly so), I was surprised that Samsung was valued less than Apple. The reason for my surprise is that Samsung is into to many more industries than just consumer electronics. Here's a short list from wikipedia: ProductsApparel, chemicals, consumer electronics, electronic components, medical equipment, semiconductors,ships, telecommunications equipment ServicesAdvertising, construction, entertainment, financial services, hospitality, information and communications technology, medical and health care services, retail,shipbuilding And Samsung employs about 4 times as many people per wikipedia. Above from: https://en.wikipedia.org/wiki/Samsung Compare to.... https://en.wikipedia.org/wiki/Apple_Inc.
They obviously don't have any antitrust laws in Korea and Samsung has monopolized more than one industry and have become a conglomerate. Too much power in the hands of a few destroys competition and free market economics. Stateside, ITT became a very dangerous conglomerate before they were broken up. I remember buying a Hostess Twinkie and the package said Continental Bakeries a subsidiary of ITT. Look at all the things ITT got involved in, including the 1964 coup in Brazil and the 1973 coup in Chile: https://en.wikipedia.org/wiki/ITT_Corporation
@KevinJames. Yep, Apple has been the largest public corporation in the world ( market capitalization) for the last few years, I think. Bigger than Exxon. Remarkable story for Apple. Sent from my iPad using Tapatalk