Produced by LC's Business Reference Services.

The mission of the Economic Policy Institute is to provide high-quality research and education in order to promote a prosperous, fair, and sustainable economy. The Institute stresses real world analysis and a concern for the living standards of working people, and it makes its findings accessible to the general public, the media, and policy makers.

As Korean electronics firms began to meet increased competition from Japanese and other Asian firms, they successfully turned to offshoring their production networks to lower costs. This paper tracks the experience of Samsung, a major industrial conglomerate.