Currently we are looking at South Korea as an NIC in Year 11. It has been described as an economic miracle, moving from an economy primarily focused on agriculture, to a modern and thriving country witin the space of just 40 years. Of course, it's not problem free....
Check out the BBC article linked for more on South Korea...
http://news.bbc.co.uk/1/hi/world/asia-pacific/country_profiles/1123668.stm
Some of South Korea's huge conglomerates (or chaebols, as they like to call them) are huge, multinational names. LG (Lucky Goldstar), Daewoo, Samsung...
Samsung seems to have its finger in every pie, and here is its much anticipated competitor to the Iphone.
