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Radius
Joined: 20 Dec 2009
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 Posted: Sat Apr 16, 2011 3:44 am Post subject: Why are Electronics So Darn Expensive Here? |
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I really feel stupid for making this purchase--especially after seeing that it's going for $400-500 cheaper in the States. It's a Samsung SansRV511 laptop. It's nice, but I'd rather have a square screen rather than this wide one.
So anyway, I did feel a little burned after buying it. It was a display model and the total came out to $830. Now I'm seeing the same thing sold in America at $550-600. AND THIS WAS THE DISPLAY MODEL! The one's in the box were going for 7 digits.
In addition to my original question, does anyone else have this computer? How do you like it? |
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hondaicivic
Joined: 01 Jul 2010
Location: Daegu, South Korea
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| Posted: Sat Apr 16, 2011 4:08 am Post subject: Re: Why are Electronics So Darn Expensive Here? |
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| Radius wrote: |
I really feel stupid for making this purchase--especially after seeing that it's going for $400-500 cheaper in the States. It's a Samsung SansRV511 laptop. It's nice, but I'd rather have a square screen rather than this wide one.
So anyway, I did feel a little burned after buying it. It was a display model and the total came out to $830. Now I'm seeing the same thing sold in America at $550-600. AND THIS WAS THE DISPLAY MODEL! The one's in the box were going for 7 digits.
In addition to my original question, does anyone else have this computer? How do you like it? |
Why are electronics in korea expensive? Same reasons as it is in Japan. The asian export model flood other countries with cheap electronics made items while at the same time producers at home coordinating with government policies purposely jack up the price of consumer electronics at home to discourage spendings and encourage savings. That is the basic explanation in regard to electronics being expensive in korea and japan.
By the way, why don't you just buy it off ebay or something and have your parents ship it to korea. |
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Swampfox10mm
Joined: 24 Mar 2011
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| Posted: Sat Apr 16, 2011 4:21 am Post subject: |
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One of the many reasons why the USA has doomed itself, allowing countries it props up to screw it through protectionism. Americans don't notice or care, so long as their TV's, etc., at Wal-mart are cheap. They are kept cheap in America so the average American doesn't notice just how poor and indebted his/her country has become. The minute that ends, then the farce ends and people will start to realize just how big of a hole the rich businesses of capitalism have screwed them into.
What Korea is doing is protecting itself financially. The USA does not do this. Those in gov't there do what they do (free trade, etc.) to pay off the people who put them in power and pull the strings. You can blame both Republicans and Democrats. The irony of it all is that the absolute worst sin came from a Democrat, Bill Clinton, when he opened the floodgates of trade with China. He did so with honest intensions, expecting that the USA would benefit. The stupidity of it all is the belief that other countries play fair. They don't. China doesn't. Korea doesn't. The list goes on and on.
The only people who get rich out of it are the ones in the middle of the sales, and they don't want the gravy train to end. Meanwhile, the rest of the USA just gets poorer and poorer. Then, when the dollar collapses due to the rising debt, there will be one big world mess. |
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Radius
Joined: 20 Dec 2009
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| Posted: Sat Apr 16, 2011 4:33 am Post subject: |
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| Swampfox10mm wrote: |
One of the many reasons why the USA has doomed itself, allowing countries it props up to screw it through protectionism. Americans don't notice or care, so long as their TV's, etc., at Wal-mart are cheap. They are kept cheap in America so the average American doesn't notice just how poor and indebted his/her country has become. The minute that ends, then the farce ends and people will start to realize just how big of a hole the rich businesses of capitalism have screwed them into.
What Korea is doing is protecting itself financially. The USA does not do this. Those in gov't there do what they do (free trade, etc.) to pay off the people who put them in power and pull the strings. You can blame both Republicans and Democrats. The irony of it all is that the absolute worst sin came from a Democrat, Bill Clinton, when he opened the floodgates of trade with China. He did so with honest intensions, expecting that the USA would benefit. The stupidity of it all is the belief that other countries play fair. They don't. China doesn't. Korea doesn't. The list goes on and on.
The only people who get rich out of it are the ones in the middle of the sales, and they don't want the gravy train to end. Meanwhile, the rest of the USA just gets poorer and poorer. Then, when the dollar collapses due to the rising debt, there will be one big world mess. |
I flunked economics. How is Korea protecting itself financially? |
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Radius
Joined: 20 Dec 2009
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| Posted: Sat Apr 16, 2011 4:34 am Post subject: Re: Why are Electronics So Darn Expensive Here? |
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| hondaicivic wrote: |
| Radius wrote: |
I really feel stupid for making this purchase--especially after seeing that it's going for $400-500 cheaper in the States. It's a Samsung SansRV511 laptop. It's nice, but I'd rather have a square screen rather than this wide one.
So anyway, I did feel a little burned after buying it. It was a display model and the total came out to $830. Now I'm seeing the same thing sold in America at $550-600. AND THIS WAS THE DISPLAY MODEL! The one's in the box were going for 7 digits.
In addition to my original question, does anyone else have this computer? How do you like it? |
Why are electronics in korea expensive? Same reasons as it is in Japan. The asian export model flood other countries with cheap electronics made items while at the same time producers at home coordinating with government policies purposely jack up the price of consumer electronics at home to discourage spendings and encourage savings. That is the basic explanation in regard to electronics being expensive in korea and japan.
By the way, why don't you just buy it off ebay or something and have your parents ship it to korea. |
Needed the computer ASAP for the NBA playoffs this morning |
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Swampfox10mm
Joined: 24 Mar 2011
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| Posted: Sat Apr 16, 2011 4:41 am Post subject: |
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Radius, they raise prices on imports so they can sell their Samsung/LG/Etc. items at outrageous prices, too. Same thing happens with Korean meat.
You should see what a Sony TV costs here compared to the USA. Even the same Samsung models are far cheaper back home.
There are endless things that can be done to a company or product to kill it competitively until Samsung or another local brand catch up. Look at the I-phone as an example. It was kept out of Korea for over 1 1/2 years because they knew it would absolutely revolutionize the industry and shame them on their own turf. Samsung and sons were given that long to catch up, and if Android hadn't been there to save their butts, we probably still wouldn't have an I-phone in Korea.
Imagine what would happen to this country if the USA suddenly did this? |
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Radius
Joined: 20 Dec 2009
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| Posted: Sat Apr 16, 2011 4:46 am Post subject: |
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| Swampfox10mm wrote: |
Radius, they raise prices on imports so they can sell their Samsung/LG/Etc. items at outrageous prices, too. Same thing happens with Korean meat.
You should see what a Sony TV costs here compared to the USA. Even the same Samsung models are far cheaper back home.
There are endless things that can be done to a company or product to kill it competitively until Samsung or another local brand catch up. Look at the I-phone as an example. It was kept out of Korea for over 1 1/2 years because they knew it would absolutely revolutionize the industry and shame them on their own turf. Samsung and sons were given that long to catch up, and if Android hadn't been there to save their butts, we probably still wouldn't have an I-phone in Korea.
Imagine what would happen to this country if the USA suddenly did this? |
And the Korean people take this laying down. Sad |
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Swampfox10mm
Joined: 24 Mar 2011
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| Posted: Sat Apr 16, 2011 4:54 am Post subject: |
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| Well, they're part proud, part brainwashed. And their gov't is controlled by the chaebols (Samsung, LG, etc.). Many Koreans will tell you the reason Samsung dumps its products cheaply in the USA is because those are built poorly, or rejects that weren't allowed in the Korean market. It's laughable, because I've had better luck with Korean-made products in the USA than here. |
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repeatpete
Joined: 24 Oct 2010
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| Posted: Sat Apr 16, 2011 5:50 pm Post subject: |
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| well..... before you go too far swampfox, could you be persuaded to at least give a nod to the law of comparative advantage? (from Riccardian economics although, apparently, someone thought of it before Riccardo.) |
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hondaicivic
Joined: 01 Jul 2010
Location: Daegu, South Korea
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| Posted: Sat Apr 16, 2011 6:04 pm Post subject: |
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| repeatpete wrote: |
| well..... before you go too far swampfox, could you be persuaded to at least give a nod to the law of comparative advantage? (from Riccardian economics although, apparently, someone thought of it before Riccardo.) |
http://en.wikipedia.org/wiki/Mercantilism
^The laws of comparative advantage do not work with Korea, Japan, or China. They don't believe in it. Their economic philosophy these days revolve around mercantilism. Laws of comparative advantage only exists in textbooks. |
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Mikejelai
Joined: 01 Nov 2009
Location: Seoul
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| Posted: Sat Apr 16, 2011 6:38 pm Post subject: |
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| part proud, part brainwashed, and part ignorant; my students were very surprised that you can get 2 Korean made mP3 players in the US for what you pay for one here in Korea |
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legrande
Joined: 23 Nov 2010
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| Posted: Sat Apr 16, 2011 8:14 pm Post subject: |
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| Quote: |
| There are endless things that can be done to a company or product to kill it competitively until Samsung or another local brand catch up. Look at the I-phone as an example. It was kept out of Korea for over 1 1/2 years because they knew it would absolutely revolutionize the industry and shame them on their own turf. Samsung and sons were given that long to catch up, and if Android hadn't been there to save their butts, we probably still wouldn't have an I-phone in Korea. |
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| Well, they're part proud, part brainwashed. And their gov't is controlled by the chaebols (Samsung, LG, etc.). |
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| And the Korean people take this laying down. Sad |
The chaebols are the ones who have ruled since medievel times (Joseon dynasty), and played ball with the Japanese during the occuptation as well as the US since 1945. After successfully crushing the aspirations of the people in order to fleece them and live high on the hog for so many years, it doesn't need to be argued that they'll continue to do so so long as they have the requisite means and support. No doubt certain key people in the US receive certain "benefits" for helping Japan, Korea, and China dump their goods for a song stateside. The level at which the chaebols attempt to program Korean citizens is ridiculous- do you know any other supposedly "democratic" country in which more than 40% of the universities require you to attend chapel in order to graduate? People who think Korea is truly a leader destined for top-tier, 'advanced' country status on accont of its innovative brilliance are really just chaebol elite-supporters. The chaebol themselves only know how to cleverly pick up on trends early (or in the case of the iPhone, not).
By the way, hope you had fun watching the first round of the play-offs. Should be interesting if the Bulls meet the Heat. |
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hondaicivic
Joined: 01 Jul 2010
Location: Daegu, South Korea
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| Posted: Sat Apr 16, 2011 8:24 pm Post subject: |
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| legrande wrote: |
| Quote: |
| There are endless things that can be done to a company or product to kill it competitively until Samsung or another local brand catch up. Look at the I-phone as an example. It was kept out of Korea for over 1 1/2 years because they knew it would absolutely revolutionize the industry and shame them on their own turf. Samsung and sons were given that long to catch up, and if Android hadn't been there to save their butts, we probably still wouldn't have an I-phone in Korea. |
| Quote: |
| Well, they're part proud, part brainwashed. And their gov't is controlled by the chaebols (Samsung, LG, etc.). |
| Quote: |
| And the Korean people take this laying down. Sad |
The chaebols are the ones who have ruled since medievel times (Joseon dynasty), and played ball with the Japanese during the occuptation as well as the US since 1945. After successfully crushing the aspirations of the people in order to fleece them and live high on the hog for so many years, it doesn't need to be argued that they'll continue to do so so long as they have the requisite means and support. No doubt certain key people in the US receive certain "benefits" for helping Japan, Korea, and China dump their goods for a song stateside. The level at which the chaebols attempt to program Korean citizens is ridiculous- do you know any other supposedly "democratic" country in which more than 40% of the universities require you to attend chapel in order to graduate? People who think Korea is truly a leader destined for top-tier, 'advanced' country status on accont of its innovative brilliance are really just chaebol elite-supporters. The chaebol themselves only know how to cleverly pick up on trends early (or in the case of the iPhone, not).
By the way, hope you had fun watching the first round of the play-offs. Should be interesting if the Bulls meet the Heat. |
Sometimes you gotta wonder, who's really in need of a liberation? The North or the South?...... |
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madoka
Joined: 27 Mar 2008
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| Posted: Sat Apr 16, 2011 11:00 pm Post subject: |
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Bought the new 51 inch plasma from Samsung last week. The best price I could find on it was 1.3 million. When the delivery guy installed it, he asked how I liked it. I told him it would be great if you could buy it for $700 like in the U.S. Had to show him different U.S. websites with the exact same model for that price for him to believe me.
Tried to buy a DVD player to go with it. All the stores had meager selection (2-3 different models) and most were POS. Yet they were still priced 2-4 times what they would cost in the U.S. Seriously. U.S. Costco sells a BR player for about $120 right now. In Korea, it's close to 400,000 won. |
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Slowmotion
Joined: 15 Aug 2009
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| Posted: Sun Apr 17, 2011 12:22 am Post subject: |
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Why do Korean companies charge Koreans more for domestic products?
The Genesis in the states is about 20,000 cheaper.
My girlfriend is buying a Kia which is 18k in the states, and $26,000 in Korea.
BMWs are 2 times more expensive here.
How do they get away with this? |
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