As global firms expand their business into emerging markets, supply chain integration has been crucial interests in recent years. This study examines global expansion and supply chain integration of Korean firms through the case studies of LG Electronics, LG Display and Hyundai-Kia Motor Company. The characteristics of the global production system of LG Electronics and Hyundai-Kia Motor Company can be summarised into two aspects - the implementation of the global standard production system(GSPS) and expansion of global businesses through cluster-based supply chain integration (CBSCI). Implications from our case study are provided, along withavenues for future research.
- Cluster-based supply chain integration
- Global expansion
- Global standard production system
- Korean firms
- Supply chain integration
ASJC Scopus subject areas
- Business, Management and Accounting(all)