The sentiment of Korean people regarding foreign companies and investments has changed significantly, so the investments are at least regarded as not offensive. The recent influx of foreign investment, in particular on Internet and high-tech companies, are real where the Korea's market potential is highly regarded by foreign investments in terms of both size and valuation. The size of typical investments are in the order of a few tens of million dollars. Korea and other investments. Korean economy has been dominated by Chaebols.
Internet is created by startup.
The Internet businesses operated by 'Chaebols' have not been successful in general historically, in particular in the access business. The only successful ISP businesses run by Chaebol's are the consumer-oriented Unitel and Netsgo run by Samsung and SK group, respectively. Carriers have been strong in the access market with two clear market leader, KT and Dacom. The recent broadband access services are largely offered by the newly licensed carriers including Hanaro, Dreamline, and Thrunet, obviously due to their accessibility to the infrastructure, which is not generally available to pure play ISP's. Recently, Chaebol's are entering the Internet market with its strength in traditional businesses, in particular the logistics and the back office functions which traditionally have been the domain of Chaebol's with their export-driven economics in the past.