Word: sunkyung
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...Diversification is also helping to create new jobs outside Korea's traditional mainstay employers, the conglomerates, which have been forced to shed staff to stay competitive. Shim Kyung Joo was working at giant Sunkyung Chemicals' game division when the Asian crisis hit. The financially strapped chaebol had to trim its business empire, so Shim secured some venture capital from the government and turned his division into a software company called Wizard Soft. Freed from the dead hands of chaebol executives, Shim and his young gamemakers were soon spinning off hit products like Jurassic Era Primitive War II. The company...
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