— Overview
Overseas M&A, in this account, is narrowly the acquisition and merger of a foreign firm — a change in shares and in assets — and, more broadly, any act that obtains management control, including equity participation and a strategic alliance. Motives are split three ways: a strategic motive of growth and efficiency, an operating motive that seeks economies of scale and of scope, and a financial motive that spreads risk or widens the ability to raise funds.
Positive effects named include easing a domestic monopoly structure, encouraging the formation of domestic capital, expanding trade and employment, bringing in advanced methods, and transferring technology. Cross-border deals are typed as In-Out, Out-In, and Out-Out, and are treated as a form of foreign direct investment. Global licensing is the right to operate an internationally registered product or service; transfer is possible only when the giver’s knowledge and the receiver’s knowledge overlap enough, and the receiver’s absorptive capacity should be judged, with licensing of unrelated new knowledge avoided.
Samsung’s overseas M&A interest is said to have been sparked by a remark of the late chairman Lee Kun-hee; the remark itself is not quoted here. In Vietnam, the account says, Samsung’s production first surpassed its production in China, labor costs were about half of China’s, and televisions, air conditioners, and refrigerators were also made, helped by infrastructure and by suppliers locating there. Those Vietnam figures are left as the account states them, without a year, and are not treated as a current 2026 count.
Currency risk is the chance that an unexpected future move in exchange rates will reduce the value of assets denominated in a foreign currency. Samsung, the account says, settles not only in dollars but in yen, euros, and yuan, and tries to match the currency it pays with the currency it receives. Hyundai is cited for four Super Bowl advertisements and for official sponsorship of Euro 2016 — left in 2016. CJ Group’s global human-resource aim is named as securing and developing people with creativity and a willingness to take on a challenge.
No later official totals or later deals are added.
— Contents and key concepts
Control, motives, and a licence that has to be absorbed
The definition is careful. Overseas M&A, narrowly, is the acquisition and merger of a foreign firm — a change in shares and in assets. More broadly, it is any act that obtains management control, including equity participation and a strategic alliance. Motives are split three ways: strategic growth and efficiency, operating economies of scale and of scope, and a financial wish to spread risk or to widen fundraising. The effects named are easing a domestic monopoly structure, encouraging domestic capital, expanding trade and employment, bringing in advanced methods, and transferring technology. Cross-border deals are typed as In-Out, Out-In, and Out-Out, and treated as a form of foreign direct investment. When a firm is acquired, an internal market can form as assets are reallocated, and the degree of independence left to the acquired firm shapes that allocation.
Global licensing is the right to operate an internationally registered product or service. Transfer, the account says, is possible only when the giver’s knowledge and the receiver’s overlap enough. The receiver’s absorptive capacity should be judged, and licensing of unrelated new knowledge should be avoided. Those cautions are left as they are written.
Vietnam, matching currencies, and a 2016 sponsorship
Samsung’s interest in overseas M&A is said to have been sparked by a remark of the late chairman Lee Kun-hee. The remark itself is not quoted, and is not invented. In Vietnam, the account says, Samsung’s production first surpassed its production in China, labor costs were about half of China’s, and televisions, air conditioners, and refrigerators were also made, helped by social infrastructure and by suppliers locating there. Those Vietnam figures are left as the account states them, without a year. They are not rolled forward as a current 2026 count, and no later official total is added.
Currency risk is the chance that an unexpected future move in exchange rates will reduce the value of assets denominated in a foreign currency — generally, the chance of an exchange loss. Samsung, the account says, settles not only in dollars but in yen, euros, and yuan, and tries to match the currency it pays with the currency it receives. Hyundai is cited for four Super Bowl advertisements and for official sponsorship of Euro 2016, which is left in 2016. CJ Group’s global human-resource aim is named as securing and developing people with creativity and a willingness to take on a challenge. Those cases are left as they are named, without later deals.
Sources
- an account defining overseas M&A and global licensing, following Samsung’s Vietnam production and currency-risk practice, Hyundai’s Super Bowl ads and Euro 2016 sponsorship, and CJ Group’s talent aim, without later official totals.
Last updated: 14 November 2026
Refund policy
- Change of mind / refund requested after partial use / more than 7 days after purchase
◆ Exceptions
- File errors / cannot download or open the file
◆ How to request a refund: send a 1:1 inquiry via Customer Service at the top