Chaebol of South Korea's top conglomerates has decreased from 2012 to 2015. Not only did their profits stop increasing, but certain chaebols such as LG, have been making losses and losing talent. Some chaebol are one large corporation while others have broken up into loosely connected groups of separate companies sharing a common name. Even in the latter case, each is almost always owned, controlled, or managed by the same family group. South Korea's chaebol are often compared with Japan's keiretsu business groupings, the successors to the pre-war zaibatsu. While the "chaebol" are similar to the "zaibatsu" (the words are cognates,
Video gaming in South Korea Legends" provides free access to all characters and extra game currency on each match. South Korea is well known for the fact that professional gaming has a very substantial following in the country, with the top players earning big money prizes in competitions, and spending a significant number of hours practicing every day. Pro-gaming tournaments in South Korea are broadcast, with millions of people tuning in to watch live or catch the results on one of three channels that are exclusively geared toward e-sports. In South Korea, pro-gaming and e-sports competitions are considered a national past time with approximately 10