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Possible Answers:
SAMSUNG.
Last seen on: NY Times Crossword 13 Oct 19, Sunday
Random information on the term “SAMSUNG”:
The Five-Year Plans of South Korea (경제사회발전 5개년계획, 經濟社會發展5個年計劃) were an economic development project of South Korea.
Both North and South Korea had survived the Korean War (1950–53). From the end of World War II, South Korea remained largely dependent on U.S. aid until an internal revolution occurred in 1961. American economic aid failed in its goal of creating an industrial base in South Korea largely thanks to corruption. While the South Koreans did not starve and were able to keep up with national defense, most of the aid was misappropriated for private use. This created a small class of wealthy Koreans at the expense of the majority of the country, generating resentment. Despite this widespread corruption however, the Syngman Rhee administration had managed to use some U.S. aid to develop the countries education system, transportation infrastructure, and communications infrastructure. This investment resulted in the South Korean population being well educated by the time of the Park Chung-hee regime took over, with the infrastructure in place for rapid economic growth. In 1961, General Park Chung-hee seized political power and decided the country should become self-reliant by utilizing five-year plans.