Import tax has a lot to do with things-- I was just in Korea (south, the sane one ;) ), and our distributor was telling me that for a while, import tax on electronic items was 70%! Partly to try and encourage more manufacturing in the country. 250% markup does seem like quite a lot, however I work for a company that adds about the same margin when reselling things... does seem quite cheeky for pickups, though!