Top 10 Largest South Korean Companies

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In South Korea, there are a number of significant and successful companies operating in a wide range of industries. This article will give you a glance look at ... read more...

  1. Top 1

    Samsung

    Ranking first on the list of the largest South Korean companies is the Samsung Group, a South Korean global industrial corporation that has its headquarters in Samsung Town, Seoul, South Korea. The Samsung Group is the largest chaebol (business conglomerate) in South Korea. It is comprised of an enormous number of related enterprises, the majority of which are united under the Samsung name.


    Samsung was established in 1938 by Lee Byung-Chul. Over the course of the subsequent 30 years, the company branched out into several different industries, including food manufacturing, textiles, insurance, securities, and retail. In the late 1960s, Samsung joined the electronics business, and in the mid-1970s, it entered the construction and shipbuilding industries. These three industries have become the primary drivers of Samsung's later expansion.


    Samsung is made up of around 80 firms. The company is a leading manufacturer of consumer and industrial electronics, including appliances, digital media devices, semiconductors, memory chips, and integrated systems. Construction, consumer electronics, financial services, shipbuilding, and medical services are among its businesses. Today, Samsung has a significant influence on South Korean economic growth, politics, media, and culture.


    Founded: 1938
    Headquarters: Seoul, South Korea
    Website: https://www.samsung.com

    Screenshot ot https://www.samsung.com
    Screenshot ot https://www.samsung.com
    Samsung US's Youtube Channel

  2. Top 2

    LG Energy Solution

    LG Energy Solution Ltd. is a South Korean battery firm located in Seoul. LGES, along with CATL, Panasonic, SK Innovation, and Samsung SDI, is one of the world's major battery manufacturers. LG Energy Solutions is a pioneer in the development of great materials and next-generation batteries for the future eco-friendly energy sector.


    LG Energy Solution became the industry's first supplier of electric automobiles, electric ships, drones, and battery-powered spacesuits. Leading the future energy industry through the development of Advanced Automotive Battery, Mobility & IT Battery, and ESS Battery companies, all of which are critical for the green energy transition.


    Based on top materials technology, the company dominates the worldwide lithium-ion battery business as the world's only chemical-based battery firm. The company has established itself as a global leader in the EV and energy storage system (ESS) battery sectors. And, using its unrivaled technology, it is rapidly developing new products and acquiring worldwide battery production capacity to strengthen its position as the industry leader in next-generation energy.


    Founded: 2020

    Headquarters: Seoul, South Korea

    Website: https://www.lgensol.com

    Screenshot of https://www.lgensol.com/en/index
    Screenshot of https://www.lgensol.com/en/index
    LG에너지솔루션 [LG Energy Solution]'s Youtube Channel
  3. Top 3

    SK hynix

    SK hynix Inc. manufactures dynamic random-access memory (DRAM) and flash memory chips in South Korea. Hynix is the world's second-largest memory chip manufacturer (after Samsung Electronics) and third-largest semiconductor firm. SK Hynix is the world's second-largest DRAM supplier, with roughly 29% market share, and the world's fourth-largest NAND supplier, with approximately 10% market share. Therefore, it would be missed if not referred to its in the list of the largest South Korean companies today.


    Microsoft, Apple, Asus, Dell, MSI, HP Inc., and Hewlett-Packard Enterprise (previously Hewlett-Packard) are among the company's biggest clients. DVD players, cellular phones, set-top boxes, personal digital assistants, networking equipment, and hard disk drives are among the other products that use the company's memory.


    SK hynix strives to create increased value for all stakeholders, including customers, partner companies, investors, local communities, and employees, through the global technological leadership. Through paradigm-shifting hyper cooperation with its worldwide partners, SK hynix is committed to being a solution provider that leads the global ICT ecosystem. SK hynix aims to be a "Global Top-Tier Technology Company" which helps humanity and society.


    Founded: 1983
    Headquarters: Icheon, South Korea
    Website: https://www.skhynix.com

    Screenshot of https://www.skhynix.com/
    Screenshot of https://www.skhynix.com/
    SK하이닉스 [SK hynix]'s Youtube Channel
  4. Top 4

    Samsung Biologics

    Samsung Biologics is a South Korean biotechnology firm based in Songdo, Incheon, South Korea. Samsung Group's biotech branch provides contract development and manufacturing (CDMO) services to the biopharmaceutical sector. The company's objective is to become its clients' most trusted partner in achieving a Better Life for Humanity through biomedicine. It pursues innovative solutions to build a more sustainable future and enhance the lives of millions throughout the world with creativity, enthusiasm, and unwavering dedication.


    From 2011 to 2018, Samsung Biologics established three production units with a combined capacity of more than 360,000 liters, making it the world's biggest contract-based manufacturer in the biopharmaceutical industry. Since 2020, Samsung Biologics has had a research and development center in San Francisco, California.


    For COVID-19 therapies, the business has collaborated with GlaxoSmithKline, Eli Lilly, and AstraZeneca.During the COVID-19 pandemic, Samsung Biologics collaborated with Moderna for fill-finish, packaging, and labeling of their mRNA vaccine, Spikevax, and Greenlight Biosciences on the manufacture of mRNA vaccine medicinal substance.


    Founded: 2011

    Headquarters: Icheon, South Korea

    Website: https://samsungbiologics.com

    Screenshot of https://samsungbiologics.com/
    Screenshot of https://samsungbiologics.com/
    Samsung Biologics's Youtube Channel
  5. Top 5

    LG Chem

    LG Chem Ltd., sometimes known as LG Chemical, is the largest Korean chemical corporation with headquarters in Seoul, South Korea. It is also among in the list of the largest South Korean companies today. It started off as the Lucky Chemical Industrial Corporation, which made cosmetics. It is currently only a business-to-business organization (the consumer products sector was split off as LG Household & Health Care).


    LG Chem is a worldwide chemical leader with a diverse business portfolio in petrochemicals, advanced materials, and life sciences. To provide innovative solutions for its clients, the firm manufactures a wide range of products ranging from high-value-added petrochemicals to renewable plastics, specializing in cutting-edge electrical and battery materials such as cathodes, as well as pharmaceuticals and vaccines.


    LG Chem is dedicated to achieving carbon-neutral growth by 2030 and net-zero emissions by 2050 by minimizing the effects of climate change and contributing to society through renewable energy and responsible supply chains. The company has 8 manufacturing facilities in South Korea and has 29 commercial sites spread across 15 countries.


    Founded: 1947
    Headquarters: Seoul, South Korea
    Website: https://www.lgchem.com

    Screenshot of https://www.lgchem.com/
    Screenshot of https://www.lgchem.com/
    LG Chem's Youtube Channel
  6. Top 6

    Samsung SDI

    Samsung SDI Co., Ltd. is a South Korean battery and electronic materials manufacturer located in Yongin, Gyeonggi-do. Samsung SDI's business is divided into two segments: Energy Solutions and Electronic Materials. The Energy Solution sector makes rechargeable batteries for IT devices, automotive, and Energy Storage System (ESS) applications, while the Electronic Materials section makes semiconductor and display materials.


    Samsung SDI
    is a leading supplier of lithium-ion rechargeable batteries, offering cylindrical batteries for consumer electronics such as laptops, and polymer rechargeable batteries for smartphones and tablets; recently the company focused its resources on defining a presence in automotive rechargeable batteries.

    The firm is the second-largest provider of consumer electronics batteries and the sixth-largest supplier of vehicle batteries. As an internal supplier to Samsung Electronics, the firm also provides electrical materials for semiconductors and flat-panel displays. All members of Samsung SDI have strived hard to become the real No.1 Company through super-gap technological competitiveness, excellent quality, and qualitative growth that emphasizes profitability.

    Founded: 1970
    Headquarters: Yongin, South Korea
    Website: https://www.samsungsdi.com
    Screenshot of https://www.samsungsdi.com
    Screenshot of https://www.samsungsdi.com
    Samsung SDI Battery Systems's Youtube Channel
  7. Top 7

    Huyndai

    Hyundai Group is the next name ranked in the list of the largest South Korean companies today. The first company in the group was established in 1947 as a construction firm. Chung Ju-Yung and his family members quickly expanded into other businesses with government aid, eventually becoming South Korea's second chaebol. Chung Ju-Yung was the company's only owner until his death in 2001.


    Following the 1997 Asian financial crisis and the death of founder Chung Ju-Yung, the corporation split off many of its most well-known companies, including Hyundai Motor Group, Hyundai Department Store Group, and Hyundai Heavy Industries Group. The Hyundai Group is currently concentrating on elevators and Mount Kumgang tourism.


    Hyundai Motor Company, which, along with Kia, forms the Hyundai Kia Automotive Group, manufactures Hyundai-branded automobiles. Hyundai, headquartered in Seoul, South Korea, maintains the world's biggest integrated vehicle manufacturing facility at Ulsan, capable of producing 1.6 million units per year. Around 75,000 employees work for the firm worldwide.


    Founded: 1947

    Headquarters: Seoul, South Korea

    Website: https://www.hyundaigroup.com

    Screenshot of https://www.hyundaigroup.com/eng/
    Screenshot of https://www.hyundaigroup.com/eng/
    HyundaiWorldwide's Youtube Channel
  8. Top 8

    Coupang

    Coupang is a South Korean e-commerce firm headquartered in Seoul and incorporated in Delaware, United States. Bom Kim founded the firm in 2010, and it has since grown to become South Korea's largest online marketplace. It provides baby goods, clothes, cosmetic products, consumables, home goods and décor, books and toys, sporting goods, technology, and tickets to travel and cultural events.


    The company's Rocket Delivery network can able to deliver over five million items same-day or next-day. Coupang promises to deliver 99.6% of its orders within 24 hours. With the increased demand for internet buying during the COVID-19 epidemic, the firm has thrived.


    Coupang bought the assets of Singaporean streaming service HOOQ in July 2020, establishing the foundation of its Coupang Play streaming service. Following the launch of the service, the company's expansion led it to video streaming distribution. Coupang is frequently referred to as the "Amazon of South Korea" due to its dominant position and corporate size in the South Korean online market.

    Founded: 2010
    Headquarters: Seoul, South Korea
    Website: https://www.coupang.com

    Screenshot of https://www.coupang.com/
    Screenshot of https://www.coupang.com/
    쿠팡 Coupang's Youtube Channel
  9. Top 9

    Kia

    Kia Corporation is a South Korean multinational automobile manufacturer located in Seoul. After its parent firm, Hyundai Motor firm, it is South Korea's second biggest automotive manufacturer. While the corporation maintains factories in numerous nations, most of the automobiles are manufactured in the United States.


    Kia Motors Corporation manufactures passenger cars, trucks, SUVs, light commercial vehicles, and different types of transportation such as buses, delivery vans, and loaders. The firm expanded into automobile leasing and maintenance. Kia today manufactures over 1.4 million automobiles per year across 14 production and assembly facilities in eight countries. These cars are marketed and serviced in 172 countries through a network of over 3,000 distributors and dealers.


    The majority of the company's consolidated revenue comes from the production of passenger automobiles, with another third coming from recreational vehicles and only a small position in commercial vehicles. The three largest countries account for more than half of overall retail sales, with the United States accounting for the most, followed by China and finally Korea.


    Founded: 1944

    Headquarters: Seoul, South Korea

    Website: https://www.kia.com/kr

    Screenshot of https://www.kia.com/kr
    Screenshot of https://www.kia.com/kr
    Kia Worldwide's Youtube Channel
  10. Top 10

    Naver

    For many years, Naver has been the main search portal in South Korea. The firm has also evolved into an internet platform that offers a wide range of internet services, including news, dictionaries, maps, digital comic material, social networking, e-commerce, videos, financial services based on online payments, and Cloud services. Now it is known as one of the largest South Korean companies by market cap.


    Naver Corp. is a global ICT company that provides South Korea's number one search portal "NAVER" as well as services such as Line messenger, Snow camera app, digital comics platform Naver Webtoon, group social media platform Naver Band, and metaverse platform Zepeto. Line, the top mobile messaging service in Japan, Taiwan, Thailand, and Indonesia, combined with Z Holdings (Yahoo Japan), with Naver now holding 32.5% of the combined firm.


    Naver is propelling forward in pursuit of the transformation and innovation of technology platforms. While also remaining committed to a paradigm of shared growth, joining hands with users from the global community as well as a vast number of partnerships.


    Founded: 1999
    Headquarters: Seongnam, South Korea
    Website: https://www.navercorp.com

    Screenshot of https://www.navercorp.com/
    Screenshot of https://www.navercorp.com/
    PLAY NAVER's Youtube Channel



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