Top 15 Largest Tech Companies in Korea

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In this post, let's examine some of the largest tech companies in Korea, ranked by market capitalization. Go directly to other related articles on Toplist if ... read more...

  1. Top 1

    Samsung

    A South Korean multinational manufacturing corporation with its headquarters in Samsung Town, Seoul, South Korea, is known as Samsung Group, or just Samsung. It is the largest South Korean chaebol and consists of multiple connected enterprises, the majority of which are unified under the Samsung brand (business conglomerate). Samsung will have the eighth-highest worldwide brand value in 2020.


    In 1938, Lee Byung-chul established Samsung as a commercial business. The group expanded into industries like food processing, textiles, insurance, securities, and retail over the course of the following three decades. Samsung entered the shipbuilding and construction industries in the middle of the 1970s after first entering the electronics sector in the late 1960s. Samsung was divided into five business groups after Lee's passing in 1987: Samsung Group, Shinsegae Group, CJ Group, Hansol Group, and JoongAng Group.


    Samsung's market cap as of March 2023 is $313.76 billion. By market capitalization, Samsung is now the 24th most valuable corporation in the world. The most recent financial reports from Samsung show that the company's current revenue (TTM) is $233.13 billion. The corporation generated $240.71 billion in revenue in 2021, a rise from $203.43 billion in revenue in 2020.


    Founded: March 1, 1938
    Headquarters: 40th floor Samsung Electronics Building, 11, Seocho-daero 74-gil, Seocho District, Seoul, South Korea
    Website: www.samsung.com

    Screenshot via https://www.samsung.com
    Screenshot via https://www.samsung.com
    Screenshot via https://www.samsung.com
    Screenshot via https://www.samsung.com

  2. Top 2

    SK Hynix

    SK Hynix is a South Korean manufacturer and supplier of flash memory chips and DRAM chips. After Samsung Electronics, Hynix is the second-largest memory chip manufacturer and the third-largest semiconductor manufacturer in the world. The company, now known as Hyundai Electronics, was established in 1983 as Hyundai Electronic Industrial Co., Ltd. It has manufacturing facilities in Korea, the US, China's mainland, and Taiwan.


    In 2012, Hynix and SK Group combined after SK Telecom became a significant stakeholder (the third largest conglomerate in South Korea). Microsoft, Apple, Asus, Dell, MSI, HP Inc., and Hewlett-Packard Enterprise are some of the company's top clients (formerly Hewlett-Packard). Other items that employ Hynix memory include hard disk drives, mobile phones, set-top boxes, personal digital assistants, and DVD players.


    SK Hynix's market cap was $48.32 billion as of March 2023. By market capitalization, SK Hynix is now the 326th most valuable corporation in the world. The most recent financial reports for SK Hynix indicate that the company's current revenue (TTM) is $38.73 billion. The corporation generated $36.97 billion in revenue in 2021, a rise from $27.36 billion in revenue in 2020.


    Founded: October 15, 1949
    Headquarters: Icheon, South Korea
    Website: www.skhynix.com

    Screenshot via https://www.skhynix.com
    Screenshot via https://www.skhynix.com
    Screenshot via https://www.skhynix.com
    Screenshot via https://www.skhynix.com
  3. Top 3

    Coupang

    The South Korean online retailer Coupang is headquartered in Seoul and was founded in the United States state of Delaware. The company, started in 2010 by Bom Kim, has grown to become South Korea's leading online marketplace. Coupang Play, its video streaming distribution business, is a product of the company's efforts to grow. Coupang is the largest and most dominant e-commerce company in South Korea; hence, the nickname "Amazon of South Korea" has stuck.

    In 2021, Coupang expects to bring in US$18.4 billion in yearly revenue as the first marketplace and largest online retailer in South Korea. More than five million products are available for next-day or same-day delivery through the company's Rocket Delivery network.Coupang promises next-day shipping on 99.6% of orders, according to their FAQ. Seventy percent of the Korean population is within a 10-minute drive of a Coupang distribution hub.

    Coupang
    's headquarters are located in the Songpa-gu neighborhood of Seoul, South Korea. In addition to Seattle and Mountain View, Coupang also maintains locations in Beijing and Shanghai.[10] It was formed as a Delaware corporation in the United States.

    Founded: July 1, 2010
    Headquarters: Jamsil-dong, Songpa-gu, Seoul, South Korea
    Website: https://www.coupang.com/

    Screenshot via
    Screenshot via
    Screenshot via
    Screenshot via
  4. Top 4

    Naver

    Naver is a website run by the Naver Corporation in South Korea. It debuted in 1999 as the country's first web site to feature an in-house search engine. In addition, this service pioneered the use of "comprehensive search," which brings together results from multiple search types and displays them all on a single page. Naver has expanded tremendously since its inception, today offering everything from email and news to the pioneering Knowledge iN online Q&A platform.

    There were 42 million registered users as of September 2017, when the search engine processed 74.7% of all web searches in South Korea. More than a quarter of a billion Koreans use Naver every day, and over twenty-eight million people use the Naver mobile app.[quote missing] Naver has been called "the Google of South Korea" as well. Naver is challenging Kakao for the top spot in the Japanese web book and web comic markets due to its growing popularity there.


    Founded: 1999
    Headquarters: Korea
    Website: https://www.naver.com/

    Screenshot via https://www.naver.com/
    Screenshot via https://www.naver.com/
    Screenshot via https://www.naver.com/
    Screenshot via https://www.naver.com/
  5. Top 5

    Kakao


    Kakao is a South Korean web firm founded in 2010. Daum Communications and the previous Kakao Inc. merged to form the new company. The business became known as Daum Kakao in 2014. In 2015, Kakao underwent yet another rebranding, this time going back to its original name.

    The American social networking business Path, which had found popularity in Indonesia, was acquired by the firm in May of 2015. Kakao paid $1.5 billion in January 2016 to purchase a 76.4% share in the major South Korean entertainment company LOEN Entertainment.


    Kakao M is its new name after a rebranding. KakaoTalk, a free mobile instant messaging program for cellphones featuring text and call functionality, has contributed to the company's rise to fame. There were 220 million downloads and 47 million monthly users by May 2017. For the top spot in the Japanese web comic and web book market, the company competes with Naver Corporation as of March 2022.

    Founded: 2010
    Headquarters: Jeju City, South Korea
    Website: www.kakaocorp.com

    Screenshot via https://www.kakaocorp.com/
    Screenshot via https://www.kakaocorp.com/
    Screenshot via https://www.kakaocorp.com/
    Screenshot via https://www.kakaocorp.com/
  6. Top 6

    LG Electronics

    Located in Yeouido-dong, Seoul, South Korea, LG Electronics Inc. is a worldwide electronics corporation. In conjunction with LG Chem, the group's chemical and battery branch, LG Electronics is a division of LG Corporation, the fourth-largest chaebol in South Korea. Home entertainment, mobile communications, home appliances and air solutions, and automotive components make up its four business units.


    Zenith was purchased by LG Electronics in 1995, and LG Display, the largest display business in the world by revenue in 2020, now belongs to LG Electronics. [Reference needed] In addition, LG Electronics is the world's second-largest TV producer after Samsung Electronics. The business operates in 128 countries and employs 83,000 people.


    The market capitalization of LG Electronics as of March 2023 was $15.54 billion. By market capitalization, LG Electronics is now the 1037th most valuable corporation in the world. The most recent financial reports from LG Electronics indicate that the company's current revenue (TTM) is $64.85 billion. The corporation generated $65.22 billion in revenue in 2021, a rise from $54.52 billion in revenue in 2020.


    Founded: October 1958
    Headquarters: LG Digital Twin Tower 128, Yeouido-dong, Yeongdeungpo District, Seoul, South Korea
    Website: www.lg.com

    Screenshot via https://www.lg.com
    Screenshot via https://www.lg.com
    Screenshot via https://www.lg.com
    Screenshot via https://www.lg.com
  7. Top 7

    Krafton

    South Korean video game holding company Krafton Inc. is headquartered in Bundang-gu, Seongnam. Bluehole has been a subsidiary of the corporation since its formation in November 2018. TERA, PlayerUnknown's Battlegrounds, New State Mobile, and Moonbreaker are just some of the games that the firm has developed or controls the rights to. Forbes lists Chang as one of South Korea's seven gaming billionaires, with a net worth of $2.9 billion.


    Bluehole established Krafton on November 5, 2018, as a holding company for its video game properties following the success of PlayerUnknown's Battlegrounds, which resulted in investment from Tencent Holdings as well as the development and acquisition of studios. The name "Krafton" was chosen in homage to medieval trade group designations. To lead Krafton, Kim Chang-han was brought in from his position as CEO of PlayerUnknown's Battlegrounds developer PUBG Corporation (now PUBG Studios).


    Founded: November 5, 2018
    Headquarters: Bundang-gu, Seongnam, South Korea
    Website: https://www.krafton.com/

    Screenshot via https://www.krafton.com/
    Screenshot via https://www.krafton.com/
    Screenshot via https://www.krafton.com/
    Screenshot via https://www.krafton.com/
  8. Top 8

    NCsoft

    South Korean video game developer and publisher NCSoft Corporation is based in Pangyo, Seongnam, South Korea, and is best known for publishing massively multiplayer online role-playing games like Lineage and Guild Wars.

    Kim Taek Jin
    established NCSoft in March 1997. Lineage, NCSoft's first game, was released in September 1998. After acquiring Destination Games in April 2001, led by Richard Garriott and Robert Garriott, the business established a US subsidiary known as NC Interactive (headquartered in Austin, Texas; later renamed NCSoft West). Lineage II and NCSoft's other MMORPG, City of Heroes, both debuted that year.

    In July 2004, NCSoft established a European headquarters in Brighton, England, as a wholly owned subsidiary known as NCSoft Europe. On February 4, 2005, they launched City of Heroes in numerous European countries, and they've subsequently delivered WildStar and Blade & Soul to the continent as well.


    Founded: March 11, 1997
    Headquarters: Pangyo, Seongnam, South Korea
    Website: ncsoft.com

    Screenshot via https://www.ncsoft.com
    Screenshot via https://www.ncsoft.com
    Screenshot via https://www.ncsoft.com
    Screenshot via https://www.ncsoft.com
  9. Top 9

    Kakao Pay

    The South Korean tech company Kakao offers its customers a mobile payment and digital wallet service called KakaoPay. The service allows for NFC (near-field communication) and QR code-based contactless payments. KakaoTalk, the company's mobile instant chat, now includes the payment system KakaoPay.

    On September 4, 2014, the service became live for the first time, allowing users to send and receive money from their contacts through the KakaoTalk messaging app. Kakao has branched out into additional financial services since its inception, launching an online bank known as Kakao Bank and a debit card. KakaoPay Co., Ltd. was founded in April 2017 to manage the company's payment services.

    Twenty months after its debut, KakaoPay attracted more than 10 million users. New capabilities for the service include invoicing, remittances, and the ability to conduct business online from a mobile device. KakaoPay, a South Korean mobile payment provider, has secured a $200 million investment from Ant Financial, the parent firm of Alipay, a Chinese mobile payment service.

    Founded: September 5, 2014
    Headquarters: Korea
    Website: https://www.kakaopay.com

    Screenshot via https://www.kakaopay.com
    Screenshot via https://www.kakaopay.com
    Screenshot via https://www.kakaopay.com
    Screenshot via https://www.kakaopay.com
  10. Top 10

    Neowiz Games

    Neowiz Corp. is a Japanese company that offers Internet access and related services. The business caters to the public by providing social, gaming, and musical outlets. Through sayclub.com, the company provides free email, online forums, and community chat rooms. Neowiz provides gaming services via the website pamng.com. The business also offers automatic Internet access, Internet push notifications, and portal payments. Neowiz was established in 1997 and currently operates out of Seoul.


    Founded: 1997
    Headquarters: Neowiz Tower 192 - 2 Gumi-Dong, Bundang-Gu, Songnam, Kyo 463500, KR
    Website: http://neowiz.com/en/

    Screenshot via https://www.neowiz.com/
    Screenshot via https://www.neowiz.com/
    Screenshot via https://www.neowiz.com/
    Screenshot via https://www.neowiz.com/
  11. Top 11

    Com2uS

    Com2uS Studios was founded in 1998 and is based in South Korea, where they focus on mobile and online game development and publishing. Com2uS creates games for various platforms like Android, iOS, and others. The corporation has headquarters in the US as well as in Korea, Japan, and China.

    As of 2007, Com2uS has been publicly traded on the KOSDAQ.[3] On October 4, 2013, Gamevil paid slightly more than $65 million to purchase a controlling interest in Com2uS. After releasing Summoners War in 2014, Com2us has made over $1 billion in profit from it over the course of more than three years. The results caused a dramatic increase in the stock price, which as of April 2019 was above 1.3 trillion won.


    Founded: 1998
    Headquarters: Seoul, South Korea
    Website: https://com2us.com/

    Screenshot via https://com2us.com/
    Screenshot via https://com2us.com/
    Screenshot via https://com2us.com/
    Screenshot via https://com2us.com/
  12. Top 12

    Wemade

    Wemade Co., Ltd., situated in Seongnam, South Korea, was formerly known as Wemade Entertainment Co., Ltd. The Legend of Mir 2 and its successor, The Legend of Mir 3, are two of their most popular massively multiplayer online role-playing games (MMORPGs). At its peak, Legend of Mir had over 120 million monthly active users in Asia and was responsible for over $65 million in monthly income. Legend of Mir 2 continues to bring in well over $20 million monthly in China even after nine years of existence.

    Wemade
    's co-founder, Kwan Ho Park, is worth $1.2 billion as of October 19, according to Forbes. WeMade Entertainment fielded a professional gaming team known as WeMade FOX between 2007 and 2011, with players who were consistently ranked in the top tiers of competition in Counter-Strike: Global Offensive, StarCraft: Brood War, and Warcraft III.


    WeMade FOX had some high-earning players including NaDa and Jang Jae "Moon" Ho, and they were sponsored by companies like Pepsi, Skechers, GomTV, and Mizuno. Former players were placed under the custody of KeSPA on August 31, 2011, and the squad was formally disbanded the following day.

    Founded: 2000

    Headquarters: Seongnam, South Korea

    Website: www.wemade.com

    Screenshot via 	www.wemade.com
    Screenshot via www.wemade.com
    Screenshot via 	www.wemade.com
    Screenshot via www.wemade.com
  13. Top 13

    Pearl Abyss

    The South Korean studio Pearl Abyss is responsible for the acclaimed cross-platform massively multiplayer online role-playing game Black Desert Online and the forthcoming open world action adventure Crimson Desert.


    Kim Daeil and Youn Jaemin, formerly of Hangame and NHN Gaming, launched the company in September 2010 and immediately set to work on creating Black Desert Online.Due to the overwhelming response to the game, Pearl Abyss has opted to distribute it independently, rather than working with a third party publisher, as was originally planned.


    Crimson Desert, inspired by the popularity of Black Desert Online, will be a single-player action adventure game. The Eve Online developer and publisher CCP Games was acquired by Pearl on September 6, 2018, for a reported US$425 million. CCP Games would take over the company's development studios in Reykjavk, London, and Shanghai, while Pearl Abyss would take over CCP's publishing and marketing operations.

    Founded: September 10, 2010
    Headquarters: South Korea
    Website: www.pearlabyss.com/en-US

    Screenshot via 	www.pearlabyss.com/en-US
    Screenshot via www.pearlabyss.com/en-US
    Screenshot via 	www.pearlabyss.com/en-US
    Screenshot via www.pearlabyss.com/en-US
  14. Top 14

    Webzen

    Webzen is a video game maker and distributor based in South Korea. The parent business and its affiliates are also involved in the worldwide software licensing and associated services industries. On July 7, 2010, Webzen merged with NHN Games, effectively ending both companies. On January 26, 2011, Webzen purchased Ymir Games, making it the new owner of Metin2.

    In addition to Archlord 2, the business has released MU: eX 700, the first expansion for MU Online, as well as the Continent of the Ninth (C9): PvP Global Championship and the unprecedented MU World Championship 2011.

    The C9 service
    was launched worldwide on July 1, 2012. As C9 was released, Webzen also announced the beginning of the C9 and Arctic Combat World Championships, where players from all over the world fight for the title of best in both games. The grand finale took place on November 10 at the G-Star 2012 Expo. Arctic Combat's worldwide launch date was December 6, 2012. Arctic Combat on Steam was also featured. In 2013, this service was discontinued.


    Founded: April 28, 2000
    Headquarters: Bundang-gu, Gyeonggi-do, South Korea
    Website: www.webzen.com

    Screenshot via https://www.webzen.com
    Screenshot via https://www.webzen.com
    Screenshot via https://www.webzen.com
    Screenshot via https://www.webzen.com
  15. Top 15

    Gravity Co.

    The name "Gravity Co., Ltd." (in Korean) refers to a South Korean video game company best known for creating the MMORPG Ragnarok Online. The company, which began as a modest operation in Shinsa-dong, Kangnam-ku, Seoul, South Korea, has since grown to include a number of subsidiary branches and an international presence. Gravity Corporation, the first Korean video gaming firm, made its initial public offering (IPO) on February 8, 2005, and traded $108 million USD on NASDAQ under the ticker symbol GRVY.

    The company's past was rocky, with CEO Hakyu Kim leaving and company president Jung Ryool Kim taking over as CEO, but things have settled down and the business has expanded across all of north and south-east Asia through supervised partnerships with local corporate entities. Ragnarok Online, the main product of Gravity Corporation, is a success in Asia; nevertheless, the Western European and American markets for the program are not as developed.


    Founded: April 2000
    Headquarters: Seoul, Republic of Korea
    Website: https://www.gravity.co.kr/kr/

    Screenshot via https://www.gravity.co.kr/kr/
    Screenshot via https://www.gravity.co.kr/kr/
    Screenshot via https://www.gravity.co.kr/kr/
    Screenshot via https://www.gravity.co.kr/kr/



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