List Of Largest Companies Of South Korea
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List Of Largest Companies Of South Korea
This article lists the largest companies in South Korea in terms of their revenue, net profit and total assets, according to the American business magazines ''Fortune'' and ''Forbes''. 2020 ''Fortune'' list This list displays all 14 Korean companies in the Fortune Global 500, ranks the world's companies by revenue. The figures below are given in dollars US dollars and are for the fiscal year 2019. Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company. 2020 ''Forbes'' list This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies. The ''Forbes'' list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking. The table below also lists the headquarters location and industry sector of each company ...
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Samsung Headquarters
The Samsung Group (or simply Samsung) ( ko, 삼성 ) is a South Korean multinational manufacturing conglomerate headquartered in Samsung Town, Seoul, South Korea. It comprises numerous affiliated businesses, most of them united under the ''Samsung'' brand, and is the largest South Korean (business conglomerate). Samsung has the eighth highest global brand value. Samsung was founded by Lee Byung-chul in 1938 as a trading company. Over the next three decades, the group diversified into areas including food processing, textiles, insurance, securities, and retail. Samsung entered the electronics industry in the late 1960s and the construction and shipbuilding industries in the mid-1970s; these areas would drive its subsequent growth. Following Lee's death in 1987, Samsung was separated into five business groups – Samsung Group, Shinsegae Group, CJ Group and Hansol Group, and JoongAng Group. Notable Samsung industrial affiliates include Samsung Electronics (the world' ...
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SK Holdings
SK Inc. () is a holding and IT services company headquartered in Seoul, South Korea. The company is divided into Investment Division and Business Division. The Investment Division operates as a holding company engaged in petroleum, telecommunications, wholesale and retail, chemicals, semiconductors, biotechnology, and other industries. It holds the SK Group's major subsidiaries, including SK Innovation, SK Telecom, SKC, SK Networks, SK Materials, and SK Biopharmaceutical. The Business Division, SK Inc. C&C, provides system integration, software design and development, information processing, and consulting services. History SK Holdings was established when SK Group decided to reorganize South Korea's biggest refiner SK Corporation into a holding company structure after a high-profile battle with Dubai-based fund Sovereign Asset Management in 2003. Although Sovereign failed to oust fraud-convicted chairman Chey Tae-won, SK sought to increase transparency and corporate govern ...
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GS Caltex
GS Caltex Corporation () is a South Korean oil refiner jointly owned by Chevron and GS Group. The company was founded in May 1967 as the first private oil company in Korea. The company changed its name from LG-Caltex Oil Corporation to GS Caltex Corporation in 2005 as part of the GS Group split from LG Corporation. Production Base * Refining Facilities : GS Caltex has crude oil refining facilities with a capacity of . * Kero-Diesel Hydrodesulfurization Facilities : GS Caltex desulfurizes of kerosene and diesel each day. Business Domain * Petroleum : GS Caltex has a daily production capacity of per stream day and more than 50% of total output is exported. * Petrochemicals : GS Caltex constructed a polypropylene plant in 1988. That was followed by expansion into the aromatics business in 1990. Currently, GS Caltex manufactures basic petrochemicals. * Base Oil & Lubricants : In November 2007, GS Caltex began base oil production with a capacity of per stream day. As of 2011, it ...
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CJ Corporation
CJ Group () is a South Korean conglomerate holding company and one of the largest Chaebol headquartered in Seoul, South Korea. It comprises numerous businesses in various industries of food and food service, pharmaceutics and biotechnology, entertainment and media, home shopping and logistics. CJ Group is originally a branch of Samsung. CJ comes from 'Cheil Jedang' (Hangul: 제일 제당), which can literally mean "first sugar manufacture", the industry where it originally started. Notable CJ subsidiaries include CJ CheilJedang (Food and Beverage), CJ Logistics (Logistics), CJ Olive Networks (Health & Beauty Stores & IT), CJ ENM (Entertainment and Retail), and CJ CGV (Cinema Chain). The group is chaired by Lee Jay-hyun, eldest grandson of Samsung's founder. History 1955 to 1970 CJ was founded as 'Cheil Jedang' in August 1955 as a sugar and flour manufacturer and was originally part of Samsung Group, as its first manufacturing business. In 1955, it opened the first flour mill i ...
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Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ...
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KB Financial Group Inc
KB Financial Group Inc. () is a financial holding company headquartered in Seoul, South Korea. The Group and its subsidiaries provide a broad range of banking and financial services. It is one of the domestic systemically important banks (D-SIBs) identified by the Financial Services Commission (South Korea), Financial Services Commission. History KB Financial Group was established through restructuring Kookmin Bank into a holding company in September 2008. Kookmin Bank launched a financial holding firm to boost non-banking operations such as brokerage, insurance, and consumer finance. After the establishment, KB has acquired non-banking financial services companies, including LIG Insurance, Hyundai Securities, Prudential Life Korea, etc. In 2015, KB acquired LIG Insurance, South Korea's fourth-largest non-life insurance company with assets totaling 24 trillion won, from LIG Group and changed its name to KB Insurance. KB also took over Hyundai Securities from Hyundai Group after ...
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Hyundai Mobis
Hyundai Mobis (short for ''Mobile'' and ''System'') is a public South Korean car parts company. Founded as Hyundai Precision & Industries Corporation ( ko, 현대정공/現代精工) in 1977, the company forms the "parts and service" arm for the South Korean automakers Hyundai Motor Company, Genesis Motors and Kia Motors. As of 2014, it was the "world's No. 6 automotive supplier." History Headquartered in Seoul, South Korea, it was founded on June 25, 1977 as Hyundai Precision & Industries Corporation. In 2000, the company changed its name to Hyundai Mobis. The company forms the "parts and service" arm for the South Korean automakers Hyundai Motor Company, Genesis Motors and Kia Motors. In 2013, the company had revenue of US$ 33 billion. As of 2014, it was "the world's No. 6 automotive supplier" in ''Bloomberg''. In May 2016, the company ranked #297 on the Forbes Global 2000, with a market cap of US $21.3 billion. In 2015, it had revenues of $32.11 billion. Products The ...
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Hanwha
, former_name = Korea Explosives Group , type = Public , traded_as = , industry = Conglomorate , founded = , founder = Kim Chong-hee , hq_location_city = Seoul , hq_location_country = South Korea , area_served = Global , key_people = Kim Seung-yeon( Chairman and CEO) , revenue= ₩72,890,000,000,000 (2020) , operating_income = ₩2,927,888,000,000(Hanwha Corp. only) , net_income = ₩19,327,000,000(Hanwha Corp. only) , num_employees = 43,690 , num_employees_year = 2020 , subsid = , owners = Estate of Kim Seung-yeon (32.02%)Hanwha through treasury stock (8.08%)National Pension Service (8.67%) , homepage = https://www.hanwha.co.kr/ (Korean) https://www.hanwha.com (English) , footnotes = , intl = Hanwha Group () is a large business conglomerate ('' chaebol'') in South Korea. Founded in 1952 as Korea Explosives Co. (), the group has grown into a large multi-profile business conglomerate, with diversified holdings stretching from explosives, their origi ...
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Kia Motors
Kia Corporation, commonly known as Kia (, ; formerly known as Kyungsung Precision Industry and Kia Motors Corporation), is a South Korean multinational automobile manufacturer headquartered in Seoul, South Korea. It is South Korea's second largest automobile manufacturer, after its parent company, Hyundai Motor Company, with sales of over 2.8 million vehicles in 2019. the Kia Corporation is minority owned by Hyundai, which holds a 33.88% stake valued at just over US$6 billion. Kia in turn is a minority owner of more than twenty Hyundai subsidiaries ranging from 4.9% up to 45.37%, totaling more than US$8.3 billion. Etymology According to the company, the name "Kia" derives from the Sino-Korean characters (, 'to arise') and (, which stands for 亞細亞, meaning 'Asia'); it is roughly translated as "Rising from (East) Asia." History Origins and early expansion Kia was founded on June 9, 1944, as Kyungsung Precision Industry, a manufacturer of steel tubi ...
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Naju
Naju () is a city in South Jeolla Province, South Korea. The capital of South Jeolla was located at Naju until it was moved to Gwangju in 1895. The name Jeolla actually originates from the first character of Jeonju () and the first character of Naju (; nowadays spelled and pronounced 나/''na'' according to the South Korean standard). Dongshin University is situated in Naju. Naju is famous for the Naju Pear which is a large round pear that forms its district logo. History * In the Later Three Kingdoms period of Korean history, Wang Geon (later Taejo of Goryeo Dynasty) occupied the Naju area, which was then part of Later Baekje Kingdom and came to become large base of his political support. He also married the daughter of the Magistrate of Naju, Lady Janghwa, who became the mother of Goryeo's second King Hyejong of Goryeo. * In 1986, the governmental name was changed from Geumseong to Naju. * In 1995, Naju city was expanded to include Naju county. Climate Products A well-k ...
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Utilities
A public utility company (usually just utility) is an organization that maintains the infrastructure for a public service (often also providing a service using that infrastructure). Public utilities are subject to forms of public control and regulation ranging from local community-based groups to statewide government monopolies. Public utilities are meant to supply goods/services that are considered essential; water, gas, electricity, telephone, and other communication systems represent much of the public utility market. The transmission lines used in the transportation of electricity, or natural gas pipelines, have natural monopoly characteristics. If the infrastructure already exists in a given area, minimal benefit is gained through competing. In other words, these industries are characterized by ''economies of scale'' in production. There are many different types of public utilities. Some, especially large companies, offer multiple products, such as electricity and natu ...
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Korea Electric Power Corporation
Korea Electric Power Corporation, better known as KEPCO (Hangul: 켑코) or Hanjeon (Hangul: 한전), is the largest electric utility in South Korea, responsible for the generation, transmission and distribution of electricity and the development of electric power projects including those in nuclear power, wind power and coal. KEPCO, through its subsidiaries, is responsible for 93% of Korea's electricity generation as of 2011. The South Korean government (directly and indirectly) owns a 51.11% share of KEPCO. Together with its affiliates and subsidiaries, KEPCO has an installed capacity of 65,383 MW. On the 2011 Fortune Global 500 ranking of the world's largest companies, KEPCO was ranked 271. KEPCO is a member of the World Energy Council, the World Nuclear Association and the World Association of Nuclear Operators. As of August 2011, KEPCO possesses an A+ credit rating with Fitch Ratings, while Moody's has assigned KEPCO an A1 stable rating. Originally located in Samseong- ...
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