Whenever we hear about South Korea, what is the first thing that comes to our mind? Cinematic: K-drama, BTS, and the beauty industry, but do you know they are the home of the largest companies in the world? Companies like LG, Hyundai, and SK Hynix, are South Korean. They have not only shaped the future of the country but are also making significant impacts on the global market. Also, if you are an investor, these are the best companies in Korea that you can invest in to start creating your wealth creation journey. Let’s delve into the list of top companies in South Korea:
Note: These companies have been selected based on their market capitalisation.
#1 Samsung Electronics
The first name on our list of top companies in South Korea is Samsung Electronics. It is a flagship company of the Samsung chaebol and accounted for more than 70% of the group’s revenue in 2012. Samsung Electronics is known for building major appliances and consumer electronics. It is the biggest company in South Korea and the 12th largest in the world by market capitalization.
Market Captilisation: $417.39 Billion
Per Share Value: $63.13
#2 SK Hynix
SK Hynix is another big company in Korea that was founded 74 years ago on 15 October 1949. The company is a leading player in semiconductors. Do you know who its major customers are? Hynix supplies its products to major corporations like Microsoft, Apple, Asus, Dell, HP Inc., and Hewlett Packard Enterprise (formerly Hewlett-Packard) and more. It ranks second on our list of top companies in South Korea, with an operating income of KWR 7.73 trillion in 2023.
Market Capitalisation: $117.78 Billion
Per Share Value: $171.05
#3 LG Energy Solutions
LG Energy Solutions is among the South Korean 100 companies and is the 309th most valuable company by market cap in the world. The company started operating in December 2020 and has become the largest battery manufacturer in the world since then.
Market Capitalisation: $60.63 Billion
Per Share Value: $259.11
#4 Hyundai
It is one of the top companies in South Korea, known for manufacturing some of the finest cars in the world. Hyundai is one of the biggest companies in South Korea, having developed its own exclusive technology and exporting its cars to more than 200 countries. Hyundai Creta, Hyundai VENUE, and Hyundai Exter are some of the most sold car models.
Market Capitalisation: $48.44 Billion
Per Share Value: $63.50
#5 Samsung Biologics
Samsung is among the biggest Korean companies that have multiple arms. Samsung Biologics is a biotechnological division of the Samsung Group headquartered in Songdo, Incheon. The company provides contract development and manufacturing (CDMO) services to the biopharmaceutical industry. Because of its world-class services, Samsung Biologics Ltd. provides its services to Pfizer, GlaxoSmithKline, Eli Lilly, and many more high-value pharma companies. It has a market valuation of billions, which makes it rank fifth on our list of top companies in South Korea and 478th most valuable company in the world.
Market Capitalisation: $40.68 Billion
Per Share Value: $63.50
#6 Coupang
Coupang is another big company in Korea, popularly known as the “Amazon of South Korea.” The company is known for its services, such as Rocket Delivery, Rocket Fresh, Coupang Eats, Coupang Play, and more. Coupang is now among the top companies in South Korea and is the 495th most valuable company in the world. However, the company was incorporated in 2010 by Bom Kim in Delaware, United States.
Market Capitalisation: $38.74 Billion
Price Per Share: $21.67
#7 Kia
On our list of top South Korean companies, Kia is another notable name. You might have already heard about the company many times, even if you are not a user of its products. It is the second-largest car manufacturer in the country and ranks among the South Korean 100 companies. Kia is known for manufacturing top-of-the-line cars, and because of this, it registered a sale of 2.8 million vehicles in 2019.
Market Capitalisation: $35.83 Billion
Price Per Share: $90.45
South Korean Giants: Companies Shaping The Future Of Korea
Above, we have mentioned some of the best companies in Korea that you should consider in your stock portfolio. These are not just the companies; they are the key architect of what countries grow and innovate. For more informative blogs and articles, stay tuned to TradeFlock.
Frequently Asked Questions
What industries are these top companies in?
These companies operate in various industries such as electronics, automotive, semiconductors, home appliances, and steel production.
Which is the largest company in South Korea?
Samsung Group is the largest company in South Korea in terms of revenue and market capitalization.
What are some of Samsung Electronics’ key products?
Samsung Electronics is known for its smartphones (Galaxy series), televisions, semiconductors, and home appliances.
Who are Hyundai Motor’s major competitors?
Major competitors of Hyundai Motor include Toyota, Volkswagen, Honda, and Nissan.
What is SK Hynix known for?
SK Hynix is renowned for its semiconductor products, particularly memory chips like DRAM and NAND flash.
