Companies

Korea

Top Biggest Tech Hardware Companies in Korea

1. Samsung, 2. SK Hynix, 3. LG Electronics, 4. Hanwha Techwin, 5. POSCO ICT, 6. Hyundai Heavy Industries, 7. Doosan Heavy Industries & Construction, 8. Samsung Electro-Mechanics, 9. Samsung SDI, 10. LG Display. The largest Korea-based tech hardware companies by market cap are detailed in this article by Toplist. These businesses are approaching innovation in the hardware sector in different ways, but they are all outstanding businesses that are well worth following.

  1. Samsung
  2. SK Hynix
  3. LG Electronics
  4. Hanwha Techwin
  5. POSCO ICT
  6. Hyundai Heavy Industries
  7. Doosan Heavy Industries & Construction
  8. Samsung Electro-Mechanics
  9. Samsung SDI
  10. LG Display

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: 1 March 1938

Headquarter:40th floor Samsung Electronics Building, 11, Seocho-daero 74-gil, Seocho District, Seoul, South Korea

Market cap: $313.76 Billion

Revenue in 2022 (TTM): $233.13 B

Website: www.samsung.com

top biggest tech hardware companies in korea

Screenshot via www.samsung.com

top biggest tech hardware companies in korea

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: 15 October 1949

Headquarters: Icheon, South Korea

Website: www.skhynix.com

top biggest tech hardware companies in korea

Screenshot via www.skhynix.com

top biggest tech hardware companies in korea

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

top biggest tech hardware companies in korea

Screenshot via www.lg.com

top biggest tech hardware companies in korea

Hanwha Techwin

Hanwha Vision is a corporation that specializes in video surveillance. It belongs to the Hanwha Group. The business has a headquarters in South Korea and 1,822 employees. In 2020, it made a total of 529.8 billion South Korean won in sales.

Techwin also created and commercialized items related to automation, aeronautics, and weapons technology prior to being acquired by Hanwha. Since then, these companies have been divided into three separate Hanwha subsidiaries: Hanwha Precision Machinery, Hanwha Aeronautics, and Hanwha Land Systems.

Hanwha Solutions’ market valuation as of March 2023 is $5.77 billion. By market cap, Hanwha Solutions is now the 2108th most valuable company in the world. The most recent financial reports for Hanwha Solutions show that the company’s current revenue (TTM) is $9.90 billion. The company generated $9.24 billion in revenue in 2021, an increase from $7.90 billion in revenue in 2020.

Founded: 1977

Headquarters: Seongnam-si, Gyeonggi-do, South Korea

Website: www.hanwha-security.com

top biggest tech hardware companies in korea

Screenshot via www.hanwha-security.com

top biggest tech hardware companies in korea

POSCO ICT

POSCO is a South Korean steel-producing business with its headquarters in Pohang. According to this statistic, it produced 42,000,000 metric tons of crude steel in 2015 (41,000,000 long tons and 46,000,000 short tons), ranking it as the sixth-largest steelmaker in the world. According to market value, it was the biggest steel manufacturing company in the world in 2010. In addition, the Fortune Global 500 ranked it as the 146th-largest firm in the world in 2012.

At the moment, POSCO runs two integrated steel mills in Pohang and Gwangyang, South Korea. USS-POSCO Industries, a joint venture between POSCO and U.S. Steel that was previously in operation in Pittsburg, California, was fully bought by U.S. Steel in February 2020.

POSCO’s market cap was $18.82 billion as of March 2023. By market capitalization, POSCO is now the 864th most valuable company in the world. The most recent financial reports from POSCO indicate that the company’s current revenue (TTM) is $65.36 billion. The corporation generated $65.40 billion in revenue in 2021, an increase from $49.30 billion in revenue in 2020.

Founded: April 1968

Headquarters: Pohang, South Korea

Website: www.posco.co.kr

top biggest tech hardware companies in korea

Screenshot via www.posco.co.kr

top biggest tech hardware companies in korea

Screenshot via www.posco.co.kr

Hyundai Heavy Industries

The largest shipbuilding company in the world as well as a significant heavy equipment producer is Hyundai Heavy Industries Co., Ltd. In Ulsan, South Korea, the organization is headquartered. As a branch of the Hyundai Group, HHI was established in 1972 by Chung Ju-yung, who finished construction on its first ships in 1974.

The business was separated from its parent corporation in 2002. Shipbuilding, Offshore & Engineering, Industrial Plant & Engineering, and Engine & Machinery make up HHI’s four main business divisions. Hyundai Heavy Industries also has five non-core related subsidiaries: Hyundai Construction Equipment, Hyundai Robots, Hyundai Heavy Industries Green Energy, and Hyundai Global Service.

Hyundai’s market capitalization as of March 2023 was $32.74 billion. By market cap, this places Hyundai as the 527th most valuable company in the world. The most recent financial reports from Hyundai show that the company’s current revenue (TTM) is $105.12 billion. The corporation generated $101.40 billion in revenue in 2021, a rise from $89.47 billion in revenue in 2020.

Founded: 1972

Headquarters: Ulsan, South Korea

Website: english.hhi.co.kr

top biggest tech hardware companies in korea

Screenshot via english.hhi.co.kr

top biggest tech hardware companies in korea

Screenshot via english.hhi.co.kr

Doosan Heavy Industries & Construction

a South Korean multinational conglomerate company called Doosan Group. The company was listed in the Fortune Global 500 index in 2009. It is the parent company of Koda Power and Bobcat. The Doosan Group is the longest continuously operating business in South Korea and one of the top 10 largest producers of heavy equipment globally in 2018.

A division of the South Korean corporation Doosan Group, Doosan Heavy Industries & Construction manufactures a range of goods, including engines, power plants, desalination plants, construction equipment, machine tools, and defense equipment. Nuclear power plants, thermal power plants, turbines, and generators are made and built by Doosan Heavy Industries & Construction. The corporation was founded in 1962, and Changwon, South Korea, serves as its corporate headquarters.

Doosan’s market cap was $1.22 billion as of March 2023. Doosan is now the 4356th most valuable corporation in the world, according to market cap. The most recent financial reports from Doosan indicate that the company’s current revenue (TTM) is $11.42 billion. The company’s revenue in 2021 was $12.47 billion, down from its sales in 2020 of $14.53 billion.

Founded: 1896

Headquarters: Doosan Tower 18-12, Euljiro 6-ga, Jung-gu, Seoul, South Korea

Website: doosan.com

top biggest tech hardware companies in korea

Screenshot via doosan.com

top biggest tech hardware companies in korea

Screenshot via doosan.com

Samsung Electro-Mechanics

An international manufacturer of electrical components, Samsung Electro-Mechanics is based in Suwon, Gyeonggi-do, South Korea. It belongs to the Samsung Group as a subsidiary. The business makes printed circuit boards, camera modules, network modules, MLCCs, and semiconductor substrates for use in chip parts.

Samsung Sanyo Parts, the company’s original name, was changed to Samsung Electric Parts the following year. In 1977, the name was changed once more to Samsung Electronics Components, and in 1987, it became Samsung Electro-Mechanics. The company has other production facilities in Sejong and Busan in addition to its headquarters in Suwon, South Korea. This business manufactures semiconductor components.

Founded: 1973

Headquarters: Suwon, Gyeonggi-do, South Korea

Website: www.samsungsem.com

top biggest tech hardware companies in korea

Screenshot via www.samsungsem.com

top biggest tech hardware companies in korea

Samsung SDI

Samsung SDI Co., Ltd., also known as SDI in Korean, is a manufacturer of batteries and electronic components with headquarters in Yongin, Gyeonggi-do, South Korea. Through the segments of energy solutions and electronic materials, Samsung SDI runs its business. Rechargeable batteries are produced by the Energy Solution section for use in energy storage systems (ESS), automobiles, and IT devices, while the Electronic Materials segment creates materials for semiconductors and displays.

According to the SNE study, Samsung SDI is placed sixth globally with a 5% market share in the first half of 2022. In the South Korean city of Suwon, Samsung SDI begins construction of a solid-state battery pilot line in 2022. The European Commission penalized Samsung SDI and a number of other significant businesses in 2012 for fixing the price of TV cathode-ray tubes.

Founded: 1970

Headquarters: Yongin, South Korea

Website: www.samsungsdi.com

top biggest tech hardware companies in korea

Screenshot via www.samsungsdi.com

top biggest tech hardware companies in korea

LG Display

One of the biggest producers and suppliers of thin-film transistor liquid crystal display (TFT-LCD) panels, flexible displays, and OLEDs is LG Display. With its headquarters in Seoul, South Korea, LG Display presently runs seven back-end assembly plants and nine fabrication sites across Korea, China, Poland, and Mexico.

In order to produce active matrix liquid crystal displays (LCDs), the Dutch company Philips and the Korean electronics company LG Electronics established LG Display in 1999. Formerly known as LG.Philips LCD, Philips sold off all of its shares in LG Display in late 2008. Another joint venture between the two businesses, known as LG-Philips Displays, was formed specifically to produce cathode ray tubes, deflection yokes, and associated materials, including glass and phosphors.

Founded: 1999

Headquarters: Seoul, South Korea

Website: www.lgdisplay.com

top biggest tech hardware companies in korea

Screenshot via www.lgdisplay.com

top biggest tech hardware companies in korea

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