Question

Please answer the following questions.

1) what are the Korean mid/big-sized companies?
2) How many do you know about mid/big-sized Korean companies on an international level?
3) Make a list of three to five Korean companies and write what products they manufacture.

4) What kind of products from Korean companies do you use?

Answer 1

What are Mid/Big sized Korean Companies
Companies can be distinguished as small, medium and large companies. Small companies usually have less than 100 employees and have annual revenue of $5-$10 million. Medium enterprises are the ones that have less than 500 employees with annual revenue of $10 million-$1 billion. These companies usually have more than one location for the office. Large companies have more than 1000 employees and have annual revenue of over $1 billion. These have several office locations both domestically and internationally. Taking about Korea Companies like LG Chem, KIA motors, POSCO, Hyundai Motor, and Samsung electronics are some of the biggest technology firms in Korea as well as in the world.

Mid/Big sized Korean companies on an international level
Korea is a technologically advanced country. South Korea is set by new technologies. The country's main motives innovation and it is doing like no other. Korea is one of the largest export countries in the world. When it comes to the international level, Companies like SK Hynix, Samsung Life Insurance, Hyundai Heavy Industries, LG Chem, KIA Motors and Samsung Electronics are some of the biggest names in the technology industry.SK Hynix previously know as the Hynix Semiconductor, is the world's second-largest chipmaker. LG Chem was founded in 1947 with the name Lucky Chemical Industrial and later in 2007, it was merged with LG Petrochemical. It is Korea’s largest company when it to chemical making business and also leading the word in the supply of car batteries.

Four Korean Companies

SK Hynix
SK Hynix previously know as the Hynix Semiconductor, is the world's second-largest chipmaker and provider of dynamic random-access memory chips and non-volatile storage chips. Hynix is also the world's 3rd-largest semiconductor company. Hynix produces a wide variety of semiconductor reminiscences, such as:

• Computing memory
• Consumer and network memory
• Graphics memory
• Mobile memory
• NAND flash
• CMOS image sensor
• A solid-state drive (SSD)
  

LG Chem
LG Chem was founded in 1947 with the name Lucky Chemical Industrial and later in 2007, it was merged with LG Petrochemical. It is Korea’s largest company when it to chemical making business and also leading the word in the supply of car batteries. The company has eight factories in the Republic of Korea and a network of twenty-nine business locations in fifteen countries. This network includes a company in China, Fourteen overseas producing subsidiaries, 5 promoting subsidiaries, seven representative offices, and 2 R&D centers.
LG Chem has been working in three areas:

• Basic materials and chemicals
• Information technology and electronics materials
• Energy solutions

POSCO
POSCO previously know as Pohang Iron and Steel Company is known for its business in steel-making and is headquartered in Pohang, South Korea. It had an output of forty-two million tonnes of crude steel in 2015, creating it the world's fourth-largest steelworker. In 2010, it was the world's largest steel producing company by market share value. Also, in 2012, it was named the 146th world's largest companies by the Fortune global five 500.POSCO exports a wide range of steel products:

• Hot-rolled sheets plate
• Wire rod
• Cold-rolled sheets
• Galvanized sheets
• Stainless steel

Samsung Electronics
Samsung Electronics Co., Ltd.is a South Korean company headquartered in Suwon, South Korea. Samsung Electronics has assembly plants and sales networks in eighty countries and employs around 308,745 people. it's the world's largest manufacturer of consumer electronics and semiconductors by revenue. As of June 2018, Samsung Electronics' capitalization stood at US$325.9 billion. Samsung is a major manufacturer of electronic elements like lithium-ion batteries, semiconductors, chips, image sensors, camera modules and nonvolatile storage devices for companies like Apple, Sony, HTC and Nokia. it's the world's largest manufacturer of mobile phones and smartphones, started with the first Samsung Solstice and later, the recognition of its Samsung Galaxy line of devices. Samsung Electronics produces:

• LCD and LED panels,
• Mobile phones,
• Memory chips,
• NAND flash, solid-state drives,
• Televisions,
• Digital cinemas screen, and
• Laptops.

Products from Korean Companies that I personally use
Products that I own that are manufactured by Korean companies are a 2015 Hyundai i10 Car which is manufactured by Hyundai Motors a south Korean automotive manufacturer. I also use SK Hynix Ram for my personal PC and I also own the Samsung Note 9 series smartphone which is manufactured by Samsung Electronics Co., Ltd a South Korean Consumer Electronics Company.