Arab Today, arab today samsung hyundai dominate net profits of south korean companies
Last Updated : GMT 08:53:10
Arab Today, arab today
Arab Today, arab today

Samsung, Hyundai dominate net profits of South Korean companies

Arab Today, arab today

Arab Today, arab today Samsung, Hyundai dominate net profits of South Korean companies

Seoul - Yonhap

Samsung Electronics Co., the world\'s top smartphone maker, and two other South Korean companies accounted for nearly a third of combined net profits of local firms last year, data showed Monday, in the latest sign of concentration of wealth in a few conglomerates in Asia\'s fourth-largest economy. The other two companies are Hyundai Motor Co. and its smaller sister company Kia Motors Corp., the two major flagship units of Hyundai Motor Group, the world\'s fifth-largest carmaker.

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