Top 10 S. Korean companies operating in China

President Xi Jinping arrived in Seoul on July 3 at the start of his first visit to South Korea since taking office last year.

Upon arrival in Seoul, President Xi said he looks forward to exchanging in-depth views with South Korean President Park Geun-hye and jointly mapping out the future of bilateral cooperation.

China is South Korea’s leading export destination and source of imports – and it is thus South Korea’s largest trading partner. Two-way trade hit $274.2 billion in 2013, a 55-fold increase since 1992 – the year the two countries established diplomatic ties.

South Korea is China’s third biggest trading partner, and its investment in China rose 87.9 percent in the first five months this year.

The following list concerns details about the top 10 South Korean companies that have contributed the most to trade ties between the two countries.

Source: Fortune Global 500 2013 list

 

No. 10: S-Oil

China office location: Shanghai municipality

Fortune Global 500 2013 rank: 371

CEO: Nasser Al-Mahasher

Employees: 2,691

Revenues: $30,829.9 million

Profits: $519.5 million

Assets: $11,674.9 million

No. 9: Korea Gas Corporation

China business unit location: Hong Kong SAR

Fortune Global 500 2013 rank: 365

CEO: Kangsoo Choo

Employees: 2,976

Revenues: $31,103.40 million

Profits: $325.6 million

Assets: $37,948.3 million

 

No. 8: Kia Motors Corporation

China headquarters location: Shanghai municipality

Fortune Global 500 2013 rank: 252

CEO: Hyoung-Keun Lee

Employees: 47,083

Revenues: $41,945.8 million

Profits: $3,431.4 million

Assets: $30,266.1 million

 

No. 7: GS Caltex Corporation

China business unit location: Shandong province

Fortune Global 500 2013 rank: 239

CEO: Jin-Soo Huh

Employees: 4,535

Revenues: $43,407.6 million

Profits: $651.8 million

Assets: $21,060.4 million

 

No. 6: Korea Electric Power Corporation

China headquarters location: Beijing municipality

Fortune Global 500 2013 rank: 235

CEO: Hwan-Eik Cho

Employees: 38,611

Revenues: $43,612.9 million

Profits: $-2,811.6 million

Assets: $136,534 million

 

No. 5: LG Electronics Inc

China headquarters location: Beijing municipality

Fortune Global 500 2013 rank 225

CEO: Bon-Joon Koo

Employees: 86,697

Revenues: $45,246.1 million

Profits $59.3 million

Assets $29,387.1 million

 

No. 4: POSCO (Pohang Iron and Steel Company)

China headquarters location: Beijing municipality

Fortune Global 500 2013 rank: 167

CEO Joon-Yang Chung

Employees 35094

Revenues: $56,472.5 million

Profits: $2,186 million

Assets: $74,049.1 million

 

No. 3: Hyundai Motor Company

China headquarters location: Beijing municipality

Fortune Global 500 2013 rank: 104

CEO: Mong-Koo Chung

Employees: 98,348

Revenue: $74,998.5 million

Profits: $7601.8 million

Assets: $113,539 million

 

No. 2: SK Holdings Co Ltd

China headquarters location: Beijing municipality

Fortune Global 500 2013 rank: 57

CEO: Tae-won Chey

Employees: 78,593

Revenue: $106,258.8 million

Profits: $931.3 million

Assets: $84,679.5 million

 

No. 1: Samsung Electronics Co Ltd

China headquarters location: Beijing municipality

Fortune Global 500 2013 rank: 14

CEO: Oh-Hyun Kwon

Employees: 236,000

Revenue: 178,554.80 million

Profits: $20,585.7 million

Assets: $169,154.6 million

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