provides significant exposure to South Korea’s leading companies, particularly in the technology sector, with a strong focus on Samsung Electronics Co Ltd, representing the largest ETF position (27.44% as of June 6, 2024). Financially, Samsung Electronics reported robust performance in the first quarter of 2024, with consolidated revenue reaching KRW 71.92 trillion. The company continues to lead in semiconductor technology, launching the SSD 990 EVO, which offers improved performance and energy efficiency. Samsung’s innovations were also showcased at the Mobile World Congress 2024, featuring advanced AI capabilities in the Galaxy S24 series.
South Korea, often dubbed a tech nation, is home to major conglomerates like Samsung, LG, and Hyundai, which are at the forefront of technological advancements. The government’s strong support for research and development and a highly skilled workforce have fostered an environment where tech companies thrive.
Samsung is the largest company in South Korea and one of the largest corporations globally. It produces everything from medical supplies to energy and holds substantial interests in finance, resort management, and insurance.
To accommodate over 250,000 employees, Samsung has built a city just outside Seoul.