Korean companies rank third in the world in many fields and top the world in several fields

News on September 5, the latest global industry survey shows that Korean companies have maintained their leading position in many major industrial fields, ranking third in the world alongside Japanese companies. At the same time, South Korea has achieved the world's number one position in six fields including smartphones and OLED panels.

According to Japan's "Nihon Keizai Shimbun" report, the 2022 market share survey covers 63 major product and service areas. Among them, Korean companies rank first in the world in six categories: smartphones, DRAM, OLED panels, NAND flash memory chips, ultra-thin TVs and shipbuilding.

In the field of electronics, especially in the field of smartphones, Samsung Electronics is firmly at the top of the list. HD Hyundai Heavy Industries became a new leader in the shipbuilding field last year. At the same time, Japanese companies occupy the world's number one position in six fields such as automobiles, digital cameras, and portable lithium-ion batteries. It is worth mentioning that with the emergence of HD Hyundai Heavy Industries, the number of leading companies in South Korea increased by one compared to the previous year, while Japan decreased by one.

Overall, in the survey covering a wide range of industries, the United States topped the list in more than a third, or 22 industries, making it the most dominant country. China follows closely behind, with Chinese companies ranking first in 16 industries. U.S. companies dominate the list of industries including Tesla in electric vehicles, Applied Materials in semiconductor manufacturing equipment, Pfizer in biopharmaceuticals, Amazon in cloud services, and Apple in tablet computers.

On the other hand, China has performed well in the field of key components for electric vehicles, such as CATL’s automotive lithium-ion batteries, BOE’s large LCD panels, and Lenovo’s personal Computers, Hikvision’s surveillance cameras, Haier’s refrigerators and washing machines, Huawei’s mobile communication infrastructure, etc. The findings indicate that Asian countries occupy a prominent position in global industrial competition and continue to drive the development of global technology and manufacturing.

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