Hyundai Motor Co. will invest more than 45 trillion won (US$40.21 billion) in research and development (R&D) on new cars and future mobility technologies over the next five years. The group is also planning to raise its operating margin from the current 2 percent range to 7 percent by improving its
Samsung Electronics achieved a new milestone in the third quarter of this year as its operating profit surged past the 17 trillion won mark for the first time in its history,The company announced on Oct. 31 that its third-quarter sales and operating profit reached 65.46 trillion won (US$57.48 billio
South Korean smartphone manufacturers are now standing at a critical crossroads. They are still taking the lead in terms of market share but their operating margin is plunging due to rapidly growing Chinese producers.According to data from the securities industry, the smartphone business divisions o
Samsung Electronics Co. overtook US-based Apple Inc. in terms of operating margin for the first time. In other worlds, it has become the company that makes money most effectively in the world.According to industry sources on August 2, Apple posted US$53.27 billion (60.14 trillion won) in sales and U