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GLOBAL BUSINESS INSIDER South Korean Edition South Korea has come a long way since Lee Byung-chul (pictured) set up Samsung Group in 1938. We take a look at where they stand now coming at the end 2013 and what the future might have in store for this nation. Wordcount: 4858

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  • GLOBALBUSINESS

    INSIDERSouth Korean Edition

    South Korea has come a long way since Lee Byung-chul (pictured) set up Samsung Group in 1938.We take a look at where they stand now coming at the end 2013 and what the future might have in store for this nation.

    Wordcount: 4858

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    GLOBAL BUSINESS INSIDERSouth Korean Edition

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    GLOBAL BUSINESS INSIDERSouth Korean Edition

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    (World Bank, 2013)

    THREE KEYINDUSTRY LEADERS.

    RetailTesco PLC

    Revenue 6,374m36 Hyperstores, 66 discount chains (Homeplus)

    AutomotiveKia

    Revenue US$42.45 billion (2012)Operating income US$3.16 billion (2012)Net income US$3.47 billion (2012)Owner(s) Hyundai Motor Company(33.99% )

    TechnologySamsung group - multinational conglomerate company

    Sales 59.08 trillion won (40.25bn) Revenue US$ 268.8 billion (FY 2012) Employees 427,000 (FY 2013)Net income US$ 30.1 billion(FY 2013

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    GLOBAL BUSINESS INSIDERSouth Korean Edition

    Speculators no faith in Samsung and Kia?Koreas two biggest companies, Samsung and Kia are currently valued at a P/E ratio of 6.6 and 5.5, while S&P 500 is valued at a P/E ratio of 19.5. Only three companies trade at a lower valuation, all of them main-land chinese banks.

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