In 2024, South Korea's top-100 companies generated an estimated KRW1,615 trillion (US$1.16 trillion) in total economic contribution, up more than KRW60 trillion from the previous year. Topping the list was Samsung Electronics, whose contribution reached KRW157.5 trillion, solidifying its position as the country's most impactful enterprise for the second consecutive year
Xiaomi is advancing its electric vehicle ambitions as its wholly owned unit, Xiaomi Jingxi Technology, secures a 50-year lease for a 485,134-square-meter (~119.88-acre) industrial site in Beijing's Economic-Technological Development Area (BETDA), also known as Yizhuang New Town. The deal, worth CNY635 million (approx. US$88.4 million), was confirmed by the Beijing Municipal Planning and Natural Resources Commission
