A recent survey from South Korea reveals a significant boost in the country’s top 500 companies’ performance in 2024. Operating profits soared by 66% compared to 2023, reaching KRW73 trillion (approx. US$51.1 billion), with the semiconductor industry leading the charge. Major players such as SK Hynix and Samsung Electronics are driving the country’s IT and electronics sector, contributing to an astounding 854% increase in operating profits for the industry as a whole.